Musk leaves DOGE with a Black Eye

TAGS: Technical Analysis Software

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News in Brief

Bloomberg:

  • S&P 500’s banner month faces off with June’s lackluster record.
  • S&P 500 whipsaws at end of best May since 1990.

MarketWatch:

  • Oil prices jump despite OPEC+ announcing another sharp production hike.
  • Stock market’s haul in May as tariff turmoil and job angst lurk on the horizon.
  • Trump doubles steel tariffs to 50%, touts US Steel-Nippon deal still short on details.
  • US-China trade talks: Rare-earth minerals are a sticking point in getting back on track.

yahoo! finance:

  • Europe stocks stage world-beating rally as trade war backfires.
  • UK to urge Trump administration to implement zero-tariff steel accord.
  • Elon Musk is not leaving DC quietly.
  • Tesla stock keeps climbing as Musk leaves DOGE with a black eye.

Musk took parting shots at Trump’s policy as he exited the nation’s capital. Uncertainty remains on the markets with his unpredictable policies. Trump blasts his own appointed judge in rant against court’s tariff ruling.

Global Indexes

S&P 500

Uncertainty remains with the S&P 500 confirming the uncertainty with a long-legged doji.

DAX

Similar for the DAX.

HANG SENG

Similar for the HANG SENG with a small body candle.

NYSE & NASDAQ Stocks

Tesla Inc

TSLA gave a P2 Power Signal with divergence in place.

Caterpillar Inc

CAT also has divergence in place below its 200 DMA resistance.

JSE Stocks

JSE All Shares

The JSE All Shares made a negative piercing candle to comply with the global uncertainties.

Shoprite Holdings Ltd

SHP is now also uncertain about its break with an inverted hammer 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.

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