TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Japanese investors weigh warm vibes, uncertainty in US relations.
- Tesla shares post worst week since October as Sales plunge.
- Stocks slide as tariff angst adds to price worries.
- DeepSeek shock fires up bullish bets on cheap China tech stocks.
MarketWatch:
- Stock futures reverse early losses as Trump to announce 25% tariffs on steel, aluminum imports.
- Trump says he’ll roll out reciprocal tariffs this week.
- S&P 500 hit with weekly loss after renewed tariff jitters in US stock market.
- January jobs report: Economy at full employment as wage pressure picks up.
yahoo! finance:
- Investors await inflation data amid tariff concerns.
- Inflation, tariff fears push stocks to another losing week.
- Opinion: Even Republicans are souring on Musk.
- Meta prepares for layoffs to begin this week.
- Trump pauses tariffs on millions of low-value packages from China.
- Anthropic CEO says DeepSeek was ‘the worst’ on a critical bioweapons data safety test.
We can expect another volatile week with new tariffs from Trump. He also froze aid to South Africa over land reform law.
Global Indexes
S&P 500
The S&P 500 retreated from top resistance to close below its EMA8 line. Notice how volatile the market was since Trump took office.
![](https://algomodel.co.za/wp-content/uploads/2025/02/sp2025-02-08-9-07-11-AM.gif)
DAX
The DAX made a negative piercing candle retreating from the previous day’s high.
![](https://algomodel.co.za/wp-content/uploads/2025/02/dax2025-02-08-9-24-59-AM-1024x384.gif)
HANG SENG
The HANG SENG is still extending its positive trend.
![](https://algomodel.co.za/wp-content/uploads/2025/02/hs2025-02-08-9-27-44-AM-1024x383.gif)
NYSE & NASDAQ Stocks
Amazon.com Inc
AMZN retreated from top resistance with its warning of ‘lumpy’ cloud trends with a breakaway gap.
![](https://algomodel.co.za/wp-content/uploads/2025/02/amzn2025-02-08-9-31-06-AM-1024x735.gif)
Bank of America Corp
BAC made an engulfing bear candle against top resistance.
![](https://algomodel.co.za/wp-content/uploads/2025/02/BAC2025-02-08-10-19-51-AM-1024x735.gif)
JSE Stocks
JSE All Shares
The JSE All Shares made an inverted hammer candle against strong resistance that was touched many times.
![](https://algomodel.co.za/wp-content/uploads/2025/02/jse2025-02-08-10-25-02-AM-1024x735.gif)
Prosus NV
PRX is extending its positive trend with the Hang Seng.
![](https://algomodel.co.za/wp-content/uploads/2025/02/prx2025-02-08-10-30-22-AM-1024x735.gif)
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.