TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Dollar wavers as inflation aids Fed hike bets while oil falls.
- Ambitious plan to revive a defunct African oil refinery.
- Anthropic says Iran, Russia used Claude for weapons research.
- Nvidia mulls $10 billion Anthropic IPO backing Reuters says.
- Trump ally says US underestimates China tech sector after visits.
MarketWatch:
- Hotter-than-expected ‘core’ inflation boosts chances of Fed interest-rate hike.
- Bridgewater investment chief says AI could wipe out humanity.
- US oil prices fall for first time in 2 weeks, providing a relief to stock investors.
yahoo! finance:
- BofA strategist warn of stock volatility as outflows hit US.
- Anthropic: AI could bring both 15% growth and mass unemployment by 2030.
- SpaceX reveals timeline for launching data centers in space.
Surge in activity reported at Iran nuclear site Trump threatened. The US has made progress in reopening the Strait of Hormuz, but the Iran war is far from over.
Global Indexes
S&P 500
The bounce of the S&P 500 closed on its EMA8 resistance.
DAX
The DAX bounced on a long-term trend line, still below resistances.
HANG SENG
The HANG SENG was still correcting, closing with a hammer candle.
NYSE & NASDAQ Stocks
Super Micro Computer Inc
SMCI bounced the most with its 7.3% gain. Analysts only give it an average target of $42.
Caterpillar Inc
CAT now has 4 uncertain candles next to each other with an average target price of $995.
JSE Stocks
JSE All Shares
The JSE All Shares made a long-legged high wave candle to show its uncertainty. Notice that that FrontRunner is still heading down with the market’s sideways movement.
BRENT
BRNT made an engulfing bear candle in overbought territory, still closing above $100.
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.
