TAGS: Technical analysis software
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News in Brief
Bloomberg:
- Asian stocks lose direction as Trump win digested.
- S&P 500 sees best post-election day in its history.
- S&P 500 hits all-time highs as Trump wins election.
MarketWatch:
- ‘Trump trades’ move into overdrive as Dow, dollar and bond yields soar.
- Dow seals largest postelection advance since 1896.
- Trump wins presidency as Republicans take Senate, House hangs in balance.
- China stocks are tumbling, but Trump victory could inspire more stimulus.
yahoo! finance:
- Green energy stocks sink as Trump wins US election.
- Tesla shares pop as Musk’s gamble pays off.
- Oil prices regain ground as investors eye US election fallout.
The trump win is boosting US stocks while the JSE got hammered. It was Tesla and banks that made the best gains.
Global Indexes
S&P 500
The S&P 500 broke top resistance with a breakaway gap after the Trump win.
DAX
In contrast the DAX reacted negatively to close on its 50 DMA.
HANG SENG
The HANG SENG is still evaluating the election results while continuing its sideways trend.
NYSE & NASDAQ Stocks
Tesla Inc
The post-election winner was TESLA. It broke resistance with a gap to gain 14.8%.
Goldman Sachs Group
On its heals was GS with a breakaway gap that broke top resistance.
JSE Stocks
JSE All Shares
The JSE All Shares responded negative to a Trump win and closed just above its 50 DMA support.
British American Tobacco PLC
BTI had a positive day and closed on a resistance trend line.
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.
