Cautious Comeback

TAGS: Technical Analysis Software

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News in Brief

Bloomberg:

  • Stocks rise led by Japan on auto tariff reprieve.
  • Citigroup turns cold on US stocks, joining Wall Street peers.
  • China’s stock rescue in full swing as ETF inflows hit record.
  • Tech giants fuel Wall Street’s cautious comeback.

MarketWatch:

  • S&P 500 tallies its first ‘death cross’ in 3 years.
  • It’s rare for stocks and the dollar to fall together. History says tread carefully.
  • Fed’s Waller says interest rates may need to be cut soon if largest Trump tariffs stay in place.
  • Apple’s stock among those rallying amid hope for long-term tariff exemption.

yahoo! finance:

  • Trump says he is considering tariff relief for car companies.
  • Opinion: Trump is wrecking his own economic agenda.
  • Goldman CEO Solomon warns of ‘markedly different’ environment.
  • Nvidia commits $500B to AI infrastructure buildout in US.

Global tech stocks climb as tariff threat dodged for now. Futures fall as tariff fears keep traders on edge.

Global Indexes

S&P 500

The S&P 500 is cautiously higher with a small body candle.

DAX

Similar for the DAX.

HANG SENG

Similar for the HANG SENG.

NYSE & NASDAQ Stocks

Eli Lilly and Co

LLY lifted its head, also with a small body candle.

Bank of America Corp

Similar for BAC with analysts’ predictions way off the chart with $51 and giving a strong buy.

JSE Stocks

JSE All Shares

The JSE All Shares was more positive than the rest of the world with its 2.7% positive candle gain.

Woolworths Holdings Ltd

WHL had a strong day to close just above its 50 DMA.

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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