TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Wall Street races to lift Nvidia targets on earnings.
- Goldman traders say it’s time to buy the dip in momentum stocks.
- Stock slide deepens before Powell as Walmart sinks.
MarketWatch:
- Powell’s Jackson Hole speech could be make-or-break moment for the summer stock-market rally.
- Stocks open lower after jobless claims data, Walmart results.
- Walmart’s stock falls after a rare profit miss, even as sales show strength and margins improve.
- Jobless claims jump to 2-month high – but still no sign of rising US layoffs.
yahoo! finance:
- Wall Street braces for Powell’s final Jackson Hole speech.
- Nvidia orders suppliers to halt work on China-focused H20 AI chip.
- The US and EU seal a written trade framework.
- Fed’s Schmid: No urgency to cut interest rates, more data coming.
US stock futures mixed as investors countdown to Powell’s speech.
Global Indexes
S&P 500
The S&P 500 dipped with another uncertain candle below its EMA8 line.
DAX
The DAX also closed uncertain on its EMA8 line.
HANG SENG
Similar for the HANG SENG.
NYSE & NASDAQ Stocks
Wal-Mart Stares Inc
WMT made a gap to close on its 50 DMA after reporting an earnings miss.
Mastercard Inc
MA is now showing turning signs in overbought territory just below top resistance with divergence in place.
JSE Stocks
JSE All Shares
The JSE All Shares started a J-curve, but global moves will determine if it can be concluded.
Sibanya Stillwater Ltd
SSW turned positively after its doji in oversold territory.
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.
