The S&P 500 bounced higher this morning. But we’re just not seeing much follow-through.
Why?
Uncertainty is still large and in charge.
President Donald Trump’s tariff plans – specifically with China – have generated a lot of unknowns. So today, I figured we’d take a look at several charts to understand the recent moves.
We’ll start by looking at a few sentiment charts to get an idea of how investors are feeling right now. I’ll give you a hint – it’s negative.
But I’ll also share some bullish charts you need to pay attention to.
Regular readers know I’m a contrarian. Many investors would see the recent negativity and think it’s time to sell. But that’s not how I view it…
Now is the time to build out your watch list because there will be some great buying opportunities in both the short and long term.
I can’t say with certainty what will happen with the tariff situation. But I can say that I believe the market will hit a new all-time high by the end of 2025.
Stay the course, folks.
Here’s to the future,
Matt McCallEditor, Market Insights
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