TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- ECB says inflation outlook is broadly unchanged.
- Trump and Xi ease tension with truce on tariffs. rare earths.
- Powell’s December warning exposes hardening divisions at Fed.
- Trump’s trade war is hitting Mexico’s economic prospects.
MarketWatch:
- US stock benchmarks hover near record highs after Fed rate cut as tech earnings reports pile up.
- Apple shares rise despite missed iPhone, China revenue targets.
- Alphabet’s stock looks like a better play than Meta’s in the AI race.
yahoo! finance:
- S&P 500, Nasdaq futures rebound after Apple, Amazon earnings.
- Amazon stock soars on big earnings beat, AWS growth.
- US and China declare 1-year trade truce after Trump-Xi talks.
- Powell makes it clear: The Fed is not on autopilot.
- Meta downgraded, Coinbase upgraded: Wall Street’s top analyst calls.
The US-China reset eases the economic threat from high tariffs, but key issues are unresolved. Senate votes against Trump.
Global Indexes
S&P 500
There is a strong rebound in the futures of the S&P 500 with earnings disclosed after close.
DAX
The DAX continued its sideways move.
HANG SENG
The HANG SENG managed to still close above its EMA8 support.
NYSE & NASDAQ Stocks
Chipotle Mexican Grill Inc
Second earnings miss and a poor forecast gave CMG a breakaway gap down. Notice that Fronrunner is predicting more lows to come.
Meta Platforms Inc
The market gave META a similar treatment for its earnings miss. It closed below its 200 DMA also with a breakaway gap.
JSE Stocks
JSE All Shares
The JSE All Shares continued its sideways move.
WE BUY CARS Holdings Ltd
The ex-dividend drop of WBC took its price deep into oversold territory.
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.
