Stock Market News: Stock Market Review, July 22nd, 2019

Stock Market News: Stock Market Review, July 22nd, 2019

Sideway

Last week,  market were very much moving sideways without clear direction.

As the market data is showing contradicting signal, market needs a clear catalyst to set its course.

Last week pick updates

Our Pick for 15th July  2019

  1. NXPI, Long

NXPI, is a breakeven.

 

And, the previous week pick, TTC, perform really well last week.

 

 

Market Updates

Currently, market is focusing on earnings results.  So far, the earnings result had been good, but the guidance given were mixed. It is not upbeat, but at the same time, it is not that negative.

This week continues to be earnings focus, market will likely be going to move sideways until end of the month, where Fed will announce it’s rate decision.

It is a higher risk market now, all set up is a higher risk with expected big volatility.

Our pick for 22th  July 2019

  1. MNST, short

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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