News in Brief Bloomberg: Traders supercharge selloff on bets for supersized Fed hikes Crypto Market sinks below $1 trillion MarketWatch: Morgan Stanley’s Gorman ‘pretty relaxed’ about possible recession, thinks one wouldn’t be long or severe The S&P 500 just confirmed a bear market Global markets closed deep in the red with the Nasdaq correcting the …
As Trend Lines is all about staying with a trend, I must stress again that ‘The Trend is your Friend’. In Algomodel Signals Pro we have 3 indicators to help you stay with a trend: Trend Factor: To be used for selection of shares that have a good trend history. (Lesson 4) Trend Candles: Shows …
News in Brief Bloomberg: US Stocks suffers worst week since January as inflation runs hot TSMC’s $100 billion wipeout fails to faze bullish analysts MarketWatch: ‘Catastrophically bad’ inflation report is boosting chances of a 75-basis-point interest-rate hike BARRON’S Inflation is hot, and stocks are cold. Now the Fed needs to rethink its rosy projections For …
As they say in the classics: ‘The Trend is your Friend’ and I would like to add: ‘and NEVER invest against the Trend!’ I start with this quote as Algomodel Signals Pro is all about trends. The concept of candlestick charting was developed by Munehisa Homma, a Japanese rice trader. During his routine trading, Homma …
News in Brief Bloomberg: S&P 500 slumps more than 2% in late-day selloff MarketWatch: Alibaba shares decline in Hong Kong, extending Wall Street’s selloff Oil-stock trade is ‘too obvious’, says fund manager, who expects a pullback in prices Global Indexes S&P 500 The S&P 500 had a late-day trading selloff and broke its flag downwards. …
News in Brief Bloomberg: Stocks fall as oil’s ascent stokes inflation fears Surge in China tech stocks kindles hopes for sustained rally MarketWatch: Oil prices could go ‘parabolic’, putting global economy in a ‘critical situation’, says Trafigura chief China’s exports rebounded strongly in May as lockdowns lifted We are still getting undelivered mails to gmail.com …
News in Brief Bloomberg: Bitcoin falls back below $30,000 as range-bound trading persists Market Optimists make the case that 2022 will end on high note MarketWatch: Salesforce Inc, Apple Inc share gains lead Dow’s climb Dow up as stocks shake off early weakness We often get undelivered mails where service providers are down due to …
News in Brief Bloomberg: JPMorgan’s Kasman sees no recession as Dimon’s hurricane ebbs. Singapore eyes more listings as China firms hedge political risk MarketWatch: Elon Musk says Twitter has failed to provide requested information on fake accounts and spam Australian consumer confidence sours further as costs, rates rise Yahoo! finance: Consumers have to face the …
S&P 500 still consolidating Sideways below Resistance Read More »
The Trend Factor forms an important integral part of Algomodel Signals Pro to do share selection. The trend factor combines short, medium and long term performance with higher importance towards the shorter term period (3 months). The idea is to get a good selection of shares that outperformed the market in the past and then …
Lesson 4: Using Trend Factor for Share Selections Read More »
News in Brief Bloomberg: Tesla’s stock slide has Korean day traders boosting purchases Hope blooms for China stocks as analysts stop cutting estimates MarketWatch: Elon Musk wants to cut Tesla staff by 10%. What that says about EV demand? Dow’s drop led by losses for shares of Apple & Intel U.S. economy added a greater-than-forecast …