Markets In Synch — Big Potential Ahead.

Evaluating the *NEXT* Big Move.

A week for the history books:

✅ “Since 1928, this is the first time the S&P has made new all-time highs in 11 days or fewer after falling 5-10%.” (Bespoke Investment Group).

✅ “One of the most powerful rallies since World War II.” (Bloomberg)

✅ Stocks took just 11 days to spike from oversold to overbought — the second fastest rally in history, only surpassed by August 1982:

---

---

One of the most powerful moves in history:

Since bottoming 13 days ago, the NASDAQ has rallied +18%:

In the NASDAQ’s 55-year history, this strength was extremely rare:

✅ It launched four Bear Market rallies in 2000-2001.

✅ It launched seven Major Bull Markets, and one Bull Market extension:

• 1974 Major Bull Market

• 1982 Major Bull Market

• 1991 Major Bull Market

• 1992 Bull Market extension

• 1998 Major Bull Market

• 2002 Major Bull Market

• 2009 Major Bull Market

• 2020 Major Bull Market

What will history say, if we look back 12-24 months from now?

Are you ready for all possibilities?

---

On the initial ceasefire announcement, we discussed “the HARD trade”:

Scanning big accounts on X last night, we noticed a chorus of experts saying the ceasefire will fail, the two sides are too far apart, the technicalities of reopening will be difficult to navigate.

These opinions show knee-jerk bearishness — and make me think the HARD TRADE here is to listen to the market, and let it decide where it wants to go. (“When all the experts agree, something else is going to happen.”)

Old subscribers will recall this is how we approached the post-April 2025 recovery — we rolled up our sleeves and looked for opportunities. Damn the torpedoes…

This is the hardest trade to make here.

Maybe it’s the right move.

Did anyone think stocks would be at all-time highs in 11 days?

No, and THIS IS WHY we follow price.

“Have a plan, and follow it — always.”

---

In today’s report:

✅ What are markets saying — and what could be ahead?

✅ Evaluating potential trajectories, and what we know so far.

✅ Froth is returning — time for a pullback?

As always:

Listen to what stocks are doing, not what pundits think they should be doing.

Have an *actionable* investment plan, and work on it daily.

Onwards and upwards — have a nice weekend.

Good luck to all this week.