Market Summary:
Copper has triggered a long entry. Gold at all time highs. Silver at the new long entry.
Crude near a long entry Natural Gasis a short.
The US 30yr Treasury, unusually, sells off in a down market. The 10yr yields rise above 4.00%.
The US Dollar crashes below 100.
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S&P 500 Futures #ESM25
Monthly –Monthly bar crashes below 4900 and then rallies back above 5000. Trade pressures are in the neutral zone. Volumes closed the month of March as bearish. The 6233 price remains the adjusted high. The 4917 target is met. A close above 55352 would confirm any weekly move higher.
Weekly – The weekly bar gaps lower then reverses higher. Trade pressures remain down. Volumes are now neutral. Reached the 4832, the October 2024 low. The close above 5244 confirms the daily move higher.
Daily – Long. Closed above the long entry price of 5138 in a powerful bear market rally. Trade pressures remain down, but rising. Volumes are neutral (short covering). Resistance is at 5528.
A close above 5528 would signal higher; then 5761. The expected overbought level declines to 5524.
A close below 5192 would signal lower. The expected oversold level declines to 4835.
[ The VIX, a measure of volatility (hedging), is extremely high, rising to 60 at one point. These levels increase the trading risks. Consider standing aside until the volatility declines.]
[Set the SL at 5313.]
[4-14-25: Raise SL to 5372]
[4-16-25: Stopped out for a gain at 5372.]
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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 dramatically for the week, now at $112,000.
The Year-to-Date portfolio performance is up 12%.