TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- China stocks in Hong Kong drop post-holiday on Trump 10% tariff.
- Investors buy dollars, brace for stock slide as Trade war begins.
- Stocks jolted by tariff anxiety as dollar climbs.
- Strategist who coined the Magnificent Seven warns US Tech is set to lag.
MarketWatch:
- Dow futures tumble, oil surges after Trump tariffs end ‘self-delusion in markets’.
- Tech stocks have worst week in months after ‘nobody saw DeepSeek coming’.
- US stocks closed lower after White House imposed tariffs on Mexico, Canada and China on Saturday.
- Investors snap up stocks outside of the ‘Magnificent Seven’ in January.
yahoo! finance:
- The Trump tariffs are here – and so far Wall Street doesn’t like them.
- Trump says he plans to forge ahead with sweeping tariffs.
- Oil emerged as central sticking point in the Trump tariff talks.
- Meta posts longest rally since 2015 as Wall Street cheers AI bet.
The current tariffs imposed by Trump must be seen as ‘just the warm-up’, provoking retaliation.
Global Indexes
S&P 500
The S&P 500 made an engulfing bear candle against top resistance to close on its EMA8 line after Trump went ahead with imposing tariffs.
DAX
The DAX also stalled to see what happens next.
HANG SENG
The HANG SENG was closed.
NYSE & NASDAQ Stocks
Walgreen Boots Inc
WBA took the biggest knock to drop 10.3%.
Apple Inc
The good results of AAPL did not help as the tariff spook made it retreat just as fast as it climbed for the day to create an engulfing bear candle.
JSE Stocks
JSE All Shares
The JSE All Shares was still inching higher and closed when Trump imposed tariffs on three countries.
Impala Platinum Holdings Ltd
IMP broke its 50 DMA with its 5.2% 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.
