Ten consecutive green sessions. T
The S&P 500 within touching distance of a fresh all-time high at 7,002.
Markets have erased every loss since the Iran war broke out and then some. The Nasdaq is up 14% from its recent lows. The Mag 7 has surged a cumulative 15% in ten trading days. NVDA is on an 11-day winning streak, its longest on record. Breadth has improved. Market psychology has shifted.
Conviction in value means owning AI infrastructure and financials with real earnings support, not chasing the Nasdaq headline.
Following momentum means riding the wave but knowing exactly when to get off, which means watching the Iran ceasefire status, oil prices, and the FOMC on April 28-29 simultaneously.
This rally has legs if Iran holds, earnings deliver, and FOMC stays neutral. It reverses fast if any one of those three breaks. Choose your positions accordingly. I am not a financial advisor. Trade wisely, Comrades.
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