Maybe my favorite chart this month.
You're looking at the highest reading on record in 1,841 weekly stock market sentiment observations from 1990 to 2025.
The inputs: the VIX volatility index + AAII survey bearish respondents + Investors Intelligence survey respondents who expect a correction.
In 10 of the last 11 fear spikes, the S&P 500 went on to gains over the next 52 weeks. Returns were often large too (+31.0%, +21.0%, and so on).
The NYSE up volume on Wednesday was 71 times higher than down volume. Using data that goes back to 1990 that's a record high. There was no such high volume in 2008. There's no guarantee the market made its final low but based on that the odds of a 2008 scenario are slim to none.
$sx.ca $sxoof should probably be on trade watch lists again. Took forever but final ECA approvals granted and multi chem battery recycling lines becoming operational. Many years R&D -> operational producer. Up against long technical resistance in uptrend.
@EarthLabsInc Your mods are compromised. https://t.co/HT3gW7oL4f.. https://t.co/v4cYNEQzvp wonder how many more screenshots are kicking around??? 🤔 take ad money..mods in boiler room chats..deleting posts and skewing sentiment on https://t.co/cXIQ0XhBb0 for companies theyre trading $spot.v
@EarthLabsInc What happens when ownership of media gets $spot.v wrapped up in conflict of interest inquiries as they take ad money from companies & then allow shady practices to take place on https://t.co/cXIQ0XhBb0 such as mods participating in boiler room chats and skewing discussion boards?
So China plans to add to its strategic reserves of #cobalt, #copper, #nickel, and #lithium? Then all our demand forecasts can be thrown out the window because one massive player joins the game. And if you game-theory it out, who's next to stockpile?
$sx.ca $sxoof should probably be on trade watch lists again. Took forever but final ECA approvals granted and multi chem battery recycling lines becoming operational. Many years R&D -> operational producer. Up against long technical resistance in uptrend.