TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- BofA survey shows biggest-ever drop in US stock allocations.
- Stocks hit by tech rout on eve of Fed decision day.
MarketWatch:
- Investors are on edge about potential changes to the Fed’s balance-sheet plan.
- Wall Street’s No.2 bull holds his ground. The logic? Trump’s popularity could get worse.
- Bank of America says fund managers suffered a ‘bull crash.’
- Tesla’s stock gets its lowest price target from a bull. It still implies 30% upside.
yahoo! finance:
- Wall Street braces for Fed’s next move on interest rates.
- Dismissing bad economic vibes as ‘fake’ has real consequences.
- Meta’s slide pushes all ‘Magnificent 7’ stocks into the red in 2025.
- Google’s $32 billion deal for Wiz accelerated under Trump.
Nvidia unveiled its Blackwell Ultra AI chip for ‘age of AI reasoning’ at GTC.
Global Indexes
S&P 500
The S&P 500 closed below its EMA8 line to stay in negative territory.
DAX
The DAX gained to touch top resistance.
HANG SENG
The HANG SENG passed top resistance with a breakaway gap.
NYSE & NASDAQ Stocks
Chevron Corporation
CVX was the best gainer moving towards its top resistance.
Tesla Inc
TSLA remains one of the biggest losers on the S&P 500.
JSE Stocks
JSE All Shares
The JSE All Shares concluded its day with an inverted hammer candle against top resistance.
Northam Platinum Holdings
We showed NPH yesterday forming a J-curve on its 200 DMA. It needs to break its R131 resistance to conclude this formation.
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.
