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Market Review – August 2019
Welcome to our August 2019 Market Review! Our Chief Options Specialist, Jason Ayres, provides a summary of the market and explains why Learn-to-Trade.com has taken a defensive stance:
Here’s what happened in August:
- Stocks continued to climb in July, which were driven by the expectation of a more accommodative monetary policy and a investor fear of missing out.
- Stocks lost momentum, however, and finished where they started due to a lack of progress in trade war negotiations, the interest rate reduction priced in, and the looming interest rate announcement.
- In Canada, stocks chopped about, healthcare and energy stocks lagged, and the tech and consumer sector outperformed.
- In the U.S., stocks performed better than in Canada, but healthcare and energy stocks lagged, and the information technology sector outperformed.
George KarpouzisGeorge Karpouzis is the co-founder of Learn-to-Trade and has been personally providing education and mentoring to over 3000 members since 1999. George has been trading in the stocks, options, futures and forex markets using technical analysis since 1986. With the help of advancements in trading technology the Learn To Trade program is now accessible worldwide. His background and passion for teaching brings an invaluable asset to our members. George is constantly striving to improve the program content and develop new strategic relationships for the benefit of the members.
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