TAGS: How do you analyze stocks for beginners
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News in Brief
Bloomberg:
- Stock buybacks race to record$132 billion start as companies snub all warnings
MarketWatch:
- Apple earnings show steepest sales decline in more than 6 years
- Google suffered ‘pullback’ in ad spending over holidays, Alphabet stock falls after earnings
- Starbucks stock falls as results – weighed down by China sales – miss estimates
- Many companies try to blame their poor earnings on the US dollar. Don’t believe it
Ignoring current earnings and warnings, the Nasdaq gained 3.25%.
Global Indexes
S&P 500
The S&P 500 made a strong positive move.
DAX
The DAX lifted off its EMA8 line with a 2.2% gain.
HANG SENG
The HANG SENG is busy with a sideways move and currently trading on its EMA8 line.
NYSE & NASDAQ Stocks
Align Technologies Inc
Align Technologies gained a fraction more than Meta Platforms. It made a large gap with its 27.4% gain. Notice that the share is now has a positive Trend Factor
Amazon.com IncNVIDIA Corporation
Amazon also made a gap and managed to close above its 200-day moving average.
JSE Stocks
JSE All Shares
The JSE All Shares remained undecided about direction and traded with an uncertain doji.
Kumba Iron Ore Ltd
Kumba Iron Ore made a bounce and is about to test top resistance.
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.
