[0:07]What's up everyone? It's Kartik with Moneyvest and what an aggressive rebound in this market as expected, which we did talk about, we did discuss in our yesterday's market update that a technical rebound is on the table.
[0:21]And oversold recovery is on the table as well. And that's exactly what happened with the market pushing higher really really aggressively. So we had the S&P 500, uh, we had the Nasdaq, the Dow Jones all of them.
[0:35]pushing higher on the day. So this right here is what the market snapshot looks like with the Nasdaq pushing up over 3%, 3.4% to be precise.
[0:46]We had the S&P 500 up almost 3%. We had the Dow Jones pushing up over 2 and a half%. The Nasdaq composite up over 3.8% as well. The heatmap looks very very green as there's again, a lot of stocks pushing higher including technology, including the likes of Nvidia, Broadcom, Google, Meta, Apple, Microsoft.
[1:08]JP Morgan, we got Bank of America, Visa, MasterCard, I mean financial services, cyclicals, healthcare, Industrials, technology. They were all rotating back higher as energy was one of the big sectors down on the day.
[1:23]So energy was the only one, which is the best performing sector in 2026 pulling back and every every other sector pushing higher on the day.
[1:34]So that's exactly what we talked about in our previous videos that there will be a rotation, eventually there will be money flowing back into these names and you want to be positioned in these stocks before that actually happens.
[1:46]So oil extends gains after record monthly rally as Trump signals Iran war exit amid energy disruptions. So markets rally as Trump signals Iran war could end soon.
[1:57]Once again, so Dow surges more than 1,100 points in its best session since May on hopes the U.S. Iran war could end soon. That came after an unconfirmed report said Iranian President Masoud Pezeshkian is open to ending the war with guarantees.
[2:14]After markets closed, President Donald Trump said he expected that U.S. military forces would leave Iran in two or three weeks. And Trump had also lashed out at the UK and France on Tuesday, telling allies the U.S.A. won't be there to help you anymore.
[2:27]OpenAI closes record-breaking $122 billion funding round as anticipation builds for IPO. Oracle is cutting thousands in the latest layoff round as the company continues to ramp up AI spending as well.
[2:35]So these are some of the alerts that I sent out in our Discord. So I did close out my BMNR calls for a 97% profit or just over 1300 under 1300. And then also closed out my Palantir calls for 86% profit or $400.
[2:51]And this right here is my Tesla 990 covered calls which I'm actually keeping. I did not close these. 86% higher or just over $3500 in profit.
[3:02]The probability for us to get in the money is almost next to impossible on this. So I might as well just collect the other $500 left in this contract as well.
[3:11]But all in all, my portfolio was up nice $38,000 on the day or just over 2.4%. Total gain is still sitting at just over $350,000 or a little bit under 28% at the moment.
[3:25]So links's going to be down below. Today is the last day if you want to take advantage of this 40% annual discount. It does expire at midnight tonight.
[3:32]Any questions, email me at admin@moneyvest.com and again, this is going to be available and expiring tonight at midnight. So access to all the trade alerts, members only videos, portfolio updates, all of that is going to be available on our platform.
[3:47]Including the Moneyvest website with the Moneyvest Index, and then we've got the VIX dashboard, we've got the shopping list, we've got everything on here as well.
[3:55]So, first things first, this was already expected, right? We were not surprised to see the market rally as aggressively as they did because we were incredibly oversold.
[4:07]When you combine two, three really important indicators, when you look at the volatility, when you look at market breadth, when you look at the Moneyvest index, when you look at the RSI reading.
[4:15]All those reasons, all those things which I talked about were reasons for us to be short-term bullish, short-term optimistic on this market because we were trading down to some very attractive levels of support.
[4:29]So if I come over to the daily time frame, you'll notice that we traded down to these levels around 6350. And then this is the this is the boom that we're seeing today. This aggressive rally that we just witnessed on the day.
[4:42]Same thing with the Nasdaq as well, coming down to this area of support, perfectly validating it just under 21,000, and then boom, huge recovery, coming in up over 3.8, almost 4% on the day.
[4:55]Now, this was expected for multiple different reasons I pointed out earlier. If you come over to the Moneyvest Index, we were already down in fear. We're probably back at uncertainty.
