Derek Bester

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 […]

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

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

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

TAGS: Technical analysis software Bloomberg: MarketWatch: Reopening of China is a welcome relieve for the Hang Seng while recession fears are dominant on US markets. Global Indexes S&P 500 The S&P 500 closed with a small body candle that signals uncertainty. DAX The DAX also closed with an uncertain long-legged doji on its EMA8 line.

TAGS: Share value analysis Bloomberg: MarketWatch: After the Fed rate hikes, we had a selloff on the US markets. Global Indexes S&P 500 The S&P 500 plunged below its 50-day moving average and the EMA8 line after Fed announcement. We are back in all negative territory. DAX The DAX also started correcting after the last

TAGS: What are the best investments in South Africa Bloomberg: MarketWatch: What the Fed say can keep the stock-market rally alive – or kill it. Global Indexes S&P 500 The 3900 level is a big hurdle for the S&P 500 in anticipation for the Fed. The index did remain above its 50-day moving average and

TAGS: How to calculate a market share Bloomberg: Dovish FOMC would see some traders scrambling to catch up, survey shows Stocks trim big October rally as bond yields climb MarketWatch: Dow clinches best October ever despite drop in stocks as fed meeting looms Verizon, Microsoft stocks are index’s sole monthly losers as the Dow notches

TAGS: Technical analysis Bloomberg: Amazon selloff sets up retreat below $1 trillion market value China stocks in worst ever post-congress rout as gloom persists MarketWatch: Dow surges more than 800 points to score longest weekly win streak since November 2021 Dow is having a killer month as it heads for best October ever ‘Shock and

TAGS: Technical analysis gold Bloomberg: Nvidia leads chip stocks higher on Meta’s planned tech binge Saudi wealth fund said to ready billions in domestic stock sales MarketWatch: Elon Musk completes Twitter purchase, fires CEO and other top execs: reports Elon Musk on the hook to pay more than $200 million to 3 fired Twitter execs