Today’s Animal Spirits is brought to you by Innovator ETFs by CBOE:
See here for more information on Innovator’s outcome oriented ETFs
See here for tickets to The Compound and Friends live in Chicago!
Get a random Animal Spirits chart here
On today’s show, we discuss:
Listen here
Recommendations:
Charts:
Tweets/Bluesky:
The rare Zweig Breadth Thrust (ZBT) triggered today.
Marty Zweig discovered this signal and it has a perfect track record (using NYSE data from NDR).
This signal has been 100% accurate since WWII, with the S&P 500 higher 6- and 12-months later every single time. 19 for 19. pic.twitter.com/ofBNHBJZiU
— Ryan Detrick, CMT (@RyanDetrick) April 25, 2025
To say this one more time, what we’ve seen the past two weeks isn’t what you see in bear market rallies.
More than 70% advancers on the NYSE six times over the past 10 days. Never lower 6- and 12-months later for the S&P 500. pic.twitter.com/l7xov3sPeP
— Ryan Detrick, CMT (@RyanDetrick) April 25, 2025
The S&P 500 is up at least 1.5% for three days in a row.
This isn’t stuff you see in bear market rallies or short covering rallies. You see this before times of strong performance.
Higher 10 out of 10 times a year later and up 21.6% on average. pic.twitter.com/kfvfNKq6IK
— Ryan Detrick, CMT (@RyanDetrick) April 25, 2025
NOTHING TO SEE HERE FOLKS
THIS IS COMPLETELY NORMAL AND HEALTHY
HAVE THEY CONSIDERED CUTTING AVOCADO TOAST OUT OF THEIR BUDGET pic.twitter.com/PYtLBGNprG
— Lance Lambert (@NewsLambert) April 23, 2025
In the past 15 trading days the S&P 500 has seen runs of:
-12.1% (in 4 days)
+9.5% (1 day)
-5.5% (7 days)
+6.3% (3 days)
Like 4 months in less than one
— Ben Carlson (@awealthofcs) April 25, 2025
Who else is excited to see how we fix these problems? The USA’s “broken” monetary system:
#1 in total wealth.
#1 in total GDP.
#1 in GDP growth in the G7.
#1 in global corporate profits.
#1 in GDP per capita in the G20.— Cullen Roche (@cullenroche) April 22, 2025
Follow us on Facebook, Instagram, and YouTube.
Check out our t-shirts, coffee mugs, and other swag here.
Subscribe here:
Nothing in this blog constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Any opinions expressed herein do not constitute or imply endorsement, sponsorship, or recommendation by Ritholtz Wealth Management or its employees.
The Compound, Inc., an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investing in speculative securities involves the risk of loss. Nothing on this website should be construed as, and may not be used in connection with, an offer to sell, or a solicitation of an offer to buy or hold, an interest in any security or investment product
This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.
The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.
References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.
The Compound Media, Inc., an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers
Please see disclosures here.