Markets awaits Inflation data & Earnings

TAGS: How to analyze shares and stocks

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News in Brief

Bloomberg:

  • Japan stocks rally as Asia Mixed.
  • Stocks struggle after tech-led bounce; oil climbs.

MarketWatch:

  • Dow snaps three-day winning streak as market awaits inflation data, earnings.
  • Hewlett Packard Enterprises to buy Juniper Networks in $14 billion deal.

yahoo! finance:

  • Boeing’s efforts to unground jets hits snag with FAA.
  • Stocks split as Nasdaq reverses early losses.
  • Disney is the streaming pick for 2024, not Netflix: Analyst.

Hardly any movements on indexes as markets await data.

Global Indexes

S&P 500

The S&P 500 did close above its EMA8 line in anticipation of data.

DAX

Similar for the DAX.

HANG SENG

The HANG SENG is making an uncertain high wave candle on its 16000 support, still below all resistances.

NYSE & NASDAQ Stocks

Mastercard Inc

Mastercard is actually not correcting but rather moving sideways, also in anticipation of data.

NVIDIA Corporation

NVIDIA extended its positive move with a 1.7% gain. Frontrunner is predicting more highs to come.

JSE Stocks

JSE All Shares

The JSE All Shares extended its negative move to close on its 50 DMA.

Bid Corporation Ltd

Bid Corporation is very uncertain on its 200 DMA with 3 turning candles next to each other.

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.

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