TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Bankers prep for the busiest week of the year in US IPO rush.
- Stocks get hit as global bond selloff lifts dollar.
- Deutsche Bank to rejoin Euro Stoxx 50 after seven-year absence.
MarketWatch:
- Alphabet and Apple stocks rally after Google antitrust ruling avoids the worst-case scenario.
- Spirit Airlines is going bankrupt. Rival is already reaping the benefits.
- Stocks set to slide as traders return after Labor Day.
- The stock market still hasn’t priced in the positive impact from interest-rate cuts, says Morgan Stanley’s Mike Wilson.
yahoo! finance:
- Google soars after judge says it doesn’t have to sell Chrome.
- Trump to seek ’emergency’ hearing from Supreme Court on tariffs.
- Stocks sink; yields jump amid tariff and Fed uncertainty.
- Bessent: Trump has a Plan B if Supreme Court nixes tariffs.
Gold jumps above $3,500 to hit record high on rate-cut bets. Trump health rumors intensify.
Global Indexes
S&P 500
The S&P 500 made its correction with a breakaway gap.
DAX
The DAX extended its correction into oversold territory.
HANG SENG
The HANG SENG made a high wave candle against its top resistance hurdle.
NYSE & NASDAQ Stocks
NVIDIA Corporation
The correction of NVDA made a high wave candle on its 50 DMA support.
Alibaba Group Holding Ltd
BABA extended its rally towards top resistance.
JSE Stocks
JSE All Shares
The JSE All Shares also made a high wave candle on support.
Sasol Ltd
SOL is making a J-curve to continue its rally.
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.
