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
- TNET, long (high-risk pick)
YETI, is a small win. Currently, it is not as strong as expected, time to get out.
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
- VEEV, long
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Till next week,