TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Asian stocks fall after AI fears hit Wall Street.
- Stock bulls get AI wake-up call in bruising plunge.
- Stocks swept in global rout as DeepSeek roils tech.
- Deep Seek buzz puts tech shares on track for $1 trillion drop.
MarketWatch:
- Opinion: DeepSeek could present Nvidia CEO Jensen Huang’s worst nightmare.
- Opinion: Will deepSeek deep-six Trump’s stargate AI dreams?
- Nasdaq plummets as DeepSeek fears swept tech sector.
- DeepSeek impact may see market deflate as in dot-com bust, says Deutsche Bank.
yahoo! finance:
- Market panic over DeepSeek is ‘overblown,’ analysts say.
- Nvidia sheds $589 billion, making largest loss in stock market history.
- Trump says Microsoft is in talks to acquire TikTok.
- Nasdaq leads sell-off as AI fears rock techs.
- Sell-off reminds investors of the big risk in Big Tech.
a Chinese AI startup has unveiled a cost-effective AI model that runs on less advanced chips, challenging the dominance of major tech players.
Global Indexes
S&P 500
The S&P 500 made a breakaway gap to close below its EMA8 line but still above its 50 DMA.
DAX
The DAX also corrected but managed to stay above its EMA8 line.
HANG SENG
The HANG SENG is continuing its positive rally.
NYSE & NASDAQ Stocks
NVIDIA Corporation
The drop of NVDA made it close below its 200 DMA. We will have to see if this drop is ‘overblown’.
salesforce.com Inc
In contrary CRM made a strong move due to strong earnings driven by its AI offerings.
JSE Stocks
JSE All Shares
The JSE All Shares remains unsure about the volatility on global markets and made a long-legged hammer candle.
British American Tobacco PLC
BTI had the best day with a 6.4% gain that took it to top resistance.
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.
