TAGS: Technical Analysis Software
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There will be no Market Reviews for the rest of this week.
News in Brief
Bloomberg:
- Stocks get late boost from tech as tariffs loom.
- Huge options position just adds more fuel to S&P 500 volatility.
MarketWatch:
- ‘Liberation day’ tariffs: Trump prepares to unveil his plan.
- Intel’s new CEO is known to ‘underpromise and overdeliver.’ Can he do it again?
- Investors’ jitters climb in ugly quarter for S&P 500, as they fret over tariffs and potential stagflation.
- Stock investors should buckle up for more uncertainty beyond Trump’s April 2 tariffs.
yahoo! finance:
- Best-case scenario for Trump’s ‘Liberation Day’ is a hard sell.
- Trump considers a ‘blanket’ option of 20% tariffs.
- Trump’s tariffs will take effect immediately, White House says.
A long list of apparently impossible things will have to go right for Trump’s trade-war showdown to succeed. Today is Trump’s ‘Liberation Day’.
Global Indexes
S&P 500
The S&P 500 closed just below its EMA8 line in anticipation of tariffs.
DAX
Similar for the DAX.
HANG SENG
Similar for the HANG SENG with an uncertain doji candle.
NYSE & NASDAQ Stocks
Johnson Johnson
JNJ shares tumbled after the health care giant failed to reach a settlement in liability cases related to its baby powder and other talc products.
Chipotle Mexican Grill Inc
CMG was one of the best gainers to close above our negative trend line.
JSE Stocks
JSE All Shares
The JSE All Shares made an engulfing bull candle to close just below top resistance.
Shoprite Holdings Ltd
SHP gained to close just above its 50DMA. Its R279 level is still a strong resistance.
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.
