No US / EU Deal

TAGS: Technical Analysis Software

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News in Brief

Bloomberg:

  • Stocks get hit as Trump ‘not looking’ for EU deal.

MarketWatch:

  • Trump’s new tariff threats may shake stocks’ rally as investors brace for a long, hot summer.
  • Novice investors have outperformed old pros in the volatile stock market.
  • Ships are cancelling crossings to US, and Trump’s new 50% EU tariff threat isn’t going to help.
  • US steel shares surge after Trump backs partnership with Nippon Steel.

yahoo! finance:

  • Trump agrees to delay deadline for a 50% tariff on all EU products.
  • Apple won’t make iPhones in US, even with a 25% tariff.
  • Trump threatens EU, smartphones as tariff rhetoric escalates.
  • Oracle to buy $40B of Nvidia chips for OpenAI’s new data center.

While Trump is the president, volatility will remain on markets, and you will have to learn to cope with it. Nvidia earnings and Trump tariffs take center stage in week ahead.

Global Indexes

S&P 500

The S&P 500 has now corrected to its 200 DMA support.

DAX

The DAX bounced down to close below its EMA8 line.

HANG SENG

The HANG SENG closed with an uncertain candle on its EMA8 line.

NYSE & NASDAQ Stocks

Alphabet Inc

GOOG bounced down from its 200 DMA with a gap.

Microsoft Corporation

After the doji MSFT bounced down to form another uncertain doji. Notice the divergence of Frontrunner.

JSE Stocks

JSE All Shares

The JSE All Shares also made an uncertain high wave candle.

Impala Platinum Holdings Ltd

Platinum shares are still surging with IMP shooting out after the breather.

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.

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