Wrong Kind of Pain by Trump

TAGS: Technical Analysis Software

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News in Brief

Bloomberg:

  • Asian stocks trim gains as China drops upon reopen.
  • Tech hit in late hours as Alphabet, AMD tumble.
  • Meta adds $240 billion of value in longest winning streak.
  • Strong US dollar may worsen $54 billion exodus from emerging Asia stocks.

MarketWatch:

  • AMD comes up short in a key segment – and that’s pressuring its stock.
  • Alphabet’s stock slide in the wake of a revenue miss and huge AI spending target.
  • Chipotle’s sales have been ‘volatile.’ Can new menu items, kitchen upgrades and AI smooth things out?
  • Stock Market’s wild ride on Monday could be a microcosm of what to expect in 2025.

yahoo! finance:

  • Alphabet’s slumping cloud sales spook investors.
  • Trump in tariff tit-for-tat with China, set to speak with Xi.
  • Pfizer beats profit estimates on heart disease drug, COVID sales.
  • Estee Lauder to eliminate up to 7,000 jobs in corporate overhaul.
  • Trump Vows to punish South Africa over expropriation law.

Stocks steady as trade worries ease, but with the Trump administration you are not sure of what comes next.

Global Indexes

S&P 500

The S&P 500 managed to climb back and close just above its EMA8 line.

DAX

The DAX also managed to close just above its EMA8 line.

HANG SENG

The HANG SENG lifted off support to extend its positive rally.

NYSE & NASDAQ Stocks

Exxon Mobil Corporation

XOM made a strong bounce on support, still closeng below resistances.

Estee Lauder Companies Inc

EL started a new downward spiral with a breakaway gap. Notice where we had a P2 Power Signal.

JSE Stocks

JSE All Shares

The JSE All Shares followed the global trend higher.

Northam Platinum Holdings Ltd

NPH is continuing its positive trend together with all platinum shares.

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.

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