Isleigh
04-16 05:02
🚀 Nasdaq 10-Day Streak: Rally or the Setup Before the Drop?

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.

S&P 500, Nasdaq New Highs! Is 7000 Start of a New Bull Run?
The S&P 500 edged up 0.26% today, consolidating near record highs in a narrow range as markets await clear direction from next week's Federal Reserve meeting. Sector rotation was evident with defensive and growth stocks advancing in tandem, though volume came in below the 20-day average, signaling cautious positioning among major players. A hawkish Fed stance could trigger heavy selling below 7,000, while dovish signals may open the door to $7,100. How should portfolios be dynamically rebalanced at these elevated levels?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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