TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Trump expects a ‘Big Cut’ from Federal Reserve this week.
- Trump to speak to Xi Friday with TikTok framework reached.
MarketWatch:
- Alphabet’s stock was an AI loser. Now it’s beaten out Nvidia on the year.
- The dot-com era’s highest-profile analyst says there will be an AI bust – he just doesn’t know when.
- A sharply divided Fed is expected to settle on a 25-basis-point rate cut this week. The key question is, what comes next?
yahoo! finance:
- US stock futures slip with Senate set to confirm Trump’s Fed pick Miran.
- Google’s market cap tops $3 trillion for the first time.
- Trump calls for earnings reports every 6 months instead of quarterly.
- China finds Nvidia broke antitrust law.
Dow, S&P and Nasdaq build on gains ahead of Fed decision.
Global Indexes
S&P 500
The S&P 500 extended its trend into overbought territory.
DAX
The DAX made a high wave indecision pattern consolidating new direction.
HANG SENG
The HANG SENG is also slowly moving into overbought territory.
NYSE & NASDAQ Stocks
Microsoft Corporation
MSFT is trading above its 50 DMA again with a MACD that turned green.
Alphabet Inc
None of the turning candles were confirmed for GOOG as it extends it trend into a $3 trillion market cap.
JSE Stocks
JSE All Shares
The JSE All Shares followed global markets higher to close at a new high.
WE BUY CARS Holding Ltd
WBC made four bounces R54 support before it finally broke its 50 DMA to trade above it again.
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.
