TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- JPMorgan’s traders flip to bullish view on US stocks ahead of jobs report.
- Nvidia boosts share buyback by a record $150 billion.
- Nvidia debuts system designed to stop AI agents from going awry.
- Gold trades near seven-week low as rate-hike pressure mounts.
MarketWatch:
- SpaceX sends its Starship rocket to orbit for the first time.
- Micron could dethrone Nvidia and become the biggest driver of S&P 500 profit growth.
- AMD makes a big bet on the next era of AI with World Labs acquisition.
yahoo! finance:
- Big Tech workers speak out after getting laid off.
- Tesla finally moves to electrify trucking.
- Asian shares trade mixed as oil prices rise.
- Oil extends gain as Iran uncertainty outweighs Saudi Pipe return.
Oil prices spike after Trump rejects Iran truce offer.
Global Indexes
S&P 500
The S&P 500 is still correcting closing below its short term EMA8 line but above its 50 DMA.
DAX
The DAX closed below its EMA8 line and 50 DMA with its correction.
HANG SENG
Similar for the HANG SENG making two turning candles next to each other.
NYSE & NASDAQ Stocks
Nvidia
NVDA announced largest stock buyback in history. It however made a high wave candle close to top resistance similar to 15 days earlier.
Boeing Co
BA has dropped 23.7% from its recent high leaving analyst’s prediction of $275 far behind.
JSE Stocks
JSE All Shares
The JSE All Shares followed global markets lower. It closed in extreme oversold territory on an important support.
Clicks Group Ltd
We added some analyst’s info to the CLS graph. Do notice that we are in extreme overbought territory.
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.