[5:04]There we go, 2.69. It just took us one day to go from fear to uncertainty. 2.69, we're back higher. S&P 500, 2.82, also uncertainty. Volatility dashboard, I mean it came down. VIX got crushed today. It was down a little bit over 17%, coming back down to mid-20s, and we are no longer in rare territory.
[5:27]We are back in normal at 83 percentile. So came from rare to normal. 83 percentile. Moneyvest index from fear, back to uncertainty. If you come over to the RSI dashboard, we were also in 1% percentile, pretty rare reading.
[5:42]We're probably back to normal. 19%. So we're back up to 42. So you can see that in just one day, the RSI went from 27 to 42 from 1% to 19.4% and then for the VIX, it's the opposite, right? We went from 92, 93% to 83% and the market breadth also improved.
[6:04]So this was, these are the signals. These are quite literally the signals that we keep track of. When the market conditions align, when the market environment is strong.
[6:17]That is where we deploy capital, that is where the risk reward is really, really good. And you you look at the market from all of these angles, right? And it gives you confidence, it gives you a bit of a stronger idea that, okay, now.
[6:33]Risk reward is very good, we can expect some kind of a recovery here. Um, of course, March is over, so March is still a red month.
[6:40]Um, so S&P Nasdaq, they're both down. Uh, S&P's down over 5% in the month of March. We'll find out what April has in store for us, but we also have to consider the losing streaks. So if you come over to the dashboard right here, uh, you'll notice that we were on a five week losing streak.
[6:55]This week could change that, right? Because we haven't seen a lot of six week losing streaks. So this is a giving you a full breakdown of this, right? So S&P 500 uncertainty, Nasdaq uncertainty.
[7:07]Um, then if you come over to market breadth, 24% of stocks trading above their 50-day moving average, S&P's uh, 25, 24%, Nasdaq is 20%. And then if you come over to the uh, streaks here, the weekly streak, right now we're positive.
[7:20]We're actually higher this week. Is this going to continue? It's a short week as well, only Wednesday and Thursday left. Friday is a holiday. So two more weeks left if the markets can continue this upside momentum.
[7:34]Then, yes, we will break the five week losing streak here. Now the question is, is this over? I know that's going to be the main question on everyone's mind. Are we going back to all-time highs? Is this over? Are we out of this?
[7:48]And the answer is no. We're not. We're not out of the woods yet. This is far from over. This was nothing but an oversold technical rebound. That's really what I want you to take away from this video.
[8:00]is because the markets were so stretched on one end. Volatility was so high, RSI was so low, Moneyvest index was in fear. One small piece of hope, one small news. The President of Iran saying that we're open to ending the war. That's all it took for us to rally hard.
[8:19]And that's exactly what I also mentioned in my previous videos, is that Iran's comments are going to be far more important than US's comments because US is sending us mixed signals.
[8:27]Iran, whatever they say are going to be a little bit more clear and more important for the market and that's exactly what the markets responded to is when President of Iran came out and said they were open to ending the war and as a result, the markets recovered very hard.
[8:42]But, like I said, we're not out of the woods yet because we're still in the context of a lower high and lower low pattern. So this continues, this is the downtrend. We still have a resistance to watch for the Nasdaq at around 21,800. So this right here is going to be that level.
[8:58]For the very strong support down at 20,600, so a little bit under 21k for the Nasdaq as well. S&P 500, same thing, with a very, very strong recovery there.
[9:07]Again, a lot of consolidation and then a slow and steady drop. And right now we're pushing back higher, but we are still in the context of a downtrend. So lower highs and lower lows continue. We're not out of the woods just yet.
[9:20]So next resistance and target all the way up to I would say at 6700. So this right here is going to be that level to watch about 150, 170 points away. And support level is going to step it at roughly at 6350. That's exactly what we are validating right now for S&P 500.
[9:37]Uh coming over to Apple and before we get to individual stocks again, volatility dropping. Next target to keep in mind is going to be the low 20s, so 21 is going to be that level to keep in mind.
[9:47]Market breadth improved quite substantially. You can see the big spike there. 35% of stocks trading back above their 20-day moving average. That is a big, big spike. And you can see that we came very close down to the green rectangle, right? 13%. Does not take a genius.
[10:02]It does not take a genius to know the markets are going to rebound from here. You know, it's all about looking in the right places and that's what I that's what I'm here for. I'm not here to tell you what the markets are going to do.
