Tariff Plunge

TAGS: Technical Analysis Software

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News in Brief

Bloomberg:

  • Huge options position just adds more fuel to S&P 500 volatility.
  • Xi showdown with Li Ka-shing threatens China’s pro-business push.
  • Nikkei 225 enters correction as US tariff worries hit exporters.

MarketWatch:

  • Investors’ jitters climb in ugly quarter for S&P 500, as they fret over tariffs and potential stagflation.
  • Month-end buying could give stocks a short-lived boost, says veteran Wall Street strategist.
  • Goldman’s stagflation vibe means lower S&P 500 target and higher recession risk.

yahoo! finance:

  • Dow, S&P 500, Nasdaq futures fall as tariff deadline creeps closer.
  • Opinion: Another US debt downgrade could be coming.
  • Trump’s ‘Liberation Day’ remains shrouded in mystery.
  • Nasdaq, S&P 500 resume plunge as tariff fears deepen.
  • ‘Very angry’ Trump warns Putin he will hit Russia with more oil tariffs.

Trump announced tariffs for all countries, that includes South Africa.

Global Indexes

S&P 500

The S&P 500 made a bounce while tariff day is looming.

DAX

The DAX made a gap to close below its 50 DMA.

HANG SENG

The HANG SENG closed lower with an indecision high wave candle.

NYSE & NASDAQ Stocks

Super Micro Computer Inc

SMCI is one of the shares that took the biggest knock with its abc correction.

Chipotle Mexican Grill Inc

CMG is still hesitating below its negative trend line but holding well against all the shares dropping.

JSE Stocks

JSE All Shares

The JSE All Shares followed global markets lower.

Sasol Ltd

SOL is building further on its platform, hopefully for a launch.

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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