Charts Are Looking Suspiciously Green: 3 Signals Stocks Might Actually Be Back

US stock markets are staging a recovery from the March selloff, with three key signals aligning to signal renewed confidence. The rebound follows a volatile first quarter shaped by the US-Iran conflict, surging oil prices, and broad risk-off sentiment across equities and crypto markets. Somewhere, Bitcoin maxis are probably muttering "I told you so" while quietly checking if their NASDAQ puts are still bleeding.

The Winning Streak

The S&P 500 has posted its longest winning streak since October 2025. It has rallied 8% from its March 30 low, adding approximately $4.5 trillion in market cap over eight trading days. That's roughly 4.5 trillion reasons why "buy the dip" occasionally works, though crypto degens will note this pales in comparison to a solid meme coin pump. Nevertheless, the tape is green, the bears are confused, and portfolio managers are slowly unmuting themselves.

Breadth Improvement

Roughly 65% of the stocks in the Invesco QQQ Trust (QQQ), which tracks the Nasdaq 100, are now trading above their 10-day moving averages. That figure has jumped 40 points in just five sessions, the sharpest increase since November. In March's second week, only 12% of stocks traded above that same average—the lowest reading in at least six months. This is what recovery looks like when you measure it properly, not just counting the three mega-caps holding everything together like some kind of index-weighted house of cards.

The improvement extends beyond tech. More than 70% of stocks in the S&P 500 and the Dow Jones Industrial Average have also reclaimed their 10-day moving averages, suggesting the rally is broad-based rather than driven by a handful of mega-cap names. Gone are the days of "everything down, NVDA up"—well, mostly. The participation is real, and that's the kind of chart setup that makes technical analysts forget they called the bottom six times already this quarter.

Historically, the Nasdaq 100 has traded higher 80% of the time over the following 12 months after reversals of this magnitude. Past performance doesn't guarantee future results, but if Wall Street actually paid attention to historical data, they wouldn't have needed three crypto cycles to figure out BTC isn't going away.

Insider Confidence

Corporate executives also signaled confidence. In March, 26.4% of US publicly traded companies saw net insider purchases—the highest proportion in five months. The reading rose from 20.9% in February and exceeded the 10-year average of 23.5%. This marked the second consecutive monthly increase in insider buying. When insiders buy