TAGS: Tools to analyse stocks
Free Subscription: Subscription is necessary to receive an email when market reviews are posted.
News in Brief
Bloomberg:
- Stocks, Bonds rally as Dollar retreats after Fed.
- S&P 500 tops 4,700 as dovish Fed signs sink yields.
- Xi disappoints investors by skipping signal for big stimulus.
MarketWatch:
- Dow scores highest close in history.
- Adobe had a bang-up 2023, but a tepid 20124 revenue forecast is dinging the stock.
- Tesla to recall more than 2 million vehicles over concerns about Autopilot and drivers’ attention.
yahoo! finance:
- Fed holds rates steady, signal cuts in 2024.
- Dow hits new record as stocks cheer Fed.
- Asia stocks joins global rally as stocks, bonds up on Fed.
Christmas rally continues on global markets.
Global Indexes
S&P 500
The S&P 500 continues its positive trend with two positive shave head candles next to each other.
DAX
The DAX took a breather in its rally, waiting for the Fed.
HANG SENG
The HANG SENG made a breakaway gap today and is currently trading on its EMA8 line.
NYSE & NASDAQ Stocks
Bank of America
Bank of America smashed its short-term resistance to continue its positive trend.
Deere Company
Deere launched off the platform it was building to break its negative trend and 50 DMA lines. Notice the P2 power signal.
JSE Stocks
JSE All Shares
The JSE All Shares stalled with a long-legged doji in oversold territory.
Barloworld Ltd
Barloworld stalled with a piercing candle and a P1 power signal.
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.
