Stock Market News: Stock Market Review, Sept 23rd, 2019

Stock Market News: Stock Market Review, Sept 23rd, 2019

Fed cut-rate, China cancelled farm visit

Last week, things continues to improve until the news where China cancelled a visit to the farm.

Market turn to sell-off mode in the late Friday session.

Take note that Fed cut rate, another 25basis point.

Last week pick updates

Our Pick for 16th Sept 2019

  1. TNET, long (high-risk pick)

YETI, is a small win.  Currently, it is not as strong as expected, time to get out.

 

Market Updates

This week, it will be a quiet data week.

Nothing much is expected from data releases.

On a technical perspective, we foresee a quick pullback, and that would mean a buying opportunity.

It is a short comment today, going long, with cautious.

For lower risk-taker, stay away.

Our pick for 23rd September 2019

  1. VEEV, long

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

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