TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- China’s exports surge tops forecasts as AI propels booming trade.
- SpaceX IPO may deliver Middle East investors’ first AI windfall.
- The big picture backdrop for stocks looks messy.
MarketWatch:
- Inflation could top 4 % this week. The bond market wants new Fed Chair Warsh to prove he’ll fight it.
- Intel’s stock soars as the company ‘s ‘blue-chip roster’ of customers looks to be growing.
- Tech’s record pullback is just a ‘healthy reset’ for the bull market, according to Morgan Stanley’s top stock-market strategist.
- Global oil prices erase most gains as Iran announces end of current attacks after exchanging fire with Israel.
yahoo! finance:
- Apple gets second shot at its AI rollout at WWDC.
- OpenAI makes first move toward going public.
- Apple pitches a more personal, easier-to-use AI.
Trump storms out of NBC interview after fact checks on election claims. Trump now falsely claims that he didn’t campaign on ending wars.
Global Indexes
S&P 500
The S&P 500 made an outside/inside formation with futures currently positive.
DAX
The DAX is still dipping towards its moving averages support while they are making a golden cross.
HANG SENG
The HANG SENG made its correction with a gap and long-legged high wave candle. If it makes a turn with this candle combination it can be seen as an exhaustion gap.
NYSE & NASDAQ Stocks
Micron Technology Inc
MU made a strong +9.9% bounce to close with an uncertain high wave candle.
Intel Corporation
Similar for INTC with a +11.2% bounce.
JSE Stocks
JSE All Shares
The JSE All Shares closed with an uncertain high wave candle that could signal a turn.
Capitec Bank Holdings Ltd
CPI made an inverted hammer candle on its 50 DMA support.
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.
