Stock Market News: Stock Market Review, Nov 25th, 2019
Trade deal, trade deal
Last week, the market was mainly moved by the development of the trade deal, which is flip-flopping.
On one day, the news was out that a trade deal is very soon, another day, another news mentioned that deal is unlikely in 2019.
Then it follows with another day of rumors are not true, then one more news that says china is not optimistic.
And this is likely going to continue until the deal is signed.
Last week pick updates
Our Pick for 18th Nov 2019
- ZTS, long
- TSCO, long
ZTS, is a win.
TSCO, is lost as it hit the STP range.
The biggest catalyst for the week and possibly the coming weeks will still be trade deal.
While both US & China are showing interest in getting the deal signed, there are still some critical elements that both sides don’t seem to be willing to compromise. That brings in all the uncertainty.
For now, the market really needs such a catalyst to move higher, else, it would be a drastic move down.
For now, the market is positive, and we are going long with cautious.
Our pick for 25th Nov 2019
- FORM, long
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Till next week,