Meta Blowout Earnings

TAGS: Technical Analysis Software

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News in Brief

Bloomberg:

  • Stocks, futures rise as China mulls trade talks.
  • S&P 500 gains for eighth day after earnings.

MarketWatch:

  • Apple’s stock is getting dumped despite solid earnings.
  • Meta’s blowout earnings show why investors shouldn’t sweat a boost to AI spending.
  • Microsoft’s stock soars as earnings show

yahoo! finance:

  • Apple warns of $900 million tariff hit.
  • Amazon sinks as key forecast spooks investors.
  • China says it’s evaluating US talks after weeks of stalemate.

Trump’s ‘Golden Age’ is off to ugly start as his popularity fades. We had a rally on tech earnings.

Global Indexes

S&P 500

The S&P 500 edged higher on tech earnings.

DAX

The DAX was closed yesterday.

HANG SENG

The HANG SENG was also closed.

NYSE & NASDAQ Stocks

Meta Platforms Inc

META made a gap up with solid earnings but hesitated with a stalled candle on its two major resistances.

Microsoft Corporation

MSFT stole the limelight with its 7.6% gap. It also had a stalled candle on its negative long-term trend line. It is however back in all positive territory above the major average resistance lines.

JSE Stocks

JSE All Shares

The JSE All Shares is extending its rally above top resistance.

Anglo American PLC

AGL is hesitating at its two major resistances, its 50 & 200 DMA’s, with an inverted hammer candle in 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.

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