TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Highest US tariffs since 1930s redraw the international trade map.
- Trump, Xi spark another standoff with world economy at risk.
MarketWatch:
- Wall Street’s ‘fear gauge’ surges to highest level since may.
- China trade fears are back, putting renewed pressure on US stocks with Fed chief Powell set to speak.
- Powell talk is final word on interest rates before Fed blackout as shutdown weighs on economy.
- Is Meta’s stock in trouble? OpenAI’s new app has Wall Street worried.
yahoo! finance:
- ‘Absolutely’ a bubble: Wall Street cautions on AI as investors go all in.
- Stocks slide as big banks report, China hits back.
- Wall Street deals bonanza boosts profits at JPMorgan, Goldman.
- AMD upgraded, Micron downgraded: Wall Street’s top analyst calls.
Republicans shift on Ukraine in stunning support reversal.
Global Indexes
S&P 500
The S&P 500 made an uncertain high wave candle.
DAX
The DAX made a hammer candle that touched its 50 DMA.
HANG SENG
The HANG SENG made an inside outside pattern. We do not see it as an engulfing bear in oversold territory.
NYSE & NASDAQ Stocks
Wal-Mart Stores Inc
WMT made a breakaway gap thanks to shopping partnership with OpenAI.
Bank of America Corp
After dipping below its 50 DMA in oversold territory BAC made an engulfing bull candle to close above its 50 DMA.
JSE Stocks
JSE All Shares
The JSE All Shares made a hammer candle against its top resistance awaiting global moves.
Sasol Ltd
SOL is making turning candles in oversold territory with divergence in place.
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.
