[Viewpoint: The Current Market is a 'Headline-Driven Market'] BlockBeats News, April 18: The Strait of Hormuz 'reopens,' the Nasdaq extends its winning streak to 13 sessions with new highs, U.S. crude oil plunges, and gold and silver surge. Looking ahead, Matt Powers, managing partner of Powers Advisory Group, stated that the market may have reached a short-term bottom, but overall trends remain highly dependent on external factors. Powers cautioned that the current market is still a typical 'headline-driven market.' Changes in oil prices, Federal Reserve policy pace, and geopolitical developments could all rapidly shift market sentiment. Powers noted that the rapid recovery of U.S. stocks indicates that the underlying market trend remains solid, 'reflecting the market's considerable resilience.' Powers emphasized that for the market to sustain its upward momentum, broader participation from more sectors and individual stocks is needed to enhance market breadth. Additionally, corporate earnings performance will be a key factor in supporting the market. UBS strategists also stated that U.S. stocks still have room to rise in the coming year, thanks to strong corporate profit growth and a robust U.S. economy. (The Paper)