TAGS: Stock market analysis made easy.
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News in Brief
Bloomberg:
- European stocks advance with elections in focus.
- Markets on alert for Biden exit as Trump-win trades mount.
MarketWatch:
- Tesla’s stock is on a huge run. One bear is not buying the ‘euphoria.’
yahoo! finance:
- June jobs report to show ‘cooling but not cool’ trend.
- Oil prices on track for fourth straight week of gains.
- Boeing faces new peril if it pleads guilty.
The US markets were closed yesterday. Euro stocks continued their positive trend.
Global Indexes
S&P 500
The S&P 500 was closed yesterday.
DAX
The DAX broke its 50 DMA to close against our negative trend line.
HANG SENG
The HANG SENG is struggling to stay above its EMA8 line and currently trading below it again.
NYSE & NASDAQ Stocks
The US markets were closed yesterday.
Tesla Inc
Tesla is still dominating the markets with another gap. Frontrunner shows that its high has not been reached while Cathie Wood is selling.
NVIDIA Corporation
After some profit taking NVIDIA lifted its head in oversold territory with a P1 Power Signal and a MACD changing color.
JSE Stocks
JSE All Shares
The JSE All Shares is now touching the February 2023 high of 814. It will most probably follow the Euro and US markets later today.
Barloworld Ltd
Barloworld is making another attempt at resistance with a MACD that 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.
