TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- China is poised to spearhead a $5 trillion humanoid robot market.
- Celine Dion, Harry styles concerts get an AI sound upgrade.
- Volkswagen’s quest to capture American Wallets starts with SUVs and Trucks.
MarketWatch:
- CPI Report: Inflation rose faster than expected in September and could pressure the Fed to raise rates.
- Bank of America adds a profit miss to the misery of a $1.2 billion government fine.
- Rising bond yields and higher inflation leave the Fed trapped in a rate-hike dilemma.
yahoo! finance:
- BlackRock stock jumps as Q3 earnings, investor inflows beat expectations.
- Ukraine: SpaceX is throttling Starlink again amid war with Russia.
- Anthropic’s revenue is now growing faster than almost any startup ever.
- TSMC results face high bar to calm global AI stock trade jitters.
Iran aims to humiliate Trump and ensure mid-term elections defeat with new Strait of Hormuz tactics.
Global Indexes
S&P 500
The S&P 500 broke down from top resistance to close just above its 50 DMA support.
DAX
The DAX now has 3 uncertain candles next to each other.
HANG SENG
The HANG SENG also made an uncertain long-legged high wave candle.
NYSE & NASDAQ Stocks
Bank of America Corp
BAC is making a 5-leg correction after its earnings miss and government fine closing way below its 200 DMA support.
Eli Lilly and Co
LLY is still trending positive above its 50 DMA support.
JSE Stocks
JSE All Shares
The JSE All Shares followed global markets lower.
Mondi plc
MNP made an engulfing bull candle to close just below its 200 DMA resistance.
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.
