TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Siemens launches fresh AI reinvention drive to boost returns.
- US says China to buy 10 million tons of coal in 2027 and 2028.
- Trump pulls out all the stops for Xi but summit yields few results.
- Japan’s defense buildup won’t rattle markets, government adviser says.
MarketWatch:
- A ‘death cross’ is coming for the dollar. Trump will be happy.
- Microsoft’s stock has roared back to life, closing at its highest level of the year.
- Tesla’s stock falls as launch of Semi truck fails to excite investors.
- China is playing a different game when it comes to AI.
yahoo! finance:
- US-China summit ends with little progress on trade and AI.
- Trump says Xi liked renaming artificial as ‘super intelligence’.
- Oracle’s $200 billion data center plan falls apart.
- Oil rises as Iran says it won’t
Trump trolls Iran with photo of ‘Trump Strait’ minutes after rejecting 7-day ceasefire deal.
Global Indexes
S&P 500
The S&P 500 was moving sideways between 7300 to 7600 for 6 weeks. It is now for 5 weeks between 7600 and 7800.
DAX
The DAX has nine uncertain candles in eleven day. The latest one is a high wave candle on its EMA8 line.
HANG SENG
The HANG SENG is still correcting and closed with a long-legged doji and gap (exhaustion gap?).
NYSE & NASDAQ Stocks
Microsoft Corporation
Looks like MSFT is aiming for the analysts’ average price of $550.
Oracle Corporation
ORCL is having a hard time and trading below its 50 DMA again.
JSE Stocks
JSE All Shares
The JSE All Shares is still correcting and moving into extreme oversold territory. Frontrunner is also in a negative trend.
Clicks Group Ltd
CLS is still sitting on its 50 DMA with uncertainty about its next move.
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.
