TAGS: Tools to analyze stocks
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News in Brief
Bloomberg:
- Wall Street churns with Fed-Hike anxiety brewing.
- Asian stocks fluctuate, US equity futures decline.
MarketWatch:
- Stock market could ‘take it hard’ as expectations grow for a 6% fed funds rate.
- Tesla’s ‘weaponized capacity’ is priced in, analysts say.
yahoo! finance:
- Elon Musk apologizes to laid-off Twitter employee who was Icelands’s person of the year in 2022.
Markets are dominated by the Fed-Hike anxiety with uncertainty on most charts.
Global Indexes
S&P 500
The S&P 500 made an uncertain doji just below its 50-day moving average. The new direction remains uncertain.
DAX
The DAX also remains in uncertain territory just below top resistance.
HANG SENG
Similar for the HANG SENG trading above its 200-day moving average, but below its EMA8 line.
NYSE & NASDAQ Stocks
Advanced Micro Devices Inc
Advance Micro Devices corrected back to its 200-day moving average before taking the path North again. Notice the green Trend Factor.
NVIDIA Corporation
Sorry for showing the same shares over and over, but they are the top performers. NVIDIA and AMD were amongst the top 4 performers on the S&P 500. Notice the dark green Trend Factor of 97.8.
JSE Stocks
JSE All Shares
As expected, the JSE All Shares had a negative day with the negative trend still in place.
Glencore PLC
Glencore is nearing strong support at the R102 level which coincides its 200-day moving average.
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.
