$500 Billion Wall of Money

TAGS: Technical Analysis Software

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News in Brief

Bloomberg:

  • CATL’s 46% rise in Hong Kong sends premium over China to record.
  • Europe stocks extend win streak.

MarketWatch:

  • Nvidia officially gets its $4 trillion finish.
  • Trump’s Brazil tariff ‘sets a scary precedent’ given the US has a trade surplus with the country: economist.
  • A $500 billion wall of money will sweep the stock market higher in the second half, says JPMorgan.
  • Jobless claims fall to nearly 2-month low. No sign layoffs have risen due to trade wars.

yahoo! finance:

  • Stock futures fall as Trump threatens Canada with 35% tariff.
  • Trump White House opens new front in attacks on Powell.
  • Delta stock surges after airline posts earnings beat.
  • Nvidia stock set to rise after AI star becomes first to hit $4T.
  • Nutella maker Ferrero plans to buy century-old cereal maker WK Kellogg for $3.1 billion.

Nasdaq tallies record high with tariff fights in focus. Stocks pause rally amid Delta earnings, Trump tariff threats. Trump’s bullying of other countries will come back to bite him.

Global Indexes

S&P 500

The S&P 500 is slowly creeping upwards with the futures negating yesterday’s gain.

DAX

The DAX took a breather after it broke top resistance.

HANG SENG

The HANG SENG made a piercing candle to close on its EMA8 line. It is very strong today and trading well above the resistance.

NYSE & NASDAQ Stocks

NVIDIA Corporation Inc

This is what a $4 trillion graph looks like for NVDA.

Meta Platforms Inc

META is now hesitating with a high wave candle against its top resistance.

JSE Stocks

JSE All Shares

Uncertainty remains for the JSE All Shares with an inverted hammer candle this time. We have 7 uncertain candles next to each other!

Exxaro Resources Ltd

After hesitating at its 200 DMA EXX broke it with a 6.9% 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.

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