While the NASDAQ and NDX continue to streak higher, both are doing so with very little underlying support and broader based market weakness.
The whole sequence from the beginning of May has the same foul stench of the 2000 top with the same fundamental and sectors driving it.
So if you're long here, be mighty careful with solid sell stops highly suggested.
And, no, this hasn't been anything near a bull market since the January 21, 2022 top.
In fact, things seem to be shaping up to be a more ferocious bear sequence then I originally thought it could be when we had last year's kick off.
Have a great weekend!