Stock Market News: Stock Market Review, Nov 18th, 2019
All time high
Last week, market were up, and all indexes made new all time high.
This is all boosted by the optimism in trade talk.
However, nothing is concrete yet, so this rally is also fragile.
Last week pick updates
Our Pick for 11th Nov 2019
- No pick
The biggest catalyst last week was the optimism on trade deal.
Both US & China is showing some willingness to compromise, and that is seen as positive for the deal.
It is also noted that the rally were driven by medium growth sector, which are likely the group of value stocks.
For now, market is positive, and we are going long with cautious.
Our pick for 18th Nov 2019
- ZTS, long
- TSCO, long
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Till next week,