TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Stocks rise after CPI surprise as trade risks loom.
MarketWatch:
- Trump can make the US, Canada and Mexico richer – and challenge China.
- Tesla’s stock may be bouncing, but analyst explains why you should keep selling.
- Goldman Sachs flinches and lowers its S&P 500 target.
yahoo! finance:
- Schumer says Democrats will block GOP plan to avert shutdown.
- China says US owes ‘big thank you’ on fentanyl, calls for talks.
- Meta halts promotion of ‘Careless People’ expose by former employee.
- Stocks come back with a roar as CPI comes in cool.
- Canada retaliates with tariffs on $21 billion of US goods.
Tariff war is in full swing with Trump warning Canada about retaliation. Did he believe the other counties would just accept his tariffs? EU is also coming with countermeasures to Trump’s tariffs.
Global Indexes
S&P 500
The S&P 500 made a bounce, but the uncertainty remains with a high wave candle.
DAX
The DAX also made a bounce to close below its EMA8 line.
HANG SENG
The HANG SENG is also hanging around its EMA8 line with uncertainty about direction.
NYSE & NASDAQ Stocks
SNVIDIA Corporation
NVDA had a strong bounce with a breakaway gap.
Tesla Inc
Tesla had the strongest bounce, also with a breakaway gap, but analysts are warning to stay away.
JSE Stocks
JSE All Shares
Uncertainty remains on the JSE All Shares with a high wave and inverted hammer candles next to each other.
Investec PLC
INP made a bounce with a P1 Power signal and MACD changing colour in oversold territory.
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.
