TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Chinese optical stocks slide on report of proposed US import ban.
- AMD shares slide after AI growth outlook underwhelms investors.
MarketWatch:
- SpaceX’s stock falls after earnings.
- Dow, S&P 500 close at record highs; Nasdaq surges as tech stocks rally.
yahoo! finance:
- OpenAI says models breached boundaries during outside testeing.
- Oil holds two-day drop on signs of progress toward Hormuz deal.
SpaceX’s shares fell as investors looked past the stronger-than-expected results and focused on the rocket company’s heavy capital spending.
Global Indexes
S&P 500
The S&P 500 broke top resistance with a gap.
DAX
The DAX closed for a second day above its top resistance.
HANG SENG
The HANG SENG is currently struggling to stay above its strong positive trend.
NYSE & NASDAQ Stocks
Palantir Technologies Inc
PLTR made a massive 29.5% breakaway gap past resistances.
Caterpillar Inc
CAT also made a breakaway gap but retreated against its 50 DMA resistance.
JSE Stocks
JSE All Shares
The JSE All Shares is following global markets higher to close just below its 200 DMA resistance.
Valterra Platinum Ltd
VAL closed above its 200 DMA resistance with its current rally.
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.
