TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Wall Street pitches Sci-Fi ETFs for Robots, UFOs, Quantum bets.
- Goldman trader sees risks sup for lower-quality stocks.
- S&P 500 rally hits a wall near its all-time highs.
- JPMorgan sees Asian tech stocks gaining another 15-20% this year.
MarketWatch:
- Nvidia’s $1.4 trillion comeback is now complete, as stock closes at new record high.
- Micron delivers record quarterly revenue, supporting investors’ super-bullish outlook.
- Opinion: ‘A lethal combination’: War and tariffs are recession triggers the stock market hasn’t fully absorbed.
- QuantumScape shares soar on breakthrough in battery production.
- Chip stocks are beating software stocks this year – but both stand to win as AI demand grows.
yahoo! finance:
- Nvidia leaps to new high in remarkable turnaround.
- Americans are feeling the cracks in the labor market.
- Nvidia eyes record high in remarkable turnaround.
- EU vows to retaliate if US sticks with baseline 10% tariff.
The S&P 500 hits a wall in striking distance of record high. Nvidia’s stock crumbled earlier this year amid AI and tariff threats, but investors are singing a different tune now.
Global Indexes
S&P 500
The S&P 500 ran out of steam close to its all-time high with zero gain.
DAX
The DAX retreated to sit on its EMA8 line.
HANG SENG
The HANG SENG made another gap towards its resistance at 24 765.
NYSE & NASDAQ Stocks
NVIDIA Corporation
NVDA broke top resistance to close at a new high.
Eli Lilly and Co
LLY is forming a J-curve around its 50 DMA support advancing towards its 200 DMA resistance for another attempt to break it.
JSE Stocks
JSE All Shares
The JSE All Shares is very uncertain about its move with a high wave candle.
Nampak Ltd
NPK also hit a wall with its rally giving a P2 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.
