TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- S&P 500 posts longest winning run since January.
- Johnson & Johnson’s rare AAA rating no longer at risk, S&P says.
MarketWatch:
- US stock futures fall ahead of big week for tech earnings.
- Google earnings were ‘pristine.’ But does that actually matter for Alphabet’s stock?
- Intel’s turnaround deemed a ‘herculean task’ – so analysts say to avoid the stock.
yahoo! finance:
- April jobs report and Big Tech earnings on tap for the week ahead.
- Meta, Microsoft, Amazon and Apple report results this week.
- Tesla sees 18% gain as DoT unveils new self-driving car rules.
- US officials adopt ‘organized’ framework to handle trade talks.
- Musk’s xAI Holdings is reportedly raising the second-largest private funding round ever.
Trump is in a political crisis as Republicans abandon their leader. There is a plunge in shipping traffic from China due to tariffs.
Global Indexes
S&P 500
The S&P 500 is busy with a W formation. If it plays out it should reach its 200 DMA.
DAX
The DAX closed with an uncertain candle on its 50 DMA major resistance.
HANG SENG
The HANG SENG also closed with an uncertain high wave candle.
NYSE & NASDAQ Stocks
NVIDIA Corporation
NVDA is also busy, in the early stage, with a W formation.
Walt Disney Co
DIS broke its negative trend line and is far below all analysts’ estimates.
JSE Stocks
JSE All Shares
The JSE All Shares is still above its top resistance, but with an inverted hammer candle. It is only considered as a true break if it can close 4 days above the resistance.
WE BUY CARS Ltd
WBC broke its 50 DMA to be back in all positive 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.
