TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Zelensky plays down latest clash with Trump at Brussels summit.
- Taiwan to curb AI chip exports to China as part of US trade deal.
- Nvidia CEO on AI market turmoil: ‘All of this is going to pass’.
- China’s growth rebound tops forecasts to close in on target.
MarketWatch:
- Stocks are heading for a high-stakes showdown, as strong earnings collide with rising borrowing costs.
- Tesla finally delivers on its promise to create a flying car.
- S&P 500 and Nasdaq cement worst week since June as tech rout deepens.
- The US budget deficit just hit almost $2 trillion – and Washington isn’t doing much about it.
yahoo! finance:
- The US economy is facing 2 hot wars heating up at a bad time for the White House.
- The steady drip of Tesla and SpaceX merger talk is increasing, and this time it’s coming from a Wall Street bank.
- SpaceX throttled Starlink in Ukraine. Neither Trump nor Elon Musk wants to own the decision.
Will SpaceX merge with Tesla? Speculation resurfaces it could happen before the end of 2026.
Global Indexes
S&P 500
The S&P 500 broke its 50 DMA support continuing its correction.
DAX
The DAX made a positive gap to touch its 50 DMA resistance.
HANG SENG
The HANG SENG closed on its EMA8 support that is moving sideways.
NYSE & NASDAQ Stocks
Boeing Co
BA broke its negative trend line hesitantly with a long-legged doji.
Eli Lilly and Co
LLY also stalled with a long-legged doji near top resistance.
JSE Stocks
JSE All Shares
The JSE All Shares continued its positive trend with a 07% gain.
Sibanya Stillwater Ltd
SSW took the lead with its 14.1% gain.
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.
