TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- After Fed rate cut, Powell says jobs market no longer very solid.
- Powell’s caution dashes bond-market bets on aggressive rate cuts.
- Trump, Modi talk in bid to calm tariffs, Russian oil dispute.
MarketWatch:
- Fed likely to cut rates again in October.
- Tesla’s stock keeps winning streak alive – and makes Elon Musk $40 billion richer.
- Nvidia shares slip to one-week low as report indicates China has banned its chip.
yahoo! finance:
- Funds are shifting away from US assets due to Trump.
- Nvidia CEO Huang says he’s disappointed by China chip curbs.
- Lilly sees obesity drug leadership beyond US.
The Fed finally made a rate cut. Stock futures rise after Fed lowers rates, signals more cuts ahead.
Global Indexes
S&P 500
The S&P 500 made a high wave candle ahead of the Fed decision. Futures are positive.
DAX
The DAX also made a high wave candle in its negative trend pattern.
HANG SENG
The HANG SENG extended its rally with a strong move.
NYSE & NASDAQ Stocks
Caterpillar Inc
CAT broke top resistance with a gap.
The Coca-Cola Co
KO is bouncing in oversold territory, but the negative trend line is not broken yet.
JSE Stocks
JSE All Shares
The JSE All Shares is still powering ahead.
Impala Platinum Holdings Ltd
IMP added another uncertain candle to take its tally to 6 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.
