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Michael Oliver: A Stock Market Tombstone Event

Tom Bodrovics welcomes Michael Oliver to the new podcast. Michael is CEO of Momentum Structural Analysis (MSA) and together they discuss various market dynamics and trends. Oliver emphasized that the S&P 500 is at the top of a major bubble, which has been evident since late 2024 or early 2025. He noted that the recent surge in the S&P, despite making new highs, is a counter-trend rally within a broken long-term uptrend. Oliver highlighted that historical patterns, such as those seen in 2000 and 2007, suggest that the current market structure is similar to past market tops.

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