TAGS: How do you analyze stocks for beginners
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News in Brief
Bloomberg:
- Snap’s stock investors risk more pain on advertising woes
- Hang Seng index jumps to 11-month high boosted by holiday data
MarketWatch:
- Opinion: ‘Don’t just sit there, do something.’ The stock market is telling you to make some hard decisions with your money now
- S&P 500 rallies to close at nearly 2-month high, Nasdaq advances 1.8% as investors digest GDP report, earnings
- Bed Nath & Beyond defaulted on its loans
Many shares are making high speculation volatility candles before its results as investors are unsure what to expect. Overall, the market is still trending positively.
Global Indexes
S&P 500
The S&P 500 has now closed 4 days above its negative trend line and must be seen as a true break.
DAX
The DAX made another uncertain doji, but it still manages to close above its EMA8 Line.
HANG SENG
After the gap of yesterday, the HANG SENG is taking a breather today.
NYSE & NASDAQ Stocks
Tesla Inc
Tesla made another gap to break its 50-day moving average. Notice that the breakaway gap occurred where trend candles turned green.
Nucor Corporation
Nucor was added to our favorite list last year because of its good track record. It again did not disappoint, but do notice the volatile candle before results announcement.
JSE Stocks
JSE All Shares
The JSE All Shares is still edging higher with a frontrunner on the verge of breaking up.
Kumba Iron Ore Ltd
Kumba Iron Ore made a strong bounce that turned its Trend Factor positive.
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.
