Jobs Run-Up Anxiety

TAGS: Technical analysis software

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News in Brief

Bloomberg:

  • Asian shares fall ahead of jobs data; Won slips.
  • Stock rally stalls as anxiety brews in jobs run-up.

MarketWatch:

  • Wall Street isn’t worried about a stock-market crash.
  • Dow finished below 45,000 threshold as stocks pause record-setting rally.
  • Oil prices flat after OPEC+ again delays phase-out of production cuts.
  • Opinion: Yes, stocks are pricey and too popular – but overbought does not mean ‘sell’.

yahoo! finance:

  • All-important jobs report looms, with rebound expected.
  • Dow leads stock losses with jobs report on deck.
  • Trump keeps baiting the Fed – but Powell’s not biting.
  • US weekly jobless claims surprise with small rise.

Investors will closely track today’s job report for clues regarding the Fed’s next interest rate decision.

Global Indexes

S&P 500

The S&P 500 stalled ahead of the jobs report.

DAX

The DAX continued its rally.

HANG SENG

The HANG SENG bounced on its EMA8 line to make another attempt to break its negative trend line.

NYSE & NASDAQ Stocks

UnitedHealth Group Inc

After UNH CEO was shot, the share price took a dive. Notice that we had level3 divergence in place.

Tesla Inc

TSLA broke top resistance to continue its rally.

JSE Stocks

JSE All Shares

The JSE All Shares continued its positive trend.

Standard Bank Group Ltd

After its abc correction SBK made a P1 Power Signal 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.

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