TAGS: Technical analysis software
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News in Brief
Bloomberg:
- Investors from stocks to Crypto brace for US election volatility.
- Wall Street event risk piles high in markets braced for bad news.
- Stocks rise as dip buyers fuel Wall Street rebound.
- Amazon reassures investors with cloud growth, cost cutting.
MarketWatch:
- Harris and Trump command the market’s attention – but Jerome Powell may steal the spotlight.
- October jobs report was a ‘head fake’.
- ‘DJT’ stock has seen ‘aggressive’ selling by retail investors leading into election.
- Nvidia to replace Intel in the Dow – underscoring the downfall of an industry titan.
- Boeing workers to vote today on latest contract offer to end strike.
- Oil prices lifted by report Iran may be planning another major strike on Israel.
yahoo! finance:
- Markets brace for election, Fed meeting.
- Nasdaq, S&P 500 rebound as market shrugs off jobs data.
- DJT stock slumps 20% over last 5 days ahead of Trump-Harris election.
- Tesla sells $499 million of debt backed by solar equipment loans.
Intel is the first of the old titan shares to be replaced on the Dow by Nvidia. We wonder when Boeing and Walgreen Boots will be replaced. Trump claims he has 97 percent chance of winning election – as polls tip Harris.
Global Indexes
S&P 500
The S&P 500 made an inverted hammer rebound candle just above its 50 DMA support.
DAX
The DAX made a more positive rebound candle, still below its EMA8 line.
HANG SENG
The HANG SENG has now been in a sideways trend for 11 days with small body candles.
NYSE & NASDAQ Stocks
Intel Corporation
We show the negative trend of INTC as it lost its once superior market.
Amazon.com Inc
AMZN is touching top resistance with a potential gain of 14% to the average price prediction of analysts.
JSE Stocks
JSE All Shares
The JSE All Shares also made a rebound piercing candle following global markets.
Aspen Pharmacare Holdings Ltd
After a 9-month correction APN made an engulfing bull candle with a P2 divergence Power Signal.
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.
