Volatility Swings

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News in Brief

Bloomberg:

  • Asian equities fall as Samsung, SK Hynix weigh.
  • Stocks climb as traders await ECB, Apple results.

MarketWatch:

  • Opinion: Apple pulled off a major feat that offset its big China miss on iPhones.
  • Visa gives rosy guidance as spending growth improves.
  • A fourth quarter GDP slowdown is not the same as the economy getting weaker.
  • Jobless claims drop sharply.
  • US trade deficit in goods hit record high just before Trump took office. It won’t be easy to reduce it.

yahoo! finance:

  • Trump confirms plan to impose 25% tariffs on Canada, Mexico.
  • Stocks rise as investors digest Big Tech earnings.
  • Stocks waver has investors focus on earnings.
  • Trump’s on-and -off tariff threats may hurt capital spending.

The number of Americans filing for jobless benefits fell, giving a sign that the labor market remains strong in the US.

Global Indexes

S&P 500

The volatility swings continue in the US leaving the S&P 500 with an indecision high wave candle.

DAX

The DAX continues its positive trend. No indecision here.

HANG SENG

The HANG SENG was closed.

NYSE & NASDAQ Stocks

Visa Inc

VISA started its positive rally way before the results report (insider information?)

Microsoft Corporation

The market did not like the earnings miss of MSFT and hammered its share price.

JSE Stocks

JSE All Shares

The JSE All Shares is following the positive route of global markets.

Kumba Iron Ore Ltd

KIO is extending its positive rout. Notice the long-legged doji 2 days earlier warning of something to come.

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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