October 22, 2019

Stock market review October 22, 2019

What do we see in the market?

Nasdaq 100 🇺🇸

Against the backdrop of a weakening US dollar, the Fed’s decision to buy back American stocks for a very significant amount, as well as agreements on a trade war between Trump and Beijing, the U.S. high-tech sector index shows good growth for the third week in a row.

Having almost come close to the historical maximum, the price is going to once again test it. Each subsequent bounce from the maximum is weaker and weaker than the previous one.

A breakthrough of historical High is not excluded, however, one should be vigilant. The situation can change quickly. The general mood is upward.

Nikkei 225 🇯🇵

The Japanese index follows the dynamics of the USD / JPY currency pair. The overall market sentiment remains bullish.

Perhaps within the framework of the week we will see a small correctional bounce down, but by the end of the week the index will most likely close in the positive zone.

FTSE 100 🇬🇧

UK stock market index trades in low volatility flat.

Companies, of course, due to positive on Brexit receive positive news, while the rising pound attracts investors more than the national shares of the company.

The mood of the market is controversial.