TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Fed’s Logan signals inflation is top issue, urges rate caution.
- A key piece of the US jobs puzzle is missing because of the shutdown.
MarketWatch:
- US stock futures gain, while oil and bitcoin prices rise amid uncertainties.
- The stock market’s relentless march higher has fueled a record rush of bullish options trading.
- Microsoft’s stock now looks like ‘free money,’ an analyst says.
yahoo! finance:
- Netflix stock tumbles as Elon Musk calls for boycott.
- Shutdown drags on as Senators leave Washington amid impasse.
- Pharma stocks clinch best week in 16 years as Trump overhang eases.
Netflix saw its worst weekly decline in months as Musk urged a boycott of the streaming giant over children’s programming. US government shutdown drags on.
Global Indexes
S&P 500
The S&P 500 stalled again with two small body candles next to each other.
DAX
The DAX also stalled against top resistance in overbought territory.
HANG SENG
The HANG SENG also stalled with a hammer candle.
NYSE & NASDAQ Stocks
Netflix Inc
NFLX is still busy with its abc correction. We will have to see if its $1150 support will hold with the boycott call from Musk.
Chipotle Mexican Grill Inc
CMG broke its negative trend line and 50 DMA resistance with a strong bullish gain.
JSE Stocks
JSE All Shares
The JSE All Shares ignored global markets and continued its positive trend.
WE BUY CARS Holdings Ltd
WBC has now bounced for the fifth time on its R54 support with a P1 Power Signal.
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.
