TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- US tells partners to honor tariff deals as Trump regroups.
- Trump signs 10% global tariff in bid to salvage trade agenda.
- Tariff ruling kicks off fight over $170 billion in refunds.
- Reeling from tariff ruling, Trump lobs insults at High Court.
MarketWatch:
- US stock futures, dollar and bitcoin drop as investors await clarity on Trump’s latest tariff plans.
- Don’t expect lower prices now that the Supreme Court has ruled against Trump’s tariffs.
- Supreme Court rejects Trump’s tariffs. The president is already rolling out new ones.
- Tesla’s ‘most affordable’ Cybertruck is here. But Musk hints it won’t stay cheap for long.
yahoo! finance:
- US stock futures drop with tariffs, Iran-US meeting in focus.
- ‘It will not be automatic or immediate’: Companies brace for messy tariff refund.
- OpenAI forecasts its revenue will top $280 billion in 2030. (Non-listed company)
- Sticky new inflation data expected to keep Fed on Hold.
The court said Trump abused his executive power by relying on the 1977 law, the International Emergency Economic Powers Act. This week: Nvidia earnings, SCOTUS tariff fallout.
Data Changes: There are some major changes taking place in receiving data. End of day data will not be affected (as originally intended for program), but the bonus hourly data for JSE will fall away. We apologise for any inconvenience, but it is out of our hands.
Global Indexes
S&P 500
The tariff ruling lifted the S&P 500 to close above its 50 DMA and EMA8 resistances.
DAX
The DAX also bounced on its EMA8 line.
HANG SENG
The HANG SENG closed on its 50 DMA support.
NYSE & NASDAQ Stocks
Alphabet Inc
GOOG is lifting itself out of its extreme oversold territory. A simple system is to look for Power Signals in oversold territory.
Meta Platforms Inc
Similar for META.
JSE Stocks
JSE All Shares
The JSE All Shares made an engulfing bull candle.
Satrix FINI Portfolio
STXFIN is making Reverse Power Signals in overbought territory.
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.
