TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Fed’s Paulson says rate cuts require progress on inflation.
- UK on verge of trade deal with Gulf States, says head of GCC.
- Nagel says ECB may ‘Have to Do Something’ as Iran shock persists.
MarketWatch:
- Is Nvidia spending its cash on the right things? Investors will soon get an update.
- Investors are piling into US equity funds at the fastest pace in years. But now the pendulum may swing back, warns Barclays.
yahoo! finance:
- Trump threatens Iran with ‘big hit’ if there’s no deal soon.
- Trump traded over $50M in ‘Mag 7’ stocks as he met with techs.
- SpaceX IPO adds second Musk stock. It’s a problem for Tesla.
Google unveils biggest update to Search in 25 years.
Global Indexes
S&P 500
The S&P 500 made another uncertain high wave candle closing just below its EMA8 support line.
DAX
The DAX made an inverted hammer candle that retraced most of the day’s gains.
HANG SENG
The HANG SENG is hanging around its 50 DMA support.
NYSE & NASDAQ Stocks
Eli Lilly and Co
LLY made a bounce to continue its positive trend.
Alphabet Inc
GOOG retraced from the average target price ($400) of analysts. It still has a strong buy recommendation.
JSE Stocks
JSE All Shares
The JSE All Shares extended its correction nearing its 200 DMA support.
Naspers Ltd
NPN made a breakaway gap after making a triple bottom on R842 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.
