The S&P 500 gained more than 10% in April. We've completed the first of May and both of them closed at all-time highs. It seems that the results of Magnificent Seven companies have been positive affected. At least, there are no problem so far. By the way, Trump announced that will be increasing tariffs on EU for cars trucks.
We hope that the rally continues. We don't want to see that "Sell in May and go away" effect 😀
❓ Note: Many people have asked where screenshots come from in my previous posts. I'm using Stock+ on iPhone and iPad. You can find it on the App Store. If you're using Android, I'm now sure if it's available, but you can try searching "Stock Map" or "Heat Map".
https://i.redd.it/lric48wl1lyg1.jpeg
Posted by vjectsport
8 Comments
lol, nothing is real
I’ve never understood ATH hype. The market is *usually* at ATHs
Hitting new highs while everyone is still waiting for rate clarity is kind of wild Feels like the market is pricing in a very smooth scenario
come on, pop
I bought puts at the 3rd top rejection. Fingers crossed for horrible news
Nasdaq and SP500 makes new ATH, but NYSE composite does not. Only 1 sector (XLK) has made new ATH since March. Unless the other sectors starts participating in this rally, I don’t think it is sustainable.
In fact, SP500 might have a shooting star today, but we won’t know for a few days.
Os the market worth more or is our currency worth less?
The stock market doesn’t make any sense right now, starting to feel more and more disconnected from the real economy