TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Jobless tech workers are being left out of San Francisco’s AI boom.
- AI data center developer LIAN eyes IPO to raise $500 million.
- Anthropic says Claude drives 26% of its research and development.
MarketWatch:
- Stocks could still advance after a Fed hike, according to a Wall Street strategist.
- Wall Street is betting Trump backs down on Iran.
- Saudi Arabia is now pushing to export more oil through the Strait of Hormuz.
yahoo! finance:
- Stocks rise as Fed rate hike pacifies market’s inflation worries.
- Traders eye Xi-Trump meet for clues on AI rivalry, yuan outlook.
- Trump backs Fed’s Warsh following rate hike.
Russia says new US sanctions, if signed by Trump, would make Ukraine peace deal harder.
Global Indexes
S&P 500
The S&P 500 gained past its 50 DMA and EMA8 resistances.
DAX
The DAX closed above EMA8 resistance but still below its 50 DMA.
HANG SENG
The HANG SENG closed on its 24600 level and is currently trading at 24775.
NYSE & NASDAQ Stocks
Super Micro Computer Inc
SMCI gained 9.5% with a breakaway gap.
Micron Technology Inc
MU also made a breakaway gap and is a long way from analysts’ prediction of $1513.
JSE Stocks
JSE All Shares
The JSE All Shares now has 3 turning candles sitting on its 50 DMA support.
Clicks Group Ltd
After a very long negative trend CLS is showing signs that it can break its 50 DMS resistance. Notice the high volume.
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.
