Stock Market News: Stock Market Review I Jan 9th,2019 I

Stock Market News: Stock Market Review I Jan 9th,2019 I

Sharp U turn of the week.

Last week, we decided not to establish any new position as signals are very unclear.

Last week pick updates

Our Pick for 31st Dec 2018

  1. No Pick

 

Market Updates

Market sentiment had improved a lot in the last session.

Last week, Fed chairman statement shows a dovish tune, and it relief the market on fear on rising rates.

At the same time, positive hope on trade talk also boosted market.

On 8th Jan, US will have trade talk with China in Beijing, and positive outcome are widely anticipated.

Our pick for 07 Jan 2019

  1. XLP, long
  2. ELS, long

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Till next week,

Happy trading

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