Stock Market News: Stock Market Review, Nov 4th, 2019
Strong Earnings & trade deal updates
Last week, market were up, and made an all-time high.
However, there was a sell-off on Thursday when an officer says a long term deal might not be reached.
It thus created some volatility in the market.
Last week pick updates
Our Pick for 28th Oct 2019
- UNP, long
During the weekend, China posted that US-China each principle consensus on trade deal, and it is likely a good thing to to the market.
At the same time, US says that license to sell to Huawei will be out to business very shortly.
All these were good news to the trade deal. Although no clear sign on a clear deal, but it looks like 1st phase deal is going to happen.
We are positive with the market, and are going to long.
Our pick for 4th Nov 2019
- OKE, long
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Till next week,