TAGS: Tools to analyse stocks
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News in Brief
Bloomberg:
- Stock bulls cheer Wall Street’s disinflation trade.
- World-Beating Pepsi Bottler may keep rallying after gaining almost 1,000%.
MarketWatch:
- Opinion: As s&P500 hits 2023 highs, it’s all systems go for stock market bulls.
- Oil prices end at highest since April, bolstered by weaker US dollar, production cuts.
- JPMorgan, Citi and Wells earnings to unleash borrowing blitz by banks.
- Fed’s Waller, unimpressed by inflation data, calls for two more rate hikes this year.
yahoo! finance:
- Alphabet stock jumps after Google rolls out new Bard feature.
- Stocks continue rally amid more signs of waning inflation.
- Russia’s economy dealt a crushing blow as its current-account surplus collapses by 93%.
The bulls are in command while all global markets are moving positively.
Global Indexes
S&P 500
The S&P 500 continues its rally.
DAX
The DAX is now above its 50-day moving average moving towards top resistance..
HANG SENG
Even the HANG SENG is now above all resistances in all positive territory.
NYSE & NASDAQ Stocks
PepsiCo Inc
PepsiCo is recommended by a found as a good long-term investment. It just took off with a long-legged candle to break its 50-day moving average.
Alphabet Inc
We showed the breakaway gap of Alphabet yesterday. It then blasted past its negative trend line with a 4.4% gain.
JSE Stocks
JSE All Shares
The JSE All Shares is following global markets and broke its 50-day moving average to be in all positive territory again.
Impala Platinum Holdings Ltd
Impala Platinum turned with divergence. Trend candles and its MACD has turned green.
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.
