TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Fed’s Hammack says inflation too high, must be cautious easing.
- Is Trump bringing an end to US free market Capitalism.
MarketWatch:
- Fed chief Powell is talking about the US economy again. Wall Street is all ears.
- Nvidia’s $100 billion investment in OpenAI signals a major transformation.
- Gold hits another record high. Has it formed a bubble yet?
yahoo! finance:
- Huang touts OpenAI deal as biggest AI infrastructure project ever.
- US stock futures waver after record-setting day on Wall Street.
- Supreme Court will hear Trump’s bid to fire FTC commissioner.
Nvidia stock jumped after the chip giant announced a $100 billion deal with ChatGPT-maker OpenAI.
Global Indexes
S&P 500
The S&P 500 closed at a new record high. The current trend remains in place.
DAX
The DAX made a hammer turning candle, still not breaking its negative trend line..
HANG SENG
The HANG SENG extended its correction to its EMA8 line.
NYSE & NASDAQ Stocks
Nvidia Corporation
NVDA closed at top resistance after gaining 3.9% with its OpenAI deal.
Meta Platforms Inc
META retreated from top resistance after touching it.
JSE Stocks
JSE All Shares
The JSE All Shares made an undecided high wave candle in overbought territory.
Harmony Gold Mining Company Ltd
HAR made the largest gain with a gap, following the gold price.
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.
