TAGS: Technical Analysis Software
Free Subscription: Subscription is necessary to receive an email when market reviews are posted.
News in Brief
Bloomberg:
- China’s soybean feud with Trump leaves US farmers with huge crops and few buyers.
- In a rare move, an EU Summit begins with an agreement.
- Russia seeks oil sanctions workaround to offset hit to budget.
- Shoplifting offenses rise 13% as UK retailers battle crime wave.
MarketWatch:
- Intel’s stock is climbing as earnings show a turnaround slowly taking hold.
- Google’s new Anthropic deal is a validation moment for this under-the-radar asset.
- Ford has a secret weapon that could help its earnings as EV concerns swirl.
- Gold just stumbled. A JPMorgan strategist says the metal could double in value. Goldman Sachs is bullish too.
- Tesla faces demand challenges, but it’s less an ‘EV story’ now, Mizuho says.
yahoo! finance:
- CPI inflation set to quench data-starved investors’ thirst.
- AI is keeping the US economy out of a recession.
- The US could be ‘weeks away’ from a rare earth’s crisis.
- Oil surges as Trump ramps up Russia pressure with sanctions.
- US sanctions on Russian oil giants send shockwaves across China.
S&P 500 and Nasdaq closed higher as Tesla and IBM struggle after earnings, while oil prices jump.
Global Indexes
S&P 500
The S&P 500 is eyeing top resistance again with the futures currently positive.
DAX
The DAX made an uncertain long-legged doji on its EMA8 line support.
HANG SENG
The HANG SENG made an engulfing bull candle to close on support. Asia markets are all positive this morning with the Hang Seng 0.49% stronger.
NYSE & NASDAQ Stocks
Halliburton Company
HAL is still moving like a rocket with a weekly gain of 24.7%.
.
NVIDIA Corporation
NVDA is busy building a launching platform on its 50 DMA support.
JSE Stocks
JSE All Shares
The JSE All Shares took the positive route after an uncertain a long-legged doji.
Sasol Ltd
SOL made an almighty breakaway gap with its 17.2% gain to close above its 50 DMA.
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.
