TAGS: Technical analysis software
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News in Brief
Bloomberg:
- Asian shares decline as bonds extend selloff.
- Stocks fall from record as earnings set to pick up.
- Carson Block says, ‘Close your eyes and buy’ Big US stocks.
- Decade of big S&P 500 gains is over, Goldman Strategist say.
MarketWatch:
- Nvidia’s stock hits new high.
- Opinion: AMD’s AI punches are landing where it counts – against Nvidia.
- The market could get hit hard on a Harris win – but also drop on a Trump victory, says Morgan Stanley.
- Amazon’s satellite constellation doesn’t offer its stock much upside, says BofA.
yahoo! finance:
- Dow slides, Nvidia and Apple jump to record.
- Disney to replace CEO Iger in early 2026.
- Honeywell partners with Google to integrate data with generative AI.
- Fed’s Logan repeats call to lower rates gradually.
Another busy earnings week in the US sees stocks fluctuate.
Global Indexes
S&P 500
The S&P 500 closed with an uncertain long-legged doji against top resistance.
DAX
The DAX retreated back below its break line to close just above its EMA8 line. It could only close 2 days above its break line making it a false break.
HANG SENG
The HANG SENG is still trending below its EMA8 line with not enough steam to break it.
NYSE & NASDAQ Stocks
NVIDIA Corporation
NVIDIA broke top resistance with a 4.1% gain. Notice its trend factor of 295, the best gainer listed on the S&P 500.
Advanced Micro Devices Inc
AMD made an engulfing bull candle bounce on its 50 DMA in oversold territory.
JSE Stocks
JSE All Shares
The JSE All Shares also stalled with an indecision high wave candle.
Northam Platinum Holdings Ltd
NPH has now broken its 50 and 200 DMA’s to be in all positive territory again. It is busy completing its J-curve.
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.
