TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- China’s GDP price gauge turns positive after years of deflation.
- Russia struggles to sell all the oil it’s being forced to export.
- Apple gets rare bear rating as keyBanc downgrades on demand risk.
MarketWatch:
- JPMorgan beats profit expectations by the most in five years, as equity-markets revenue surges.
- Wall Street has set a sky-high bar for companies to clear this earnings season. They just might pull it off.
- Bank of America’s stock falls despite earnings beat.
yahoo! finance:
- Inflation sees largest single-month decline since April 2020.
- SoftBank CEO says $5 trillion a year needed to meet AI demand.
- IBM stock’s worst day in 50+ years.
- Big bank CEOs say mega AI deals will keep coming.
Trump says US will be ‘guardian angel of Hormuz and Iran will pay us’. IBM stock collapsed 25% after the company preannounced its Q2 earnings results.
Global Indexes
S&P 500
The S&P 500 is still inching towards top resistance above its EMA8 line.
DAX
Its 50 DMA is still acting as support for the DAX.
HANG SENG
After a few uncertain days the HANG SENG is moving positively again.
NYSE & NASDAQ Stocks
Goldman Sachs Group Inc
GS exploded upwards past its top resistance.
International Business Machines Corp
The 25% sell-off graph of IBM. Notice where FrontRunner broke down.
JSE Stocks
JSE All Shares
The JSE All Shares made a hammer candle on support.
BRENT
The price of BRNT is lifting as Strait of Hormuz remains unresolved.
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.
