TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- America keeps falling for the short-war fallacy.
- Xi urges shift to prevention in disaster management, Xinhua says.
- Anthropic revenue surges to over $11.5 billion in second quarter.
MarketWatch:
- AI inflation is putting even more pressure on the Fed. Could higher interest rates be next?
- Drone stocks are soaring thanks to Trump’s new tariffs.
- The US national debt is about to reach $40 trillion for the first time – and hit $50 trillion soon after.
yahoo! finance:
- Nvidia’s $500B plan envelops Wall Street in its AI frenzy.
- Sandisk stock surges as Wall Street cheers bullish outlook.
- US readies unprecedented economic measures against Iran.
- Berkshire boosted Alphabet stake by 83% in major-buying push.
Nvidia has $21 billion SpaceX stake, $30 billion in Intel shares.
Global Indexes
S&P 500
The S&P 500 still closed inside the flag its forming in overbought territory.
DAX
Similar for the DAX.
HANG SENG
The HANG SENG is still correcting, slowly moving into oversold territory. It opened strong positive this morning.
NYSE & NASDAQ Stocks
Alphabet Inc
The correction of GOOG stalled with 3 turning candles next to each other on strong support.
META Platforms Inc
Its 50 DMA resistance is still holding META below it.
JSE Stocks
JSE All Shares
The JSE All Shares stalled with an uncertain doji about direction.
Sasol Ltd
The US-Iran war uncertainty is causing volatility for the Brent price. Sasol closed on its 50 DMA resistance touching strong 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.
