Stock Market News: Stock Market Review, March 4th, 2019

Stock Market News: Stock Market Review, March 4th, 2019

Trade talk still in focus with optimism

This is another week where market rally gradually with optimism on trade talk.

Latest news shows that china is now reducing US products tariff, and it is a good sign to the market.

Last week pick updates

Our Pick for 19 Feb 2019

  1. XYL, long
  2. CR, long

On XYL case, following last week, it continues to edge up, it is a win.

 

On CR case, it is a breakeven.

 

Market Updates

Market made a higher low last session.

It shows that market players are optimistic about market development.

On the technical perspective, market is due for retrace.

A lot of focus is on trade talk, and any good/bad news will move the market. (ya, repeating again for the 3rd week)

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

Currently, our view is the market looks to continue uptrend, and we are going to long the market.

Our pick for 4th March 2019

  1. DOV, long
  2. BAH, long

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Till next week,

Happy trading

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