TAGS: Technical analysis software
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News in Brief
Bloomberg:
- Wall Street braces for jobs jolt as stocks churn.
- Wall Street on hold after treasury-fueled selloff.
- Trump fuels European stocks swings in sign of things to come.
MarketWatch:
- Dow gains 100 points, Nasdaq book back-to-back loss.
- Tired market timers are just what stocks need to rally again.
- Exxon Mobil warns that lower oil prices and tighter refining margins will weigh on earnings.
- Trump’s Day 1: Incoming president looks set to act on tariffs, crypto, energy and immigration.
yahoo! finance:
- Fed officials fretted about Trump trade, immigration policies.
- Los Angeles fires to top $50 billion in damage, AccuWeather says.
- US weekly jobless claims unexpectedly fall.
- Top Fed official still sees 2025 rate cuts despite Trump tariff talk.
- Wind stocks take beating after Trump calls turbines ‘garbage’.
- Trump suggests Denmark tariff. This could hit Novo Nordisk.
Nvidia’s rug pull doesn’t faze stock bulls. Trump is already causing a lot of volatility on markets with inauguration day around the corner.
Global Indexes
S&P 500
The S&P 500 bounced on support with a hammer candle, still closing below important resistances.
DAX
The DAX joined the uncertain markets with a long-legged doji against top resistance.
HANG SENG
The HANG SENG is trying to lift its head at its 19000 support.
NYSE & NASDAQ Stocks
The Coca-Cola Co
KO dipped way below all analysts’ calculations and is now showing signs of support in oversold territory. The average target of analysts is $75.
JPMorgan Chase Co
JPM reflects the uncertainty on markets with two high wave candles next to each other.
JSE Stocks
JSE All Shares
The JSE All Shares took the correction path and broke its 840 support.
Sappi Ltd
Sappi made a breakaway gap downwards to drop 6.1%, the biggest of all shares on the JSE.
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.
