Stock Market News: Stock Market Review, Jan 6th, 2020

Stock Market News: Stock Market Review, Jan 6th, 2020

US-Iran Tension

Last week, market was to extend rally, until Friday.

Market faced heavy sell-off when news that Top Iran military officers were killed.

This is going to weigh on market for the next few session.

 

Last week pick updates

Our Pick for 30th Dec 2019

  1. No Pick

 

Market Updates

For now, market is shaky with the US-Iran tension.

However, unless the situation worsens and triggers a war, the market is unlikely to sell-off for a longer-term.

For now, it is a higher risk market for mid term trader.

We, however, is still bullish for longer-term and on the overall market.

Our pick for 6th Jan 2020

  1. DHI, long

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Till next week,

Happy trading

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