TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Trump renews threats with Congress mired in a shutdown brawl.
- Porche’s sinking sales deepen German Automotive Malaise.
- German exports unexpectedly drop as shipments to the US sink.
MarketWatch:
- Nvidia bull has a bold prediction for the stock – and says ‘bubble’ talk is misguided.
- Rare-earth stocks are rallying as China gears up for Trump meeting on trade.
- Jamie Dimon says there’s a 30% chance of a correction: ‘I’m far more worried than others’.
- The bull market is turning 3 years old this week.
- Google is looking to lock in an AI advantage.
yahoo! finance:
- US stock futures edge up as Wall Street preps for earnings in shutdown.
- PepsiCo CEO says major overhaul is underway after earnings beat.
- Ferrari shares sink by most since 2016 on cautious forecast.
- China blacklists researcher that exposed Huawei chip secrets.
Big banks CEO’s are playing both offense and defense. ‘It makes for a very complicated battlefield.’ German exports to US slump to 4-year low as Trump tariffs bite.
There seem to be stock data missing in the NYSE file for some shares since yesterday. We are waiting for response from support and only hope that it does not have something to do with the shutdown. We apologise for the inconvenience.
Global Indexes
S&P 500
The S&P 500 took a breather, still above its EMA8 line.
DAX
The DAX made an inverted hammer candle in overbought territory.
HANG SENG
The HANG SENG is hanging onto its EMA8 Line support with a high wave candle.
NYSE & NASDAQ Stocks
NVIDIA Corporation
NVDA hits new high amid report US cleared chip exports to UAE.
PepsiCo Inc
After beating earnings PEP broke its 50 DMA resistance with a 4.2% gain.
JSE Stocks
JSE All Shares
The JSE All Shares also stalled with global markets.
Sibanya Stillwater Ltd
SSW corrected 7.4% with a P2 Power Signal and divergence in place.
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.
