Hopes of Long AI Boom

TAGS: Technical Analysis Software

Free Subscription: Subscription is necessary to receive an email when market reviews are posted.

News in Brief

  • Dimon says ‘Absolutely, Positively No Change’ on Fed Chair job.
  • UK economy rebounded in November as Jaguar Cyberattack faded.
  • Trump holds off on critical minerals tariffs after probe.

MarketWatch:

  • The S&P 500’s final push to 7,000 could be tougher than it looks.
  • TSMC breaks big revenue milestone.
  • Most of copper’s rally has happened, Goldman Sachs says. They fear a correction is coming.

yahoo! finance:

  • US futures climb with Wall Street set to wrap up volatile week.
  • Goldman Sachs, Morgan Stanley profits soar amid dealmaking boom.
  • TSCM’s strong outlook fires up hopes of long AI boom.

US weekly jobless claims unexpectedly fall. Popular AI shares are AMD & TSM.

Global Indexes

S&P 500

The S&P 500 is hesitant in testing top resistance.

DAX

Similar for the DAX.

HANG SENG

Similar for the HANG SENG with a high wave candle.

NYSE & NASDAQ Stocks

Taiwan Semiconductor Co Ltd

Us reaches trade deal with Taiwan that could boost TSM.

Goldman Sachs Group Inc

GS made a large engulfing bull candle after results.

JSE Stocks

JSE All Shares

The JSE All Shares reacted similar to global markets with a doji.

OUTsurance Group Ltd

OUT gave a P2 Power signal after a long correction path.

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.

Algomodel Signals
Algomodel Signals
Algomodel Signals Pro
Algomodel Signals Pro

Leave a Comment

Your email address will not be published. Required fields are marked *