TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Trump warns Powell won’t be ‘very happy’ if he stays on at Fed.
- Supreme court appears wary of Trump bid to fire Fed’s Cook.
- Musk sees sale of Optimus Robots to public next year.
MarketWatch:
- Small-cap stocks are off to a rare bullish start. History says tech is the better bet.
- China’s green-energy revolution is losing $60 billion a year. Why are investors still throwing money at it?
- Intel’s stock could see its worst post-earnings decline in a year and a half.
yahoo! finance:
- TikTok seals deal to create US venture with Oracle, Silverlake.
- Intel leads out Big Tech earnings as key trends collide.
- Natural gas pricews soar 75% in 3 days amid Arctic blast.
FED’S favored inflation data due; Intel earnings on tap.
Global Indexes
S&P 500
The S&P 500 is not out of the woods yet as it closed with a doji above its EMA8 line.
DAX
The DAX made a breakaway gap with an uncertain candle below its EMA8 line.
HANG SENG
The HANG SENG also made an uncertain bounce to close just above its EMA8 line.
NYSE & NASDAQ Stocks
Meta Platforms Inc
META made a breakaway gap out of oversold territory to close above its 50 DMA.
Aliba Group Holdings Ltd
BABA is busy completing its J-curve with a 5.1% gain.
JSE Stocks
JSE All Shares
The JSE All Shares did close at a new high although the gold share drop kept its gain back.
Sasol Ltd
SOL was the winner of the day with its wedge formation.
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.
