US-led Blockage of Hormuz Starts

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News in Brief

  • US considering seizing ships leaving Iran as Blockage gets underway.
  • Three tankers attempt Hormuz transit after Us flags blockage.
  • Three tankers clear Hormuz as other ships abandon passage.

MarketWatch:

  • Trump’s blockage of Iran’s ports takes effect.
  • Keep calm and carry on buying the dip, says JPMorgan.
  • Oracle’s stock stands out as the software sector bounces to its best day in a year.

yahoo! finance:

  • S&P 500, Nasdaq erase losses as Trump holds to Hormuz blockage.
  • Trump threatens to destroy Iran ships near US blockage in Strait of Hormuz.
  • Tesla’s full self-driving gets Dutch sign-off, paving the way for EU approval.

Iran threatens to hit Gulf ports after US ‘act of piracy’. US, Iran eye more talks.

Global Indexes

S&P 500

The S&P 500 is continuing its strong trend towards top resistance.

DAX

The DAX bounced on its EMA8 line support.

HANG SENG

The HANG SENG made a hammer candle on its EMA8 support to move positive this morning.

NYSE & NASDAQ Stocks

Oracle Corporation

ORCL broke its 50 DMA with its 12.7% bounce.

Amazon.com Inc

AMZN is moving with a strong trend with FrontRunner predicting more highs to come.

JSE Stocks

JSE All Shares

The JSE All Shares is busy forming a ‘Three Inside Up’ formation on its 50 DMA resistance.

Anglo American PLC

AGL is also busy with a strong trend towards top resistance.

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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