The phase one trade agreement was mostly in line with expectations



  • Summary:

     

    Commenting on today’s trading in which the trade agreement with China was the most notable item, Gorilla Trades strategist Ken Berman said:

    Cimberley / Pixabay

    The Nasdaq struggled to stay in the green for the second day in a row, despite leading the way higher in recent months, but the tech benchmark’s slight dip still doesn’t qualify even as a pullback. Traders had plenty of catalysts to digest today, from the trade deal to the promised tax cuts, and while stocks ended with only minuscule gains, the tech sector’s relative weakness might be the first sign of a looming correction.

    Get the entire 10-part series on Warren Buffett in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues

    Q4 2019 hedge fund letters, conferences and more

    The major indic ...

     

     

    Read Full News: https://www.valuewalk.com/2020/01/china-trade-agreement/


Log in to reply