TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Popular hedge fund option trade adjusts with turbulant market.
MarketWatch:
- The stock rally may be in trouble after the White House ‘backtracked’ on tariffs.
- Nvidia and other tech stocks look like winners this earning season.
- Last week’s stock-market rebound was great, but don’t get complacent, advises JP Morgan chief strategist David Kelly.
- International stocks have been crushing US equities, Morgan Stanley expects a reversal.
yahoo! finance:
- Ford warns of $1.5 billion hit from Trump tariffs.
- China’s services growth hit 7-month low as tariffs bite, Caixin PMI shows.
- Berkshire shares fall as company makes Buffett transition official.
- Trump vows to slap 100% tariff on foreign-made movies.
Trump – and investors – will probably be disappointed by the Fed this week.
Global Indexes
S&P 500
The S&P 500 closed with an uncertain doji after Trump’s latest tariff twist.
DAX
The DAX reached top resistance in extreme overbought territory.
HANG SENG
The HANG SENG is still moving positively, also moving into extreme overbought territory as it nears its 50 DMA resistance.
NYSE & NASDAQ Stocks
Berkshire Hathaway Inc
BRK.B opened a wide window with the news that Warren Buffett is stepping down.
Apple Inc
Its 50 DMA acted as resistance for AAPL as it bounced down from it.
JSE Stocks
JSE All Shares
The JSE All Shares is also hesitating in overbought territory with a high wave candle.
Gold Fields Ltd
Gold shares were in demand as GFI bounced 6% on its 50 DMA support in oversold 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.
