TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- US and Iran deadlocked over Hormuz after Trump extends truce.
- Iran tankers go dark to sail past US blockage laden with oil.
MarketWatch:
- Tesla’s stock turns lower after earnings call.
- IBM’s stock falls as software revenue underwhelms.
- Stocks open higher, shrugging off reports of Iranian cargo ship attacks.
- Adobe is betting a quarter of its value against the so-called SaaSpocalypse.
- Google debuts two custom chips in latest bid to challenge Nvidia’s dominance.
yahoo! finance:
- Tesla beats on earnings, signals massive capex push.
- Elon Musk says Optimus robots will be ‘biggest product ever’.
- Stocks rise after Trump extends US-Iran ceasefire indefinitely.
- GE Vernova stock soars on strong quarter, guidance raise.
Trump extends US-Iran ceasefire indefinitely on Pakistan’s request to allow for diplomatic efforts. Trump requests a $ 1,500,000,000,000 military budget.
Global Indexes
S&P 500
The S&P 500 closed at a new high with futures negative.
DAX
The DAX touched its EMA8 and 200 DMA line supports simultaneously.
HANG SENG
The HANG SENG touched its EMA8 support with its major 50 DMA and 200 DMA supports just below.
NYSE & NASDAQ Stocks
Micron Technology Inc
After hesitating at top resistance MU broke it with a 8.5% gain.
Advanced Micro Devices Inc
Not far behind was AMD with its 6.7% gain, leaving the average estimate of analysts behind.
JSE Stocks
JSE All Shares
The JSE All Shares closed with an uncertain high wave candle just below its 50 DMA support.
SasolVodacom Group Ltd
Sasol was the winner as it followed the higher Brent price.
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.
