TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- A $576 billion stock-eft juggernaut hit by extreme dislocation.
- S&P 500 tumbles 3.5% after US-China feud heats up.
- Goldman’s flood sees buy the dip returning with S&P 500 at 5,000.
MarketWatch:
- Top strategists say stock market still bogged down by tariff uncertainty despite Trump’s pause.
- Trump’s tariff pause takes bad outcomes off the table – but UBS strategist says investors should still sell rallies.
- Latest AAII survey data shows investors are still decidedly bearish on stocks.
- Opinion: The US is now an emerging market. Invest accordingly.
yahoo! finance:
- Tariff whiplash returns to Wall Street as stocks get pummeled.
- Trump’s tariff U-turn are leaving GOP lawmakers baffled.
- Apple airlifts 600 tons of iPhones from India to dodge tariffs.
- Tariffs latest: EU matches Trump with 90-day pause.
Volatility is still on markets about uncertainty about tariffs.
Global Indexes
S&P 500
The S&P 500 had a whiplash with the index closing below its EMA8 line.
DAX
The DAX made a gap and then also retreated to close below its EMA8 line.
HANG SENG
The HANG SENG also made a gap and also closed below its EMA8 line.
NYSE & NASDAQ Stocks
NVIDIA Corporation
Volatility is everywhere to be seen similar to that of NVDA. It retreated 5.9 % with an indecision long-legged candle.
Home Depot Inc
The retreat of HD was not as severe as some of the other stocks but also closed with a long-legged uncertain small body candle.
JSE Stocks
JSE All Shares
The JSE All Shares was still following the bounce of the US, and its whiplash will probably follow today.
Harmony Gold Mining Company Ltd
The uncertainty on markets is boosting gold. HAR is making new highs, but Frontrunner has divergence in place, not confirming the high.
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.
