TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Bessent says ‘We’ll See’ on potential Iran sanctions relief.
- US merchandise-trade deficit narrows on rise in exports.
- Fed’s Bowman says too soon to judge inflation impact of Iran war.
MarketWatch:
- Jerome Powell warns that politicizing Fed will erode its credibility.
- Space stocks are falling after a Blue Origin rocket explodes and SpaceX’s valuation geta a reality check.
- Lilly’s GLP-1 medications will soon be covered by CVS, potentially opening access for millions of Americans.
yahoo! finance:
- Tech powers stocks to winning month.
- Lilly just cemented its status as Wall Street’s ultimate weight-loss play.
- Trump doubles down on his Strait of Hormuz red line.
Americans do not trust Trump to win the Iran war. To watch this week: A jobs report, more big chip earnings and sticky inflation.
Global Indexes
S&P 500
The S&P 500 closed with an uncertain doji.
DAX
The DAX now has two uncertain doji’s next to each other.
HANG SENG
Even the HANG SENG closed with a doji.
NYSE & NASDAQ Stocks
Microsoft Corporation
MSFT made a breakaway gap. Analysts give it a strong buy with target of $570. It had the 3rd highest money turnover for the day.
salesforce.com Inc
CRM is making its J-curve with a very large volume turnover.
JSE Stocks
JSE All Shares
The JSE All Shares is still held with its resistance lines above. This time with a high wave candle touching its 50 DMA resistance.
BRENT
The BRENT made a hammer candle in oversold territory. An Iran deal or not will determine its next move.
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.
