Stock Market News: Stock Market Review, March 11th, 2019

Stock Market News: Stock Market Review, March 11th, 2019

Trade talk still in focus, with optimism fading.

Last week, market starts to show impatience and with US dollar strengthens, the broad market declined.

Last week pick updates

Our Pick for 4 March  2019

  1. DOV, long
  2. BAH, long

On DOV case, it is a lost.

On BAH case, it is a breakeven case, whereby it is currently in green.

 

 

Market Updates

Market retraced last week.

While it took longer than expected to conclude trade talks, market shows optimism fading.

On the technical perspective, market retrace as per expected last week.

We are trading cautiously now, with more focus on headlines.

Currently, our view is market is now seeking direction, and it is now a higher risk market.

Our pick for 11th  March 2019

  1. BAH, long (higher risk)

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Till next week,

Happy trading

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