Stock Buyers Step In

TAGS: Technical Analysis Software

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News in Brief

Bloomberg:

  • Asian stocks rise on rate-cut bets, China falls.
  • Stocks and bonds rise as weak jobs fuel Fed bets.
  • Stock buyers step in to power Wall Street bounce.

MarketWatch:

  • Global markets are entering a new ‘postmodern’ era, Goldman says.
  • Salesforce post earnings beat – but stock’s drop shows investors still wary of AI adoption.
  • Palantir trade more on hope than its earnings can justify.
  • Fed September meeting watch: Can Lisa Cook still vote and will Trump’s new nominee be on board?

yahoo! finance:

  • US stock futures mixed as klabor market strain boosts rate-cut bets.
  • US stock futures mixed as labor market strain boosts Google soars with worst-case scenario off table.
  • Nasdaq jumps after Google dodges antitrust bullet.
  • Trump pushes for Supreme Court ’emergency’ hearing on tariffs.

Trump’s tariffs are squeezing South African exporters, and the pressure is mounting.

Global Indexes

S&P 500

The S&P 500 gained to close the open window and closed with an uncertain doji on its EMA8 line.

DAX

The DAX closed with an uncertain long-legged doji.

HANG SENG

After touching strong top resistance again, the HANG SENG retreated to its EMA8 line.

NYSE & NASDAQ Stocks

Alphabet Inc

The positive court case caused GOOG to make a breakaway gap, leaving analysts’ predictions way behind.

salesforce.com Inc

CRM was still below its 50 DMA with a high wave candle, before results.

JSE Stocks

JSE All Shares

The JSE All Shares made another high wave candle on support.

Harmony Gold Mining Company Ltd

HAR broke its 50 DMA with a 8.6% gain.

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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