TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Trump’s praise of pen spurs 60% rally in Korean stationary stock.
- Stocks fall late as Nvidia results fail to inspire.
MarketWatch:
- Nvidia’s earnings didn’t wow Wall Street.
- Nvidia’s upstart Chinese rival Cambricon just showed 4,000% growth – but don’t get too excited.
- Nvidia is the primary laggard as the Dow industrials run up a triple-digit gain.
yahoo! finance:
- Nvidia CEO Huang: ‘American tech stack should be the world standard’.
- Nvidia data center sales miss eclipses earnings beat.
- Stocks shrugged off Trump’s boldest move yet.
- Massive India tariff kicks in, EU eyes Trump demand.
Stocks wobbled in countdown to Nvidia. Trump hits India with 50% tariff for buying Russian oil.
Global Indexes
S&P 500
The S&P 500 closed on top resistance.
DAX
The DAX closed on its 50 DMA support.
HANG SENG
The HANG SENG corrected to its long-term trend line.
NYSE & NASDAQ Stocks
salesforce.com Inc
CRM is trying to win back its correction with all major resistances above.
Microsoft Corporation
MSFT corrected to its 50 DMA support in oversold territory.
JSE Stocks
JSE All Shares
The JSE All Shares corrected with Frontrunner divergence not confirming the previous high.
Woolworths Holdings Ltd
We showed the J-curve of WHL previously, but the final breakout came yesterday. Patience is need for formations to complete!
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.
