TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Trump says he has made his choice to lead the Federal Reserve.
- JPMOrgan flips forecast, sees Fed cutting rates in December.
MarketWatch:
- US stocks see shaky start to December in post-Thanksgiving ‘hangover’.
- US stocks register a downbeat December kickoff. Bitcoin, too.
- Nvidia’s stock is almost historically cheap – and that’s a good sign for bulls.
- Meta’s stock may be ready to rally 70%, despite Zuckerberg’s massive AI-spending plans.
yahoo! finance:
- Chanos warns of debt risks tied to Nvidia AI chips.
- US stocks sink as risk-off mood seeps into markets.
- BofA says clients should start thinking about crypto exposure.
- Burry: Tesla is ‘ridiculously overvalued’.
Bitcoin plummets as analyst warns to brace for ‘more volatility’.
Global Indexes
S&P 500
The S&P 500 started December uncertain with a doji, still above its EMA8 line.
DAX
The DAX started December negative to close on its EMA8 line after making a small bounce on its 200 DMA support.
HANG SENG
After 4 days of uncertainty the HANG SENG is lifting its head. It is moving positively today.
NYSE & NASDAQ Stocks
Meta Platforms Inc
Meta stalled with a doji in its current rally with a doji. It is 28% below analyst average estimate of $824. Is it going to miss earnings again with all the AI spending?
Alibaba Group Holdings Ltd
The Chinese listed BABA caught the eye as it gains with the Hang Seng. Do you see the abc correction? The MACD just turned green.
JSE Stocks
JSE All Shares
The JSE All Shares used its 50 DMA (dark blue) as support to move positively.
Northam Platinum Holdings Ltd
NPH is going to make an attempt to break top resistance. It is past analysts estimates and nothing technically showing that it cannot do it?
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.
