It feels to me, after watching our indexes and stocks, that the market is at the point of inflection. It is either going to do a hard reversal lower or slowly continue creeping higher. 

We have one index that is taking a breather, but that same index is now golden. What does that mean? I will explain below.

I did tweak my setup, and it will go into effect at the close today at 4 PM.

Nine straight days! What does that mean? The S&P 500 has been up nine straight trading days. How many traders and how many retail investors like us have been left behind with this latest move?

What will next week bring to us and the markets? Do you think the S&P 500 will be up 161 points or down 161 points next week? That is not a random number, because last week it was up 161 points.

Let’s dive in.

Today turned out much better than I thought considering how it opened and the news.

GDP numbers and employment numbers coming in are not good, so today we are going to see a pullback at the open. I doubt the level I spoke about in last night’s post will hold.

Expect a 1 – 1.5% negative open.

Tomorrow is the last day of April and if I had a move left, this would be my move.

We had a very impressive move last week, and it was a breath of fresh air. The markets hate drama, and I hate drama when it comes to the stock market. Not one of my charts above, but the takeaways are pretty obvious. First, our stock market has taken the hammer since tariffs began. Worldwide markets have done well. Lastly, there is a lot of room for our markets to rip higher.

Last week we had a lot of indicators starting to fire and turn. So let’s take a look at where we are going into the last 3 trading days of April.

You have to ask this question: Will this ever end?

Today looked very bleak, so what was the damage, and do we need to make a move?

Since February 29, 2025, it has been a very rough ride. What I want to do this week is show you some signs of life. We all know that we are living in dangerous times for the stock market. Next week not only is the unknown tariff news still working, but we are also going to see 1/3 of the S&P 500 stocks report their quarterly earnings. The fear here is not what they report in earnings, but what they say about the future.

At the end of July, the real damage, if there is damage, is going to show up in the second quarter.

So let me show you some hopeful signs moving forward.

The day has come and now I am going to explain the why’s and what put me over the edge.