TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Stocks dip, dollar steadies as tariff relief fades.
- European stocks erase gain as autos decline on tariff jitters.
MarketWatch:
- The EU to buy $750 billion of US energy products. That’s ‘absurd’.
- S&P 500 and Nasdaq build on records after news of US-EU trade framework.
- Powell faces his most pivotal test yet, amid pressure from Trump, Fed dissent and a sky-high stock market.
- The S&P 500 is now more likely to reach 7,200 next year, according to Morgan Stanley strategist.
- Trump says Rassia will face new deadline of 10 to 12 days rather than 50.
yahoo! finance:
- US stock futures trade flat ahead of week poised to shake markets.
- All eyes turn to China tariff talks, with markets wanting one thing.
- Stocks rise as US-EU deal kicks off huge week.
- US and EU strike 15% tariff deal. Now eyes are on China.
- Exclusive-Nvidia orders 300,000 H20 chips from TSMC due to robust China demand, sources say.
A top Wall Street bull is calling for an 11% stock market rally by the end of the year. Wall Street ius bracing for 2 days of US-China talks.
Global Indexes
S&P 500
The S&P 500 traded flat amid tariff talks.
DAX
The DAX made a large engulfing bear candle to close on its 50 DMA support.
HANG SENG
The HANG SENG is moving sideways in anticipation of the outcome of tariff talks.
NYSE & NASDAQ Stocks
Advanced Micro Devices Inc
AMD made a gap with its 4.3% gain. Its current price far exceeds the average analyst’s prediction of $147.
NVIDIA Corporation
There are no brakes for NVDA either as it extends its 11 months bullish rally.
JSE Stocks
JSE All Shares
The JSE All Shares is now unsure about current move with a high wave candle. You can see explanations of candles in Lesson 9 in the educational section on the web..
Sasol Ltd
Sasol is unsure about direction and is moving side-ways while FrontRunner and its 50 DMA (dark blue) are moving positively.
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.
