‘Rough Quarters’ Ahead by Musk

TAGS: Technical Analysis Software

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News in Brief

Bloomberg:

  • Asian stocks snap six days of gains, dollar higher.
  • Stocks close at record as Alphabet fuels AI hopes.
  • Treasuries fall as jobs show signs of resilience.

MarketWatch:

  • Trump went to the Fed to pressure Powell. Did he chicken out instead?
  • Intel earnings tell two stories, as revenue impresses but losses pile up from restructuring.
  • Tesla analysts are mostly upbeat about earnings, but investors aren’t happy.
  • Dow opens down 300 points as UnitedHealth slides; tesla stock drops.

yahoo! finance:

  • Trump clashes with Powell over Fed renovations, pushes for lower rates.
  • US futures trade flat as Trump downplays Powell tensions.
  • Tesla stock sinks after earnings miss, Musk’s warning.
  • Trump floats a new tariff baseline rate as deadline looms.

When two stocks listed on the DOW drops, the index also has to fall.

Global Indexes

S&P 500

The S&P 500 closed with an uncertain doji, but the futures are currently positive.

DAX

The DAX hesitated at top resistance to close near the low of the day.

HANG SENG

The HANG SENG extended its rally into overbought territory and is trading negative this morning.

NYSE & NASDAQ Stocks

Advanced Micro Devices Inc

AMD passed analysts average price target of $145 and was the best gainer yesterday.

Tesla Inc

Tesla made a breakaway gap downwards breaking support. Trump denies that he wants to damage Musk owned companies.

JSE Stocks

JSE All Shares

The JSE All Shares stalled with a high wave candle in overbought territory.

Sasol Ltd

Sasol followed the US oil companies higher with its 3.7% gain.

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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