Election Hurdle

TAGS: Technical analysis software

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News in Brief

Bloomberg:

  • Stocks, Dollar and Yields rise on early Trump lead.
  • Tech pushes stocks higher with vote in full swing.
  • Wall Street is counting on stocks to rally after election hurdle.

MarketWatch:

  • Dow futures rise as investors see early Trump advantage.
  • Big Tech stocks rally, as tech now drives S&P 500 more than on election day 2016.
  • Opinion: Super Micro still offers no clear answer to investors.

yahoo! finance:

  • Trump Media reports $19m Q3 loss with stock in focus.
  • Dollar rises to highest since July as Trump takes early lead.

Tech took the markets in the US higher with voting in the US now behind us.

Global Indexes

S&P 500

The S&P 500 bounced on its 50 DMA with a Poer Signal to close above its EMA8 line.

DAX

Similar for the DAX except for closing just below its EMA8 line.

HANG SENG

The HANG SENG is still battling to break its sideways trend. After a bullish day it fell back to its small body candle just above its EMA8 line.

NYSE & NASDAQ Stocks

NVIDIA Corporation

NVDA is advancing again towards top resistance with a MACD that changed colour in oversold territory.

Amazon.com Inc

The breather of AMZN did not last long as it is making another attempt at top resistance.

JSE Stocks

JSE All Shares

The JSE All Shares is also following global markets higher.

Anglo American Platinum Ltd

After the doji on its 200 DMA AMS bounced to start forming a J-curve.

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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