TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Australia inflation overshoots estimates boosting hike bets.
- Deutche Bank accelerates AI adoption with new Google Service.
- Indian AI data center firm orders 9,000 Nvidia Vera Rubins.
MarketWatch:
- Option traders are betting on the quietest Nvidia earnings reaction in years.
- The debt-fueled AI build-out may already be too big to fail.
- It’s time to bet big on Nvidia’s stock, says this analyst who thinks the market has it all wrong.
- SpaceX to build Musk’s vision for a spaceport that until now ‘only existed in science fiction’.
yahoo! finance:
- Canada unveils retaliatory tariffs on $20B worth of US goods.
- The Fed doesn’t know who’s financing the $3 trillion AI boom.
- Stocks close up as investors shrug off US-Canada tensions.
Iran hits back at US sanctions and hints it could drag war out for the rest of Trump’s presidency.
Global Indexes
S&P 500
The S&P 500 closed with a doji touching its EMA8 resistance.
DAX
The DAX was more positive sitting with a high wave candle on its EMA8 line.
HANG SENG
The HANG SENG also closed with a high wave candle hanging on its 200 DMA resistance. It is trading currently above this resistance.
NYSE & NASDAQ Stocks
Bank of America Corp
BAC is showing signs of a turn in oversold territory – also with a high wave candle.
Microsoft Corporation
MSFT is busy forming a J-curve on its open window (gap) support.
JSE Stocks
JSE All Shares
With all the uncertainty the JSE All Shares made a long-legged hammer candle.
Standard Bank Group Ltd
SBK made an engulfing bull candle in oversold territory.
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.
