Fortescue
NASDAQ & S&P500
US May retail sales missed consensus amid a pullback in auto sales. May industrial production also unexpectedly declined as manufacturers struggled for traction against cooling demand.
NASDAQ: holding above support.
S&P500: Lower high in place and stop loss required on a reversal through 6059
ASX200
18/6 update: The price action is below the 8566 lower high formation.
S&P/ASX is under the red arrow, but it’s not until we have adverse price action on the US indices that we’d shift to short exposure.
(ASX:BBOZ} : Update 18/6: Buy BBOZ with a stop loss at $23.06
AMP
AMP : Add to watchlist and buy on a close above the 10-day average. The earnings outlook supports a high share price target.
Guzman Y Gomez
Guzman Y Gomez : Add to watchlist
Dimerix
Dimerix is under Algo Engine buy conditions.
ASX
ASX is under Algo Engine buy conditions.
ZScaler
Zscaler, Inc. – Common is under Algo Engine buy conditions.
Jamie Dimon warns U.S. economy could soon ‘deteriorate’
The impacts of the pandemic-era government spending and monetary policy that helped support the U.S. economy have faded, and that makes the country vulnerable to a downturn in the coming months
“I think there’s a chance real numbers will deteriorate soon,” Dimon said at a Morgan Stanley conference on Tuesday, according to a transcript from FactSet.
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