TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- prices fuel fresh acceleration in Russian inflation.
- Fed vows to deliver price stability in monetary policy report.
MarketWatch:
- The stock-market rally now hinges more on AI than oil.
- Meta’s stock roars back to life, notches its best week in years.
- Apple sues OpenAI for alleged theft of confidential info – and says that’s just ‘the tip of the iceberg’.
- The space race is on as China takes a big step toward rivaling SpaceX.
yahoo! finance:
- Earnings season kicks off as a wave of inflation data arrives this week.
- Stocks rise to cap choppy week.
- Volkswagen to scrap half of product lineup as China, EV pressures mount.
- Oil tankers still cross Hormuz on Oman side despite flare up.
- US eases export curbs on UAE, opening door for AI chip sales.
Mark Zuckerberg reveals Meta’s plans to offset massive AI spending. Iran attacks Gulf states to impose its Hormuz battle lines.
Global Indexes
S&P 500
The S&P 500 is still inching towards top resistance.
DAX
Another doji for the DAX on its positive trend line.
HANG SENG
The HANG SENG closed the week higher with a high wave candle.
NYSE & NASDAQ Stocks
Meta Platforms Inc
META surged past its 200 DMA resistance after their plans were revealed to offset massive AI spending.
NVIDIA Corporation
Not far behind was NVDA with its 4% gain to close above its 50 DMA.
JSE Stocks
JSE All Shares
The JSE All Shares also lifted its head with global markets.
Kumba Iron Ore Ltd
After the hammer candle KIO made a breakaway gap with a P2 Power Signal. Frontrunner’s negative trend line is also broken.
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.
