TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- US manufacturing output stalls for the first time this year.
- SpaceX and OpenAI are ending Wall Street’s era of stock scarcity.
- Netanyahu pays a political price for Trump’s Iran deal.
MarketWatch:
- Elon Musk makes sky-high trillion-dollar forecast for SpaceX revenue.
- SpaceX’s stock jumps as the company reveals its IPO has raised another $10.7 billion.
- SpaceX employees now have enough wealth on paper to buy every home in Texas city.
yahoo! finance:
- US stock futures drift ahead of Warsh’s first Fed meeting as chair.
- Stocks soar after US and Iran reach ceasefire deal.
- Bitcoin recovers to $66,000, but one analyst warns of a ‘dead-cat bounce’.
Musk says SpaceX could bring $1 trillion in revenue by 2030.
Global Indexes
S&P 500
The S&P 500 made a breakaway gap after the Iran deal.
DAX
The DAX made its gain also with a gap.
HANG SENG
The HANG SENG managed to close above its EMA8 resistance line.
NYSE & NASDAQ Stocks
Space Exploration Technologies Corp
SPCX smashed its listing high with another 19.6% gain to close at a high of $192. Elon Musk is making a fortune with this listing.
Micron Technology Inc
MU is touching its top resistance with its 10.8% gain.
JSE Stocks
JSE All Shares
The JSE All Shares also followed global markets higher to close on its 50 DMA after breaking its 200 DMA resistance.
Impala Platinum Holdings Ltd
IMP is gaining from a very low base. All its resistances are waiting above.
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.
