DAILY CHARTBOOK
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Today’s 4.8% decline was the worst since June 2020
Here is the full list of reciprocal tariffs. Noticeably absent: Canada, Mexico, Russia.
"Historically, when the SPX breaks a quarterly streak of exactly 5 up quarters, forward returns are negatively skewed"
The trend is your friend, until it ends. The U.S. stock market is no longer in an Up-trend
"A record 51% of UMich survey respondents are now making unsolicited negative comments about government economic policy"
There have only been 2 other instances where the % of AAII bears stayed above 50% for at least 5 consecutive weeks
