Wholesale Prices Jump

TAGS: Technical Analysis Software

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News in Brief

  • UK house price gauge falls to lowest since 2023.
  • Iran war tests Turkish central Bank’s ambitious inflation target.
  • US producer prices rise most since 2022 on energy costs.

MarketWatch:

  • Trump’s China visit could rattle markets if it doesn’t bring an Iran breakthrough.
  • Wholesale prices jump to 4-year high and point to even more inflation in the next few months.
  • Nvidia’s Jensen Huang got the last Air Force One seat to China.

yahoo! finance:

  • US stock futures edge up ahead of Trump-Xi meeting.
  • Nvidia CEO’s foundation buys $108M of AI computing from CoreWeave.
  • Silver is joining copper in the AI build-out trade.

User producer prices rose far more than expected in April.

Global Indexes

S&P 500

Morgan Stanle and Deutche Bank updated their S&P 500 targets to 8000.

DAX

The DAX made an uncertain doji on its 200 DMA support.

HANG SENG

The HANG SENG also made an uncertain doji.

NYSE & NASDAQ Stocks

Enphase Energy Inc

ENPH broke past all resistances with its 12.1% gain.

Eli Lilly and Co

LLY is busy completing its J-curve.

JSE Stocks

JSE All Shares

The JSE All Shares made an uncertain high wave candle on its 50 DMA support.

Northam Platinum Holdings Ltd

NPH broke its 50 DMA resistance while forming its J-curve.

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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