TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- US companies to boost their borrowing in 2026, Wells Fargo says.
- Fed’s Goolsbee ‘Uneasy’ about further rate cuts without data.
- Supreme court hands Trump a warning and the world more uncertainty.
MarketWatch:
- Tesla investors approve Musk’s $1 trillion pay package – but the money won’t come easy.
- Big Tech drags down S&P 500 amid jitters that stock market is overvalued.
- SoundHound’s earnings beat reflects this emerging trend in voice AI.
yahoo! finance:
- Apple could make $133B a year on humanoid robots by 2040: MS.
- Dow, S&P 500, Nasdaq futures climb after Wall Street’s latest tech sell-off.
- US shutdown dealmaking hits new roadblocks as tensions flare.
- Nvidia leads tech lower as Trump official says no to AI bailout.
- US to block Nvidia’s sale of scaled-down AI chips to China.
Trump says he’ll skip G20 summit, calls for South Africa’s removal.
Global Indexes
S&P 500
Sell-off continued led by Big Tech for the S&P 500. We are moving into oversold territory.
DAX
Similar for the DAX.
HANG SENG
The HANG SENG was the only index that gained against the negative trend, but also retreated this morning.
NYSE & NASDAQ Stocks
salesforce.com Inc
CRM retreated 5.3% leaving estimate of $348 by analysts way up in the sky.
Alibaba Group Holdings Ltd
BABA bounced against the negative trend with a 1.7% gain.
JSE Stocks
JSE All Shares
The JSE All Shares made a breakaway gap on its 50 DMA support.
Naspers Ltd
NPN also made a breakaway gap and used its 50 DMA support again for the bounce.
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.