[10:14]I'm here to tell you the data driven signals, real quality signals that will help us connect the dots and actually understand where the risk reward really is. And as you can see, a lot of these were already screaming for this market rebound.
[10:30]Market breadth was oversold, RSI oversold, volatility at a very, very high price point in the 92nd percentile, Moneyvest index was low, five weeks losing streak. So again, you connect all these and you get to a pretty simple conclusion that, okay, you can expect some kind of a rebound very soon in the market.
[10:47]But that does not mean it's going to lead into a longer-term rally or back to all-time highs because we are still, I think for the Nasdaq, we are still in uh a correction right now. We might not might might be out of it, but let's see. We're down, yeah, barely.
[11:00]We are just like borderline in a correction right now. So we are just at 9.99% down from all-time highs. That's crazy. We are just like borderline correction.
[11:14]If I show you the exact values, um, and come over to this market concentration or market snapshot.
[11:21]And we're going to take a look here very quickly. So if you took a look at Delta here, um, then you've got the S&P 500 down 6.77% in a pullback. And the Nasdaq 100 is 9.33%. So we are quite literally very close to a correction.
[11:40]Although we're out of it now, which is good, but we're very close to one still. Uh coming over to Apple. Apple also bouncing off of this area of support at 245, 250. Uh resistance all the way up to 254.
[11:53]So this is going to be that level to watch as a resistance. Again, a lot of consolidation sideways and support level like I said, is going to stay for roughly at 245, 246 with the resistance up to 254.
[12:01]Coming over to Amazon, and Amazon also consolidating sideways. Support level is going to say for roughly at 196 for Amazon with a resistance all the way up to 215 for Amazon as well. Again, a lot of consolidation sideways is what we're seeing for Amazon.
[12:15]Tesla pushing higher, but still, as I mentioned earlier, in the context of this lower high and lower low pattern. So that's the downtrend. We're seeing a little bit of a bounce back higher. Resistance all the way up to 383, 384 for Tesla.
[12:29]Coming over to Nvidia with a very strong and nice bounce backup from 164, 165. Uh resistance all the way up to as much as 180 to 185 for Nvidia.
[12:40]And right now, once again, we're seeing a lot of consolidation sideways with a very nice technical rebound and a bounce from 164 to 165. Advanced Micro Devices also pushing up 3.77%.
[12:53]Again, a lot of consolidation sideways is what we're seeing for Advanced Micro Devices and Broadcom is also pushing up 5 and a half%, breaking above this resistance at 307, $308, with a very strong support down at 280 for Broadcom as well.
[13:07]Coming over to Meta Platforms and Meta here also with a very strong rebound here. 6.6%. Almost every single stock here on the list obviously went up very nicely higher on the day. Uh Meta's got a resistance now at 580, 581.
[13:21]And a very strong support down at 520 and of course it was incredibly oversold and we did have institutional buyers stepping in for Meta. So there's some big orders coming in for Meta Platforms.
[13:32]Coming over Palantir. Palantir also pushing higher up over 6%. Good thing I closed out my covered call for 410. Support level is going to step it at roughly at 125 with the next resistance all the way up to 168 for Palantir moving forward.
[13:46]Coming over to Netflix, and Netflix also pushing up 3.4. Starting to break out above this resistance here. Next target is going to be all the way up to 99, close to $100 for Netflix.
[13:57]And finally coming over to Google and Microsoft. Google here also recovering from that support of 269, 270. Google's been really bought up from a lot of institutional investors. So they seem to be buying in some good quantities.
[14:10]Dollar cost averaging, accumulating here in these stock, uh in this stock here. Support level is going to stay for 270. Next target all the way up to 309 and 310 for Google.
[14:19]And finally coming over to Microsoft. Uh it's also bouncing off of that support here at 353. Getting a resistance back up to 380s. Of course, one of the most oversold uh stock here among magnificent seven is Microsoft.
[14:33]So hope you all enjoyed this video and a complete update on this market. Again, I want to repeat myself that we are not out of the woods just yet. Couple more hours left if you want to take advantage of that 40% annual discount that's going to be available. Uh until midnight tonight.
[14:47]Any questions, email me at admin@moneyvest.com and I'm more than happy to help. And as always, happy investing. I'll see you all in the next video.
