TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Futures rise, dollar up as US shutdown risk eases.
- Stagflation trade emerges as rare winner US stock market rout.
MarketWatch:
- S&P 500 falls into correction territory as Trump’s trade war escalates.
- Unwilling to risk shutdown, Schumer says he’ll support Republican funding bill.
- Trump just bought a Tesla, but many other owners are selling their Musk-made EVs.
- Analysts love Intel’s CEO choice, but not enough to recommend buying the stock.
yahoo! finance:
- Trump vows not to ‘bend’ in trade war, floats 200% tariff on EU alcohol.
- As sell-off persists, ‘it’s more prudent to be conservative’.
- Adobe stock drops: ‘We’re sitting at halftime,’ analysts says.
Trump is using bluffing and madman tactics to get to his goals. Americans are not happy about his tariffs and the way he is handling the economy.
Global Indexes
S&P 500
The S&P 500 is extending its negative trend line.
DAX
The DAX remains uncertain with a doji.
HANG SENG
The HANG SENG is now sitting on its positive trend line, still correcting.
NYSE & NASDAQ Stocks
NVIDIA Corporation
NVDA was about unchanged while the rest of the market corrected.
Adobe Systems Inc
ADBE made a 13.9% breakaway gap downwards extending its negative trend. It has dropped more than 40% from its previous top.
JSE Stocks
JSE All Shares
Uncertainty remains on the JSE All Shares with a high wave candle.
Investec PLC
In these uncertain markets INP was also uncertain but concluded the day with an engulfing bull candle.
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.
