Stock Market News: Stock Market Review, May 13th, 2019

Stock Market News: Stock Market Review, May 13th, 2019

US increased tariff

Last week market were very volatile, and it is too much headline focus.

Last week pick updates

Our Pick for 6th May  2019

  1. No pick

 

Market Updates

US on Friday, raised tariff as per tweeted by Trump.

While China had responded by saying the country will retaliate, nothing had happened till now.

Overall market reacted with some sell off.
However, market is still very much positioned with a trade deal to be confirmed on a later date.

This week are likely going to be turbulent, and it is probably good to wait for the storm to settle.

Our pick for 13th May 2019

  1. OKE, long (this is a higher risk set up)

 

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

Leave a Reply

Your email address will not be published. Required fields are marked *