TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- US, Iran seek more ceasefire talks as blockage stops ships.
- US-sanctioned tanker tests Trump blockage with Hormuz exit
- US, Iran pursue new talks as Tehran weighs pause in Hormuz shipments.
- Xi says world order ‘crumbling into disarray’ as war takes toll.
MarketWatch:
- Nvidia’s stock is on a 10-day winning streak.
- Stocks open higher as Nasdaq attempts longest winning streak since 2021.
- Two Wall Street titans have turned bullish on US stocks.
- Johnson & Johnson raises guidance for 2026 on strong start to the year.
yahoo! finance:
- Meta extends custom chips deal with Broadcom to power AI ambitions.
- A US-blacklisted tanker is putting Trump’s blockage to the test.
- Amazon nears Globalstar deal in push to rival Starlink.
- OpenAI investors question $852bn valuation as strategy shifts.
Oil drop below $100 on signs US, Iran may revive peace talks.
Global Indexes
S&P 500
The S&P 500 is now close to top resistance with another gap.
DAX
The DAX also gapped up to close just below its 200 DMA resistance.
HANG SENG
The HANG SENG closed just below its 50 DMA to test it today with a positive move.
NYSE & NASDAQ Stocks
Oracle Corporation
ORCL was the second strongest gainer coming from a low base. Notice the wide range of analysts ranging from $155 to $400 with an average of $250 target price.
Micron Technology Inc
MU was the best performer of the day with its 9.1% gain, testing top resistance.
JSE Stocks
JSE All Shares
The JSE All Shares followed global markets higher confirming a ‘Three Inside Up’ formation.
Impala Platinum Holdings Ltd
IMP is about to test its 50 DMA resistance, gaining 4.3%.
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.
