Stocks Tumble

TAGS: Technical Analysis Software

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News in Brief

Bloomberg:

  • Asia stocks waver on Fed uncertainty after US data.
  • Stocks fall as US services flash warning signals.

MarketWatch:

  • Stocks are tumbling. Charts suggest a deeper drop might be just getting started.
  • AMD’s stock falls despite strong earnings outlook. Is China the reason?
  • India ETF struggles to snap weekly losing streak after Trump’s tariff threat.

yahoo! finance:

  • Countries scramble for deals as tariff deadline looms.
  • AMD posts mixed results but reassures on AI demand.
  • Trump says he will decide on Fed governor before end of the week.

Stocks are tumbling as tariff deadline looms. Markets have no clear direction.

Global Indexes

S&P 500

The S&P 500 closed just below its EMA8 line moving sideways.

DAX

The DAX is hanging below its 50 DMA resistance.

HANG SENG

The HANG SENG closed on its EMA8 line resistance.

NYSE & NASDAQ Stocks

Novo Nordisk AS

NVO corrected 32% for the week and 63% for the year so far. Frontrunner predicts that the pain is not over.

Amazon.com Inc

AMZN made a breakaway gap downwards, like most shares, to close below its 50DMA support with a 8.3% drop.

JSE Stocks

JSE All Shares

The JSE All Shares made an inverted hammer candle close to top resistance.

Gold Fields Ltd

It is still gold shares that are climbing with GFI the leader.

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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