TAGS: Software for stock market analysis
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News in Brief
Bloomberg:
- Warren Buffett raises stake in five Japanese trading houses.
- Global stocks slip on worry rally looks exhausted.
- Equities fall as China loan-rate cuts underwhelm.
MarketWatch:
- ‘Summer doldrums’ in stocks put to the test as doubts linger on more Fed rate hikes.
- Home builders turn bullish for the first time in nearly a year amid strong housing demand.
- Intel to build new factory in Germany, following similar plans for Poland, Israel, report say.
- International stocks are breaking out as Japan’s Nikkei 225 reaches 33-year high.
yahoo! finance:
- Dow Jones futures fall: AMD, Boeing lead stocks to watch.
Global markets are correcting out of the overbought situation they are in.
Global Indexes
S&P 500
The S&P 500 was closed yesterday leaving its chart unchanged.
DAX
The DAX corrected down from top resistance in overbought territory.
HANG SENG
The HANG SENG is also correcting in overbought territory and currently trading on its EMA8 and 50-day moving average.
NYSE & NASDAQ Stocks
These Markets were closed
JSE Stocks
JSE All Shares
The JSE All Shares also stalled with global markets in overbought territory.
Sasol Ltd
Similarly, Sasol stalled against resistance in overbought territory.
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.
