TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Samsung set to top phone market in downturn, Counterpoint says.
- US jobless claims edge lower in sign of steady job market.
- Meta has quietly become one of Microsoft’s largest AI customers.
MarketWatch:
- Moderna’s personalized mRNA shot could reshape the fight against skin cancer – but it may also be overhyped.
- Walmart’s stock slides as US sales are hit by falling drug prices.
- The national US debt just hit $40 trillion.
yahoo! finance:
- Stocks close down as bond relief evaporates.
- Gains in AI company stakes juice Q2 earnings for S&P 500.
- Stocks dip as bond yields and oil rise, Walmart earnings drag on retail.
Trump announces ‘crushing economic operation’ against any country that does business with Iran.
Global Indexes
S&P 500
The S&P 500 continued its correction for the 5th day.
DAX
The DAX’s correction entered its 4th day.
HANG SENG
The HANG SENG made a breakaway gap to close on its 200 DMA resistance
NYSE & NASDAQ Stocks
Deere Company
DE made a long-legged high wave candle against its negative trend line r.
Wal-Mart Stores Inc
Increased spending outweighed the positive revenue news for WMT to make a breakaway gap downwards.
JSE Stocks
JSE All Shares
The negative global markets caused the JSE All Shares to make a long-legged small body candle – still above its 200 DMA.
Impala Platinum Holdings Ltd
Similar for IMP with a long-legged doji.
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.
