TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Trump official warns China against penalizing companies investing in US.
- Trump makes rare earths deal with Australia to fight China.
- Supreme Court is told Trump tariffs are illegal $3 trillion tax.
MarketWatch:
- The Fed has a big decision to make without key data.
- Netflix misses big on profit, but remains firm that its growth will continue.
- Coca-Cola’s stock rise as revenue beats forecasts and profit increases.
- Brkshire’s stock presents Buffet with a ‘golden cross’ as retirement nears.
yahoo! finance:
- Tesla’s rebound faces test as earnings loom today.
- US stocks tread water as earnings flood in.
- US futures trade flat as investors look to Tesla after Netflix slump.
- JPMorgan Chase unveils new 60-story headquarters, reshaping New York City’s skyline.
Rare-earths mining is having a crypto moment. China gathers foreign firms in bid to reassure on rare earths.
Global Indexes
S&P 500
The S&P 500 made a doji against top resistance. Beware of a possible double top?
DAX
The DAX also made an uncertain candle in the shape of a long-legged high wave candle.
HANG SENG
Similar for the HANG SENG with an inverted hammer candle.
NYSE & NASDAQ Stocks
salesforce.com Inc
CRM continued its trend with a 3.6% gain.
Berkshire Hathaway B Inc
A golden-cross for BRK.B is when the 50 DMA (dark blue) crosses its 200 DMA (orange) in the positive direction. Institutions prefer shares where the 50 DMA must be above its 200 DMA.
JSE Stocks
JSE All Shares
The JSE All Shares broke down with a sandwich formation.
Impala Platinum Holdings Ltd
The correction of IMP closed below its 50 DMA.
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.
