Fed Cuts in Play

TAGS: Technical Analysis Software

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News in Brief

Bloomberg:

  • S&P 500 hits all-time high before key jobs report.
  • Bonds climb as jobs cracks keep Fed cuts in play.
  • Global funds flee Vietnam stocks at record pace on FX jitters.

MarketWatch:

  • Broadcom gives Wall Street plenty of reason to cheer, and its stock moves higher.
  • It will take a doozy of a jobs report to derail investor expectations for a September rate cut.
  • Stock market little changed as Wall Street grows increasingly concerned about what Friday payrolls report will show.
  • Chinese stocks fall on report that regulator may try to limit stock-market speculation.

yahoo! finance:

  • Friday’s jobs report set to show growing cracks in market.
  • US stock futures climb with rate-cut bets, crucial jobs report in focus.
  • Trump inks trade deal with Japan while tariffs hang in legal limbo.
  • Stocks wobble as US labor market shows more cracks.

Trump asks Supreme Court to move fast, uphold tariffs.

Global Indexes

S&P 500

The S&P 500 managed to close 1 point higher than its previous high with futures showing a break.

DAX

The DAX used its doji as a turning candle to gain 0.7%.

HANG SENG

The HANG SENG was still correcting but made a U-turn this morning.

NYSE & NASDAQ Stocks

Builders FirstSource Inc

BLDR is making a J-curve on its 200 DMA support, gaining 5.1%.

Amazon.com Inc

AMZN made a breakaway gap that broke resistance.

JSE Stocks

JSE All Shares

The JSE All Shares corrected to support.

Woolworths Holdings Ltd

WHL is making another attempt at its R54 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.

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