April 16, 2026
Markets:
U.S. stock futures were marginally higher on Thursday after both the S&P 500 and Nasdaq Composite rose to fresh records during the regular session.
In the regular session, the S&P 500 and tech-heavy Nasdaq rose to new all-time highs and closed at new records. The broad market index advanced 0.80%, while the Nasdaq Composite gained 1.59% to post its 11th straight gain in a row. The blue-chip Dow bucked the trend, losing 72.27 points, or 0.15%.
The moves came after President Donald Trump said in a prerecorded Fox Business interview that aired on Wednesday that the Iran war is “very close to over,” claiming that Tehran wants to “make a deal very badly.”
Trump also announced Wednesday that talks between Israel and Lebanon will take place Thursday. Israel halting its attacks on Lebanon has been a key condition for Iran war negotiations beginning, the speaker of Iran’s parliament has said.
For Washington and Tehran, a second round of negotiations is under discussion, but nothing has been officially scheduled yet. That’s according to a White House official who asked not to be named to discuss the administration’s internal plans.
Stocks have risen in recent days on hopes for an eventual peace deal between the U.S. and Iran. The S&P 500 started off the week by wiping out all of its losses since the beginning of the Iran war.
Portfolio:
Well, would you look at that! QTrader alerted us to the start of this Q's run and now QQQ is in uncharted territory at all time highs this morning near 640. Support sits at 634 and 630 with 640 acting as resistance for now. Keep an eye on these levels because the structure here is very clean.
SPY breaks above 700 for 1st time in 33 years.
We enter the day holding setups in AMPX and STM.
Nuclear and uranium companies are set to extend this week’s rally after the White House released rules for establishing a National Initiative for American Space Nuclear Power. Oklo (OKLO) +7%, NuScale Power (SMR) +10%.
AI options, Datacenters, Nuclear, and Space sector continue to be red hot. Now bitcoin wants to join?? Two weeks ago, the narrative was that the market could not rally in this environment. Now here we are. Very few understand what is developing and what is coming. Our community will be ready and in full attack mode.
A monster period ahead is coming…understand the opportunity in front of you! Let's have a great day and prepare for the coming months!
