Bullish Signals Are Back — But Inflation Is Still Rising…

Hedgeye
HedgeyeApr 15, 2026

Why It Matters

Renewed bullish momentum offers short‑term opportunities, but rising inflation and a weakening dollar create headwinds that could reshape risk and return expectations for investors.

Key Takeaways

  • Bullish trends reappear for major tech stocks and Bitcoin.
  • Crypto assets like Bitcoin and Ethereum flip to bullish signals.
  • Inflation pressures rise as oil prices hover near $93 per barrel.
  • Dollar weakness may alter traditional commodity‑dollar correlations in markets.
  • Analysts advise waiting for lower risk range before committing longs.

Summary

The video discusses a rapid market swing, noting that bullish signals have re‑emerged for many of the “MAG‑seven” tech giants and for leading cryptocurrencies after a period of broad bearishness.

Google, Netflix, Amazon, Nvidia and Meta now show green trends, while Apple slipped to neutral. On the crypto side Bitcoin turned bullish this morning, Ethereum followed, and miners such as Marathon and Circle also flipped to positive momentum. Analysts caution that they will wait for the lower end of the risk range before adding long positions.

Despite the optimism, the host warns that inflation is accelerating, driven by oil prices near $93 a barrel. A weakening dollar is also reshaping the usual inverse relationship between the currency and commodities, keeping inflationary pressure alive even if oil eases.

The mixed picture means investors must balance the lure of renewed upside with the backdrop of rising costs and potential commodity‑dollar decoupling, influencing portfolio allocation and risk management strategies.

Original Description

The market just made a major shift — and it happened fast.
After a sea of red just days ago, we’re now seeing a wave of bullish signals across Big Tech and crypto. Amazon, Meta, Nvidia, Google, and Netflix are all flashing strength, while Bitcoin and Ethereum have flipped back to bullish trends. Even Bitcoin miners and related names are starting to follow.
But this isn’t just about price action — it’s about adapting to change. What worked yesterday isn’t what’s working today, and the market is forcing investors to stay flexible.
At the same time, a bigger macro story is still unfolding:
Inflation continues to accelerate, driven by elevated oil prices
The dollar may be entering a bearish phase
Key correlations (like commodities vs. dollar) are starting to shift back to historical norms
So while risk assets are turning up, the inflation backdrop hasn’t gone away.
#StockMarket #Bitcoin #Crypto #Investing #Inflation #Macro #Trading
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