TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Stock selloff extends to Asia on growth concerns.
- Stock meltdown fuels worst Nasdaq day since 2022.
- Volatility traders revel in S&P 500’s wild tariff-driven swings.
- JX Metals raises $3 billion for Japan’s biggest IPO since SoftBank.
MarketWatch:
- Apple and Nvidia led Monday’s $750 billion tech wreck.
- Stock market’s worst day of 2025 is stoking Nasdaq bear-market fears.
- Canada gets new leader, but don’t bet on quick Trump tariff truce.
- Dow, S&P and Nasdaq moving sharply lower after Trump refuses to rule out recession.
- Stock-market uncertainty can trigger panic selling.
yahoo! finance:
- Goldman is latest to grow more pessimistic on US economy.
- Mark Carney: Canada’s tariffs to stay until US shows ‘respect’.
- ‘Magnificent 7’ lead markets lower as ‘growth scare’ risks rise.
- Nasdaq 100 breaches key level as tech sell-off gains momentum.
- Novo falls after new-generation shot struggles in diabetes trial.
Trump’s confused, on-again, off-again rulings on tariffs have rattled the markets. Markets hate uncertainty and even Trump himself doesn’t appear to know exactly how his system of tariffs will work or what he is going to do next.
Global Indexes
S&P 500
The S&P 500 broke down below its 200 DMA support into all negative territory.
DAX
The DAX retreated to below its EMA8 line.
HANG SENG
The HANG SENG started to retreat to after the long-legged small body candle.
NYSE & NASDAQ Stocks
Tesla Inc
TSLA made the biggest correction and has been doing so since December 2024. It is also in all negative territory.
Apple Inc
Apple still managed to close above its 200 DMA support, but will it hold?
JSE Stocks
JSE All Shares
The JSE All Shares also started to retreat.
Anglo American PLC
AGL also broke its 200 DMA support with its 4.3% drop.
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.
