TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Hassett says CPI data shows inflation needs ‘Some Work’.
- US moves to bar DeepSeek from federal Agencies and Contracts.
- Alibaba backs Chinese Robovan Maker in $400 million fundraiser.
MarketWatch:
- Micron and other chip stocks spring back to life after bruising selloff.
- The Fed’s interest-rate decision this month is a closer call than markets think.
- CoreWeave’s selloff is a lesson in ‘Finance 101’ – and Wall Street says the stock can recover.
yahoo! finance:
- Chip and software stocks rebound – but most of Wall Street misses out.
- Elon Musk says he’s giving SpaceX stock to every kid in America.
- Netflix stock is down roughly 25% in 2026 as Q3 earnings loom.
- Goldman Sachs is still betting on a nice year-end rally for the S&P 500.
America cannot afford to lose Taiwan’s chip factories to China.
Global Indexes
S&P 500
The rebound of the S&P 500 still closed below its 50 DMA resistance with a high wave candle.
DAX
The DAX rebounded down from its 50 DMA resistance to close on its EMA8 support.
HANG SENG
This index was closed yesterday.
The HANG SENG closed on its EMA8 support that is moving sideways.
NYSE & NASDAQ Stocks
Amazon.com
AMZN’s rebound was the strongest with a 5% gain.
Alphabet Inc
GOOG made a doji to close just above its 200 DMA support in oversold territory.
JSE Stocks
JSE All Shares
The JSE All Shares made a large engulfing bear candle to reverse the gains of the past two days.
Anglo American PLC
AGL was hit the hardest with its 5.4% correction. Notice where the MACD turned red.
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.
