Home Market Outlook Today's Market Summary The S&P 500 posted a fourth consecutive weekly gain, hitting two new highs and continuing a powerful rally, with April up 9.8%. Nasdaq and Mag 7 stocks, especially Nvidia, led the market, signaling a strong risk-on sentiment and renewed tech leadership. Investors rotated into commodities, tech, energy, and high-beta growth, while selling non-US equities, healthcare, defensive sectors, and precious metals. The market remains expensive and overbought, supported by persistent liquidity, stable bids from wealth flows, and the perceived Fed put. SlavkoSereda/iStock via Getty Images Last week was the fourth week in a row with gains in the indices. It wasn’t a particularly strong week – up just 0.55% - but it did produce two new highs, one on Wednesday and another on Friday. One of the Analyst’s Disclosure: I/we have a beneficial long position in the shares of NVDA, AVGO, GOOGL either through stock ownership, options, or other derivatives.…