TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Stocks erase early losses on tech, bonds steady.
- S&P 500 wipes out rally as September Fed bets wane.
MarketWatch:
- S&P 500 stumbles after hitting intraday high.
- Nvidia teases a win for its China business, and big money could be on the line.
yahoo! finance:
- The Fed is set to ‘remain on the sidelines’.
- Nvidia set to soar on restart of China AI chip sales.
- Broadcom launches new Tomahawk Ultra chip in Nvidia battle.
- Traders stick to bets on September rate cut after inflation report.
Humiliated Trump has realised Putin’s game – but he’s scared to hurt him. Trump had a ‘breakup’ with Putin and was slammed as President as ‘He was outsmarted at every turn’.
Global Indexes
S&P 500
The S&P 500 reversed early gains to close on its EMA8 line.
DAX
Similar for the DAX.
HANG SENG
The HANG SENG made a strong move towards resistance.
NYSE & NASDAQ Stocks
Alibaba Group Holdings Ltd
BABA made a breakaway gap with its 8.1% gain.
NVIDIA Corporation
NVDA also made a gap with its 4% gain.
JSE Stocks
JSE All Shares
The JSE All Shares is still hanging around its top resistance, this time with an inverted hammer candle.
Sasol Ltd
Sasol was the biggest loser for the day with its 3% drop.
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.
