Trump / Musk Feud Deepens

TAGS: Technical Analysis Software

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News in Brief

Bloomberg:

  • Trump slams Musk plan for rival party as feud deepens.

MarketWatch:

  • Stay buckled up – the stock-market ride is going to get wilder still, says strategist.
  • Stock-market investors went from panic to ‘Goldilocks.’ Are they getting ahead of themselves.
  • IBM’s stock is beating Big Tech this year. Analyst sees more gains ahead.

yahoo! finance:

  • US stock futures mixed as Trump tariff threats ramp up ahead of deadline.
  • Trump promises more weapons for Ukraine and criticizes Putin.
  • Stocks fall as Trump turns up tariff heat.
  • Trump warns of extra 10% tariff for ‘anti-American’ BRICS.

Tesla stock gets punished as Mask says he’ll start new party and feud deepens. South Africa is hit with a 30% tariff.

Global Indexes

S&P 500

The S&P 500 corrected as tariffs ramp up ahead of deadline.

DAX

The DAX moved positively, trending on its EMA8 line.

HANG SENG

The HANG SENG made a small body candle in its correction path and turned positive this morning.

NYSE & NASDAQ Stocks

Tesla Inc

Tesla dropped 6.8% breaking its positive trend line after Musk wants to start new political party. The general feeling is that he must stay out of politics!

Uber Technologies Inc

UBER was one of the few shares that moved positively with Trump ramping up tariffs. It made a new high after breaking top resistance.

JSE Stocks

JSE All Shares

The JSE All Shares is hesitant just above top resistance with a small body hammer candle.

Prosus NV

PRX made a breakaway gap 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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