TAGS: Technical analysis software
Free Subscription: Subscription is necessary to receive an email when market reviews are posted.
News in Brief
Bloomberg:
- Dollar rallies, stocks drop on Trump tariff threat.
MarketWatch:
- Dow, S&P 500 close at record highs after Fed minutes, as investors shake off Trump’s tariff talk.
- Trump’s return should favor growth stocks.
- There’s more room for risk assets to rally – focus on policy, not politics, HSBC says.
- Opinion: Trump’s new choices will breathe new life into stocks – if they don’t smother them.
yahoo! finance:
- ‘Trump doesn’t see allies, only adversaries’.
- Wall Street still hasn’t got a handle on Trump.
- Abercrombie & Fitch raises sales forecast on strong holiday demand.
While markets still do not have a handle on Trump, we will have lots of volatility on markets.
Global Indexes
S&P 500
After the uncertain high wave candle the S&P 500 inched past top resistance.
DAX
The DAX made an uncertain doji on support.
HANG SENG
The HANG SENG is also inching higher with divergence in place, still below resistances.
NYSE & NASDAQ Stocks
Eli Lilly and Co
LLY is one of the shares that has been given a strong buy as one of the growth stocks under a Trump administration. We have 17 buy recommendations with an average $1040 target. Notice the divergence at the turn.
Amazon.com Inc
45 Analysts are giving AMZN a strong buy. We have a P1 Power signal and a MACD that changed colour in oversold territory.
JSE Stocks
JSE All Shares
The JSE All Shares bounced on its long-term trend line with a piercing candle.
Spar Group Ltd
SPP made an engulfing bull against top resistance. Frontrunner is predicting new highs.
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.
