TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- S&P 500 gets late-day boost at end of wild week.
- ‘Trump Put’ Looms as S&P reverses election rally, BofA says.
- Tesla’s 40% plunge burns Koreans who plowed into leveraged ETFs.
MarketWatch:
- US stocks had a rocky February under Trump’s return. Should investors be worried about March?
- Trump’s ‘World War III’ warning to Zelensky rattled stocks.
- Trump’s move to boost the US copper market is a ‘pipe dream’ that could raise prices.
- People are worried about their jobs. (Trump again)
- Walmart’s earnings failed to please investors. Can Costco and other retailers do better?
yahoo! finance:
- Ukraine mineral deal in limbo after Trump-Zelensky yelling match.
- Mexico has proposed matching US tariffs on China, Bessent says.
- Investors who piled billions into bitcoin ETFs are suddenly fleeing.
- Big Tech quantum computing could change the ‘paradigm’.
- Xi prepares to unveil China stimulus plan as trade war heats up.
Zelensky had a blowup with Trump ‘theater’ sparking a selloff on markets (Two dictators talking?). During late day trading we had a boost on markets amid hopes a deal could be reached.
Global Indexes
S&P 500
The S&P 500 made a piercing candle after the Trump-Zelensky Yelling Match. Notice how accurately the P1 Power signal are showing the cyclic moves ignoring the political volatility.
DAX
The DAX remains uncertain about its next move. Again, notice the P1 Power Signals.
HANG SENG
The HANG SENG broke its EMA8 and positive trend lines. We show for this graph the P2 Power Signal.
NYSE & NASDAQ Stocks
Bank of America Corp
After the hammer and doji candles together with a P1 Power Signal, BAC took off with a 4.5% gain to close above its 50 DMA.
Tesla Inc
TSLA made an engulfing bull candle on its 200 DMA support. Notice the P1 Power Signal and the divergence that is in place.
JSE Stocks
JSE All Shares
The JSE All Shares was still following global markets lower closing just above its 50 DMA support. Do you spot the abc correction?
Kap Industrial Holdings Ltd
After the engulfing bull candle Kap gained further with a P2 Power Signal to close just below its 50 DMA 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.
