TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- S&P 500’s slide brings huge options position into rare focus.
- Traders search for havens as US stock selloff rattles nerves.
- Stocks jolted by Trump’s plans for Canada tariffs.
MarketWatch:
- S&P 500 gets closer to correction territory as investors grabble with Trump tariff fears.
- Dow moves a further 500 points lower after 900-point plunge on elevated recession fears.
- Many in small business were jubilant over Trump’s victory. They’ve since grown very uncertain about the US economy.
yahoo! finance:
- Wall Street braces for inflation report at critical moment for markets.
- The hottest trade on Wall Street: European stocks.
- Trump hikes Canada steel tariffs; Ontario hits back.
- JPMorgan’s Lebovitz eyes dip buying despite 20% recession risk.
Tariffs are causing stock-market panic and leading investors into riskier option trading.
Global Indexes
S&P 500
The S&P 500 is correcting into extreme oversold territory with a high wave candle.
DAX
The DAX joined the other global indexes, also correcting.
HANG SENG
The HANG SENG bounced on the trend line to close unchanged just above its EMA8 line.
NYSE & NASDAQ Stocks
Starbucks Corporation
SBUX was also one of the big losers, still correcting.
Apple Inc
Apple broke its 200 DMA support, still busy with correction.
JSE Stocks
JSE All Shares
The JSE All Shares is not correcting as strong as the global markets.
Impala Platinum Holdings Ltd
IMP had a good week and is still extending its positive move.
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.
