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Retail investors are becoming even more bearish:
The share of individual investors expressing bearish sentiment over the next 6 months in the AAII survey hit 61.9%, the most since March 2009.
This is also the 3rd-highest reading since the survey began in 1987.
By comparison, the 2022 bear market peak was 60.8%.
AAII Bearish Sentiment has been above 55.0% for 6 consecutive weeks, the longest stretch since the 1990s.
This has surpassed the previous 5-week streaks during the 2008 Financial Crisis and the 2022 bear market.
Market sentiment has rarely been this pessimistic.
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Retail investors are becoming even more bearish:
The share of individual investors expressing bearish sentiment over the next 6 months in the AAII survey hit 61.9%, the most since March 2009.
This is also the 3rd-highest reading since the survey began in 1987.
By comparison, the 2022 bear market peak was 60.8%.
AAII Bearish Sentiment has been above 55.0% for 6 consecutive weeks, the longest stretch since the 1990s.
This has surpassed the previous 5-week streaks during the 2008 Financial Crisis and the 2022 bear market.
Market sentiment has rarely been this pessimistic.
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BREAKING: President Trump comments on the stock market's reaction and says "it's going very well" and the "market is going to boom."
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BREAKING: President Trump comments on the stock market's reaction and says "it's going very well" and the "market is going to boom."
We just witnessed history:
After "Liberation Day" tariffs, the weighted-average US tariff rate has jumped to a whopping 29%.
Not even the Smoot-Hawley Act during the 1930s Great Depression saw tariff rates this high.
Are you ready for what's next?
(a thread) https://t.co/kOLjN5xNnj tweet
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President Trump on March 6th: "I'm not watching the stock market.
President Trump today: https://t.co/h0kkwDShrG
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President Trump on March 6th: "I'm not watching the stock market.
President Trump today: https://t.co/h0kkwDShrG
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BREAKING: Stock market losses reaccelerate and fall toward a new low of the day with the Nasdaq 100 down -1,000 points. https://t.co/905rIXQkkJ
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BREAKING: Stock market losses reaccelerate and fall toward a new low of the day with the Nasdaq 100 down -1,000 points. https://t.co/905rIXQkkJ
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BREAKING: The S&P 500 falls to a new low of the day, currently down -4.6% today.
Now down -11.5% since February 19th. https://t.co/AccJShf4gC
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BREAKING: The S&P 500 falls to a new low of the day, currently down -4.6% today.
Now down -11.5% since February 19th. https://t.co/AccJShf4gC
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It's official:
After "Liberation Day," the Russell 2000 has closed in BEAR market territory for the first time since 2022.
Over the last 24 hours, S&P 500 stocks have erased -$120 billion PER HOUR for a total of -$2.9 trillion.
What's next? Let us explain.
(a thread) https://t.co/SzOJhxshf7
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It's official:
After "Liberation Day," the Russell 2000 has closed in BEAR market territory for the first time since 2022.
Over the last 24 hours, S&P 500 stocks have erased -$120 billion PER HOUR for a total of -$2.9 trillion.
What's next? Let us explain.
(a thread) https://t.co/SzOJhxshf7
tweet
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The Kobeissi Letter
BREAKING: The S&P 500 posts its worst day since June 2020 and officially closes down -4.8%, its lowest close since August 2024.
The Russell 2000 is officially in a bear market and the Magnificent 7 are down -25% from their high. https://t.co/f1yJtTpqKL
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BREAKING: The S&P 500 posts its worst day since June 2020 and officially closes down -4.8%, its lowest close since August 2024.
The Russell 2000 is officially in a bear market and the Magnificent 7 are down -25% from their high. https://t.co/f1yJtTpqKL
It's official:
After "Liberation Day," the Russell 2000 has closed in BEAR market territory for the first time since 2022.
Over the last 24 hours, S&P 500 stocks have erased -$120 billion PER HOUR for a total of -$2.9 trillion.
What's next? Let us explain.
(a thread) https://t.co/SzOJhxshf7 tweet
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The Kobeissi Letter
WOW.
Today marked the largest single-day point loss for the Nasdaq 100 in HISTORY.
The index lost a total of -1060 points and came just 1.5% away from triggering the first circuit breaker since March 2020.
Buckle up folks. https://t.co/FeVLOO2Swp
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WOW.
Today marked the largest single-day point loss for the Nasdaq 100 in HISTORY.
The index lost a total of -1060 points and came just 1.5% away from triggering the first circuit breaker since March 2020.
Buckle up folks. https://t.co/FeVLOO2Swp
It's official:
After "Liberation Day," the Russell 2000 has closed in BEAR market territory for the first time since 2022.
Over the last 24 hours, S&P 500 stocks have erased -$120 billion PER HOUR for a total of -$2.9 trillion.
What's next? Let us explain.
(a thread) https://t.co/SzOJhxshf7 tweet