Market Summary:
Copper a new long entry. Gold and Silver trigger multiple sell stops.
Crude a new long. Natural Gas rallies to resistance.
The US 30yr Treasury in long trade.
The 10yr yields drop below 4.00%. The expected oversold level for the 10yr yield declines to 3.93%
The US Dollar rises on softer CPI and rate moves.
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S&P 500 Futures #ESZ25
Monthly –Monthly bar trading rallies to new highs. Trade pressures are up. Volumes closed the month of September as bullish. The 6841 price is the adjusted high. The next target up is 7148. A close below 6530 would confirm any weekly move lower.
Weekly – The weekly bar rallies off the support at 6581 to new highs. Trade pressures are up. Volumes remain bullish. The next target up is the prior high at 7072. A close below 6567 would confirm any daily move lower.
Daily – Flat. The channel lines are holding in an upward pattern. In the new move up from 6768 on 10/23. Trade pressures are up but very choppy. Volumes are bullish.
The next target up is 6852. The expected overbought level declines to 6788.
A close below 6767 would signal lower.The expected oversold level rises to 6648.
[OB/OS trend is narrowing.]
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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 rebalanced to start 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 sharply for the last week, to $151,000.
The Year-to-Date portfolio performance is up 51%.
The S&P 500 YTD return is up 14.57%