by Ivan Martchev
May 13, 2025
It seems to me that the higher the market goes, the more bearish investors become, which seems very odd, at the least. If you are bullish, you are probably in the minority, but this pervasive bearishness is ironically good for stocks. Obviously, we can’t keep going up at the same rate, and some backing and filling would be normal. In fact, some say that announcing a Chinese trade deal or massive de-escalation would be a sell signal. It sure can create a pullback, but that would be normal after a 14% recovery in a few weeks.
I think a lot of people that sold in a panic in early April have not bought back yet, and if there is no recession here and abroad, they will be chasing the market higher this summer. Selling in May and going away is not likely to work this year, as that seasonality is working in reverse due to the abrasive action of the Trump administration on the trade front, which they say is the only way to remedy the situation.
The post 5-13-25: My Take on the Best-Case Market Scenario appeared first on Navellier.
