TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- China’s factory activity expands despite pressures from war.
- Fed Chair pick Kevin Warsh wins key Senate Committee vote.
- Warsh’s path to lower rates is riddled with hurdles.
MarketWatch:
- Global oil tops $115 a barrel as Strait of Hormuz standoff threatens supplies.
- Amazon is back in Wall Street’s good graces.
yahoo! finance:
- ‘Mag 7’ earnings show AI spending isn’t slowing.
- Alphabet stock rises after earnings beat on cloud growth.
- Meta stock falls on AI spending plans despite earnings beat.
- Fed ‘firmly parked’ on interest rate pause.
- Oil surges as White House signals it will continue Hormuz blockage.
- Exclusive – Only Elon Musk can fire Elon Musk from SpaceX, filing shows.
Trump appears to settle in for lengthy Strait of Hormuz standoff. Wall Street has a new nickname for Trump: NACHO.
Global Indexes
S&P 500
The S&P 500 closed with another uncertain doji ahead of earnings results.
DAX
The DAX dipped below its 200 DMA to sit on its 50 DMA support.
HANG SENG
The HANG SENG broke its negative trend and is continuing its positive move today.
NYSE & NASDAQ Stocks
Intel Corporation
INTC is continuing its strong move after reporting earnings beat and strong outlook 3 days earlier.
Visa Inc
V broke all resistances with a 8.3% breakaway gap.
JSE Stocks
JSE All Shares
The JSE All Shares made uncertain high wave candle while still correcting.
Sasol Ltd
Sasol is about to test top resistance as Strait of Hormuz standoff threatens supplies.
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.
