US Stock Trade Malaysia – Stock Market Review I Oct 15th, 2018 I

US Stock Trade Malaysia – Stock Market Review I Oct 15th, 2018 I

Market entered into a correction.

Last week, market was literally “crashed”.
Market entered into correction territory, it was a broad market sell-off.
Last week pick updates
Our Pick for 08 Oct 2018
1. XYL, short

In XYL case, it is a win. XYL dropped significantly following the broad market sell-off.

Market Updates

Market is now at high volatility zone. Friday market action is pointing to a mixed direction.
It is now high risk, and it is not advisable to open a new position.
It is now a market for the higher risk taker, lower risk taker stays away.

Our pick for 15 Oct 2018
1. No Pick

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Till next week,

Happy trading

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