Powell Raises the Stakes

TAGS: Technical Analysis Software

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News in Brief

  • Fed served with DOJ subpoenas; Powell vows to stand firm.
  • Trump faces Fed roadblock as Key Republicans blasts justice probe.

MarketWatch:

  • The market is more sensitive to the latest battle between Trump and Fed chief Jerome Powell.
  • Stocks are signaling that another commodities ‘supercycle’ is afoot in 2026.
  • Could Apple’s Gemini deal be the catalysts the stock needs?

yahoo! finance:

  • Powell raises the stakes in make-or-break fight for the Fed.
  • ‘Sell America’ revives as Trump ups the ante on Fed.
  • Trump says ‘we’re screwed’ if Supreme Court rules against tariffs.

Pulte seen as key instigator behind Powell subpoena.

Global Indexes

S&P 500

The S&P 500 closed at a new high edging higher.

DAX

The DAX is in blue sky overbought territory. No sign of turn.

HANG SENG

The HANG SENG made a large engulfing bull candle after the turninh hammer candle.

NYSE & NASDAQ Stocks

Alibaba Group Holdings Ltd

BABA blasted past all resistance with a gap.

Solaredge Technologies Inc

SEDG broke its 50 DMA resistance. Notice the saucer formation.

JSE Stocks

JSE All Shares

The JSE All Shares followed global markets and closed at a new high.

Impala Platinum Holdings Ltd

IMP still has a trending steep trend line with a yearly gain of 195%.

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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