TAGS: Technical analysis software
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News in Brief
Bloomberg:
- Asian stocks mirror US advance; Yen strengthens.
- Stocks hit record as Powell bullish on US economy.
- Tech stocks lead gains in US futures before Powell.
MarketWatch:
- 20 Big US stocks are expected to rank as ‘cash machines’ in 2025.
- UnitedHealth exec Brian Thompson shot and killed in ‘targeted’ attack.
- Wall Street expects the stock rally to keep ripping through New Years’s Eve.
- GM sounds a warning on troubled China market, becoming latest carmaker to do so.
- ADP jobs report says 146,000 workers hired in November. US labor market in stable condition.
- Germany’s car-sector layoffs could fill skill shortages in mid-cap firms, Duetsche Bank CEO says.
yahoo! finance:
- Stocks hit records across the board as Powell cheers US economy.
- Salesforce’s Benioff: Yes, we are making money on digital agents.
- GM to take over $5B hit on China operations.
- Salesforce jumps as latest AI tools set to accelerate demand.
Wall Street is betting on a strong economy in 2025.
Global Indexes
S&P 500
The S&P 500 made a strong move as Powell cheers US economy.
DAX
After breaking its top resistance the DAX is also moving strong.
HANG SENG
The HANG SENG remains the global lagging index.
NYSE & NASDAQ Stocks
salesforce.com Inc
CRM broke top resistance with a strong breakaway gap, passing the average target of analysts.
Chipotle Mexican Grill Inc
CMG also made a strong breakaway gap.
JSE Stocks
JSE All Shares
The JSE All Shares also bounced on its 50 DMA to follow global markets higher.
Spar Group Ltd
SPP is in second gear with its positive trend after breaking resistance.
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.