TAGS: Tools to analyze stocks
Bloomberg:
- BofA says cash is king as investors pessimism hits 2008-era high
- S&P 500 history points to a sharp bounce after Fed meeting
MarketWatch:
- Growling Powell causes Goldman to cut its S&P 500 price target. Again.
- The S&P 500 is oversold, but dangerous
- Boeing to pay $200 million to settle charges it misled investors following 737 Max crashes, SEC says
- Dow averts bear market, but slide to 2022 low
- Netflix chief accounting officer gives up $2.4 million position after just 4 months on the job
yahoo! finance:
- Goldman Sachs cuts 2022 target for S&P 500 by 16%
- Credit card interest rates poised to hit record high
Google Finance:
- Gordhan withheld crucial documents on SAA sale, says unhappy bidder
- Billionaire Johann Rupert’s Remgro to sell stake in TotalEnergies
Bears are in full control of markets with new lows every day for stocks. Last index support levels are threatened.
Global Indexes
S&P 500
The S&P 500 is just above the 3640 level before it enters free fall territory.
NASDAQ
The NASDAQ is also nearing last support level.
DAX
The DAX closed below support.
HANG SENG
Although the HANG SENG is positive today, it is still below all resistances in all negative territory.
NYSE & NASDAQ Stocks
Devon Energy Corp
Devon Energy made a gap down heading towards bottom support. Notice that all indicators are heading down.
Berkshire Hathaway B Inc
Berkshire Hathaway reached its support with all the indicators still heading down.
JSE Stocks
JSE All Shares
The JSE All Shares is following global markets lower, and support is broken with a 2.8% drop for the day.
Glencore PLC
Glencore made a gigantic engulfing bear candle with all indicators heading down.
Algomodel Startegies, Education & Features
Click on Education or go to the home page to view education posts.
Frontrunner, Gaps, Trend and Cyclic Indicators are explained in these education posts.
All stock graphs are shown with a Trend Candles Template which is a feature available in Algomodel Signals Pro.
