Market Summary:
Copper moving down. Gold is basing. Silver is retracing the move up.
Crude is a short. Natural Gas is a long.
The US 30yr Treasury is retracing the recent move up. The 10yr yields down to the 4.20’s.
The US Dollar is finding some support and near a long entry.
_________________
S&P 500 Futures #ESM25
Monthly –Monthly bar continues to rally. now back above 5700. 4832 was the low of the sell-off. Trade pressures are still in the neutral zone. Volumes closed the month of April as bullish. The 6283 price remains the adjusted high. The close above 5352 confirmed the weekly move higher.
Weekly – The weekly bar moves higher and touches the October median line. Trade pressures remain down, turning up. Volumes are bullish. The nest target up is 5911. A close below 5394 would confirm any daily move lower.
Daily – Long. In the new move up from 5319 on 4/23. Trade pressures are up. Volumes remain bullish.
The next target up is 5761. Thru the resistance at 5615. The expected overbought level rises to 5711.
A close below 5546 would signal lower. The expected oversold level rises to 5405.
[4-26-25: Set the SL at 5468.]
[5-2-25: Raise the SL to 5546.]
[5-7-25: Raise the SL to 5600.] [5-7-25: stopped out at 5600.]
___________________
Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is marked to the market and is restarted at $100,000 for the 2025 year.
These Navellier Top 5 portfolio stocks closed:
Down 35% for the 2022 Year.
Up 17% for the 2023 Year.
Up 42% for the 2024 Year.
Portfolio stock values for 2025.
The portfolio value is up for the week, now at $125,000.
The Year-to-Date portfolio performance is up 25%.