Insulate from Trump

TAGS: Technical Analysis Software

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News in Brief

Bloomberg:

  • Wall Street routs India options for market insulated from Trump.
  • Apple event to put focus on ‘Existential Risk’ of AI struggles.

MarketWatch:

  • ‘Big Money’ turns bullish on stocks. Will that lead the S&P 500 to a ‘melt up’?
  • The S&P 500 set to rise further above 6,000 mark as investors await an outcome of US-China talks in London.
  • ‘The market is as clueless as the Fed’: This trader says stocks could continue to do well for months.
  • OpenAI could be worth trillions of dollars one day, analysts say.

yahoo! finance:

  • All eyes on AI as Apple takes the stage for WWDC.
  • Apple touts’ major software overhaul but stays quiet on AI.
  • S&P 500 gains as US-CHina trade talks kick off on positive note.
  • Amazon wants to become a global marketplace for AI.

Trump News: Trump said that he and Musk’s friendship is over. Musk says that without his support Trump would have lost the election. ABC suspends reporter who interviewed Trump after devastating analysis of president. Boris Yeltsin warned that you must not anger Trump. Wall Street chose India to insulate from Trump.

Global Indexes

S&P 500

The S&P 500 inched higher with a doji as trade talks with China will continue today.

DAX

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

HANG SENG

The HANG SENG is more positive and continued its positive move.

NYSE & NASDAQ Stocks

Halliburton Company

HAL lifted off a triple bottom and is about to test resistance while forming a perfect triangle.

Advance Micro Devices Inc

AMD formed a J-curve continuing its positive trend. Strong resistances ahead.

JSE Stocks

JSE All Shares

The JSE All Shares is also uncertain with two doji’s next to each other.

Impala Platinum Holdings Ltd

Platinum shares are still on a roll with IMP gaining 5.2%. Notice that its Trend Factor turned to dark green indicating that it is outperforming the general market.

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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