TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- US and China step back from shipping probes as tensions ease.
- Senate advances plan to end shutdown after some Democrats agree.
- China consumer prices unexpectedly rise on holiday demans.
MarketWatch:
- The government shutdown looks on track to end this week. A House vote is the remaining hurdle.
- Big Tech needs a staggering $1.5 trillion to fund the AI boom.
- Trump floats idea of $2,000 tariff dividend checks to most Americans.
yahoo! finance:
- Bessent: Trump’s $2,000 ‘dividend’ may come via tax cuts.
- Democrats concede shutdown fight without healthcare win in hand.
- Wall Street’s AI-driven rally just got another vote of confidence.
Trump backs deal to end shutdown as Senate eyes final vote.
Global Indexes
S&P 500
After the hammer candle on its 50DMA the S&P 500 made a breakaway gap with a 1.5% gain.
DAX
The DAX also made a breakaway gap to close on its 50 DMA. Notice the P1 Power Signals.
HANG SENG
The HANG SENG gained 1.6% with a sandwich formation.
NYSE & NASDAQ Stocks
NVIDIA Corporation
NVDA also made a breakaway candle with its 5.8% gain.
Eli Lilly and Co
LLY closed on its high of Sept 2024 also with a breakaway gap.
JSE Stocks
JSE All Shares
The JSE All Shares made an engulfing bull candle that broke the negative trend line.
Impala Platinum Holdings Ltd
IMP also made a breakaway gap to break the negative trend line.
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.
