Oil’s Wild First Half

TAGS: Technical Analysis Software

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News in Brief

  • Australia runs surprise trade deficit with widest gap since 2015.
  • US companies added 98,000 jobs in June, ADP data show.
  • Greece’s jobless rate falls to 8.1% in May, lowest since 2008.

MarketWatch:

  • Is Meta ‘giving up’ on cutting-edge AI? Wall Street is divided over its potential cloud pivot.
  • The Chip-stock top is not in, say highly regarded analyst.
  • Anthropic gets all-clear to let foreigners use latest model ahead of crucial IPO.

yahoo! finance:

  • Oil’s wild first half upended everything Wall Street expected.
  • US sees 10 million barrels via Hormuz sapping Iran oil leverage.
  • Musk meme traders rush back into Tesla when the stock hits $420.

Iranian clerics call for the assassination of Trump: ‘Send him to hell’.

Global Indexes

S&P 500

The S&P 500 is uncertain with a doji ahead of key jobs report.

DAX

The DAX made an uncertain long-legged doji on its negative trend line.

HANG SENG

The HANG SENG was closed yesterday and moving positively this morning.

NYSE & NASDAQ Stocks

Meta Platforms Inc

META gained with a large gap to close above its 50 DMA resistance after reports Meta’s share price jumped after reports confirmed that the company is building a cloud business to rent out its excess Artificial Intelligence computing capacity.

Amazon.com Inc

The MACD of AMZN turned green after a long negative correction. Notice where the high volume accurred.

JSE Stocks

JSE All Shares

The JSE All Shares remains in negative territory as it touched bottom support.

Gold-$

AU now made a high wave candle on its $4000 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.

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