TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Trump tries to boost Senate picks struggling in South.
- Amazon’s ailing stock needs booming cloud growth to revive rally.
- AI is making Cyberattacks a bigger threat.
- Ukraine economy to shrink for the first time since full-scale war.
MarketWatch:
- Inflation surges, PCE shows. Fed pause on rate hikes unlikely to last long with prices still rising.
- Intel’s stock is sinking toward its worst drop in two years.
- Amazon’s bold cloud forecast isn’t enough to stave off a stock drop.
yahoo! finance:
- Alphabet loses $482B in its worst day since its 2004 IPO.
- US GDP accelerates to 3.4% in Q3.
- Oil rises on signs US could renew strikes on Iran.
Chilling Iran warning issued amid heightened WWIII fears.
Global Indexes
S&P 500
The S&P 500 corrected, still closing above its support averages.
DAX
The DAX had a strong day gaining 1.5%.
HANG SENG
The HANG SENG was still going sideways to open strong today.
NYSE & NASDAQ Stocks
Alphabet Inc
GOOG made the biggest drop since IPO following its third-quarter earnings leaving analyst predictions way behind.
Chipotle Mexican Grill Inc
CMG made a breakaway gap gaining 8.9%.
JSE Stocks
JSE All Shares
Uncertainty remains for the JSE All Shares, this time with a hammer candle.
Impala Platinum Holdings Ltd
IMP now has 4 uncertain turning candles next to each other on important support.
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.
