Stock Market News: Stock Market Review I Jan 14th, 2019 I
Upbeat week & A great start for 2019
Last week, with the optimism on trade talk, market continued uptrend.
However, the statement from the trade talk didn’t provide concrete details, and that have hinder further upside, and market showing fatigue towards end of session.
Last week pick updates
Our Pick for 07 Jan 2019
- XLP, long
- ELS, long
On XLP, it is a small win, it is probably good time to take profit 1st for now.
For ELS case, it is a clear win. A 5% increase of price within 5 days.
Market sentiment had improved lately, however, market is probably due for a pullback.
This week, earning season will kick start and it will be a very important milestone since the “trade-war” started.
Currently, our view is the market looks to continue uptrend, and we are going to long the market.
Our pick for 14 Jan 2019
- TILE, long
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Till next week,