TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Stock futures fall, havens rise on tariff threat.
- S&P 500 halts rally near record as Big Tech swoons.
- Rolls-Royce Nuclear may eventually top £10 billion, analysts says.
MarketWatch:
- GameStop hints at its next bitcoin buy. The stock is tumbling.
- Tesla delays robotaxi debut in Austin.
- Investors appear underwhelmed by the new US-China ‘framework’ on trade.
- The S&P 500 is nearly back to record highs – but investors shouldn’t get too comfortable.
yahoo! finance:
- Trump says he will set unilateral tariff rates within weeks.
- US stock futures slip amid murky signals on Trump’s trade policy.
- Consumer prices rise less than expected in May.
- Trump says China will supply rare earths in ‘done’ deal.
The cooler-than-expected inflation report was not enough to calm some nerves about the effects of President Trump’s tariffs.
Global Indexes
S&P 500
The S&P 500 stalled because of Trump’s trade policies.
DAX
The DAX continued its correction from top resistance.
HANG SENG
The HANG SENG was still positive yesterday but is also correcting today.
NYSE & NASDAQ Stocks
Starbucks Corporation
SBUX went into second gear and closed just below its 200 DMA resistance.
Amazon.com Inc
AMZN gave a P2 power signal at a previous resistance. Notice the divergence that is in place.
JSE Stocks
JSE All Shares
The JSE All Shares is building a strong resistance with 4 turning candles next to each other.
Coronation Fund Managers Ltd
CML broke down with a breakaway gap from strong resistance.
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.
