TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- China warns of fragmented supply chains as trade tensions grow.
- Canada imposes temporary 10% tariff on canned vegetables.
- Europe’s making fewer cars and lots of them are actually Chinese.
MarketWatch:
- Micron’s earnings are a must-watch market event as profit growth approaches 1,000%.
- Oil prices face fresh wave of volatility amid conflicting reports about Strait of Hormuz reopening and ongoing strife.
- Warsh’s new task forces give the Fed wiggle room to put off changing rates until December.
- The Fed’s new hawkish reality just forced Goldman Sachs to slash its gold forecast by $500.
yahoo! finance:
- Global stocks end strong week on a cautious note.
- US scientist John Jumper to leave Google DeepMind for Anthropic.
- Robotics will be the next great investment theme.
US-Iran nuclear talks stall before they begin. As pressure mounts on the White House over its peace agreement with Iran, it is JD Vance whose neck is on the line.
Global Indexes
S&P 500
This market was closed on Friday.
The S&P 500 made a bounce to close above its EMA8 support.
DAX
after the hammer candle the DAX is hesitating with a high wave candle.
HANG SENG
This market was closed on Friday.
The HANG SENG is continuing its downward trend, this time with a gap.
NYSE & NASDAQ Stocks
These markets were closed on Friday.
Space Exploration Technologies Corp
The overpriced SPCX is extending its correction.
Taiwan Semiconductor Mfg Co Ltd
TSM broke top resistance after a profit taking correction.
JSE Stocks
JSE All Shares
The JSE All Shares could only close one day above its 50 DMA resistance – false break. It is now even below its 200 DMA resistance after the correction.
Gold Fields Ltd
GFI made the biggest correction with its 13.1% drop.
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.
