TAGS: Technical analysis software
Free Subscription: Subscription is necessary to receive an email when market reviews are posted.
News in Brief
Bloomberg:
- Asian stocks rise with US curbs on China in focus.
- Treasury rally stalls at start of data-packed week.
- Slumping Australia Energy stocks eye rebound as projects ramp up.
MarketWatch:
- Fed’s Waller says he supports interest-rate cut at next meeting – for now.
- Intel ousts CEO Gelsinger with stock down 61% during his tenure.
- Nvidia and other chip stocks are mostly shrugging off latest China rules.
- China’s 10-year bond falls below 2% for the first time.
yahoo! finance:
- Trump’s pick to run FCC is an ominous sign for big Tech.
- Jobs report to test stock rally’s staying power: Week ahead.
Latest polls shows that voters did not understand the impact of Trump’s policies. Well, they will have to live with it now.
Global Indexes
S&P 500
The S&P 500 is slowly lifting its head extending its positive trend.
DAX
The DAX smashed top resistance with one strong positive move.
HANG SENG
The HANG SENG is extending its sideways move around its EMA8 line.
NYSE & NASDAQ Stocks
Taiwan Semiconductor Mfg Co Ltd
TSM turned with a hammer candle and now made a breakaway gap. 21 Analysts gives it a buy with a target of $239.
Meta Platforms Inc
META is made a strong move to attack top resistance again. Top resistance has been touched 4 times with an average target of $655 by analysts.
JSE Stocks
JSE All Shares
The JSE All Shares made a strong move after its abc correction to close just below its 50 DMA.
Naspers Ltd
NPN broke the flag it was forming with a strong move to the top.
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.
