TAGS: Technical analysis software
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News in Brief
Bloomberg:
- Stocks eke out gains before US CPI, dollar steady.
- Wall Street traders hold their breath before CPI.
MarketWatch:
- Stock investors brace for the ‘most important inflation reading in recent memory’.
- SEC lawsuit against Elon Musk is a big political test for Trump administration.
- Supreme Court looks set to uphold TikTok ban. US users are fleeing to another Chinese app as ‘refugees’.
yahoo! finance:
- All eyes turn to CPI report as inflation stalls above Fed target.
- Meta employees react to plans to cut low performers.
- Chip industry groups slam expected rules in private letter to Biden.
Banks earnings and CPI data are on the cards for today.
Global Indexes
S&P 500
The S&P 500 made an uncertain hammer candle closing just below its EMA8 line.
DAX
The DAX also made an uncertain doji against its negative trend line.
HANG SENG
The HANG SENG is still trading in negative territory, on its EMA8 line.
NYSE & NASDAQ Stocks
Mastercard Inc
MA bounced in oversold territory on important support.
Caterpillar Inc
CAT extended its bounce with a breakaway gap.
JSE Stocks
JSE All Shares
The JSE All Shares joined the uncertain indexes with a long-legged inverted hammer candle.
Kumba Iron Ore Ltd
KIO broke its 50 DMA to extend its rally.
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.
