TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- State Street CEO says it’s ‘Hard to See’ AI as a bubble yet.
- White House’s Hassett dismisses concern over financing of AI.
- South Africa must reform now to grow faster, Kganyago says.
- Binance outflows reach $4.7 billion after North Korea hack.
MarketWatch:
- Tech stocks enter November after a brutal October: Is it time to buy the dip?
- Oil prices could average $130 per barrel next year, according to Goldman Sachs.
- The election will be good news, regardless of outcome, says Morgan Stanley’s chief stock-market strategist.
- Palantir’s stock is down despite a ‘bombastic’ quarter.
yahoo! finance:
- Apple beats on strongiPhone sales but misses on China.
- ‘More and more disenchanted’: Voters sour on Trump’s economy.
- Marvell to purchase Lumentum for $115 billion as AI boom drives demand for connectivity.
Iran’s supreme leader warns of ‘geographically unrestricted response’ if US attacks again.
Trump gives Africa’s largest economy 5 demands to restore US ties, but Ramaphosa refuses to bow as he prepares South Africa for trade fallout
Global Indexes
S&P 500
The S&P 500 continued its correction ahead of the midterm elections.
DAX
The DAX made an engulfing bull candle.
HANG SENG
The HANG SENG managed to close above its EMA8 support.
NYSE & NASDAQ Stocks
Lumentum Holdings Inc
The sell-off at LITE continued to close below its 200 DMA support.
Home Depot Inc
HD continued its positive rally to close above its 200 DMA resistance.
JSE Stocks
JSE All Shares
The JSE All Shares made a positive piercing candle, still closing below the negative trend line.
GOLD-$
AU is now trading below strong support with the negative trend line in place.
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.
