TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Stocks rise for second week as tariff shock fades.
- Stocks rise on jobs data, tariff tensions easing.
MarketWatch:
- S&P 500 books longest win streak since 2004.
- Exxon says it’s well-positioned to handle impact of tariffs as it grows production by 20%.
- Trump’s China tariffs aren’t temporary negotiating tools – they’re divorce papers.
- US economy adds 177,000 jobs in April. There’s little sign of trade-war damage – yet.
- Exxon beats profit estimate as Pioneer acquisition fuels 20% production boost.
yahoo! finance:
- Trump’s tariffs pulled in billions, but the boom could be short-lived.
- China says ‘door is open’ to talks.
- Apple hit with downgrades as tariff and growth worries grow.
- Apple to source 19 billion chips from US in supply chain shift.
Stocks jump amid jobs beat and US-China hopes. All major indexes are moving positively.
Global Indexes
S&P 500
The S&P 500 is trending positively towards its last resistance, its 200 DMA (orange line).
DAX
The DAX made a gap towards its top resistance. It will be in extreme overbought territory when it reaches it.
HANG SENG
The HANG SENG lifted off the launching pad it was building.
NYSE & NASDAQ Stocks
Alibaba Group Holdings Ltd
We had plenty of shares that made an upwards gap. The gap of BABA was the strongest with a 4.3% gain.
Mastercard Inc
MA is still advancing towards top resistance. This time with a gap towards $580 resistance or the analyst’s average price of $632.
JSE Stocks
JSE All Shares
The JSE All Shares has now closed 5 times above top resistance and must now be seen as a true break.
Anglo American PLC
AGL retreated from its resistances only to bounce back to them with a high wave candle.
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.
