TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Hormuz flows may return to normal within month of deal: Iran TV.
MarketWatch:
- Fund manager who was an early proponent of Nvidia is now betting on AI’s space frontier.
- A rival joins Micron in the $1 trillion club as one bank argues AI is actually underhyped.
- SpaceX wins $2 billion contract to make satellites for the Space Force.
- Goldman Sachs hikes S&P 500 target and rejects bubble-era comparison.
- Micron investors are partying like it’s 1987. Analysts say the stock still looks cheap.
yahoo! finance:
- Snowflake soars on earnings beat.
- US strikes Iran targets as Trump vows to ‘watch over’ Hormuz.
- Stock futures rise as oil falls, AI booms.
- Canada to buy Swedish early warning planes rather than US model.
Trump’s new demand for Iran peace deal is fastest way to kill hope.
Global Indexes
S&P 500
The S&P 500 made another uncertain small body candle while we still do not have an Iran deal.
DAX
The DAX is also waiting for a Iran deal with zero movement.
HANG SENG
The HANG SENG is continuing its correction with a 1.1% drop for the day.
NYSE & NASDAQ Stocks
Meta Platforms Inc
META broke its 50 DMA resistance and started to close its open window (gap).
Boeing Co
BA also started to lift from its 200 DMA with a 2.5% gain.
JSE Stocks
JSE All Shares
The JSE All Shares is still trending against its 50 DMA resistance.
BRENT
The BRENT price continued its downward trend in anticipation of an Iran deal.
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.
