TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- China’s consumer inflation stalls even as factory prices surge.
- Bank of France to raise 2026 inflation forecast, Moulin says.
- SpaceX IPO puts Musk’s intertwined global empire under scrutiny.
MarketWatch:
- Inflation is set to hit the highest level since 2023 – and the Fed is back in the hot seat.
- Elon Musk says SpaceX doesn’t need ‘magic’ to put AI data centers up in space.
- Your tech portfolio could be on the wrong side of the AI boom.
- Oracle’s stock has surged on AI hype. Now it has to deliver the earnings to match.
yahoo! finance:
- US stock futures fall as US strikes Iran.
- SpaceX, Google compute deal raises eyebrows ahead of IPO.
- Apple’s WWDC and Siri AI failed to inspire investors.
- BofA warns it’s time to take profits as bear market signals flash red.
The US reportedly launched strikes against Iran on Tuesday after President Trump vowed to attack.
Global Indexes
S&P 500
The S&P 500 made a long-legged high wave candle below its EMA8 line.
DAX
Similar for the DAX.
HANG SENG
The HANG SENG made two turning candles next to each other but is still moving negatively this morning.
NYSE & NASDAQ Stocks
Oracle Corporation
ORCL is correcting ahead of earnings report.
Builders FirstSource Inc
BLDR is rising up out of the ashes to close just below its 50 DMA resistance.
JSE Stocks
JSE All Shares
The JSE All Shares also has two unconfirmed turning candles next to each other.
Capitec Bank Holdings Ltd
After an inverted hammer candle CPI bounced 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.
