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hello guys today is December 13 and 2019 and here's what's going on in the markets today I post daily videos before market opens was my overview of the market news predictions and stocks I'm interested in watching your trading today these videos are not directed biased to buy or sell these are my opinions only take them as ideas to consider it please subscribe to my channel and hit the bell to be notified as soon as new videos are uploaded obviously a trade deal yesterday about 9:30 5:00 in the morning president Truong tweeted that we're on a verge of the very big deal and immediately almost immediately although almost all non China related stocks were sold off such as builders and stocks that has nothing to do with China trade though were selling of the whole day and all China related stocks special technology stocks or flying yesterday after that tweet later that day the report was confirmed that the phase 1 deal was pretty much signed about to be signed and agreed in principle this morning futures are up again and everybody is expecting details of that deal because one thing to say that there is a deal but the devil is in details and Chinese were very quiet about the deal that were expecting to have the conference about the deal at 10:30 in the morning so we'll be watching carefully today the tariffs supposed to be it's supposed to go into effect on Sunday so we will be expecting more trade talks and how the tariffs will be affected from US officials as well so several stocks I'm watching today pretty much all the technology will benefit from the trade deal because of the intellectual property rights so stocks like mu and Vidya WDC they will all benefit from this a special Nvidia that is about to acquire an Israeli company that's Chinese were opposed to okay so first up I'm looking at is Broadcom symbols AVG Oh Broadcom reported good numbers and R is up pre market the chart looks really well it looks really good and I will be looking to trade this honest on the side mu mu also as you can see the charger looks really good benefit from the from the trade deal but it's up pre market a lot don't grab it right away let it come down a little bit welcome to you and video obviously V is also up a lot the chart looks great also don't grab it at once let it come to you and then you know waitomo side I'm also looking at Costco Costco reported it and okay number they were arguing that were short days shorten days in November and that's why there were a penny short of the estimates the were down free market but I don't think Oscars going anywhere might be able to pick up some also the couple of companies as I mentioned yesterday that will benefit also is a co-op the chart looks really good I think of hoes undervalued and go could go higher also visa these are a little benefit from the Chinese exposure a lot and it's my most favorite financial start to play the Chinese market because as you know the China is opening Chinese financial markets for the US companies and visa is one of those companies that will benefit tremendously from this move yesterday like I mentioned the the home builders were sold off and having hard time but to believe that they will be beaten down again but they might be but I would take on pickups on some of the Toll Brothers and Lennar that's it that's the wrap for the day and I'll see you tomorrow
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