According to The Kobeissi Letter, the S&P 500 has officially closed higher for its ninth consecutive trading day, marking the first such streak since 2004 (source: The Kobeissi Letter on Twitter, May 2, 2025). This extended bullish momentum is significant for traders, as it signals strong market confidence and could influence short-term trading strategies, particularly for those monitoring large-cap U.S. equities and correlated crypto assets. With the S&P 500 acting as a benchmark for global risk sentiment, this historic run may contribute to increased volatility and trading opportunities across both traditional and digital asset markets.

According to The Kobeissi Letter, the S&P 500 has closed positive for 8 consecutive trading sessions, marking the longest winning streak since August 2024. This rare event has only happened 7 times in the past 20 years, highlighting its statistical significance for traders. Since its April 7th low, the S&P 500 has surged by 17%, fully recovering all losses following the post-April 2nd 'Liberation' event. Such momentum signals a strong bullish sentiment and may prompt traders to watch for potential continuation or profit-taking, referencing historical price action for similar streaks (source: @KobeissiLetter on Twitter, May 2, 2025).

According to The Kobeissi Letter, the S&P 500 index has closed positive for 8 consecutive trading sessions, marking its longest winning streak since August 2024. Historically, such a streak has only occurred 7 times in the past 20 years, making it a rare event. The S&P 500 has also surged 17% since its April 7th low, fully recovering all losses sustained after the April 2nd 'Liberation' event. Traders should note that previous streaks of this length have often signaled strong market momentum, potentially indicating continued bullish sentiment or an overbought condition, depending on broader market context (Source: @KobeissiLetter, May 2, 2025).

According to Eric Balchunas (@EricBalchunas), the S&P 500 Index (SPX) has closed higher for 6 consecutive trading days as of April 29, 2025, marking its longest winning streak since February 2024. This sustained rally suggests ongoing bullish momentum and may signal continued strength in large-cap equities. Traders are closely monitoring technical resistance near recent all-time highs, as well as increased volume on up days, which can serve as confirmation of trend strength (source: Eric Balchunas on Twitter, April 29, 2025).