TAGS: Technical Analysis Software
Free Subscription: Subscription is necessary to receive an email when market reviews are posted.
News in Brief
Bloomberg:
- Trump to hike tariff to 15% ‘Where Appropriate,’ Greer says.
- China warns US it will respond if trade probe spurs new tariffs.
- China’s $112 billion cargo gap shows record US tariff evasion.
- Importers launch tariff refund process after Supreme Court win.
MarketWatch:
- Nvidia’s blowout earnings guidance is met with a shrug.
- Nvidia’s Jensen Huang is the latest tech CEO to cheer the potential of data centers in outer space.
- Dow, S&P 500 and Nasdaq extend rally as Wall Street awaits Nvidia earnings.
yahoo! finance:
- Nvidia calms bubble fears with big earnings, forecast beats.
- US stock futures wobble after Nvidia’s big earnings, forecast beat.
- C3.ai cuts 26% of global staff under new CEO’s restructuring push.
- Huang: ‘Confident’ in cash flow growth for Meta, Microsoft and Amazon.
The AI giant Nvidia saw sales soar above $68 billion last quarter and posted an upbeat forecast.
Global Indexes
S&P 500
The S&P 500 made a breakaway gap to close above its 50 DMA resistance on its way to test top resistance.
DAX
The DAX also lifted its head above its EMA8 line.
HANG SENG
The HANG SENG also lifted its head and is trading this morning above its EMA8 line.
NYSE & NASDAQ Stocks
Microsoft Corporation
MSFT broke its negative trend line trading way below analysts predictions.
NVIDIA Corporation
NVDA broke resistance even before earnings update.
JSE Stocks
JSE All Shares
The JSE All Shares is attacking top resistance and closed on it.
Valterra Platinum Ltd
VAL is also about to test top resistance.
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.
