TAGS: Technical analysis software
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News in Brief
Bloomberg:
- Dollar weakens, Asian stocks steady before US CPI.
- Stocks fall as traders map out game plans for CPI.
MarketWatch:
- Traders are pretty sure of a Fed rate cut. What happens if inflation data is too hot?
- Dow ends lower for 4th straight day as stocks pause ahead of CPI report.
yahoo! finance:
- Wall Street braces for key inflation data.
- Stocks slide as all eyes turn to CPI report.
- Tesla sells 21,900 EVs in China in first week of Dec, the highest in Q4.
This will be the Fed’s final interest rate decision for the year and November’s CPI report may have the final say.
Global Indexes
S&P 500
The S&P 500 slipped more in anticipation of the latest CPI data.
DAX
Similar for the DAX.
HANG SENG
The HANG SENG slipped back to its 50 DMA resistance.
NYSE & NASDAQ Stocks
Alphabet Inc
While most tech shares corrected, GOOG made a breakaway gap chasing its target of $210.
Tesla Inc
The sales figures in China is still boosting the positive trend of TESLA.
JSE Stocks
JSE All Shares
As expected, the JSE All Shares stalled with global markets, against top resistance.
Discovery Ltd
DSY stalled against top resistance with divergence in place.
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.
