TAGS: Technical analysis software
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News in Brief
Bloomberg:
- Asian stocks dip as Nvidia results fail to impress.
- Tech weakens in late trading after Nvidia earnings.
MarketWatch:
- Nvidia earnings: Stock dips as guidance beats, but perhaps not by enough.
- Opinion: Veteran tech investor won’t sell Nvidia shares now – regardless of earnings.
- ‘We are at a low here, folks,’ Boeing’s new CEO tells employees. ‘I’m tired of it.’
- Hedge funds are piling into nuclear sector, Goldman Sachs analysis shows.
- Wall Street is lowering expectations for corporate profits in 2025.
yahoo! finance:
- Nvidia beats on earnings as ‘age of AI is in full steam’.
- Nvidia earnings could be sink-or-swim for the bull market.
- Target posts big earnings miss.
- KPMG to spend $100 million on AI partnership with Google Cloud.
- Ford to cut 4,000 jobs in Europe, cites disruptive shift to electric vehicles, economic headwinds.
The long awaited Nvidia earnings is finally here. Earnings topped estimates, but its less lofty forecast failed to impress.
Global Indexes
S&P 500
The S&P 500 closed unchanged on its EMA8 line with an uncertain doji.
DAX
The DAX is still trending lower, slowly moving into oversold territory.
HANG SENG
The HANG SENG remains uncertain about its next trend direction with 5 small body candles next to each other below its EMA8 line resistance.
NYSE & NASDAQ Stocks
NVIDIA Corporation
NVIDIA made a hammer candle before earnings. It did beat earnings but forecast failed to impress.
Halliburton Company
After making a triple bottom HAL started its positive trend and is now attacking its long-term negative trend line.
JSE Stocks
JSE All Shares
The JSE All Shares moved positively to close just below its 50 DMA.
WE BUY CARS Holding Ltd
WBC has no brakes and is in second gear with its trend making new highs regularly.
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.
