TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Record US Government shutdown ends as Trump signs spending bill.
- US US wants to start easing flight cuts within a week post-shutdown.
- China enforced strict population controls for decades. Encouraging births is far harder.
MarketWatch:
- Dow’s big drop after a record close is fairly rare. Doubts about a December rate cut are weighing on Wall Street.
- Nvidia’s stock has a strong setup ahead of next week’s earnings, analyst says.
- Stocks start session lower as US government reopens after longest shutdown in history.
- Streaming gains a bright spot for Walt Disney in an otherwise mixed earnings report.
yahoo! finance:
- Fed doubts grow over December cut with Kashkari now on fence.
- Yahoo Finance Invest dives into AI, crypto.
- Disney plummets after missing on Q4 revenue.
- Elon Musk xAI raises $15B in series E round.
Stocks slide as shutdown fallout clouds outlook.
Global Indexes
S&P 500
The S&P 500 closed the open window (gap) made 3 days earlier with its correction after the hammer candle.
DAX
Similarly, the DAX closed its open window to close on its EMA8 line.
HANG SENG
The HANG SENG continued its positive trend but also opened negative this morning.
NYSE & NASDAQ Stocks
Walt Disney Co
DIS was punished for its earnings miss with a 7.8% correction.
Eli Lilly and Co
LLY was still edging higher but has divergence in place (purple line).
JSE Stocks
JSE All Shares
The JSE All Shares made an inverted hammer candle to close at a new high.
Naspers Ltd
NPN was still moving positively forming a triangle. (Trend line top, 50DMA bottom)
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.
