TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Asian stocks rise on Fed rate cut bets, dip buying.
- Morgan Stanley’s Wilson says buy stocks dip on earnings strength.
- Stock buyers step in to drive Wall Street rebound.
MarketWatch:
- Palantir stock surges on first billion-dollar quarter.
- There’s no sure cure for the US jobs report. Trump’s BLS firing could make matters worse.
- Weak jobs data means investors should cut back bets on big US tech names.
- It’s not an AI-bubble; it’s a longer-term bull market says Wall St firm.
yahoo! finance:
- Trump threatens India with ‘substantially’ higher tariffs.
- Tesla approves near-$30B alternate pay deal for Musk.
- Lilly’s push to $1T derailed by trade risks, obesity drug speedbumps.
- US says rare earth talks with China ‘halfway there’.
- Swiss face 72-hour race to lower Trump’s ‘absurd’ 39% tariff.
Stocks climb in bounce back from Friday sell-off.
Global Indexes
S&P 500
The S&P 500 closed just above its EMA8 line with the rebound.
DAX
The rebound of the DAX still closed below major support.
HANG SENG
The HANG SENG also closed below its EMA8 line with its rebound.
NYSE & NASDAQ Stocks
The data server in the US is down and we have no updated data for US stocks.
Novo Nordisk AS
NVO corrected 32% for the week and 63% for the year so far. Frontrunner predicts that the pain is not over.
Amazon.com Inc
AMZN made a breakaway gap downwards, like most shares, to close below its 50DMA support with a 8.3% drop.
JSE Stocks
JSE All Shares
The JSE All Shares followed global markets with a rebound.
Gold Fields Ltd
Gold shares started climbing again with GFI taking the lead with its 8.7% gain.
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.
