TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- US stock futures rebound as Trump tempers tariff talk toward China.
- Trump announces additional 100% China tariff, tech controls.
- Shipping market in turmoil as US-China tensions escalate.
- Federal Worker Unions ask judge to halt shutdown layoffs.
MarketWatch:
- US stock futures rebound as Trump dismisses latest China tariff tensions: ‘It will all be fine’.
- Trump’s ‘Apprentice’-style contest for Fed chair is down to 5 finalists.
- High inflation and lack of jobs leave Americans frustrated with the economy.
yahoo! finance:
- World’s chip supply chain braces for fallout from China rare-earth curbs.
- Trump fires Federal workers amid shutdown fight with Democrats.
- US cancels major solar project in Nevada Biden had supported.
Markets tumble as Trump escalates trade war with 100% tariff on China ‘over and above’ current rates. There is a rebound in futures as Trump tempers tariff talk.
Trump scrambles to rehire CDC experts working on Ebola, measles and disease forecasting who were axed in government shutdown cuts.
There seem to be stock data missing in the NYSE file for some shares since 7 Oct. We still had no response from support. We apologise for the inconvenience.
Global Indexes
S&P 500
We had a major selloff on the S&P 500 with new Trump tariffs. The long term positive trend line is broken.
DAX
After an inverted hammer candle in overbought territory the DAX also had a selloff.
HANG SENG
The HANG SENG also had a selloff after the high wave candles.
NYSE & NASDAQ Stocks
Super Micro Computer Inc
SMCI made an engulfing bear candle tumbling 8.8%.
PepsiCo Inc
PEP continued its positive trend ignoring Trump’s latest threats.
JSE Stocks
JSE All Shares
The JSE All Shares was closed when the US selloff started. It made a hammer candle warning of change.
Northam Platinum Holdings Ltd
NPH made a gap with divergence in place together with a P2 Power Signal.
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.
