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

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

Earnings, and positive development in trade deal?

Last week, market were up, and made another all-time high.

Both China & US agreed to roll back tariff, but with uncertainty from Trump.

 

Last week pick updates

Our Pick for 4th Nov 2019

  1. OKE, long

For OKE case, it is a no entry case. OKE opened high and it is out of our entry range.

 

Market Updates

The biggest catalyst last week was the announcement by both china & US that there will be a roll back on tariff in stages. Market rallied on Thursday with that.

On Friday, Trump says he had not agreed to the roll back, which added uncertainty to the market.

This week, the development from this will be a key market mover.

We are positive with the market, and are going to long.

 

Our pick for 11th Nov 2019

  1. No Pick (non in our watchlist is at good setup today)

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Your email address will not be published.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 *