TAGS: Software for stock market analysis
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News in Brief
Bloomberg:
- US stocks mixed as tech giants hold onto gains.
- BYD stock gain lags behind Tesla’s 127% gain jump amid China EV race.
MarketWatch:
- Wall Street warmed to US stocks in June, BofA data shows, but many analysts remain bearish.
- Meta’s answer to Twitter called threads – is reportedly coming Thursday.
- Twitter moving TweetDeck behind paywall, for verified users only.
yahoo! finance:
- Stocks fall after China data, with Fed minutes ahead.
- Morgan Stanley cuts oil price forecasts, sees surplus next year.
China data caused their stocks to fall ahead of FED minutes.
Global Indexes
S&P 500
The S&P 500 is cautious before the FED minutes with two small body candles next to each other.
DAX
The DAX remains uncertain with a doji that closed below support.
HANG SENG
Poor data caused the HANG SENG to make a breakaway gap downwards. It is back in all negative territory.
NYSE & NASDAQ Stocks
Alphabet Inc
After the abc correction Alphabet is busy breaking its negative trend line.
AbbVie Inc
After making a double bottom with a green MACD, AbbVie started forming its W formation.
JSE Stocks
JSE All Shares
The JSE All Shares remained uncertain and managed not to close at the low of the day.
Barloworld Ltd
Barloworld is close to testing its sideways channel strong support line. It is still in all negative 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.
