Market Summary:
Copper stopped out for a gain. Gold and Silver trade pressures are still rising. GVX declining, allowing risk.
Crude continues lower. Natural Gas in channel now with a positive bias.
The US 30yr Treasury testing the downward sloping median line.
The 10yr yields decline to 4.24%. The expected overbought level for the 10yr yield declines to 4.38%.
The US Dollar – rallies inside the move down.
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S&P 500 Futures #ESM26, #MESM26
Monthly –Monthly bar recovers and is making new ATH’s. Trade pressures remain up, but declining. Volumes closed the month of March as bearish. The 7185 price remains the adjusted high. The next target up is 7258. A close below 6875 would signal a failure of the move up.
Weekly – The weekly bar breaks above the Jan 30 downtrend line. Trade pressures rise into the neutral zone. Volumes remain bullish. Moving higher off the 6863 entry, the next target up is 7374. A close below 6968 would confirm any new daily move lower.
Daily – Long. In the move up from the 6467 long entry on 3/31. Trade pressures are up. Volumes remain bullish.
The next target up is 7326, which is weekly resistance and is also above the OB level. The expected overbought level rises to 7149.
A close below 7099 would signal lower. The expected oversold level rises to 6752.
[OB/OS trend is rising.]
The VIX closes below 19 indicating market is investable.
[4-18-26: Raise the SL at 7099.]
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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 reset to start at $100,000 for the 2026 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.
Up 48% for the 2025 Year
Portfolio stock values for 2026.
The portfolio value higher for the week, at $140,000.
The Year-to-Date portfolio performance is up 40%.
The S&P 500 YTD return is 2.86%