Rate-cut Outlook Clouds

TAGS: Technical Analysis Software

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News in Brief

Bloomberg:

  • Bonds extend losses as Powell says no rush to cut.
  • Tesla unwind gives options traders a way to hedge market selloff.

MarketWatch:

  • Forget CPI: Market indicator says inflation may stay above 2% for years.
  • Worried Trump’s aluminum tariffs will raise prices on canned drinks?

yahoo! finance:

  • Wall Street braces for inflation report as rate-cut outlook clouds.
  • Dow, S&P 500, Nasdaq futures stall as key inflation report looms.
  • Coca-Cola’s fundamentals have never been in ‘this good of shape’.
  • What if Trump’s tariff ‘bite’ is as bad as ‘his bark’?

US markets stalled in anticipation of inflation data.

Global Indexes

S&P 500

The S&P 500 was unchanged in anticipation of inflation data.

DAX

The DAX continued its positive trend after its 2 days breather.

HANG SENG

The HANG SENG took a breather.

NYSE & NASDAQ Stocks

The Coca-Cola Co

KO was the highlight of the day with its breakaway gap.

Home Depot Inc

HD had a new positive update with a new target price of $441.

JSE Stocks

JSE All Shares

The JSE All Shares stalled at its strong top resistance.

Satrix 40 Portfolio

The STX40 also stalled against its top resistance.

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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