Global Update for 15 May 2020

Global Stock Indices

Book partial profit in the long position of indices (S&P500, DOW, NASDAQ) at higher levels today. Avoid going short. Monday can be weak for the equity market. We are long in TESLA, FACEBOOK, BEYOND MEAT, BLACK ROCK, AMD, AMAZON and NETFLIX. We covered our short position of S&P500 at 2760 and went long.

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