Micron $9 Billion Plant Expansion

TAGS: Technical Analysis Software

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News in Brief

  • Trump’s war means higher global interest rates for years to come.
  • Weaker commodity prices set to tip Australia into trade deficit.
  • Macron’s budget finale augurs more political chaos in France.
  • Micron breaks ground on $9 billion plant expansion in Japan.

MarketWatch:

  • US stock futures rise as Wall Street looks to extend its rally coming off the holiday.
  • Dow at record level heading into July despite tepid jobs report.
  • OpenAI reportedly considers handing 5% stake to US government.

yahoo! finance:

  • Oil has powered the US for 75 years. That’s about to change.
  • JPMorgan says AI chip rally could slow as hyperscalers close the performance gap.
  • Elon Musk caps Tesla staff’s AI spending.
  • Oil drops as flows in Hormuz persist and OPEC+ flags more supply.

Assassination fears gripped White House as Israel staged plot to kill Iran’s peace negotiators.

Global Indexes

S&P 500

The S&P 500 remains uncertain with a long-legged high wave candle. Futures are positive.

DAX

The DAX advanced further to close the day with an uncertain doji.

HANG SENG

The HANG SENG broke its EMA8 resistance to close above it with its current rally.

NYSE & NASDAQ Stocks

Microsoft Corporation

The MACD of MSFT just turned green.

Chipotle Mexican Grill Inc

CMG has reached its 200 DMA resistance in extreme overbought territory.

JSE Stocks

JSE All Shares

The JSE All Shares moved positive with all the global markets that were not closed on Friday.

Impala Platinum Holdings Ltd

IMP is lifting from a P2 Power Divergence Signal (purple lines). Its MACD is busy turning green too.

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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