TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Iran war leaves global economic leaders searching for answers.
- Israel warns Iran it will escalate and expand attacks.
- The UAE is ramping up oil exports from a vital port that lies outside the Strait of Hormuz.
- Economists see war pushing US inflation above 3%, hurting growth.
MarketWatch:
- US stock futures sink, oil prices surge as Iran war shows no sign of letting up.
- Is Trump losing his grip on the stock market? Sustained losses suggest the president’s influence has waned.
- Nasdaq sinks deeper into correction territory as US stocks stumble at Friday’s open.
yahoo! finance:
- Stocks end week at lows, Nasdaq goes deeper into correction.
- Meta and Google’s social media addiction legal troubles aren’t over.
- ‘Mag 7’ stocks wipe more than $850 billion in value.
- House rejects Senate bill to end shutdown.
Iran claims one million fighters are primed for US invasion. President declares Iran must ‘open up the Strait of Trump’.
Global Indexes
S&P 500
The S&P 500 is now close to wiping out all the gains of the past year.
DAX
The DAX has already wiped-out gains of the past year.
HANG SENG
The HANG SENG is following suit.
NYSE & NASDAQ Stocks
Exxon Mobil Corporation
The oil price is driving XOM past top resistance.
Micron Technology Inc
The correction of MU stalled with a high wave candle.
JSE Stocks
JSE All Shares
The JSE All Shares also did not escape the war but is still managing to stay above its 200 DMA support (orange line).
Anglo American PLC
Uncertainty remains as AGL made a hammer candle after the high wave candle.
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.
