TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Strategist who called end of US exceptionalism sees no recovery.
- Yen extends gains to break psychological level of 140 per dollar.
MarketWatch:
- Trump shifts to friendlier tone for Fed’s Powell: ‘I have no intention of firing him’.
- Tesla earnings: Musk says he’ll be spending less time at DOGE; stock rallies 5% despite big miss.
- Intel reportedly to slash more than 20% of its workforce amid latest restructuring.
yahoo! finance:
- US stock futures jump as Trump says he has ‘no intention’ of firing Powell.
- Trump says China tariffs won’t stay at 145%.
- China’s Leapmotor says it delivered 8,000 B10 SUVs within 13 days.
Trump’s friendlier tone for Powell gave markets a bounce.
Global Indexes
S&P 500
Although we had a bounce the S&P 500 closed with a high wave candle confirming uncertainty.
DAX
Uncertainty for the DAX too.
HANG SENG
In all the uncertainty the HANG SENG is climbing steadily.
NYSE & NASDAQ Stocks
Bank of America Corp
BAC made a J-curve and is about to attack resistance created by the huge downward gap.
Mastercard Inc
MA closed its open window (gap) with a 3.5% gain.
JSE Stocks
JSE All Shares
The JSE All Shares is testing top resistance again, this time with an inverted hammer candle.
Impala Platinum Holdings Ltd
IMP took the correction route after testing its top 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.
