TAGS: Software for stock analysis
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News in Brief
Bloomberg:
- Asian stocks rally as tech earnings power gains.
- Dip buyers wade back in to fuel Wall Street gains.
- Stocks, bonds reclaim solid ground after CPI miss.
- China stocks in Hong Kong slide as markets reopens from holiday.
MarketWatch:
- Nvidia becomes third-largest US company as it passes Google parent Alphabet.
- Opinion: Cisco could be a late bloomer in generating big AI revenue.
- Tuesday’s market meltdown was an ‘overreaction.’ The rally can continue, says influential bull.
- Ukranian military says it sank a Russian landing ship in the Black Sea.
- Kraft Heinz tops profit views but misses on sales, as volume fell more than prices were raised.
yahoo! finance:
- Stocks rebound after CPI-led rout.
- Japan loses its spot as world’s third-largest economy.
- Lyft shares go on wild ride after ‘clerical error’.
- Robinhood stock jumps on surprise Q4 profit.
Nvidia report on earnings on Feb. 21 and expectations are that it will report a revenue of $20.2 billion. More analysts are unveiling new stock price targets for Nvidia, ahead of earnings.
Global Indexes
S&P 500
The S&P 500 is still showing signs of strength as it closed above its EMA8 line.
DAX
Similar for the DAX.
HANG SENG
The HANG SENG was trading on its EMA8 line in early trading.
NYSE & NASDAQ Stocks
Uber Technologies Inc
Earnings growth of 36.9% and revenue growth of 15.8% gave Uber a 14.7% lift to break top resistance.
Advanced Micro Devices Inc
AMD broke its flag to the top and analysts are recalculating new target prices.
JSE Stocks
JSE All Shares
The JSE All Shares closed with a turning hammer candle. A positive move today will confirm the turn.
Sasol Ltd
Sasol also made a hammer turning candle to close on its negative trend line. Will we see a break this time round?
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.
