Weekly Market Outlook 4/19/2026
Bullish Closure
Hello Traders,
It has been a historic two weeks for the markets. S&P erased a 10% drawdown to reach fresh highs quickly followed quickly by Nasdaq futures which are now within kissing distance of 27,000.
Seizing this turn of events, we lightened our stock portfolio and closed our CLS and ESLT positions completely.
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Hormuz Standoff continued over the weekend with the US blockade continuing as peace talks continue for another week in Pakistan.
So, how did we get here and what does it mean for the markets?
