Market Summary:
Copper took profits. Gold a short. Silver near overbought.
Crude is a long. Natural Gas at support and near a long entry.
The US 30yr Treasury is a long. The 10yr yields down to the 4.20’s.
The US Dollar is finding some support.
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S&P 500 Futures #ESM25
Monthly –Monthly bar crashes below 4900 and then rallies back above 5500. Trade pressures are in the neutral zone. Volumes closed the month of March as bearish. The 6283 price is the adjusted high. The 4917 downside target was touched. The close above 5352 confirms the weekly move higher.
Weekly – The weekly bar moves higher and closes above the 2/21 downtrend line. Trade pressures remain down. Volumes remain neutral. The close above 5268 confirms the daily move higher.
Daily – Long. after a 5 day retracement, a new breakout at 5319 on 4/23. Trade pressures are up. Volumes are bullish.
The next target up is 5634. Resistance at 5615. The expected overbought level rises to 5524.
A close below 5375 would signal lower. The expected oversold level rises to 5146.
[4-26-25: Set the SL at 5468.]
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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 $120,000.
The Year-to-Date portfolio performance is up 20%.
(The SPX is up 8% YTD.)
Howmet Aerospace (HWM) will be replaced by Palantir Tech (PLTR) at the next open.