Make or Break for Tariffs

TAGS: Technical Analysis Software

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News in Brief

Bloomberg:

  • Stocks rise as tariff concerns ease.
  • Stocks gain on US jobs surprise as treasuries fall.
  • US futures fall as OECD cuts global growth outlook.

MarketWatch:

  • Elon Musk calls Trump tax bill ‘abomination.’ Does he have the cloud to stop it?
  • Trump signs order imposing 50% tariffs for steel, aluminum.
  • America’s biggest lender is closing its wallet.
  • US stocks register a mixed open as tariff fears linger and treasury yields dip.

yahoo! finance:

  • Supreme Court test could make or break Trump tariffs.
  • Trump’s tariffs are harming the US and global economy: OECD.
  • Tesla’s UK car sales drop over 45% in May.
  • Constellation Energy soars on 20-year nuclear deal with Meta.

Trump’s trade policy is making China great again — at the US’s expense, new global analysis finds.

Global Indexes

S&P 500

The S&P 500 lifted off its EMA8 line in a positive direction.

DAX

The DAX is still hanging around its EMA8 line below top resistance.

HANG SENG

After the hammer candle the HANG SENG made a breakaway gap to close above resistances.

NYSE & NASDAQ Stocks

Deere Company

After two hammer candles DE also took the positive road towards top resistance.

Exxon Mobil Corporation

After touching its 50 DMA support HD bounced positively. It is still a long way from its $437 target.

JSE Stocks

JSE All Shares

The JSE All Shares hesitated yesterday with some profit taking.

Sasol Ltd

SOL is still hanging onto its latest gains with a messy J-curve.

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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