Stock Market News: Stock Market Review, July 29th, 2019

Stock Market News: Stock Market Review, July 29th, 2019

Earnings focus

Last week,  market were very much earnings focused.

As for now, earnings had been good, but some concern is looming over guidance.

Last week pick updates

Our Pick for 22nd July  2019

1.MNST, short

MNST, is lost.

 

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. (same like last week comment)

This wed, Fed rate decision will be announced, and that are likely the catalyst that will set the direction of the market forward.

We are expecting a relatively quiet Monday & Tuesday.

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

Our pick for 29th  July 2019

  1. VEEV, long

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Till next week,

Happy trading

 

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