TAGS: Software for stock analysis
Free Subscription: Subscription is necessary to receive an email when market reviews are posted.
News in Brief
Bloomberg:
- Buffett reversal risk pushes Japan firms to diversify investors.
- S&P 500 tops 4,900 as yields fall on treasury news.
- Evergrande heads to liquidation in milestone for property crisis.
MarketWatch:
- Big Tech stocks look ‘exhausted,’ analyst warns.
- BlackRock upgrades US stocks to overweight, says AI-driven rally could broaden in next 6 to 12 months.
- Elon Musk says Neuralink has implanted brain chip into a human for the first time.
- Oil prices rise after drone attack kills US troops, escalating Mideast crisis.
- Chinese developer Evergrande to be liquidated after debt talks fail.
yahoo! finance:
- Investors brace for a busy earnings week.
- S&P 500 hits fresh record to kick off big week.
- Will AMD stock follow Intel’s lead and plummet after earnings?
- Week ahead: Fed meeting, tech earnings and January jobs report.
- United CEO kickstarts Airbus talks amid Boeing delays.
- As more countries build nuclear plants, is there enough uranium?
Evergrande is the sign of a poor China Economy. Brace yourself for a volatile busy earnings week as many of the big tech stocks will report.
Global Indexes
S&P 500
The S&P 500 started the busy week with a positive gain.
DAX
The DAX stalled below its top resistance of 17000.
HANG SENG
All the measures to rescue the HANG SENG did not last long. A breakaway gap downwards made it plummet below its EMA8 line again.
NYSE & NASDAQ Stocks
Tesla Inc
Tesla made a strong bounce. We will have to watch if it will start closing the slow growth forecast exhaustion gap? We are in extreme oversold territory.
Deere Company
After 2 doji’s Deere continued its positive trend that started with a P1 Power Signal. Its lagging MACD now turned green.
JSE Stocks
JSE All Shares
Its 200 DMA acted as resistance for the JSE All Shares. It bounced down to close on its 50 DMA (dark blue). If it follows the US we will see another attempt to break its 200 DMA today.
Platinum (NYMEX)
We want to show the Platinum price today. It turned with a P1 Power Signal, broke its negative trend line and is busy breaking its 50 DMA. Notice that its trend candles also 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.
