TAGS: Technical Analysis Software
Free Subscription: Subscription is necessary to receive an email when market reviews are posted.
News in Brief
Bloomberg:
- BOJ sees AI export boom cushioning economy from oil price shock.
- Ramaphosa taps former treasury budget chief as economic adviser.
- Iran and Oman to coordinate evacuations through Hormuz, IMO says.
MarketWatch:
- Micron earnings send the stock soaring.
- Tesla and Waymo are chasing the robotaxi dream – but the company spending the most to win builds no cars at all.
- Trump cheers IBM’s quantum future with executive orders – after dealing its shares.
yahoo! finance:
- Micron’s blowout earnings just reset the AI memory trade.
- Big Tech’s $2.7 trillion AI bill is finally coming due.
- Micron set for big earnings reveal amid renewed AI jitters.
Is Trump’s action with IBM not insider trading?
Global Indexes
S&P 500
The S&P 500 closed with another uncertain high wave candle on its 50 DMA support. Futures are positive after Micron’s earnings.
DAX
The DAX made a hammer candle on its 50 DMA support.
HANG SENG
The HANG SENG made an uncertain doji only to continue its slide this morning.
NYSE & NASDAQ Stocks
Space Exploration Technologies Corp
SPCX made an uncertain doji below its EMA8 line (orange) that started appearing after 8 days.
Builders FirstSource Inc
BLDR broke its 50 DMA resistance with an 11.3% gain. Its target price is at its 200 DMA resistance.
JSE Stocks
JSE All Shares
The JSE All Shares extended is negative trend and closed close to important support.
Vodacom Group Ltd
After the doji VOD bounced on its 200 DMA to close on its 50 DMA resistance.
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.
