Intel’s Hot Streak

TAGS: Technical Analysis Software

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News in Brief

  • US inflation accelerates as gas, rent and food prices climb.
  • a Jet fuel crunch threatens summer flights.
  • India’s diesel crunch leaves truckers stranded in roadside lines.

MarketWatch:

  • Oil crisis could become a full-blown global catastrophe within a month.
  • Chip stocks just suffered a rare selloff.
  • Inflation jumps to 3-year high, CPI shows, and that’s not the end of it.
  • Intel’s stock just guided the chip sector toward a sharp selloff.

yahoo! finance:

  • US stock futures waver as Wall Street weighs US trade, Iran rensions.
  • Amazon launches 30-minute delivery in cities across the US.
  • Russia’s oil flows slide as drone, storm alerts disrupt key port.
  • Musk’s attorney grills Altman about lying in OpenAI trial.

Oil extends gain as Trump casts doubt over ceasefire with Iran.

Global Indexes

S&P 500

The S&P 500 gave a P2 Power Signal with a high wave candle.

DAX

The DAX extended its correction to close below its 200 DMA support.

HANG SENG

The HANG SENG made a negative piercing candle.

NYSE & NASDAQ Stocks

Intel Corporation

After Intel’s Hot Streak INTC had a selloff to close with an uncertain high wave candle.

Eli Lilly and Co

LLY is forming a J-curve still way below analyst’s target of $1218.

JSE Stocks

JSE All Shares

The JSE All Shares is following global markets lower and closed below its 50 DMA support.

Prosus NV

PRX is continuing its negative trend with a 5.3% correction for the day.

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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