Mending Ties with Trump

TAGS: Technical Analysis Software

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News in Brief

  • Oil chaos on four fronts drives wild swings and supply fears.
  • South Africa envoy to US will prioritize mending ties with Trump.
  • Samsung wins $200 B order to supply chips to Broadcom.
  • China fines Trip.com $765 million for market-dominance abuse.

MarketWatch:

  • Oil prices sink, stock futures rally as US and Iran pause attacks, Wall Street awaits busy week.
  • Dow and S&P edge upward as oil prices slide. Nasdaq dips as Intel shares turn negative.
  • Intel earnings show just how dramatically the company has come back from being ‘near-dead’.
  • American Express rides a boom in Platinum cards to its strongest spending growth in years.

yahoo! finance:

  • Stocks closed mixed after a volatile week of tariff, Iran and AI fears.
  • Trump vows fresh tariffs on European Union over Google fine.
  • SpaceX hits record low ahead of key Starship test.
  • Rivian sues the US government for ‘full refund’ of Trump tariffs.

Trump warns it will be ‘very bad’ for Xi Jinping and Vladimir Putin if China or Russia arm Iran.

Global Indexes

S&P 500

The S&P 500 closed with another high wave candle below its 50 DMA resistance. The futures are currently strong.

DAX

The DAX closed above its EMA8 & 50 DMA resistances.

HANG SENG

The HANG SENG bounced down from strong resistance but still managed to close above its EMA8 & 50 DMA supports.

NYSE & NASDAQ Stocks

Intel Corporation

INTC remains in a bear phase. Notice where the MACD turned red.

Mastercard Inc

MA bounced on its 200 DMA support.

JSE Stocks

JSE All Shares

The JSE All Shares is still clueless about direction but did make a piercing candle.

Standard Bank Group Ltd

SBK made an engulfing bull candle on its 50 DMA in oversold 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.

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