TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Tense Fed is set to lead global peers with interest-rate hold.
- Americans are spending faster than their incomes are rising.
- Could Gold become the ultimate anti-Trump play?
MarketWatch:
- Natural-gas futures are surging again, even after last week’s historic surge.
- Waiting for AI bubble to burst? The sector already has taken out the trash, says VanEck’s CEO.
- With Tesla earnings on deck, investors reveal their most pressing questions for Elon Musk.
yahoo! finance:
- Busiest week of quarter kicks off with Mag 7 earnings ahead.
- CoreWeave surges with Nvidia set to invest another $2B.
- Meta to test premium subscription on Instagram, Facebook, and WhatsApp.
The market has turned cool toward Tech. Most probably because 5 companies are reporting earnings next week.
Global Indexes
S&P 500
The S&P 500 continued its positive trend after the two uncertain candles.
DAX
The DAX closed just above its EMA8 line.
HANG SENG
The HANG SENG is strong today after the uncertain high wave candle of yesterday.
NYSE & NASDAQ Stocks
Meta Platforms Inc
META made a breakaway gap a week before its earnings – Insider info or speculation? It closed just below its 200 DMA resistance with its latest rally. Notice that analysts average target price is $820 with the highest estimate of $1117.
Exxon Mobil Corporation
After a strong rally XOM is showing signs of exhaustion in overbought territory. Notice that we have diversion in place (purple line on FrontRunner).
JSE Stocks
JSE All Shares
The JSE All Shares is outperforming global markets.
Ninety One Ltd
NY1 smashed top resistance with a 8.7% gain. Notice that its Trend Factor turned dark green.
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.
