TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Tech lifts Hong Kong stocks to three-month high.
- Traders see profits evaporate in minutes as Trump convulses bets.
- Stocks up before jobs as Amazon hit in late hours.
MarketWatch:
- Amazon’s outlook underwhelms as tech giant forecasts ‘Lumpy’ cloud growth in years ahead.
- Alphabet is showing the downside of being an AI stock.
yahoo! finance:
- Amazon stock falls as outlook disappoints.
- Jobs report expected to send ‘comforting signal’ on economy.
- Amazon, echoing Microsoft, says it can’t keep up with demand.
- Wall Street’s confidence in Musk is suddenly rising.
- Oil set for third straight weekly drop on tariff fears.
Futures stall as Amazon disappoints and the jobs report looms.
Global Indexes
S&P 500
The S&P 500 is nearing top resistance with a hammer candle.
![](https://algomodel.co.za/wp-content/uploads/2025/02/sp2025-02-07-5-31-00-AM.gif)
DAX
The DAX is steaming with a breakaway gap.
![](https://algomodel.co.za/wp-content/uploads/2025/02/dax2025-02-07-5-33-11-AM-1024x385.gif)
HANG SENG
The HANG SENG hesitated only one day before resuming its positive trend.
![](https://algomodel.co.za/wp-content/uploads/2025/02/hs2025-02-07-5-36-31-AM-1024x383.gif)
NYSE & NASDAQ Stocks
Philip Morris International Inc
PM forecast better-than- expected profit growth for 2025, breaking top resistance with a breakaway gap.
![](https://algomodel.co.za/wp-content/uploads/2025/02/pm2025-02-07-5-46-23-AM-1024x735.gif)
Eli Lilly and Co
LLY broke its 200 DMA resistance to rally towards its $1040 target.
![](https://algomodel.co.za/wp-content/uploads/2025/02/LLY2025-02-07-5-42-43-AM-1024x735.gif)
JSE Stocks
JSE All Shares
The JSE All Shares is following global markets higher, nearing top resistance.
![](https://algomodel.co.za/wp-content/uploads/2025/02/jse2025-02-07-5-51-23-AM-1024x735.gif)
Spar Group Ltd
we showed SPP yesterday breaking out. It broke its 50 DMA to be in all positive territory again.
![](https://algomodel.co.za/wp-content/uploads/2025/02/spp2025-02-07-5-52-44-AM-1024x735.gif)
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.