TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Stocks sink as tariff back-an-forth roils trading.
- European bonds sell off amid German market swings.
- Nasdaq reel from weak results, AI worries.
MarketWatch:
- Nasdaq falls into correction as S&P 500 tests ‘line in the sand’.
- Shares of Starlink’s European competitor have tripled. CEO says it can do the job in Ukraine.
- US jobless claims recede from 3-month high, but federal-worker filings surge.
- Walgreens will go private after its $10 billion private-equity buyout.
- Costco says customers could stay cautious due to inflation and tariffs.
yahoo! finance:
- Gap CEO on Trump tariffs: We are monitoring them on an hourly basis.
- Stocks sink amid tariff turmoil, economic worries.
- US trade deficit surged to record ahead of Trump tariffs.
It is difficult to keep up with the volatility in markets due to Trump decision swings.
Global Indexes
S&P 500
The S&P 500 is about to test its 200 DMA in its correction path.
DAX
The DAX is still steaming ahead, not bothered by the US corrections.
HANG SENG
After the hammer candles the HANG SENG made a breakaway gap and followed it up with another gap.
NYSE & NASDAQ Stocks
Alibaba Group Holdings Ltd
BABA stalled at top resistance. We will have to see today if it can break it.
Deere Company
DE broke its negative trend line with a 3.3% gain.
JSE Stocks
JSE All Shares
The JSE All Shares is following Euro and Asia stocks higher. It also retreated when nearing top resistance.
Northam Platinum Holdings Ltd
NPH smashed its 200 DMA resistance with a 10.8% gain.
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.
