TAGS: Tools to analyze stocks
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News in Brief
Bloomberg:
- Bed Bath & Beyond fallout makes a billion for short sellers while retail traders lose big.
- JD.com is worts China bet as reopening play fades.
- China stocks post biggest two-day drop this year on geopolitics, growth woes.
MarketWatch:
- Stocks are trading oddly well into this earnings season, but that could pose a near-term risk to equities, warns Morgan Stanley’s Wilson.
- Fox’s stock slides 4% on news Tucker Carlson is leaving the network.
- Moody’s revises macro-outlook on US banks to ‘strong+’ from ‘very strong’ as credit strength ebbs.
yahoo! finance:
- Stocks end mixed as earnings loom from tech heavyweights.
- Tesla investors are worried Elon Musk enjoys operating ‘above the law’.
Markets are frustrating right now without any clear direction and May month approaching.
Global Indexes
S&P 500
The S&P 500 has now made 3 uncertain candles next to each other without any clear direction. Notice resistance above and support below. If May month prediction is true again …. the break will be down?
DAX
The DAX is just as uncertain and closed with a doji.
HANG SENG
The HANG SENG chose its path downwards and is extending its negative trend.
NYSE & NASDAQ Stocks
Apple Inc
Uncertainty for Apple too. 6 small body candles in 7 days confirms the uncertainty.
Bank of America Corp
Uncertainty for Bank of America too after the breakaway gap. Two hammer candles and 3 doji’s!
JSE Stocks
JSE All Shares
After the JSE All Shares broke its positive trend lines it is also hesitating with a small body candle.
Nineteen One Plc
Nineteen One used its 200-day moving averages as support and gained 3.9% to close on its 50-day moving average resistance above.
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.
