Stock Market News: Stock Market Review I Jan 14th, 2019 I

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

  1. XLP, long
  2. ELS, long

stock market review jan 14

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 Updates

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

  1. TILE, long

For those who are interested to join our daily comment and pick recommendation, pls like our facebook page to get more info.

 

Till next week,

Happy trading

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