TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Asian stocks give up tariff-lift gains, China drags.
- Chinese funds plan to mop up stocks if US tariffs roil market.
- Stocks get tech lift as bonds fall on tariff signs.
- SAP Topples Nova to become Europe’s biggest listed company.
MarketWatch:
- The dot-com bubble peaked 25 years ago this week. Are investors today falling into the same trap?
- Dow jumps amid reports that Trump’s tariffs will be narrower than feared.
- The ‘Magnificent Seven’ can bounce into the next earnings season, according to Morgan Stanley’s Mike Wilson.
- Stocks have never been so political as Howard Lutnick says buy Tesla and Tim Walz says sell.
yahoo! finance:
- Dow’ S&P 500, Nasdaq futures waver with Trump tariff moves in focus.
- Nvidia, AMD, Meta lead tech rally as tariff news, AI gains lift sector.
- Cathie Wood sticks with Tesla. Predicts stock to hit $2,600.
Tech stocks led Monday’s rally as upbeat tariff news fueled a rebound. ‘Peak uncertainty’ on tariffs still looms over stock market despite Monday bounce.
Global Indexes
S&P 500
The S&P 500 made a breakaway gap to close above its 299 DMA.
DAX
The DAX is still trending sideways to the negative side.
HANG SENG
The HANG SENG is also on the negative side of its EMA8 line.
NYSE & NASDAQ Stocks
Tesla Inc
TSLA was one of the top performers with a 11.9% breakaway gap. This is a far cry from Cathie’s $2600. Average estimate is $335.
Advanced Micro Devices Inc
AMD was the next best performer, also with a breakaway gap to close above its 50 DMA.
JSE Stocks
JSE All Shares
The JSE All Shares retreated with Hong Kong.
MTN Group Ltd
MTN broke resistance with a 5.8% 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.
