Bulls are Back …

TAGS: Technical Analysis Software

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News in Brief

  • US, Iran seek further talks as Hormuz standoff intensifies.
  • Bessent and UK’s Reeves at odds over Iran war before meeting.

MarketWatch:

  • Google’s stake in SpaceX could be worth more than most companies on the planet.
  • Bank of America’s 30% jump in equities revenue pushes stocks toward a two-month high.
  • Morgan Stanley blows past Wall Street earnings forecast.

yahoo! finance:

  • US stock futures rise after record closes, Q1 earnings roll in.
  • Bulls are back, but this isn’t a ‘close-eyes-and-buy’ market.
  • Trump hints that an end to the US-Iran war is in sight.
  • Nvidia’s stock is suddenly on a roll.

Trump’s isolation deepens as his ties with longtime allies’ fray.

Global Indexes

S&P 500

The S&P 500 broke top resistance to close at a new high.

DAX

The DAX is still hesitating below its 200 DMA resistance with a doji.

HANG SENG

The HANG SENG made a first attempt to break 50 DMA only to close below it. It is currently trading above it.

NYSE & NASDAQ Stocks

Oracle Corporation

ORCL was again amongst the top 7 gainers with its 4.2% gain.

Microsoft Corporation

MSFT was one of the strong movers with a 40%-45% upside potential to analysts’ average price prediction.

JSE Stocks

JSE All Shares

The JSE All Shares is still building a J-curve.

Naspers Ltd

NPN traded above its 50 DMA resistance with the negative trend line its next hurdle.

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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