Hormuz Traffic Grinds to a Halt

TAGS: Technical Analysis Software

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News in Brief

  • Hormuz traffic grinds to a halt after Iran seizes first vessels.
  • Stocks decline as Iran jitters spur rally on oil.
  • US and Iran vie for Hormuz control after peace efforts stall.

MarketWatch:

  • Trump is swaying the market like no president in decades, analysis shows.
  • Intel’s stock is on track for a historic surge after earnings.
  • Tesla is in no-win situation as it faces the ire of its earliest customers.
  • ServiceNow’s stock sinks to its worst day ever – taking the software sector down with it.

yahoo! finance:

  • Intel soars on earnings beat, strong outlook.
  • US stock futures rise after Israel and Lebanon extend ceasefire.
  • Brent oil tops $100 as US waits for Iran’s peace talks response.
  • Meta lays off thousands, Microsoft offers buyouts amid high AI costs.

The US inflation picture hasn’t been this bleak in nearly 4 years.

Global Indexes

S&P 500

The S&P 500 made an indecision long-legged high wave candle on its EMA8 line support.

DAX

The DAX closed on support awaiting global moves.

HANG SENG

The HANG SENG is still correcting closing on its 50 DMA support and touching its 200 DMA supports just below.

NYSE & NASDAQ Stocks

ServiceNow Inc

NOW made a -17% breakaway gap after poor results and outlook. Notice how it was declining below its 50 DMA resistance for the past 17 months.

Texas Instruments Incorporated

TXN made a positive 19.4% breakaway gap to move into the strong TrendFactor catagory.

JSE Stocks

JSE All Shares

The JSE All Shares took the correction path after its sideways movement.

Anglo American PLC

AGL broke top resistance with a strong +5.1% move.

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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