TAGS: What are the best investments in South Africa
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News in Brief
Bloomberg:
- Hong Kong shares extend rally, Yen climbs further
- US stocks start 2023 lower; Treasuries advance
MarketWatch:
- ‘Recession is what everyone is betting on’: 2023’s first trading day fizzles
- Almost 80% of Americans think the U.S. will experience great economic difficulty in 2023
The year started positive for the JSE, but after opening positive, the US ended negative for the day.
Global Indexes
S&P 500
Although the S&P 500 closed negative, it did manage to close above the platform it is busy building.
DAX
The DAX made a positive breakaway gap for a bounce on its 50-day moving average.
HANG SENG
The HANG SENG is extending its positive move and currently trading above all resistance averages.
NYSE & NASDAQ Stocks
Tesla Inc
We warned about Tesla yesterday and that was the share that dropped the most listed on the S&P 500 for the opening day.
Paypal Holdings Inc
In contrast Paypal Holdings started its 2023 trading year with a breakaway gap.
JSE Stocks
JSE All Shares
The JSE All Shares started its new year trading with a bounce on strong support.
Naspers Ltd
The strongest bounce on the JSE came from Naspers.
Algomodel Strategies, 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.
