House Passes Bill to end the Shutdown

TAGS: Technical Analysis Software

Free Subscription: Subscription is necessary to receive an email when market reviews are posted.

News in Brief

Bloomberg:

  • US shutdown nears end as Senate passes deal, House readies vote.
  • Shutdown deal leaves Obamacare subsidies on shaky ground.

MarketWatch:

  • Value stocks rally as Dow tops 48,000 for first time.
  • Slashing drug prices is pushing Eli Lilly’s stock to all-time highs.
  • Cisco’s stock climb as AI networking demand drives earnings beat.

yahoo! finance:

  • House passes bill to end shutdown with Trump set to sign quickly.
  • Dow, S&P 500, Nasdaq futures rise as bill to end shutdown passes House.
  • AMD stock rises as investors cheer growth targets.
  • FedEx plugs transport hole caused by MD-11 groundings.

Trump has indicated he will quickly sign the bill after House voted to end the shutdown on Wednesday.

Global Indexes

S&P 500

The S&P 500 made a hammer candle in anticipation of the shutdown to be ended.

DAX

After breaking its negative trend line the DAX made a breakaway gap.

HANG SENG

The HANG SENG continued its positive trend.

NYSE & NASDAQ Stocks

salesforce.com Inc

CRM is hesitating against its 50 DMA resistance with a highway candle. Price target by analysts is a massive $348.

Mastercard Inc

Similar for MA against its 200 DMA with a price target of $656.

JSE Stocks

JSE All Shares

The JSE All Shares accelerated to its top resistance with no sign of turning.

Woolworths Holdings Ltd

WHL gaining 8.7% top the log. A tip from the past is buy the shop share where your wife shop!

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.

Algomodel Signals
Algomodel Signals
Algomodel Signals Pro
Algomodel Signals Pro

Leave a Comment

Your email address will not be published. Required fields are marked *