Tech Rally

TAGS: Technical Analysis Software

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News in Brief

Bloomberg:

  • Asian stocks rise ahead of Chinese tech earnings.
  • Bearish stock investors left to chase rally, BofA poll shows.

MarketWatch:

  • Wall Street’s fear gauge just dropped with striking speed.
  • ‘Magnificent Seven’ blows past a major threshold – but more marks must be crossed before tech is really back.

yahoo! finance:

  • Dow, S&P 500, Nasdaq hold steady as trade war worries ease.
  • Nvidia is the tech winner of the US-China tariff truce.
  • Sony sees profits flat this year.

Nvidia powers tech rally with the US-China tariff truce.

Global Indexes

S&P 500

The S&P 500 is steaming ahead above its 200 DMA in positive territory.

DAX

The DAX remains hesitant just above its previous top resistance.

HANG SENG

The HANG SENG took a breather and is positive today.

NYSE & NASDAQ Stocks

NVIDIA Corporation

NVDA crossed its 200 DMA with another gap to be back in all positive territory.

Meta Platforms Inc

META is on its heels also with a gap.

JSE Stocks

JSE All Shares

The JSE All Shares also moved positively and closed on its top resistance.

Sasol Ltd

After touching its 50 DMA resistance SOL retreated to close below it.

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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