Jittery Market

TAGS: Technical Analysis Software

Free Subscription: Subscription is necessary to receive an email when market reviews are posted.

News in Brief

Bloomberg:

  • Trump, Xi spark another standoff with world economy at risk.
  • Bessent still sees Xi-Trump meeting, says all options open.
  • Chinese exports surge, giving Xi stronger hand in trade fight.
  • World economy faces triple risk of tariffs, AI bubble and soaring debt.

MarketWatch:

  • Tesla made a gamble with its latest price cuts. Will it pay off?
  • DOW, S&P 500 and Nasdaq set to climb as Trump softens rhetoric around China.
  • We head into a possible volatile earnings season, according to Evercore.
  • Intel’s stock has climbed ‘too far, too fast.’ BofA is sounding a warning.

yahoo! finance:

  • US stock futures rise as Wall Street looks to big bank earnings.
  • Nvidia’s tiniest supercomputer hits market in bid to boost access to AI.
  • Broadcom surges on custom chip deal with OpenAI.
  • Americans will shoulder over half of Trump tariff costs: Goldman.

The on off policies of Trump is not good for markets as it creates uncertainties. Friday’s trade tantrum reveals a jittery market.

Global Indexes

S&P 500

The bounce of the S&P 500 closed below its EMA8 line. Earnings will be the next key.

DAX

The bounce of the DAX ended with an uncertain high wave candle.

HANG SENG

The HANG SENG gapped down to its 50 DMA support. It is all negative today ahead of the Xi / Trump meeting.

NYSE & NASDAQ Stocks

Broadcom Ltd

AVGO made the largest bounce, also closing with a high wave candle.

Bank of America Corp

BAC closed below its 50 DMA support ahead of big bank earnings in oversold territory.

JSE Stocks

JSE All Shares

The JSE All Shares bounced back to top resistance.

Harmony Gold Mining Company Ltd

HAR made a gap towards its top resistance. We now have unconfirmed divergence in place.

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.

Algomodel Signals
Algomodel Signals
Algomodel Signals Pro
Algomodel Signals Pro

Leave a Comment

Your email address will not be published. Required fields are marked *