TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- US manufacturing activity expands by most in four years.
- South Africa factory sentiment worsens as demand fades.
- SpaceX’s IPO forces Wall Street to reorganise around it.
MarketWatch:
- Investors are piling into bullish options bets – another sign that the stock market is getting overheated.
- Intel and AMD shares fall more than Nvidia rises on new PC superchip.
- A ‘volatility spasm’ is set to give the toughest test yet to the nine-week-old stock-market rally.
- Global oil prices jump 5% to above $95 a barrel after Iran reportedly suspends talks with US and fully closes Strait of Hormuz.
yahoo! finance:
- Nvidia unveils new processor for Windows laptops, taking on Intel and AMD.
- HPE stock soars after record quarter on AI boom.
- Factories face soaring costs as Iran war causes supply shocks.
- Wall Street gain as AI advances overshadow US-Iran tensions.
Trump says deal will ‘Work Out Well’ Even as US, Iran clash.
Global Indexes
S&P 500
The S&P 500 inched higher with a high wave candle.
DAX
The DAX made a long-legged high wave candle on its EMA8 line support.
HANG SENG
The HANG SENG bounced to close on its EMA8 line resistance. It broke the resistance this morning.
NYSE & NASDAQ Stocks
NVIDIA Corporation
NVDA made a bounce after the announcement of its new chip for laptops.
salesforce.com Inc
CRM made a breakaway gap on its way to analysts’ average estimate of $255.
JSE Stocks
JSE All Shares
The JSE All Shares bounced down from resistances and also broke its 200 DMA support.
AngloGold Ashanti Ltd
Gold shares took the biggest knock with ANG leading the pack with a 6.8% drop closing on its 200 DMA support.
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.
