Stumbling Stock Rally

TAGS: Technical Analysis Software

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News in Brief

  • Airbus loan revives subsidy debate with US and Boeing.
  • Philip Morris trims forecast on currencies, Iran war costs.
  • OpenAI plans to spend over $30 billion on Georgia Data Center.

MarketWatch:

  • Tesla earnings send the stock lower.
  • Alphabet earnings show huge surge in Google parent’s capex.
  • IBM just cut its outlook, but not by as much as investors feared.
  • A US natural-gas shortage is now on the horizon.

yahoo! finance:

  • Google falls as capex growth spooks investors.
  • Stumbling stock rally looks to earnings for second half boost.
  • Oracle cuts 21,000 employees during AI spending spree.
  • IBM CEO addresses earnings shortfall and historic stock plunge.

Oil rises after 11th night of resumed US and Iran strikes.

Global Indexes

S&P 500

The S&P 500 closed with an uncertain doji.

DAX

The DAX closed above its EMA8 line to be in positive territory.

HANG SENG

Profit taking stepped in for the HANG SENG after recent gains.

NYSE & NASDAQ Stocks

Super Micro Computer Inc

SMCI made a breakaway gap to close 19.6% higher.

Deere Company

DE made a W formation on its 50 DMA support.

JSE Stocks

JSE All Shares

The JSE All Shares lifted its head on its 109000 major support.

Harmony Gold Mining Company Ltd

Gold shares were the winners on the JSE with HAR the leader closing on its 50 DMA resistance.

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.

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