📈 Follow the Sentiment

This was a huge tell from institutions.

Sentiment Shift

Yesterday taught us something extremely important - we have bullish sentiment in the stock market.

There were two major pieces of news that broke yesterday that should have brought the market down, but they didn’t.

And when you have bearish news only to be met by buying in the market, this is how you know it is time to start thinking about putting risk on.

Bad News Breaks

Yesterday we woke up to news that Ukraine had fired long-range missiles provided by the US in Russia, which constitutes an escalation in their war.

Russia responded by updating their nuclear codes and suggesting potential nuclear action against the US.

Clearly this is unsettling, and flat out bad news, regardless of your political leaning.

The next piece of news that dropped came from WMT earnings, which actually beat expectations. However they noted that if Trump follows through with his plan to tariff imports, they will likely have to increase their prices.

This is bearish news for the consumer, as rising prices is the last thing we want to see as we look for the economy to make a soft landing.

The combination of these two pieces of bad news being met by buying in the market is bullish.

When bad news is bought, it means that institutions are unfazed and are putting money to work.

There are some trades I alerted to the Alpha Chasers Community yesterday in sectors that are breaking out. I walk through what I am seeing in the market here: