SCOTUS Ruling Nears

TAGS: Technical Analysis Software

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News in Brief

  • Fed’s Miran wants 150 points of cuts in 2026 to boost jobs.
  • Higher taxes on the rich could backfire for UK chancellor Reeves.
  • Billionaires are ramping up their California exits on threat of wealth tax.
  • US labor productivity accelerates to fastest pace in two years.

MarketWatch:

  • Stocks face their first real test of 2026 with pivotal jobs report and possible tariff ruling.
  • Oil’s ‘Mandura trade’ faded fast – and won’t come back until Venezuela stabilizes.
  • The history doesn’t look good four years into a bull market. Strategists are optimistic anyway.

yahoo! finance:

  • Wall Street braces for Supreme Court’s tariff decision.
  • Nvidia is demanding full upfront payment for H200 chips in China.
  • Trump wants to boost defense spending 50% to $1.5 trillion.

Trump faces $150B tariff refund fight as SCOTUS ruling nears.

Global Indexes

S&P 500

The S&P 500 closed unchanged in anticipation of the jobs report and possibly the high court decision on tariffs.

DAX

The DAX also stalled with a long-legged doji.

HANG SENG

The HANG SENG corrected back to its EMA8 line and also touched its 50 DMA support.

NYSE & NASDAQ Stocks

Halliburton Company

HAL reversed its correction with a 5.9% gain.

Alphabet Inc

Alphabet is now touching top resistance with an uncertain high wave candle.

JSE Stocks

JSE All Shares

The JSE All Shares corrected back to its break line.

Platinum-$

We had a sell-off of platinum shares with a possible double top of the platinum price.

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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