TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Powell rallies Fed colleagues as economic, political risks grow.
- UK touts $205 billion US investment as King Charles fetes Trump.
- Israel says it’s developed laser weapon to stop missiles, drones.
MarketWatch:
- The $300 billion Oracle-OpenAI deal could be fueling an AI bubble.
- Is AMD in trouble as Nvidia and Intel pair up? Not so fast, analysts say.
- Here’s a case for equities to ‘explode higher’ in October. Buy any dips along the way, says JPMorgan.
- Dow penciling in a gain after Fed’s rate cut, with Nvidia investment in Intel inspiring tech stocks.
yahoo! finance:
- South African Citizens can check their eligibility for US citizenship.
- Intel has a major problem – and $5 billion from Nvidia can’t fix it.
- China ditches Google, strikes Nvidia: The Trade War just got smarter.
- Trump threatens licenses of TV stations that criticize him.
Trump asks the Supreme Court to give him total control over the US economy. The Nvidia deal leaves out part of Intel’s business that bleeds billions per year.
Global Indexes
S&P 500
The S&P 500 made a modest new high with an uncertain doji.
DAX
The DAX made a breakaway gap from its steep decline to close above its EMA8 line.
HANG SENG
Profit taking took place for the HANG SENG in overbought territory.
NYSE & NASDAQ Stocks
Novo Nordisk
NVO took the honors with its 6.3% gap climbing back from its large correction.
Moodys Corporation
MCO dropped down to its 200 DMA support. Notice where the P2 Power signal was given.
JSE Stocks
JSE All Shares
The JSE All Shares made an uncertain long-legged doji in extreme overbought territory. Notice that the MACD changed colour and Frontrunner is heading down. Confirmation is still needed to confirm signals.
Shoprite Holdings Ltd
SHP stalled in its current trend. The trend line is still in play.
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.
