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đź’Ş This Is What Real Strength Looks Like
The S&P 500 is rallying.. and this time, it’s a little bit of everything.
Hamilton D
May 03, 2025
Everyone’s looking for the next crash.
You can see it all over social media.
BEAR MARKET RALLY, SELL THE RIPS, TARIFF NEWS COMING..
It’s exhausting.
Meanwhile, the S&P 500 (SPY) just closed its 9th consecutive day at a higher price than the day before.
That hasn’t happened since November 2004, by the way..
And it’s not just the Mag-7 stocks rallying. Or Tech. Or any one area in the market.
Nearly everything is ripping higher.
In other words..
This isn’t just a bounce. It’s a broad based breakout.
And if you’re still short, you’re fighting more than just price.
Let me show you what’s really happening under the surface.
More Stocks Are Ripping Higher Than Ever Before
Take a look at this chart.
Yes, SPY just closed its ninth green day in a row.
But what matters more is what’s happening underneath the surface.
The Advance Decline Line (ADL) just hit new all-time highs.
For those unfamiliar:
The ADL tracks how many stocks are going up versus how many are going down on a daily basis.
It’s one of the purest ways to measure market participation.
Here’s why it matters:
A lot of rallies are driven by a few mega caps doing all the heavy lifting.
Breadth stays weak, most stocks lag, and the rally fizzles out.
This isn’t that.
When the ADL hits new highs with price, it tells you the rally has support from the entire market, not just the flashy names.
It’s not just tech.
Not just Mag-7.
It’s everything.
That’s what separates a bear market rally from the real thing.
And right now?
This is the real thing.
We’ve Been On This All Week
Most traders miss these signals because they’re too focused on headlines instead of price.
We may have some pullbacks along the way, but this rally both looks and feels different.
And market breadth doesn’t lie.
It doesn’t get emotional.
It just tells you what’s really happening underneath the surface.
This is what a sustainable market rally looks like.
And we’ve been tracking it all week:
On Thursday, we highlighted the S&P 500 reclaiming a key level and how former resistance was turning into fresh support.
On Friday, we broke down Uber’s monster breakout and how our position was up nearly 100% while most traders missed it. It’s over 100% as of this morning.
And today, we’re showing you the Advance Decline Line hitting all-time highs. This isn’t noise.. it’s structure.
That’s how we approach the market:
One chart at a time. One day at a time.
No guessing. No narratives. Just price and participation.
Enjoy your weekend folks,
Hamilton
P.S.
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