TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Tokyo inflation slowdown unlikely to derail BOJ rate hike.
- China export prices climb most in three years on oil shock.
- Hormuz flows may return to normal within month of deal: Iran TV.
MarketWatch:
- An Iran deal could actually trigger a painful stock-market selloff, despite Wall Street’s optimism.
- Dells’s stock soars nearly 40% toward another record high as AI boom drives big earnings beat.
- The Iran war may be winding down – but the era of $60-a-barrel oil could be over.
yahoo! finance:
- US stock futures slide as Wall Street braces for US-Iran update.
- US, Iran agree to 60-day truce renewal pending Trump signoff.
US and Iran reach peace deal pending Trump approval: officials. AI sends stocks to record highs.
Global Indexes
S&P 500
The S&P 500 closed at a new high – marching towards the 8000 target.
DAX
The DAX made an uncertain long-legged doji in anticipation of new direction.
HANG SENG
The HANG SENG closed with a hammer candle and confirmed a direction change with a positive move this morning.
NYSE & NASDAQ Stocks
Microsoft Corporation
MSFT is lagging the AI boom and bounced with a 3.5% gain. Analysts give it a strong buy with target of $570.
Palantir Technologies Inc
PLTR lifted up from a strong base to break its 50 DMA with a 8.2% gain.
JSE Stocks
JSE All Shares
The JSE All Shares also made a hammer candle to hint at a possible direction change.
BRENT
The BRENT price continued its downward trend, still far away from the $60-a-barrel era.
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.
