Gaps Everywhere as Indexes Surge

TAGS: How to analyse shares and stocks

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News in Brief

Bloomberg:

  • Stocks rally as AI craze sweeps across world markets.
  • Nvidia tops meta record with $277 billion surge in value.
  • Stocks rally powers on after Nvidia hits ‘Home Run’.
  • Japan shares open new chapter as Nikkei reclaims its 1989 peak.

MarketWatch:

  • Nvidia makes Wall Street history as stock surge adds $277 billion in market cap.
  • Nvidia earnings spark records across chip sector, and AMS’s stock pops.
  • After Nvidia’s latest blowout, there are 20 AI stocks expected to rise as much as 44%.
  • Nvidia earnings send stock rocketing as company cheers AI ‘tipping point’.

yahoo! finance:

  • Nvidia ignites record-setting rally.
  • Nvidia’s eye-watering numbers show how far it’s come.
  • Nvidia surges after high-stakes earnings triumph.
  • Analysts revamp Nvidia price targets as stock tests $2 trillion.

Unbelievable how one shares earnings can cause gaps on about every market. Target for Nvidia was last at $800. This will definitely be adjusted to much higher.

Global Indexes

S&P 500

Nvidia ignited the S&P 500 with a gap to close at a new high.

DAX

Similar for the DAX.

HANG SENG

The HANG SENG is continuing its current positive trend but remains the worst performer in the world.

NYSE & NASDAQ Stocks

NVIDIA Corporation

In one move NVIDIA is near its previous target of $800. It made a 16.4% gain gap.

Advanced Micro Devices Inc

AMD was the next best gainer to close just below its previous high with a gap and 10.7% gain.

JSE Stocks

JSE All Shares

The JSE All Shares also followed global markets to close just above its 50 DMA.

Impala Platinum Holdings Ltd

Platinum shares were ignited with the global moves and Impala Platinum bounced off a very low support with a 5.9% gain.

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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