TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Senate panel backs Miran Fed pick as GOP moves for fast approval.
- Trump expects a ‘Big Cut’ from Federal Reserve this week.
MarketWatch:
- Political interference in this week’s Fed decision is the big risk now worrying investors.
- S&P and Nasdaq aim for record highs with Dow steady as retail sales outpace forecast and Fed gathers in Washington.
- The hurdles are low for another 10% gain for the S&P 500, says Wall Street veteran.
yahoo! finance:
- ‘Jobless expansion’ fuels bull case as Fed rate cut looms.
- Apple’s latest Watches are its most impressive yet.
- Trump bid to fire Cook before Fed rates meeting blocked by court.
Wall Street is cheering weak jobs as a case for Fed cuts.
Global Indexes
S&P 500
The S&P 500 rally stalled with all eyes on Fed.
DAX
The DAX broke down after the indecision pattern.
HANG SENG
After a hesitation day yesterday the HANG SENG is moving strong positive today extending its rally.
NYSE & NASDAQ Stocks
Halliburton Company
HAL is bouncing on its 50 DMA support. Average price target by analysts is $27.
Eli Lilly and Co
LLY also bounced on its 50 DMA support.
JSE Stocks
JSE All Shares
The JSE All Shares is showing signs of rally exhaustion with its inverted hammer candle in overbought territory.
Impala Platinum Holdings Ltd
IMP is struggling for direction with 5 uncertain candles next to each other.
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.
