TAGS: Technical Analysis Software
Free Subscription: Subscription is necessary to receive an email when market reviews are posted.
News in Brief
Bloomberg:
- South Korea Turns more bullish on economy as chip boom rolls on.
- EU agreement on next Russia sanctions package remains elusive.
- Apple’s lawsuit threatens to disrupt OpenAI’s bid to rival the iPhone.
- Intel invests € billion in Irish hub to keep up in AI chip race.
MarketWatch:
- The US is maxing out its strategic oil reserves as Trump vows to control the Strait of Hormuz.
- Biggest and ‘least loved’ stocks are the ones to pick ahead of earnings.
- Dow, S&P 500 and Nasdaq decline as Iran says Hormuz is closed.
yahoo! finance:
- Trump vows to charge 20% ‘on all cargo shipped’ in renewed Hormuz blockage, oil spikes.
- Morgan Stanley sees profit boost for stocks beyond tech.
- Meta’s Louisiana data center to top $250 billion.
- US and Iran trade fresh strikes, dispute whether Hormuz is open.
Trump launches more strikes on Iran in effort to secure Strait of Hormuz amid attacks on ships.
Global Indexes
S&P 500
The S&P 500 managed to close above its EMA8 line after correcting.
DAX
The DAX remained below its EMA8 resistance.
HANG SENG
The HANG SENG made two high wave candles next to each other.
NYSE & NASDAQ Stocks
Chipotle Mexican Grill Inc
CMG broke all resistance with its latest rally to close above its 200 DMA.
Eli Lilly and Co
The correction of LLY stalled with a long-legged doji on support.
JSE Stocks
JSE All Shares
The JSE All Shares is just as confused as global markets with a hammer candle.
Sasol Ltd
With the latest Hormuz uncertainties Sasol is lifting its head again.
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.
