TAGS: Technical Analysis Software
Free Subscription: Subscription is necessary to receive an email when market reviews are posted.
News in Brief
Bloomberg:
- Stocks get hit as economic jitters spur bonds rally.
- BofA strategist Hartnett warns S&P 500 rally draws investor skepticism.
- US-China decoupling fears drive slide in Chinese tech shares.
- Buffett’s bet sparks surge in Japan trading house shares.
MarketWatch:
- The ‘vibes’ on Wall Street are starting to sour.
- Earnings estimates are flattening. Strategist says stop buying stocks.
- Home Depot’s stock falls as consumers are still cautious on large remodels.
- Bitcoin drops under $90,000 hitting November lows.
yahoo! finance:
- Tesla sales tank 45% in Europe amid Musk blowback.
- Super Micro rallies after meeting Nasdaq deadline to avoid delisting.
- Markets worries about tariffs may be a ‘red herring’.
- Tesla to acquire parts of insolvent German parts maker Manz.
Europe’s top AI plays extend slide, Microsoft data centre worries persist. Nvidia is staring down a number of challenges ahead of earnings.
Global Indexes
S&P 500
The S&P 500 closed just above its long-term trend line during its downwards spiral.
DAX
The DAX is very uncertain about is next move with a hammer and inverted hammer candles next to each other.
HANG SENG
The HANG SENG made an intra-day dip bounce on its EMA8 line. It is continuing the bounce today.
NYSE & NASDAQ Stocks
Home Depot Inc
HD bounced on its long-term support after its recent correction caused by large remodeling. It also gave a P2 Power Signal.
Chipotle Mexican Grill Inc
CMG stalled its correction with an engulfing bull candle and a P1 Power Signal. Analysts target of $66 is way above.
JSE Stocks
JSE All Shares
The JSE All Shares is also uncertain with a high wave candle.
Woolworths Holdings Ltd
WHL broke its negative trend line with a 3.3% gain.
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.
