SPX at 7000 IXIC Extends Winning Streak MSFT Strengthens: Momentum Builds, Risks Rise
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 📈🥳🤑🫂
S&P 500 $SPX hits 7,000 for only the 2nd time in history 📈🥳🤑🫂
S&P 500 relative to M2 Money Supply 🚨 Dot Com Bubble vs. Now 😱👀
Over the last 35 years, April 15 has been the joint worst day of the year for the S&P 500 📉📉
2. $NASDAQ(.IXIC)$
Nasdaq on track for its 11th consecutive green day, its longest winning streak since 2021 📈📈
3. $Microsoft(MSFT)$
Microsoft $MSFT on track to close above its 200-week moving average for the first time in 4 weeks 📈 Historically, buying at this level has worked out pretty well 🤑
Stock Market on the brink of greed for the first time in more than 2 months 📈🤑🥳🫂
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Seems too good to be true. Markets are doing some good acrobatic work