Stock Market News: Stock Market Review, June 10th, 2019
US reached deal with Mexico
Last week, market rebounded strongly.
Tech was hit when the big tech was investigated with the antitrust act.
However, market recovers strongly after that and was strengthen with low job growth, which increases the chances of a rate cut.
Last week pick updates
Our Pick for 3rd June 2019
- EOG, short
TTC, is lost.
Last week, Market rebounded and seems like going to continue with that.
Mexico had reached a deal with US, and the tariff will not be imposed, easing a lot of anxiety in the market.
With job report being worse than expected, it also increases the chance of a rate cut, and market is pricing that in.
While we are still cautious with the market, we are going to long.
Our pick for 10th June 2019
- ENSG, long
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Till next week,