Momentum remains strong but increasingly stretched in select names, raising near-term pullback risk. Meanwhile, TSLA’s consolidation could position it for relative strength on the next move. 1. $Lightwave Logic, Inc.(LWLG)$ $LWLG — 5th instance crossing 10x ATR% move from the 50-MA within a year. Not the ideal spot the chase the rally based on historical pullback from this extension. 2. $Aehr Test(AEHR)$ $AEHR — Gapped to ~15× ATR% from the 50-MA, likely due for a pullback similar to $Marvell Technology(MRVL)$ within the semiconductor ecosystem 3. $Tesla Motors(TSLA)$ $TSLA let it rest and consolidate above $380 is fine.

The equity market had a strong start to the week. There was a broad rally on Monday and Tuesday as the market bought into the idea that the Fed would soften its approach sometime soon. However, sell off resumed in the final day of trading as rates pop after September jobs report. The 10-yr note yield rose 8 basis point on the week to 3.88%. The 2-yr note yield rose 10bps on the week to 4.30%. Notably, the stock market was able to hang onto some of its gains this week despite heavy losses on Friday. The S&P 500$S&P 500(.SPX)$ was up 1.5%; the Dow Jones Industrial Average$DJIA(DJIA)$ was up 2.0%; the Nasdaq Composite$NASDAQ(.IXIC)$ was up 0.7%.The latest U

S&P 500 (+1.8%) and Nasdaq (+2.0%) recorded solid gains for the week amid volatility faced in recent days.The war in Ukraine will again continue to weigh on the markets with any breakthrough on ceasefire unlikely to happen any time soon. Investors also will closely follow US payrolls report and personal consumption expenditures data for any clues on how fast the Fed will tighten the monetary policy.Here’s what you need to know to start your week.1. Nonfarm payrollsFriday’s nonfarm payrolls report for March could help markets get a sense of whether the Fed’s roadmap for rate hikes is too aggressive or not aggressive enough.Indications of continued strength in the labor market would underline the case for a more aggressive pace of rate hikes as the Fed battles to curb soaring inflation.T

1.You grow so much more as a trader in technical execution, risk management, and emotional control from cycle of corrections, than periods of market rally. turn up daily, embrace the experience. you will thrive eventually.This is my chart analysis of hot stocks: $Poshmark, Inc.(POSH)$ $Cano Health(CANO)$ $IronSource Ltd(IS)$ $fuboTV Inc.(FUBO)$  2.MMTW,MMFI and MMTH is sitting beyond oversold level for the 3 day in a row. a snapback rally in this bear market looks very probable for the days ahead.https://twitter.com/jeffsuntrading/status/1574977226356903937

Index Futures Update $E-mini S&P 500 - main 2606(ESmain)$ -0.03% $E-mini Nasdaq 100 - main 2606(NQmain)$ -0.04% Losses have been mostly pared back, with selling pressure easing. Honestly wouldn’t mind more headline shocks from POTUS to really test the market’s resolve. This could be another classic reminder price action and relative strength matter more than headlines when it comes to momentum trading. Futures are holding up better than expected after the weekend’s failed peace talks, especially compared to the -1.5% to -2% news driven drops we saw just weeks ago. $ES is currently only -0.74% and red to green intraday after gap down. Feels like a regime where bad news brings shallow pullbacks,

Latest 1-Month Relative Strength of Liquid 26 (Rank Sorted), Including their Long/Short Synthetic ETFs.Strongest: $AppLovin Corporation(APP)$ $Tesla Motors(TSLA)$ $Rigetti Computing(RGTI)$ $Hims & Hers Health Inc.(HIMS)$ $Oklo Inc.(OKLO)$ $UnitedHealth(UNH)$ $Alibaba(BABA)$ $Riot Platforms(RIOT)$ $Broadcom(AVGO)$ $Tempus AI(TEM)$