SPX at 7000 IXIC Extends Winning Streak MSFT Strengthens: Momentum Builds, Risks Rise

AfraSimon
04-16 08:53

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 πŸ“ˆπŸ₯³πŸ€‘πŸ«‚

S&P 500 $SPX hits 7,000 for only the 2nd time in history πŸ“ˆπŸ₯³πŸ€‘πŸ«‚

S&P 500 relative to M2 Money Supply 🚨 Dot Com Bubble vs. Now πŸ˜±πŸ‘€

Over the last 35 years, April 15 has been the joint worst day of the year for the S&P 500 πŸ“‰πŸ“‰

2. $NASDAQ(.IXIC)$

Nasdaq on track for its 11th consecutive green day, its longest winning streak since 2021 πŸ“ˆπŸ“ˆ

3. $Microsoft(MSFT)$

Microsoft $MSFT on track to close above its 200-week moving average for the first time in 4 weeks πŸ“ˆ Historically, buying at this level has worked out pretty well πŸ€‘

Stock Market on the brink of greed for the first time in more than 2 months πŸ“ˆπŸ€‘πŸ₯³πŸ«‚

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.

Comments

  • Previ007
    04-16 11:09
    Previ007
    It’s strange the markets pricing in so much optimism.
    Seems too good to be true. Markets are doing some good acrobatic work
Leave a comment
1
2