TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- India’s $5.4 trillion stock market is slowly losing its edge in Asia.
- Musk fumes as Trump tax bill cuts electric vehicles credits.
- S&P 500 hits record high after $19 trillion rally.
MarketWatch:
- US stock futures rise after S&P 500’s latest record high.
- AI could wipe out entire Wall Street teams.
- Trump’s latest trade threat looms over Wall Street as investors celebrate stock market’s return to record territory.
- Wells Fargo clears another regulatory hurdle as banks pass Fed’s stress tests.
- Nike’s stock is headed for a ‘swoosh’-shaped recovery after years of pain, analyst says.
yahoo! finance:
- Trump tax bill hits Senate with GOP torn by competing demands.
- Trump ends trade talks with Canada, threatens to set tariff.
- Trump says he wants rates cut to 1%, would ‘love’ if Powell resigned.
- Nvidia eyes $4T valuation: 4 catalysts moving the stock.
- Trump says he won’t appoint anyone to Fed who doesn’t back rate cuts.
Is Trump a genius? Top economist and tariff skeptic admits president may have outsmarted us all on the economy.
Week ahead: Crucial jobs report meets stock market as all-time high.
Global Indexes
S&P 500
The S&P 500 closed at a new high.
DAX
The DAX is within reach of its high.
HANG SENG
The HANG SENG is hesitating close to its resistance.
NYSE & NASDAQ Stocks
Nike Inc
NKE made a large breakaway gap to close above its 200 DMA.
Amazon.com Inc
AMZN broke resistance with 48 analysts giving it a strong buy.
JSE Stocks
JSE All Shares
The JSE All Shares is still uncertain about direction with a hammer candle.
Sasol Ltd
SOL has corrected back to its 50 DMA and is very uncertain with 2 high wave candles next to each other.
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.
