Fed Feud

TAGS: Technical Analysis Software

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News in Brief

Bloomberg:

  • Crowdsourcing Hedge fund gets $500 million JPMorgan commitment.
  • Dollar falls as 30-year yield rises on Fed threat.

MarketWatch:

  • Wall Street is more focused on Nvidia than on threats to Fed independence. That may be a big mistake.
  • Apple has an AI problem – and a Google partnership could actually make things worse.
  • Trump’s effort to oust Fed’s Cook likely to run into legal roadblocks.
  • US stock indexes slump early Tuesday after Donald Trump’s play for Fed domination.

yahoo! finance:

  • Dow, S&P 500, Nasdaq futures inch higher with all eyes on Nvidia earnings.
  • Fed’s Cook says she ‘will not resign’ as Trump seeks ouster.
  • Nvidia set for $260 billion price swing after earnings.
  • Rare earth prices hit 2-year peak as MP Materials stops China exports.

US stocks steady after Trump escalates Fed feud. Wall Street braces for Nvidia earnings.

Global Indexes

S&P 500

Top resistance is still keeping the S&P 500 in tack in the runup to Nvidia earnings.

DAX

The DAX made an uncertain high wave candle sitting on its 50 DMA.

HANG SENG

The HANG SENG only tested the air above top resistance to close below it again.

NYSE & NASDAQ Stocks

Eli Lilly and Co

Strong financial performance is boosting LLY after the obesity drug disappointment.

Bank of America Corp

BAC is moving into extreme overbought territory as it reached top resistance and analyst’s target price.

JSE Stocks

JSE All Shares

The JSE All Shares closed on its resistance line in anticipation what is happening globally.

Anglo American PLC

AGL broke its 50 DMA resistance with its J-curve.

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.

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