Mideast Tensions

TAGS: Technical Analysis Software

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News in Brief

Bloomberg:

  • Oil advances, UD futures drop with Iran in focus.
  • US stocks risk 20% drop in high inflation scenario, RBC says.
  • Futures rise as conflict spillover fears subside.
  • Stocks sink, oil jumps as Mideast tensions build.
  • Corporate insiders use rally to dump shares at fastest pace since US election.

MarketWatch:

  • Fog of trade war hangs over the economy.
  • JPMorgan strategist predict ‘fog of uncertainty’ will envelop markets through the rest of 2025.
  • Archer Aviation got dinged for its plans to do what Trump wants.
  • From Walmart to car washes, American companies are getting caught up in ICE raids and protests.
  • Adobe just can’t make investors happy, even after its strong earnings.
  • Visa and Mastercard shares slide on stablecoin fears.

yahoo! finance:

  • Trump to abruptly depart G-7 after calling for Tehran evacuation.
  • US stocks bounce back as Israel Iran nerves ease.
  • Wall Street’s momentum machine faces a Middle East stress test.
  • Oil prices could top $90 amid escalation between Israel and Iran.
  • Opinion: Global mayhem comes for Trump.
  • Port of LA imports drop 19% in May as tariffs hit US businesses.

Iran’s response to Israel’s strike could shake up global markets. Israel may have underestimated Iran’s military might.

Data suppliers also took a break and supplied no data for today. We were able to update the indexes.

Global Indexes

S&P 500

The S&P 500 made a bounce to close above its EMA8 line, but the futures are negative.

DAX

The DAX made a similar bounce after its downwards gap. Still closing below its EMA8 line.

HANG SENG

The HANG SENG made a positive engulfing bull candle, only to open negative today.

NYSE & NASDAQ Stocks

Goldman Sachs Group Inc

GS gave a P2 Power signal after the Mideast Tensions.

Halliburton Company

HAL made a breakaway gap with the rising oil price.

JSE Stocks

JSE All Shares

The JSE All Shares made an engulfing bear candle following global markets lower.

Kap Industrial Holdings Ltd

KAP is sinking to an all-time low with Frontrunner predicting that the end is not near.

Algomodel Strategies, Education & Features

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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.

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