TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Stocks, Bonds rally as dollar dips on tariff delay.
- Stocks rise, Euro strengthens on US-Russia talks.
- Stocks get some relief as data bodes well for PCE.
MarketWatch:
- Stocks are nearing records after Trump’s tariffs seen as ‘more bark than bite’.
- The bull market in stocks can live with higher inflation.
- PPI’s sharp rise in January reflects persistence of US wholesale inflation.
- Deere’s stock slides after profit and sales fall sharply and guidance is for more pain ahead.
- Goldman strategist declares he has sent the last bullish email for this quarter.
yahoo! finance:
- Trump signs plan for reciprocal tariffs.
- Japan says it is communicating with US on reciprocal tariff plan.
- Stocks edge higher after hot PPI, with Trump tariffs looming.
- US weekly jobless claims fall in sign of stable labor market.
- Trump and Putin agree to negotiate end to Ukraine war.
Trump’s like-for-like tariffs could upend US relationships.
Global Indexes
S&P 500
The S&P 500is attacking top resistance and closed above 6100.
DAX
No stopping for the DAX as it advanced with another gap.
HANG SENG
The HANG SENG stalled with profit taking with an inverted hammer.
NYSE & NASDAQ Stocks
Microsoft Corporation
After its correction MSFT made an engulfing bull candle to signal a turn in oversold territory.
NVIDIA Corporation
NVDA is busy closing its open window (gap) and closed above its 50 DMA. Its results are still due.
JSE Stocks
JSE All Shares
The JSE All Shares is very hesitant at top resistance, this time with a long-legged inverted hammer candle.
Prosus NV
After the doji PRX extended its positive trend towards top resistance in extreme overbought territory.
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.
