TAGS: Technical analysis software
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News in Brief
Bloomberg:
- Asian stocks gain after US core inflation cools.
- Wall Street sees best CPI day since October 2023.
MarketWatch:
- Stocks surge on inflation data. Trump, bond yields hold the key to what’s next.
- Opinion: Enough selling. It’s time for stock-market bulls to charge.
- Earnings powering surge in bank shares after Wall Street stalwarts’ top targets.
- Goldman’s projects full year returns to climb.
yahoo! finance:
- Wall Street rallies after cool CPI.
- Short-selling firm Hindenburg Research is closing up shop.
- TikTok prepares to shut down app in US on Sunday, sources say.
- Key inflation metric comes in cooler than expected.
- JPM leads strong bank earnings with another record profit year.
Stocks soar as inflation cools, bank earnings shine.
Global Indexes
S&P 500
The S&P 500 made a breakaway gap that took the index to close just below its 50 DMA.
DAX
The DAX broke top resistance with its surge.
HANG SENG
The HANG SENG‘s data did not update yet, but it is currently trading at 19458, just below its 50 DMA.
NYSE & NASDAQ Stocks
Tesla Inc
Tesla topped the charts with its 8% gain.
Wells Fargo Co
On its heels was WFC with upbeat earnings. It made a breakaway gap with a MACD that turned green.
JSE Stocks
JSE All Shares
The JSE All Shares joined the US rally with a 1.7% bounce.
Kumba Iron Ore Ltd
KIO has reached strong resistance and shows uncertainty with a long-legged doji.
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.
