TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Trump says Fed pick Warsh can get economy to hit 15% growth.
- Takaichi Triumphs with Japan’s biggest post -war election victory.
- Japan’s Takaichi vows sustainable finance, faster tax cut talks.
MarketWatch:
- Microsoft’s stock is cheaper than IBM’s for the first time since 2013. What that says about AI trade.
- Micron’s stock falls on fears about Nvidia’s new chips – but investors may be overreacting.
- Goldman Sachs is warning of more selling for stocks this week.
- Takaichi’s victory in Japanese election means a billion-dollar payday for Berkshire Hathaway.
yahoo! finance:
- Bitcoin sell-off is ‘crisis of confidence,’ analyst says.
- S&P 500’s $1T rebound offers Wall Street little solace.
- China warns its banks to rein in US Treasury holdings.
- Trump threatens to bar the new US-Canada bridge from opening.
Investors are still wrestling with a murky outlook in the US ahead of jobs, CPI data.
Global Indexes
S&P 500
After dipping below its 50 DMA support the S&P 500 is about to test top resistance, but the futures are currently negative.
DAX
The DAX is trading above all support again.
HANG SENG
Similar for the HANG SENG with an engulfing bull candle.
NYSE & NASDAQ Stocks
Meta Platforms Inc
After the high wave candle on support META took the positive rout.
Microsoft Corporation
MSFT is bouncing out of oversold territory with a possible wedge formation.
JSE Stocks
JSE All Shares
The JSE All Shares is uncertain about direction with a high wave candle.
Sasol Ltd
SOL is still inside the triangle with no clear indication to which side the break will come.
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.
