TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- US stock futures, Dollar dip on 50% Copper tariff.
- JPMorgan says China’s crackdown on overcapacity may boost stocks.
- Stock bulls flash ‘Extreme Greed’ as S&P 500 gains.
MarketWatch:
- Trump might not get rapid interest-rate cuts even after he replaces Fed chief Powell.
- Nutella with your Corn Flakes? Cereal giant Kellogg’s stock rallies on word of $3 billion deal.
- Costco’s monthly sales growth accelerates, following slowdown earlier this year.
yahoo! finance:
- Deputy Treasury chief: ‘Hope’ Powell steps down from Fed board.
- Trump ups tariff ante with 22 letters, led by Brazil whammy.
- Brazil assets plunge after Trump hikes tariff rate to 50%.
- Meta poached Apple’s Pang with pay package over $200 million.
Trump confirms 50% copper tariff for Aug 1 and blasts Brazil with tariff threat.
Global Indexes
S&P 500
The S&P 500 resumed its positive rally.
DAX
The DAX smashed its resistance to continue its rally.
HANG SENG
The HANG SENG is still undecided about its direction, trading flat this morning.
NYSE & NASDAQ Stocks
Caterpillar Inc
CAT resumed its rally after a J-curve.
Meta Platforms Inc
META also resumed its rally after a J-curve and is about to test top resistance again.
JSE Stocks
JSE All Shares
The JSE All Shares is still hanging around top resistance with uncertain candles.
Impala Platinum Holdings Ltd
The uncertainty can also be seen on the graph of IMP with its long-legged doji.
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.
