The NASDAQ is getting very overbought now pic.twitter.com/z17pmfybR7
— Markets & Mayhem (@Mayhem4Markets) May 2, 2025
Small caps stuck from breaking out.
Not a broad rally.Market breadth as measured by New New Highs across NYSE & Nasdaq markets has been mostly flat.
This rally is not “hated”— it is suspect. pic.twitter.com/fd5ctBBur4
— tom 🖍 (@tomthetrader1) May 2, 2025
Bulls, I told you last time.
Crack is illegal. pic.twitter.com/9E7YDMBoMh
— Mac10 (@SuburbanDrone) May 2, 2025
Nobody will see this coming… pic.twitter.com/LqmSuuQ4yi
— Bravos Research (@bravosresearch) May 2, 2025
The story goes like this…
Trump starts a global trade war, so global central banks (ex-U.S.) begin coordinated easing which gins up global markets.
Meanwhile, global macro collapses.
And they lived happily ever after. pic.twitter.com/WZI6t5DapW
— Mac10 (@SuburbanDrone) May 2, 2025
After an 18% rally from the April lows, the S&P 500 is now up since the "Liberation Day" tariff announcement. $SPX pic.twitter.com/O7ZgfAwzmU
— Charlie Bilello (@charliebilello) May 2, 2025