In yet another whipsaw move for the market, investors "bought the dip" driving the BH Sentiment Index from only 20 ("Fear") to now 55 in just one week. It's been a wild and unusual ride over the last 4 weeks as the market "Fear Index" (The VIX) spiked and is now falling, credit spreads widened a bit (and are now shrinking) and growth stocks have come roaring back after the market sold off following Nvidia earnings (which were very good) and now news that Google TCU chips are finding massive inroads with AI.
(You can click the image below for a zoom-in-able PDF version).
Incredibly, the market sits near all-time highs despite unsettled tariff/trade deals with the US, arguably stretched valuations for the US megacaps in particular (the top 10 now comprises an incredible 40%+ of the total S&P 500). Keep sticking to your long-term goals, don't let emotion grip you, and keep being prudently opportunistic around the edges. Be smart people!