TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- AI is becoming essential for measuring US inflation and growth.
- Pakistan says US-Iran are close to some arrangements on peace.
- China’s big push to win back tourists is paying off.
MarketWatch:
- CoreWeave’s stock soars as earnings show major AI momentum.
- Bears are in pain as the S&P 500 hits record highs. That may mean more upside for stocks.
- Intel now says it is selling $20 billion of stock.
yahoo! finance:
- July inflation is expected to ease despite energy shocks.
- TSMC, Sony to invest $4.7 billion in joint venture for image sensors.
- AI is changing job interviews by letting candidates interview around the clock.
- Nvidia is developing a new AI model family.
America’s oil reserves are the lowest in 43 years. Stocks close down in late hours amid US-Iran impasse.
Global Indexes
S&P 500
The S&P 500 is moving sideways against top resistance.
DAX
The DAX stalled with a long-legged doji against top resistance.
HANG SENG
The HANG SENG made an engulfing bear candle that closed below its 200 DMA.
NYSE & NASDAQ Stocks
Caterpillar Inc
CAT closed its open window (gap) and shows signs of turning. Its average target is $995.
Eli Lilly and Co
LLY stalled against strong resistance … not enough steam to break it yet.
JSE Stocks
JSE All Shares
The JSE All Shares made a negative piercing candkle in overbought territorystrong positive move to create a doji sandwich.
Sasol Ltd
SOL gained to close above its 50DMA resistance as the price of Brent is rising due to US-Iran impasse.
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.
