TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- China’s NDRC flags weak demand as challenge for Nation’s Economy.
- Russia’s Rosstat struggles to restore systems after Major Cyberattack.
- Chinese producer inflation hits 5.7% for post-covid era high.
MarketWatch:
- The AI trade is now counting on Anthropic’s IPO – but it couldn’t be happening at a worst time.
- Elon Musk opens door for a big SpaceX acquisition.
- Cybertruck’s run comes to an end as Musk kills off pricey pet project.
yahoo! finance:
- AI-powered hacking is getting worse – and that’s before ‘Q-day’.
- Street strategist call stock rout a fresh reason to buy.
- The market bloodbath just exposed Wall Street’s fears about US debt.
Tech stocks are cheaper than the S&P 500 for the first time since 2017.
Global Indexes
S&P 500
The S&P 500 made a long-legged doji after the plunge.
DAX
The DAX made a negative breakaway gap, following the US.
HANG SENG
The HANG SENG made a long-legged highway candle to show its uncertainty.
NYSE & NASDAQ Stocks
Advanced Micro Devices Inc
AMD bounced 11% on its 200 DMA support.
Alibaba Group Holdings Ltd
BABA managed to close above its 50 DMA resistance.
JSE Stocks
JSE All Shares
The JSE All Shares stalled with a long-legged hammer candle.
BRENT
BRNT closed below a $100 a barrel.
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.
