TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Nvidia earnings are the stock market risk event after Fed rally.
- Dow hits record, Bonds jump as Powell signals cut.
- Wall Street races to lift Nvidia targets ahead of earnings.
MarketWatch:
- US stock futures slip following Friday’s Fed-fueled rally.
- The stock market soared following Fed Chair Powell’s speech.
- Intel agrees to 10% US government stake. It may not be the last chip maker to do so.
- Meta strikes $10 billion-plus AI cloud deal with rival Google.
yahoo! finance:
- Another Fed official wants more data amid September cut talk.
- Intel confirms nearly 10% US stake.
- Paramount preparing to cut as many as 3,000 jobs.
- Apple explores using Google Gemini AI to power revamped Siri.
US stocks gained with the prospects of a September interest cut. Trump is investigating tariffs on furniture imports next. Nvidia earnings set to test AI trade.
Global Indexes
S&P 500
The S&P 500 wiped out the latest correction with one gain to touch top resistance.
DAX
The DAX also edged towards top resistance.
HANG SENG
Similar for the HANG SENG.
NYSE & NASDAQ Stocks
Amazon.com Inc
AMZN used its 50 DMA as a springboard to gain 3.1%.
Mastercard Inc
The Fed news helped MA to break top resistance with a gap.
JSE Stocks
JSE All Shares
The JSE All Shares is also busy breaking top resistance to continue its J-curve.
Woolworths Holdings Ltd
WHL is also busy forming a J-curve. Notice where its MACD turned green.
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.
