TAGS: Technical analysis software
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News in Brief
Bloomberg:
- Bets on ‘Trump Put’ send stocks, Bitcoin higher.
- BofA watches tech for signs investors are souring on US stocks.
MarketWatch:
- S&P 500 is on a 12-month tear as tariffs threaten 2025 outlook for US stocks.
- Dow scores record close as US stocks post weekly gains.
- Bitcoin’s rally is making some investors nervous about the stock market.
yahoo! finance:
- Europe is already facing its next energy crisis.
- Nvidia CEO says global cooperation in tech will continue under Trump administration.
- China keeps policy loan rate unchanged for second month.
Nvidia stock sinks on fears of AI spending slowdown.
Global Indexes
S&P 500
The S&P 500 is still trending towards top resistance.
DAX
The DAX made a second hammer candle to close above its 50 DMA.
HANG SENG
The HANG SENG gave up on breaking its EMA8 resistance took the downwards path.
NYSE & NASDAQ Stocks
NVIDIA Corporation
After the indecision high wave candle below top resistance NVIDIA corrected downwards on fears of an AI spending slowdown.
Chipotle Mexican Grill Inc
CMG broke resistance to move into a strong trend category. Notice that 13 analysts give it a buy and 7 a hold. No seller recommendations.
JSE Stocks
JSE All Shares
The JSE All Shares remains uncertain with a long-legged doji on its 50 DMA.
Quilter Plc
QLT is bouncing on its 50 DMA in oversold 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.
