TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- UN Nuclear watchdog confirms activity at Iran’s Pickaxe Mountain.
- Meta upgraded at JPMorgan as Muse highlights better AI position.
- DeepSeek’s new low-cost model deals a fresh blow to OpenAI, A.ai.
MarketWatch:
- Investors are missing the good news right in front of them, Wall Street strategist argues.
- Wholesale inflation stirred up again by Iran conflict and higher oil prices.
- Oracle’s AI bet pays off as cloud momentum helps drive a rosier forecast.
yahoo! finance:
- Trump’s $5,000 midterm ‘dividend’ is at least his fourth promise of cash for all Americans.
- Wall Street says Apple’s iPhone Duo has 2 problems.
- TSMC revenue rises 53% as AI chip demand outstrips supply.
- Wall Street braces for August inflation report.
Trump promises $5,000 checks if Republicans win the midterms, with no details of how to fund it. He also teased tariff and ‘DOGE’ dividends last year that never came.
Global Indexes
S&P 500
The S&P 500 closed with a doji just below its 50 DMA.
DAX
The DAX is busy with leg c of its abc correction below its 50 DMA.
HANG SENG
The HANG SENG gapped down below its 50 DMA support.
NYSE & NASDAQ Stocks
Intel Corporation
INTC corrected 5.6% to close on its 50 DMA support.
Apple Inc
AAPL made a bounce on its 50 DMA support after the release of its new iPhone.
JSE Stocks
JSE All Shares
The JSE All Shares followed global markets lower to close below its 200 DMA support.
BRENT
BRNT made another strong gap to close at $108.44.
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.
