TAGS: How to analyse shares and stocks
Free Subscription: Subscription is necessary to receive an email when market reviews are posted.
News in Brief
Bloomberg:
- Asia stocks muted, Kiwi drops on inflation outlook.
- Stock rally stalls at start of data-packed week.
MarketWatch:
- EBay’s stock is on the upswing after strong results and guidance, dividend hike.
- beyond Meat’s stock sizzles nearly 75% higher on growing margins.
- First Solar predicts a better year ahead as solar-power company’s stock gains.
- UnitedHealth’s stock falls after report of antitrust investigation.
- Apple reportedly ends its longtime plans to build a self-driving EV.
yahoo! finance:
- Bitcoin is within striking distance of an all-time high.
- Stocks mixed as Wall Street awaits inflation data.
- Apple cancels EV project, will move staff to AI.
Stocks are mixed as Wall Street awaits inflation data.
Global Indexes
S&P 500
The S&P 500 made an uncertain doji in anticipation of the latest inflation data.
DAX
The DAX steamed ahead.
HANG SENG
Its EMA8 line is still acting as support for the HANG SENG as it edges higher.
NYSE & NASDAQ Stocks
UnitedHealth Group Inc
UNH broke down due to an antitrust investigation. Its 50 DMA is broken, and it will soon test its 200 DMA.
C3 Ai Inc
AI remains in the news and the share AI is about to test its 200 DMA (orange) again.
JSE Stocks
JSE All Shares
After bouncing down from its negative trend line the JSE All Shares continued its downward trend.
Sasol Ltd
After correcting nearly 50% Sasol bounced on its R141 level, again with a P2 Power Signal. It broke its negative trend line with this bounce. Because of very poor results, we will only get excited once it manages to break its 50 DMA (dark blue) above.
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.
