S&P 500 Briefly Tops 6,400

TAGS: Technical Analysis Software

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News in Brief

Bloomberg:

  • Asian shares edge up before Fed meeting, Yen gains.
  • S&P 500 snaps six-day winning run as bonds climb.

MarketWatch:

  • GDP is ready to pop, but not because the US economy is popping.
  • Trump’s 50% tariff on copper imports is set to start Friday.
  • IMF lifts US growth outlook on lower tariffs and upbeat markets.
  • UnitedHealth’s stock falls to five-year low as outlook was reinstated, but missed expectations.

yahoo! finance:

  • US stock futures trade flat with eye on Fed decision, Big Tech results.
  • Microsoft to report Q4 earnings as Wall Street looks for AI growth.
  • S&P 500, Nasdaq eye more record highs.
  • Markets don’t care that Trump’s trade deals are fuzzy.

Wall Street experts shared their insights on stocks’ record run and showed Trump risk in over 30 charts.

Global Indexes

S&P 500

The S&P 500 eased back after topping 6400 ahead of Fed and Big Tech results.

DAX

The DAX continued its sideways move between top resistance and its 50 DMA support.

HANG SENG

The HANG SENG is moving sideways just below top resistance.

NYSE & NASDAQ Stocks

The Coca-Cola Co

KO bounced on its 200 DMA support.

Colgate-Palmolive Company

CL made a long-legged doji on support. Notice the rhythm of its P1 Power Signal.

JSE Stocks

JSE All Shares

The JSE All Shares is forming a J-curve in anticipation of global moves.

Kumba Iron Ore Ltd

KIO is rollercoasting between its 200 DMA resistance and its 50 DMA support.

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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