TAGS: Technical analysis software
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News in Brief
Bloomberg:
- Dollar weakens, Japanese stocks gain before Fed.
- Stocks Balk at record as Fed bets ‘Up in the air’.
- Stocks rise as retail sales show US is holding up.
- BofA poll says Fed bets lift sentiment for first time since June.
MarketWatch:
- History says Fed interest-rate cut sets ‘crapshoot’ for stock-market investors.
- Bets on wild stock-market swings boom as traders face most uncertain Fed rate decision in recent memory.
- Despite recent volatility, there are 5 reasons to be optimistic about markets, says Duetsche Bank.
yahoo! finance:
- Stocks hold steady as world awaits Fed decision.
- Retail sales top Wall Street estimates in August.
- US manufacturing output rebounds in August.
Stocks hold steady as world awaits decision.
Global Indexes
S&P 500
The S&P 500 made an indecision high wave candle against top resistance in anticipation for the Fed’s decision.
DAX
The DAX also made an indecision high wave candle, still below top resistance.
HANG SENG
The HANG SENG closed will above its 50 DMA.
NYSE & NASDAQ Stocks
Amazon.com Inc
Amazon.com stalled with a long-legged doji in anticipation of the Fed.
Solaredge Technologies Inc
SEDG is still building on its current positive trend and has gained 26.2% for the week from a very low basis.
JSE Stocks
JSE All Shares
The JSE All Shares made a doji sandwich with its strong 1.3% gain.
Northam Platinum Holdings Ltd
NPH is catching up with IMP with its 20% weekly gain wedge formation.
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.
