TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- US and China begin trade talks in Malaysia to ease tensions.
- Trump aims to sign mineral deals in Asia to raise pressure on Xi.
- Wall Street bets on tariff refunds if court rules against Trump.
- US inflation comes in soft, building case for more Fed cuts.
MarketWatch:
- Stock futures rise over optimism for US-China deal ahead of Trump-Xi meeting.
- IBM’s stock has its best day since January, and quantum is a big reason why.
- Trump’s plans to lower beef prices are knocking cattle futures from record highs. Will shoppers see a difference?
- Ford is doubling down on the F-150 and redeploying EV workers.
yahoo! finance:
- Stocks fly to fresh records after tame inflation report.
- Trump tariffs panned by Bernanke, Yellen in Supreme Court filing.
- Cooler-than-expected inflation keeps Fed on course for a cut.
- Canada’s anti-tariff ads on pause as US gov’t shutdown drags on.
Trump ‘planning to name new ballroom after himself’. (Narcist?) The week ahead: Big Tech earnings, crucial Fed meeting.
Global Indexes
S&P 500
The softer inflation helped the S&P 500 to gap up to a new high.
DAX
After the long-legged doji on its EMA8 line support the DAX made a made a hammer candle. New direction is not confirmed.
HANG SENG
The HANG SENG made an uncertain doji while Frontrunner is moving positively.
NYSE & NASDAQ Stocks
Goldman Sachs Group Inc
GS broke its short-term negative trend with a 4.4% gain, closing above its 50 DMA.
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International Business Machines Corp
IBM closed at a new high after its 7.9% gain.
JSE Stocks
JSE All Shares
The JSE All Shares is also uncertain about direction with a high wave candle.
Truworths International Ltd
TRU made a double bottom on its R54 level with both bounces with divergence in place, thus the P2 Power Signals.
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.
