Market Summary:
Copper had sharp rally to resisitance. Gold rallies to the April trendline. Silver breaks out of bull flag.
Crudebreaks out of bullflag. Natural Gas remains in the pullback.
The US 30yr Treasury is again lower. The 10yr yields rise to the 4.50’s.
The US Dollar is a short.
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S&P 500 Futures #ESM25
Monthly –Monthly bar closes off the rally highs. Trade pressures remain in the neutral zone. Volumes closed the month of April as bullish. The 6233 price remains the adjusted high. The next target up is 6196. A close below 5754 would confirm any weekly move lower.
Weekly – The weekly bar is above the October median line, but retracing. Trade pressures rising to the neutral zone. Volumes remain bullish. The next target up is 6200. A close below 5662 would confirm any daily move lower.
Daily – Long. In the move up from 5855 on 5/26. Trade pressures are down but rising, but declining. Volumes choppy but finished the week as bullish.
A close above 5855 signaled higher. The next target up is 5976. The expected overbought level rises to 6001.
A close below 5857 would signal lower. The expected oversold level rises to 5702.
[5-26-25: Stopped out in the Memorial Day trading at 5849. Now a long trade after the bull flag breakout on the 120 min chart at 5855.]
[5-27-25: Set the SL at the BE, 5855.][Raise the SL to 5902.]
[5-28-25: Rasie the SL to 5912.]
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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 $125,000.
The Year-to-Date portfolio performance is up 25%.
Monday is a US market holiday. At the next business day’s open, Agnice Eagle Mines (AEM) will be replaced by Exelixis Inc.