Bearish market sentiment continues to rise, with our Average Bears indicator reaching 38.8 last week. Meanwhile, the S&P 500 index achieved a weekly all-time high... Things that make you go, hmmm.
Currently, 75% (6 out of 8) of the indicators on my 2025 Bull Market Checklist are within their bull market zone. This suggests a healthy-ish bull market, creating a favorable backdrop for stocks.