The 1-Minute Market Report, April 26, 2026
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Erik Conley13.78K FollowersFollow5ShareSavePlay(6min)Comment(1)Follow us on Google for the latest stock newsFollow Seeking Alpha on Google for the latest stock newsSummaryThe 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 theThis article was written byErik Conley13.78K FollowersFollowI spent 30 years in the institutional trenches as a trader, analyst, and portfolio manager, eventually running the equity trading desk at Northern Trust in Chicago. Those decades shaped my approach: stay disciplined, trust the data, and keep emotion out of the way. Since 2009, when I began publishing my stock selections, my portfolio has delivered solid long term results—compounding in the mid teens annually through 2025. Today I’m a private investor and investing coach, with a rules based framework that helps people build better portfolios. My work focuses on systematic thinking, behavioral awareness, and evidence over opinion. For my market outlook and model portfolio updates, visit zeninvestor.org. .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. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.