TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- European stock futures climb after EU clinches US trade deal.
- Japan’s soaring stocks trigger memories of 2024 market crash.
- UK trade deal, Premium Booze drives rally in India liquor stocks.
- S&P 500 hits new highs before ‘peak’ earnings week.
MarketWatch:
- Stock futures rise after US-EU trade deal, and ahead of big Fed meeting.
- Trump announces deal with EU imposing 15% tariffs, averting trade war.
- As S&P 500 soars to record after record, the Dow’s been left behind.
- PayPal’s ‘battleground’ stock sees longest winning streak in years. Earnings are on deck.
yahoo! finance:
- US-EU trade framework reached, China tariff truce extension expected.
- Tesla’s valuation is hard to read as Musk’s EV empire falters.
- Trump puts EU trade deal odds at ’50-50′.
- Meta clashes with Apple, Google over age check legislation.
Trump met EU leaders in Scotland, aiming to finalize trade agreements ahead of the August 1 tariff deadline. US stock futures climb as Trump-EU trade deal kicks off huge week. US Congress moves towards sanctioning South Africa.
Global Indexes
S&P 500
The S&P 500 closed at a new high extending its rally. Its futures are positive after EU trade deal.
DAX
The DAX is still moving side-ways around its EMA8 line.
HANG SENG
The HANG SENG is showing first signs of a correction with a P1 power signal. This is not confirmed this morning as the index gained 0.6% after opening this morning.
NYSE & NASDAQ Stocks
FedEx Corporation
We showed the Power P1 signal of FDX previously. It is now close to testing resistances above.
Eli Lilly and Co
LLY did manage to close abive its 200 DMA resistance.
JSE Stocks
JSE All Shares
The JSE All Shares took the correction route after a high wave candle in overbought territory.
WE BUY CARS Holdings Ltd
WBC is trying to break its flag to make another attempt at top 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.
