TAGS: Software for stock analysis Bloomberg: MarketWatch: The Fed was the major cause of the latest correction, but indications are that it only lasted 2 days with Asia markets and US futures positive. Global Indexes S&P 500 The S&P 500 closed with a candle sitting on its EMA8 line with a bounce on the line. […]
Profit Taking Stalled Read More »
TAGS: Software for stock analysis Bloomberg: MarketWatch: The hesitant move of the previous day turned into profit taking as hopes of a Fed pause diminished. We were in very overbought territory and some correction was to be expected. Global Indexes S&P 500 The profit taking has not turned into a major selloff for the S&P
Profit Taking as Fed Pause Diminish Read More »
TAGS: Market South Africa Bloomberg: MarketWatch: More: After the one-day stall, the US markets continued their rally hesitantly with no confirmation of a turn. Global Indexes S&P 500 The S&P 500 is edging closer to its last hurdle, its 200-day moving average and long-term negative trend line. Notice that it has a positive Trend Factor
Rally Continues on Global Markets Hesitantly Read More »
TAGS: How to analyse shares and stocks Bloomberg: MarketWatch: Although the rally stalled in the US yesterday, the Asia markets are all strong today. The futures are currently positive. Global Indexes S&P 500 The S&P 500 stalled at current level as profit taking stepped in at overbought territory. DAX The DAX is also showing signs
Fed Signal Stalls Rally Read More »
TAGS: Tools to analyse stocks Bloomberg: MarketWatch: yahoo! finance: Google Finance: Although we still have a lot of volatility on markets quite a few of the global markets have broken long-term resistances to the top. There are lots of breakaway gaps in all markets. Global Indexes S&P 500 The S&P 500 is well above its
Global Markets Continue Positive Moves Read More »
TAGS: Trading software best Bloomberg: MarketWatch: Election quickly forgotten as Markets rally with cooling inflation. When markets are so oversold one gets massive gains when bears want to close their positions, but there are no sellers left in the market! Global Indexes S&P 500 The S&P 500 broke its 50-day moving average and EMA8 lines
Investors Cheer Cooling Inflation Read More »
TAGS: South Africa market analysis Bloomberg: MarketWatch: The midterm election did not give a market boost as was expected. Global Indexes S&P 500 The S&P 500 closed below its 50-day moving average and EMA8 line to be back in all negative territory. DAX The DAX is also hesitating on its 200-day moving average with a
$1 Trillion Market Value Loss for Amazon Read More »
TAGS: Software for stock market analysis Bloomberg: MarketWatch: Although the US closed positive, it closed with hesitant candles as Midterms results roll in. Global Indexes S&P 500 The S&P 500 closed with a long-legged small body candle in anticipation of midterms results. It is still touching its 50-day moving average and has not broken away
Midterms Results Roll In Read More »
TAGS: Technical analysis Nasdaq Bloomberg: MarketWatch: China is hesitating today as there is no certainty yet that they are about to end Covid Zero, while the rest of global markets are continuing their rallies. Global Indexes S&P 500 At the previous attempt of the S&P 500 to break its 50-day moving average it could not
Midterms set to Fuel Rally? Read More »
TAGS: How to analyze shares Bloomberg: MarketWatch: yahoo! finance: Google Finance: More: There is speculation that a U.S. stock-market rally is coming soon. We ignore speculation and follow what the indicators are showing for each share. Global Indexes S&P 500 Although the S&P 500 bounced positively, it did not manage to break its 50-day moving
Rebound on Global Markets Read More »