TAGS: Stock market analysis made easy.
Free Subscription: Subscription is necessary to receive an email when market reviews are posted.
News in Brief
Bloomberg:
- Japan leads Asian stocks higher, China PMI holds.
- Stocks bulls look to earnings with Fed in a corner.
- BYD shares face earnings test as China’s EV price war heats up.
MarketWatch:
- The latest evidence Nvidia’s stock is a ‘no brainer,’ according to analyst.
- AMD’s AI story has lost some shine. Can earnings brighten the picture?
- Boeing scores $10 billion bond financing in ‘much-needed’ liquidity boost.
- Tesla makes big progress in China and its stock soars 15%.
- The Fed waiting to cut rates has its risks: Morgan Stanley .
yahoo! finance:
- Tesla wins ‘watershed’ full self-driving approval in China.
- Samsung reports 10-fold rise in profit, says AI to drive demand.
- Stocks edge higher to start big week.
- Fed meeting and tech earnings to dominate this week.
All eyes on Fed meeting and the most jam-packed earnings week for the quarter that lies ahead. Buckle UP!
Global Indexes
S&P 500
The S&P 500 closed with an uncertain doji touching its 50 DMA ahead of a jam-packed earnings week.
DAX
The DAX also closed with an uncertain small body candle.
HANG SENG
The HANG SENG is also making a small body candle with a P1 Power Signal in overbought territory.
NYSE & NASDAQ Stocks
Tesla Inc
The success of Tesla in China gave it another gap that can be seen as a continuation gap. The first breakaway gap came after two P1 Power Signals at $145.
Apple Inc
Apple made a breakaway gap to close with a long-legged doji on its 50 DMA.
JSE Stocks
JSE All Shares
The JSE All Shares broke its long-term negative trend line with a 1.4% gain.
Anglo American Platinum Ltd
Anglo American Platinum bounced off its R602 strong support after the P1 Power Signal in oversold territory. Notice that its MACD changed colour.
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.
