TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Options Traders wrestle with stocks’ muted reaction to war risk.
- Israeli stocks rise as traders see US hastening end to conflict.
- Tencent Music shares double on break from China price cut script.
- Fidelity Fund bets on midcaps saying tariff shock is over.
- S&P 500 trading volume spikes at Wall Street close.
MarketWatch:
- Dow, S&P 500, Nasdaq set for modest losses after US bombs Iran; oil trims initial spike higher.
- Trump appointee at Fed doubts tariff will fuel inflation, aligns himself with president’s vocal backing for rate cuts.
- Tesla’s robotaxi launch is here.
- As Trump badgers Fed to lower interest rates, it’s the bond market in need of convincing.
yahoo! finance:
- Strait of Hormuz saber-rattling ramps up following US attack on Iran.
- Stock futures slide, oil rises after US entry into conflict.
- Opinion: Trump wages 2 wars – one with trade partners, one with Iran.
- Trump says he may have to change his mind about firing Powell.
- Tesla’s robotaxi rollout kicks off ‘next phase’ of self-driving.
Even the Fed, Iran and interest-rate worries can’t keep the stock market down – MarketWatch. Oil traders and global investors await Iran’s response to US strike.
Global Indexes
S&P 500
The S&P 500 is still moving sideways easing slightly lower.
DAX
The DAX bounced on its 50 DMA to touch its EMA8 line.
HANG SENG
The HANG SENG made an outside-inside formation in oversold territory.
NYSE & NASDAQ Stocks
Builders FirstSource Inc
After a triple bottom BLDR made a strong move towards its $144 target to close above its 50 DMA resistance.
Visa Inc
Visa followed the same downward path as Master card and stalled with a long-legged doji in oversold territory.
JSE Stocks
JSE All Shares
The JSE All Shares now has three uncertain candles next to each other. The latest one is an inverted hammer candle.
Sasol Ltd
Trump’s latest decision on Iran reversed the rally of SOL. Expect volatility as the situation is unpredictable.
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.
