Whipsawed Stocks

TAGS: Technical Analysis Software

Free Subscription: Subscription is necessary to receive an email when market reviews are posted.

News in Brief

Bloomberg:

  • Asian stocks, US futures slide after Nvidia curbs.
  • Stocks get whipsawed on lingering trade-war risks.

MarketWatch:

  • Wall Street predicts a 10% stock rebound by the end of 2025.
  • Nvidia to record $5.5 billion in charges due to US export ban on its H20 chip for China.
  • JPMorgan Chase CEO Jamie Dimon sells $32 million of his company’s stock.
  • The latest tariff fallout: China reportedly tells its airlines not to take any more Boeing planes.

yahoo! finance:

  • Bessent: We should have ‘substantial clarity’ on tariffs over next 90 days.
  • US stock futures fall as Nvidia reveals costly limits on China exports.
  • Trump floats auto pause; EU talks make ‘little progress’.
  • Trump presses China to make tariff offer to calm trade war.

The US banks flag risks to consumer spending from tariff policy uncertainties.

Global Indexes

S&P 500

The S&P 500 stalled with an uncertain small body candle.

DAX

The DAX was still extending its rally.

HANG SENG

The HANG SENG stalled with a hammer candle in its rally and is trading below its EMA8 line this morning.

NYSE & NASDAQ Stocks

Eli Lilly and Co

The uncertainty remains on markets as shown by LLY with a high wave candle. Two small body candles next to each other.

Bank of America Corp

BAC made a breakaway gap, but also stalled with an inverted hammer candle.

JSE Stocks

JSE All Shares

The JSE All Shares was still moving strong, now close to top resistance.

Woolworths Holdings Ltd

The rally of WHL broke its 50 DMA and negative trend line. It is however moving into overbought territory.

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.

Algomodel Signals
Algomodel Signals
Algomodel Signals Pro
Algomodel Signals Pro

Leave a Comment

Your email address will not be published. Required fields are marked *