TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Chinese stock market in limbo as investors lack conviction.
- Stocks climb on trade talks as bond yields slide.
- Meituan, JD.com’s Food delivery war worsens $100 billion rout.
MarketWatch:
- Nvidia’s earnings are the stock market’s next major test after May’s Big Tech comeback.
- US stock indexes rise after Trump hits pause on his EU tariff threat.
- Salesforce plans to buy Informatica. It’s an $8 billion AI play.
yahoo! finance:
- Stocks fly higher after Trump’s EU tariff reprieve.
- Investors with $7 trillion on the sidelines await Nvidia.
- Tesla sales plunge 49% in Europe as Model Y disappoints.
Wall Street braces for Nvidia earnings. The stock market is still rising despite weaker fundamentals. Donald Trump grows angrier as Vladimir Putin exposes his impotence.
Global Indexes
S&P 500
The US markets were closed yesterday.
The S&P 500 bounced on its 200 DMA support and made a breakaway gap to close above its EMA8 line.
DAX
After hesitating 5 days against top resistance the DAX broke it yesterday.
HANG SENG
Although the HANG SENG closed positive yesterday it is still trending downwards. It is trading negative this morning.
NYSE & NASDAQ Stocks
Tesla Inc
Even with all its negative news TESLA made a breakaway gap to gain the most. The trend remains positive.
salesforce.com Inc
CRM bounced on its 50 DMA support with a piercing candle.
JSE Stocks
JSE All Shares
The JSE All Shares was still very uncertain about its next move with a long-legged doji.
Sasol Ltd
After the inverted hammer candle SOL closed negative. The OPEC+ meeting is still in play.
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.
