TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Warsh defies Trump’s calls for rate cut as war stokes inflation.
- AI-Fueled profit growth set to flow through every S&P 500 sector.
- AI debt boom heads from Wall Street to Europe despite tech angst.
- UK workers hide AI use from their bosses, Deloitte survey finds.
MarketWatch:
- Fed rate hike fails to calm troubled markets as Dow falls 600 points.
- A strategist who previously thought inflation was contained now sees potential for aggressive Fed rate hikes.
- Traders are betting Trump may soon turn on Fed chair Kevin Warsh as interest-rate hikes loom.
yahoo! finance:
- Trump rips the Fed’s rate hike – and reveals his advice to Warsh.
- Oil slips as Saudi offers more crude via Oman.
- Bitcoin under renewed pressure as looming Fed hike adds to woes.
Trump pushes $2.8bn Israel weapons deal for bombs.
Global Indexes
S&P 500
The S&P 500 continued its correction closing below its 50 DMA.
DAX
The DAX made a bounce with a long-legged high wave candle touching its EMA8 line resistance.
HANG SENG
The HANG SENG was still sitting on its 24600 level but dipped below it today to continue its correction.
NYSE & NASDAQ Stocks
Exxon Mobil Corporation
XOM reversed its onslaught on top resistance with a 3.5% correction.
Meta Platforms Inc
META continued its trend with a negative warning candle.
JSE Stocks
JSE All Shares
The JSE All Shares is still sitting on 50 DMA support.
Sasol Ltd
SOL bounced down from top resistance in overbought 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.
