TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Trump says meeting Democrats to avert shutdown unlikely to help.
- Trump to meet Xi at APEC, says China ‘Approved’ TikTok deal.
- Trump’s economy team is short some key players amid staff churn.
- France rating downgraded again as concerns on finances mount.
MarketWatch:
- Forget chips: The next battleground in the US-China AI race is nuclear power.
- Stocks tend to suffer in the second half of September – but the Fed’s rate cut might keep bears at bay.
- Micron’s hot streak is over.
- People are saying Apple’s new iPhone 17 scratches easily. Analysts say it won’t hurt sales.
yahoo! finance:
- Wall Street strategist say stocks could keep rising from records.
- Trump unveils gold, platinum visas to cost up to $5 million.
- Odds of government shutdown after Senate scuttles funding bills.
- Trump predicts government could ‘very well’ shut down Oct. 1.
Dow, S&P 500, Nasdaq close at record highs for second day.
Global Indexes
S&P 500
The S&P 500 made a new record high. The current trend remains in place.
DAX
The DAX made an attemt to break our tight negative trend line but closed on it at the end of the day.
HANG SENG
The HANG SENG is undecided, still above its EMA8 line.
NYSE & NASDAQ Stocks
Meta Platforms Inc
META stalled against top resistance after touching it 4 times.
Microsoft Corporation
MSFT made a small J-curve on its 50 DMA support with a potential analyst average price of $626.
JSE Stocks
JSE All Shares
The JSE All Shares also made a new high, moving into extreme overbought territory.
Harmony Gold Mining Company Ltd
Gold shares are on the move again with HAR taking the lead after 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.
