TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Alibaba leads Asian stocks higher after earnings.
- Asian stocks set for gains, Yen passes key level.
- Stocks fall on Walmart’s warning as big banks sink.
- Morgan Stanley drops bearish China stocks call, lifts target 22%.
MarketWatch:
- Apple’s ‘budget-friendly’ iPhone 16e has one big drawback.
- Dow and Nasdaq slide, S&P 500 retreats from record highs as Walmart earnings disappoint.
- Mass firing of federal workers by Trump White house not showing up in jobless claims. Yet.
yahoo! finance:
- CEOs haven’t been this upbeat about the economy in 3 years.
- Dow, S&P 500, Nasdaq futures hug flatline after Walmart sparks slide.
- The market’s all rime high come with a load of anxiety.
- Retail trader euphoria is a warning for stock bulls: MS
The US slip as Trump policy unsettles markets.
Global Indexes
S&P 500
The S&P 500 made an unconfirmed hammer candle, still closing above support.
DAX
The correction of the DAX closed on its EMA8 support.
HANG SENG
The HANG SENG made an uncertain high wave candle, but is moving positively today after Morgan Stanley’s lift.
NYSE & NASDAQ Stocks
Wal-Mart Stores Inc
After poor results WMT made a breakaway gap downwards. Notice the P2 Power signal warning ahead of the results.
JPMorgan Chase Co
JPM made the largest correction of the banks with its 4.5% drop. Notice the P2 Power Signal warnings for this share.
JSE Stocks
JSE All Shares
The JSE All Shares is still holding its position, mainly following the Hang Seng. The Hang Seng is +2.72% positive this morning.
Kumba Iron Ore Ltd
KIO closed on its 200 DMA resistance with its latest rally. Let’s see if it can break it today.
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.
