Optimism Thin

TAGS: Technical Analysis Software

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News in Brief

Bloomberg:

  • Asian stocks cautious ahead of Japan bond auction.
  • Investors’ newfound love of Europe dominates SuperReturn.
  • Treasuries rally as weak data reinforce Fed wagers.

MarketWatch:

  • The S&P 500 eyes a return to 6,000.
  • Costco’s monthly sales growth continues to ease.
  • Apple’s stock has been in a slump. Analysts don’t see an easy way out.
  • It is time to invest in the real taco trade? Mexican restaurants now outsell pizza places.

yahoo! finance:

  • Musk keeps hammering Trump tax bill.
  • US stock futures slip as Wall Street’s optimism on trade wears thin.
  • Starbucks reshuffles leadership to accelerate turnaround bid.

While the US futures are slipping the Hang Seng is accelerating.

Global Indexes

S&P 500

The S&P 500 closed with an uncertain small body candle with uncertain futures.

DAX

The DAX closed with an uncertain doji.

HANG SENG

The HANG SENG is continuing its positive move.

NYSE & NASDAQ Stocks

Chipotle Mexican Grill Inc

CMG launched from support after sales outperforms pizza places.

Meta Platforms Inc

META is outperforming its opposition on its way to its target of $764.

JSE Stocks

JSE All Shares

After some profit taking the JSE All Shares resumed its positive trend.

Spar Group Ltd

After two doji’s in oversold territory SPP launched past its 50 DMA.

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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