TAGS: Technical Analysis Software
Free Subscription: Subscription is necessary to receive an email when market reviews are posted.
News in Brief
Bloomberg:
- India says US trade deal hinges on preferential tariff rate.
- Japan Ministries seek larger budget as fiscal concerns mount.
MarketWatch:
- Wall Street is betting on Fed chair Warsh to keep a manic bond market from unraveling.
- Nvidia takes back control of the AI trade as Big Tech nears record highs.
yahoo! finance:
- Volkswagen plans 50,000 more job cuts amid biggest overhaul in its history.
- Nvidia acquires AI platform Hugging Face for $13 billion.
Sam Altman says OpenAI has fumbled communicating AI benefits..
Global Indexes
S&P 500
The S&P 500 broke resistance with a 1.1% gain.
DAX
The DAX made an engulfing bull candle.
HANG SENG
The HANG SENG stalled at resistance but is breaking it this morning.
NYSE & NASDAQ Stocks
NVIDIA Corporation
NVDA is continuing its rally towards top resistance.
Space Exploration Technologies Corp
SPCX has now more data: It closed at an important resistance above its 50 DMA with increased volume.
JSE Stocks
JSE All Shares
The JSE All Shares made an engulfing bull candle closing above its 200 DMA.
Impala Platinum Holdings Ltd
After hesitating at its 200 DMA resistance IMP closed above it with a strong gain.
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.
