TAGS: Tools to analyze stocks
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News in Brief
Bloomberg:
- Asia stocks rise as China mulls new rescue package.
- China selloff leads to record $38 trillion gap with US stocks.
- Stocks rise as Wall Street builds on record highs.
MarketWatch:
- Expect US stocks to tack on another 5% before the next pullback, veteran Wall Street strategist.
- Dow closes above 38,000 for first time and S&P 500 scores back-to-back records.
- Tencent’s riot games to cut around 530 jobs, or 11% of its workforce.
- Tech leads stock market’s January rally by wide margin.
yahoo! finance:
- Nvidia’s rivals are circling.
- Economic uncertainty clouds Fed’s March outlook: Strategist.
The JSE was the only market following the Hang Seng lower while other global markets followed the US.
Global Indexes
S&P 500
The S&P 500 closed at a new historic high with a doji.
DAX
The DAX also lifted its head with a cautious uncertain doji.
HANG SENG
The rescue package gave the HANG SENG a big bounce today, still below its EMA8 line.
NYSE & NASDAQ Stocks
C3 Ai Inc
One of the tech rivals AI bounced off strong support with a gap. Notice that that Frontrunner’s negative trend is broken.
Exxon Mobil Corporation
Exxon Mobil made 4 turning candles next to each other in oversold territory.
JSE Stocks
JSE All Shares
The JSE All Shares was the only index that followed China lower.
Pick n Pay Stores Ltd
Pick n Pay is lifting its head and busy breaking its 50 DMA. Is the new CEO making a difference?
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.
