DANGER: Why This "Record Rally" Could Vanish Instantly

(New Market Video Update)

Author

Don Kaufman
May 02, 2025

Don Kaufman here. 

We're witnessing something that hasn't happened since 2004 – the S&P has ripped higher for 10 consecutive days!

On Friday, we saw the S&Ps jump 90+ handles, hitting the upper edge of the expected move. The bulls are celebrating, volatility is finally showing meaningful decline, and many are ready to declare "we're back, baby!"

But here's my warning: You are a tweet away from a 200-300 point move in the S&Ps.

In my latest market update, I break down why this rally is real but incredibly precarious:

  • WARNING: The volatility backwardation red flags that indicate we're far from normal market conditions – and what this means for your positions

  • The eye-opening disconnect between market euphoria and Fed expectations – why the S&Ps are ripping higher even as rate cut probabilities drop dramatically

  • The sneaky bond market reality nobody's talking about – and why higher interest rates combined with 145% China tariffs creates a dangerous cocktail

  • China may tweet all over you – my unfiltered take on why negotiations won't be the smooth path the market is pricing in

  • REVEALED: Why retail investors are pouring record capital into this market – and the defined risk strategy you must use if you're jumping in

The rally's real, but don't get too comfortable.

To your success,

Don Kaufman

P.S. The expected move for next week is only 127 points – suspiciously small compared to our recent daily moves. Find out why I believe this is a dangerous setup and how to position yourself properly by watching my latest update here: WATCH VIDEO