TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- S&P 500 rises as Fed-cut bets sink treasury yields.
- Smart money loses to Retail Crowd that bet on stock rebound.
MarketWatch:
- Friday’s options expiration could send the stock-market rally skidding to a halt.
- Warren Buffett’s Berkshire Hathaway dumps Citigroup stake, trims Bank of America and Capital One.
- Trump isn’t happy with nhow Apple plans to escape China tariffs.
yahoo! finance:
- Walmart says price hikes are coming.
- US stock futures trade flat as investors gauge remaining tariffs.
- Walmart’s tariff warning spells trouble for other retailers.
- Japan’s economy shrinks more than expected as US tariff hit looms.
Rising costs for consumers are coming following President Trump’s tariffs.
Global Indexes
S&P 500
The S&P 500 edged higher in overbought territory.
DAX
The DAX is still hanging around just above its previous top resistance, touching its EMA8 line.
HANG SENG
The HANG SENG is also not sure of current direction.
NYSE & NASDAQ Stocks
Deere Company
DE reached top resistance with an uncertain long-legged high wave candle in overbought territory.
Bank of America
BAC also stalled with a high wave candle in overbought territory.
JSE Stocks
JSE All Shares
The JSE All Shares is still struggling at top resistance, this time with a hammer candle and a P2 Power Signal.
Sasol Ltd
Then SOL did not have enough steam to break resistances and made a breakaway gap down.
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.
