Markets are hitting fresh highs with strong momentum, led by tech, as sentiment shifts toward greed.
While the trend remains bullish, extended streaks and elevated positioning suggest a near-term pause could be approaching.
1. $S&P 500(.SPX)$
S&P 500 hits new all-time high ππ₯³π€π«
S&P 500 $SPX hits 7,000 for only the 2nd time in history ππ₯³π€π«
S&P 500 relative to M2 Money Supply π¨ Dot Com Bubble vs. Now π±π
Over the last 35 years, April 15 has been the joint worst day of the year for the S&P 500 ππ
2. $NASDAQ(.IXIC)$
Nasdaq on track for its 11th consecutive green day, its longest winning streak since 2021 ππ
3. $Microsoft(MSFT)$
Microsoft $MSFT on track to close above its 200-week moving average for the first time in 4 weeks π Historically, buying at this level has worked out pretty well π€
Stock Market on the brink of greed for the first time in more than 2 months ππ€π₯³π«
Comments
Seems too good to be true. Markets are doing some good acrobatic work