TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Fed’s Miran says economic vulnerability calls for rapid cuts.
- US initial jobless claims drop to the lowest level since July.
- Fed’s Goolsbee warns against ‘Front-Loading’ interest-rate cuts.
MarketWatch:
- Stocks remain in the doldrums as Wall Street pores over a big batch of economic data.
- Don’t overthink Big Tech, says fund manager. Just look at the profit margins.
- Amazon’s stock is trading at a historic discount. Is it the bargain of the decade?
- Trump announces 100% tariffs on pharmaceuticals unless drug makers are building US factories.
yahoo! finance:
- Trump to impose tariffs on pharma, kitchen cabinets, and upholstery.
- Trump signs order approving $14 billion TikTok deal.
- Cook warns Supreme Court of market ‘chaos and disruption’ if she’s fired.
- Fed divide deepens as officials go public with rate views.
- Nasdaq sinks to lead stocks towards third day of losses.
- White House ask agencies to consider job cuts if shutdown happens.
The rate debate inside the FED is intensifying as policy makers go public with their views about the path ahead.
Global Indexes
S&P 500
The S&P 500 closed with an uncertain doji on our positive trend line, below its EMA8 line.
DAX
The DAX continues with another uncertain candle in a sideways pattern.
HANG SENG
The HANG SENG shows its uncertainty with a small body candle.
NYSE & NASDAQ Stocks
Oracle Corporation
ORCL wants to start closing the wide-open window (gap) that was made 12 days earlier.
Kellogg Company
K made 3 turning candles in extreme oversold territory after its correction.
JSE Stocks
JSE All Shares
The JSE All Shares made an engulfing bear candle following the global corrections.
Harmony Gold Mining Company Ltd
HAR stalled its strong move with a MACD that changed colour.
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.
