TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- US Retail sales unexpectedly stalled to close holiday season.
- Next US jobs report will define just how much labor market is slowing down.
- South Africa’s economy in best shape in decade, Standard bank says.
MarketWatch:
- The S&P 500 just accomplished a first-time feat – and it suggest more wild swings ahead.
- Dow opened in record territory even as December retail-sales data signal new concern about state of US consumer.
- Analyst who has gold bugs thinking $12,000 is not only possible – it’s the right price.
- Microsoft and Oracle may be bargain stocks, according to analysis.
yahoo! finance:
- The ‘Super Bowl of jobs reports’ is on deck.
- US stock futures climb as Wall Street braces for jobs report.
- Lutnick under fire over Epstein ties, faces growing calls to resign.
- Coca-Cola sinks on disappointing outlook despite surprise sales jump.
US retail sales unexpectedly flat in sign of consumer slowdown.
Global Indexes
S&P 500
The S&P 500 touched top resistance again and then corrected ahead of jobs report. The resistance is strong and the index is struggling to close above 7,000.
DAX
The DAX took a breather with a small body candle.
HANG SENG
The HANG SENG also confirmed uncertainty with an inverted hammer candle.
NYSE & NASDAQ Stocks
Caterpillar Inc
CAT stalled with a doji and one analysts is suggesting locking in some profits.
Halliburton Company
HAL is also struggling against top resistance with divergence in place.
JSE Stocks
JSE All Shares
The JSE All Shares is also struggling with direction with three small body candles in five days.
Sasol Ltd
SOL is still inside the triangle touching the bottom line this time round. Its 50 DMA also acted as support.
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.
