Profit Boom despite Iran War

TAGS: Technical Analysis Software

Free Subscription: Subscription is necessary to receive an email when market reviews are posted.

News in Brief

  • Iran rejects ceasefire proposal, calls US talks ‘illogical’.
  • German business outlook sinks as Iran puts recovery ‘on ice’.
  • Europe faced with near-empty gas stores just as war hits supply.

MarketWatch:

  • Microsoft’s stock is having its worst quarter in 17 years – and there may be no quick fix.
  • Dow, S&P 500 and Nasdaq set to climb as US peace plan for Iran weighs on oil prices.
  • America is haunted by a 1970s bogeyman known as stagflation.

yahoo! finance:

  • Wall Street analysts say recession odds are rising.
  • US stock futures flat as Wall Street weighs prospects for Iran truce.
  • US stocks jump amid hopes for Iran peace talks.
  • SLB expands Nvidia partnership to develop AI infrastructure for energy sector.

Margan Stanley expects S&P profit boom despite Iran war. Volatility will continue on markets until a truce on Iran war is reached.

Global Indexes

S&P 500

Three long-legged small body high wave candles confirm uncertainty for the S&P 500.

DAX

The DAX made an uncertain doji against resistances.

HANG SENG

The HANG SENG made a hammer candle on its EMA8 resistance only to bounce down this morning.

NYSE & NASDAQ Stocks

Advanced Micro Devices Inc

AMD made a breakaway gap past resistances.

Bank of America Corp

The bounce of BAC stalled with an uncertain high wave candle.

JSE Stocks

JSE All Shares

The JSE All Shares followed global markets with a bounce.

Northam Platinum Holdings Ltd

NPH made a breakaway gap with its bounce.

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.

Algomodel Signals
Algomodel Signals
Algomodel Signals Pro
Algomodel Signals Pro

Leave a Comment

Your email address will not be published. Required fields are marked *