TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- China warns of trade fractures if protectionism persists.
- Oil starting to flow through Hormuz despite Iran’s warnings.
- Eli Lilly got huge by making us thin.
MarketWatch:
- This bull market isn’t going to end because of Fed rate hikes under Warsh.
- Starmer says he’s resigning as UK prime minister.
- Trump’s new tariff wall resets who wins, who loses.
- SpaceX sheds $400 billion in value as stock slides below its IPday closing price.
- Alphabet sees $225 billion market-cap wipeout amid concern its losing AI talent war.
yahoo! finance:
- SpaceX’s 3-day slide wipes out most IPO gains.
- US stock futures waver as Wall Street weighs US-Iran talks, AI trade.
- AbbVie strikes $10.9 billion deal for biotech Apogee.
Iran flags ‘major progress’ after all-night talks with US. Cost of AI infrastructure expansions and AI talent war is having an effect on AI shares.
Global Indexes
S&P 500
This market was closed on Friday.
The S&P 500 still managed to close just above its EMA8 support after correcting.
DAX
The DAX extended its positive trend.
HANG SENG
The HANG SENG is continuing its slide, closing with a hammer candle.
NYSE & NASDAQ Stocks
Space Exploration Technologies Corp
SPCX is extending its slide to close below its first day’s closing price.
Alphabet Inc
Losing key AI staff sees GOOG still correcting. Notice where the MACD turned red.
JSE Stocks
JSE All Shares
The JSE All Shares is uncertain about direction with a long-legged doji.
Impala Platinum Holdings Ltd
IMP made a strong bounce with an outside / inside formation, still in all negative territory .
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.
