News in Brief Bloomberg: For all their worries, investors are oiling into US stocks Putin gets inexpected pushback from ally over war in Ukraine China’s stock rally is becoming a lifeline for Asian portfolios MarketWatch: The next bull market is just months away and could take the S&P 500 to 6000: A BofA history lesson […]
Mixed Uncertain Finish for U.S. Stocks Read More »
News in Brief Bloomberg: Fed hikes 75 basis points; Powell says 75 or 50 likely in July Wall Street’s latest bear market may be here to stay for a while MarketWatch: ‘The economy is going to collapse’, says Wall Street veteran Novogratz. ‘We are going to go into a really fast recession.’ Musk’s Twitter staff
Fed Aggressively Raises Rates Read More »
News in Brief Bloomberg: US Futures rise, stocks steady before Fed decision MarketWatch: Financial markets are ‘fragile’ ahead of Fed’s decision as some traders and strategists see risk of an instant recession China’s economic activity improved in May as pandemic curbs eased I believe that the next major move will come after the Fed’s decision.
Waiting for Fed’s Decision Read More »
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
Bear Market is Confirmed Read More »
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
Lesson 6: Trend Lines Read More »
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
“SUPERBUBBLE” finally popped Read More »
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
Lesson 5: Trend Candles Read More »
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.
S&P 500 broke Flag Downwards Read More »
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
S&P 500 managed to stay inside Flag Read More »
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
Flag Break will give new Direction Read More »