MBCC TH 2nd May'25 - "4 out of Mag7 done, enough ammunition to push higher or do we go back down? What is the driving force here and what is the pain trade? Stock selection will be key!"

The markets are wondering whether or not we move higher back to all time highs, or back down as we have rallied on the “a deal is coming” but how do the numbers/fundamentals/earnings look. What is liquidity/derivatives and Institutional positioning telling us?