Ceasefire Honor ?

TAGS: Technical Analysis Software

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News in Brief

Bloomberg:

  • Asian stocks climb with focus on Mideast truce.
  • Nasdaq 100 hits record as yields fall on Powell.
  • Stocks climb as oil plunge eases inflation jitters.

MarketWatch:

  • A new plan might be taking shape in Washington to help manage the explosive UD debt.
  • S&P 500 nears record as stocks soar, oil sinks and investors throw caution to the wind.
  • FedEx hopes to save $1 billion this fiscal year. But its profit forecast is sinking shares.
  • Tesla’s latest rally is par for the course.

yahoo! finance:

  • Wall Street bull calls for another 10% rally in S&P 500 by end on 2025.
  • Trump baffles with sudden U-turn on China buying Iranian oil.
  • Oil prices edge higher as investors assess Iran-Israel ceasefire.
  • Israel-Iran to honor ceasefire after Trump lashes out.

Stocks gain after Israel and Iran agree ceasefire with Fed’s Powell testimony on tap.

Global Indexes

S&P 500

The S&P 500 made a breakaway gap to lift off its sideways trend.

DAX

The DAX bounced off its 50 DMA support to break resistances.

HANG SENG

The HANG SENG also made a breakaway gap closing above its EMA8 line.

NYSE & NASDAQ Stocks

Advanced Micro Devices Inc

AMD was one of the top performers with its 6.8% gain.

Chipotle Mexican Grill Inc

CMG made a breakaway gap approaching its last hurdle, its 200 DMA resistance.

JSE Stocks

JSE All Shares

The JSE All Shares replaced its sideways move with a positive one.

Anglo American PLC

AGL made a breakaway gap in oversold territory enforced with a P1 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.

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