TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- ‘Stay the course.’ Citi urges investors to stick with us.
- Chinese stock gains fizzle as focus shifts to US trade talk.
MarketWatch:
- Nvidia investors are cheering Trump’s likely dismantling of Biden’s AI chip rules
- Powell says Trump tariffs could delay inflation progress – and rate cuts – by a year.
- CrowdStrike lays off 500 in latest example of AI costing people their jobs.
- Walt Disney reports significant beat on revenue and earnings but sees uncertainty ahead.
yahoo! finance:
- Fed holds rates steady, defying Trump’s call for cuts.
- Trump says he won’t lower China tariffs to kickstart talks.
- US, China gear up for a long slog on talks.
- Disney to expand into Middle East with new Abu Dhabi theme park.
- China keeps adding gold to reserves as challenges stack up.
Uncertainty remains on the markets while tariff talks with China will take place this coming weekend.
Global Indexes
S&P 500
The S&P 500 is sitting on its EMA8 line with an indecision high wave candle.
DAX
The DAX retreated from its top resistance.
HANG SENG
The HANG SENG made an attempt to break its 50 DMA resistance, only to close below it at the end of the day.
NYSE & NASDAQ Stocks
Walt Disney Co
DIS made a large gap to break resistances on its way to its $125 target of analysts.
NVIDIA Corporation
NVDA broke its 50 DMA with a J-curve on the assumption that Trump will dismantle Biden’s AI chip rules.
JSE Stocks
JSE All Shares
The JSE All Shares is retreating from its overbought situation. Notice the P1 Power Signal that marked the start and end of the rally.
Sibanya Stillwater Ltd
SSW is making another attempt at top resistance, but this time round we have divergence in place.
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.
