TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Fed’s daily supported rate decision, warns of inflation risks.
- US companies added 44,000 jobs in July, ADP data show.
- Shopify shares soar as revenue outlook beats estimates.
MarketWatch:
- Upstart’s AI upgrades pay off, as a pickup in loan growth helps send the stock higher.
- Ozempic maker Novo Nordisk blew its lead in the booming market for GLP-1 weight-loss drugs.
- Alphabet’s stock drops as Google loses another key AI executive.
yahoo! finance:
- Tech melt-up drives $3.5 trillion Nasdaq 100 gain in 4 days.
- Nvidia stock rises after Musk says SpaceX will exclusively use company’s chips.
- Meta debuts Muse Spark 1.2 and first coding agent.
Trump fuels hope of Hormuz opening with hints deal is close – Iran does not think so!
Global Indexes
S&P 500
The S&P 500 is stalling after its top resistance break.
DAX
Similar for the DAX.
HANG SENG
The HANG SENG has 5 uncertain candles next to each other, still above its EMA8 line.
NYSE & NASDAQ Stocks
Eli Lilly and Co
LLY made a very long-legged high wave candle to close 4.9% up.
NVIDIA Corporation
NVDA made a gap in its current positive trend.
JSE Stocks
JSE All Shares
The JSE All Shares lifted its head above its 200 DMA resistance.
Gold Fields Ltd
It was gold shares that took the lead with GFI the winner closing above its 50 DMA.
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.
