Bears Expect Rebound

TAGS: Technical Analysis Software

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News in Brief

Bloomberg:

  • Option market focused on jobs and inflation over tariff reveal.
  • Chinese stocks in Hong Kong cap worst two-day drop since October.
  • Stocks in US get late boost as volume jumps to 2025 high.

MarketWatch:

  • US stock futures rise as Wall Street looks to extend gains despite uncertainty.
  • Even Wall Street’s most committed bears expect a stock-market rebound.
  • Tesla’s stock is having its worst stretch ever – and the bad news keeps coming.
  • Elon Musk urges Tesla employees to hang on to their stock as he lays out ‘sustainable abundance’ vision.

yahoo! finance:

  • Canada PM Carney: Trump ‘wants to break us so America can own us.’
  • Trump suggests ‘flexibility’ on reciprocal tariffs.
  • Trump picks Boeing over Lockheed for fighter jet contract.
  • Tencent launches T1 reasoning model amid growing AI competition in China.

At the current level Tesla’s retail fans are buying the stock at a pace never seen before. The week ahead the Fed’s preferred inflation gauge will be watched, and tariff talk remains an issue.

Global Indexes

S&P 500

The S&P 500 is moving sideways closing just above its EMA8 line.

DAX

The DAX made a small body candle (uncertainty) just below its EMA8 line.

HANG SENG

The HANG SENG started descending after the two small body candles at level 24765. It also closed below our positive trend line.

NYSE & NASDAQ Stocks

Tesla Inc

TSLA was one of the top performers after Musk’s surprise all-hands to reassure investors. Not much consensus under analysts as 14 gave it a buy, 11 a hold and 11 a sell!

Microsoft Corporation

Much more consensus under analysts for MSFT. Strong buy recommendation by 32 analysts with an average target price of $511. It gave an engulfing bull candle after the uncertain high wave candle.

JSE Stocks

JSE All Shares

The JSE All Shares was closed on Friday but started its descend following the Eastern markets.

Impala Platinum Holdings

IMP is now stalling at top resistance with divergence in place.

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.

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