TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Waller, a Top Fed Chair contender, backs rate cuts without bowing to Trump.
- US Government shutdown is now second longest in history.
- China’s $1 billion of daily US exports show Xi’s bargaining power.
MarketWatch:
- US stocks are hitting a speed bump. The rally could soon resume.
- Tesla’s stock falls after mixed earnings report.
- The shutdown is near a tipping point that could send the economy into a downtown spiral.
yahoo! finance:
- Dow, S&P 500, Nasdaq futures mixed as Tesla falls after earnings.
- Tesla posts earnings miss despite record sales surge.
- US hits $38T in debt in rapid acceleration.
The record sales of Tesla were before tariffs hit the market.
Global Indexes
S&P 500
After the doji the S&P 500 made a hammer candle, still closing above its EMA8 line.
DAX
The DAX closed below its EMA8 line support after the high wave candle.
HANG SENG
The HANG SENG gapped down after the inverted hammer candle.
NYSE & NASDAQ Stocks
Halliburton Company
HAL made another gap and is now at the average target price of analysts.
Texas Instruments Incorporated
TXN broke support to continue its negative trend. Notice that it is below its 50 DMA and 200 DMA and a ‘death cross’ is happening.
JSE Stocks
JSE All Shares
The JSE All Shares is uncertain with a long-legged doji.
Sasol Ltd
I was asked about SOL yesterday. It bounced in oversold territory and AI gives it a target price between R130-R180.
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.
