TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Asian stocks rise on trade-deal hope, Fed cut bets.
- Stock bulls drive S&P 500 to brink of record high.
- Wall Street pitches Sci-Fi ETFs for Robots, UFOs, Quantum bets.
MarketWatch:
- The Fed’s moves on interest rates aren’t just about Trump’s pick for chair.
- Nike’s outlook wakes up its stock. But execs still see a long road to full recovery.
- Chip stocks are reclaiming market leadership. Analysts are optimistic.
- JPMorgan has a new way of forecasting the stock market.
yahoo! finance:
- Trump gets closer to naming his pick to replace Powell.
- Markets bets on a more dovish Fed as Trump eyes Powell’s replacement.
- Donald Trump says US-China trade truce has been ‘signed’.
- Nvidia rises after climb to record as analyst sees AI ‘golden wave’.
Tech stocks are partying and rising like it’s 1999. Oil prices can explode worldwide as Iran’s parliament has voted to close the Strait of Hormuz in response to the US attack … no action yet.
Global Indexes
S&P 500
The S&P 500 is touching top resistance with positive futures.
DAX
The DAX is still trending on its EMA8 line.
HANG SENG
The HANG SENG took a breather with a doji and is moving positive today.
NYSE & NASDAQ Stocks
Meta Platforms Inc
META is now also approaching top resistance.
Amazon.com Inc
AMZN is touching strong resistance again. This resistance line has been touched 18 times – the more touches the stronger it gets. Will we see a break this time round – we think so with analysts target at $269.
JSE Stocks
JSE All Shares
The JSE All Shares is following the positive move of global markets.
Platinum-$
We are showing the weekly chart of Platinum that closed at $1410 with a new high. This is driving platinum shares to strong gains.
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.
