It's hard to imagine what it is that these investors are all so bearish about.

I mean, we're in the middle of a bull market, where we know historically it pays way better own stocks than to be selling them. We know. We have the data.

And yet, accordingly to the latest AAII survey, more individual investors are bearish over the next 6 months than at any point since November of 2023.

Here's what stocks have done since then:

Chinese stocks are on the move.

These Breakout Multiplier trades are all popping off one by one. 3 of them doubled today.

The Chinese Internet Index closed at its highest levels since mid-October, well before the Trump landslide victory (that was supposed to be the end of Chinese stocks).

It's actually been the exact opposite.

In fact, look Chinese Internet stocks relative to the U.S. Internet Index. The new lows could not hold, and now the face-ripper is here:

We've discussed this all year. What's the catalyst to send stocks and other risk assets ripping in the first half of the year?

It's the U.S. Dollar. 

I continue to be impressed with just how resilient stocks have been, despite the Dollar's relentless bid over the past 4-5 months.

And now here we are, with so many people crying all weekend about something they call "tariffs", and they're slamming the Dollar.

It's all happening right at the 61.8% retracement of the entire '22-'23 decline. Do you think that's a coincidence?

I do not.

Futures are down this morning, but barely.

Bonds have been flat for most of the overnight session. So has Gold.

If this was real volatility, you would actually see the volatility. Currently, we are not.

I've spent the weekend preparing for tonight's LIVE Monthly Charts Strategy Session.

I've analyzed thousands of companies, indexes and intermarket relationships all over the world.

Here's the conclusion.

Wait for it....

This is a bull market.

And Tariffs or no Tariffs, as investors, I believe that it's still business as usual as long as these uptrends remain in place.

For the S&P500, we're looking at about 5600, or 560 in the $SPY. If we're above that, then the series of higher lows and higher highs is still intact.

The strategy this year has been simple.

Whenever you hear them say the word "Tariffs", you call your broker, or open your brokerage account, and you buy more stocks, particularly the Chinese ones.

And who is "they" exactly? 

You know who "they" is. Mostly the noisemakers. People who produce tv shows about "trading", or write "news" articles about financial markets. Permabears looking for their next excuse to make poor decisions...

You know, they!

"They" are the ones we want to fade. 

"We" are the ones who we want to make money.

And so every time they tell you the stock market is going to fall because of something they call "Tariffs", we just buy more stocks betting that stocks will rise in price (because or despite these so called, "Tariffs").

So far this is working. China doubled the returns of the Nasdaq100 in January, with the $FXI returning 4.7% last month. Meanwhile, the Chinese Internet ETF $KWEB rallied almost 7% for January.

As a reminder, we are in the midst of a bullish momentum thrust regime for Chinese stocks, so this shouldn't be surprising.

This morning is just a friendly reminder to turn off the TV.

There's nothing on there to help you. It's not their job to help you make better and more informed investing decisions.

In fact, it's quite the opposite. Their only job is to convince you that you need to come back and keep watching.

That's it. That's literally their only job.

Some people are too weak to overcome their tricks, and instead fall for the old trap of, "I need to watch so I can stay informed".

 implications, however, are NOT that you'll be more informed. In fact, you're actually going to be a lot more misinformed.

Again, their job is NOT to inform you, or even to help you. That's never been their job, not matter how much they pretend that it is.

So don't fall for the trap of traditional media. If they've proven anything over the years, it's that they cannot be trusted.

Turn it off. And put on some music instead.

I'll let you know when I'm on tv, and you can turn it on for a few minutes. Or better yet, I'll just send you the video replay.

But everything you need to know you'll see right here first. 

The replay of this week's LIVE video Conference Call is available for Premium Members of ASC Research. 

Click here to sign up and catch up on the replay, download the 100+ charts and review each of the new trade ideas.

As Goes January...

One of the greatest market indicators of all-time is the January Barometer.

Technology stocks have been quite the laggard for some time. In fact, the Large-cap Technology Index ($XLK) is actually down since mid-July.

Sector Rotation is the lifeblood of a bull market. How many times have you heard me say that?

And this cycle is no different. They used to tell me that it was only the Tech stocks that were driving this bull market, and nothing else what's working.

Here we are with the S&P500 hitting new all-time highs literally every single month, and Technology stocks are actually down since July.

It's been the epic rotation into Consumer Discretionary that has helped drive this market higher. 

Donald Trump gets inaugurated today as the next president of the United States.

This comes after a historic republican landslide that betting markets had absolutely correct going into the election.

Anyone who thought it was 4 guys in a room manipulating the markets were actually just hoping that was the case, because they didn't like what the betting markets were saying.

Tough shit.

You ignored the market and it cost you. 

Bitcoin is making new all-time highs this morning as the first Publicly Pro-Crypto President in history is about to take office.

You don't have to like the guy. In fact, you can hate Trump. Or love him. It doesn't matter when it comes to how we're going to profit from it.

And that's what this is all about.

If you let your politics influence your decision making in the market, you're an extremist. And there's no room for extremism in turning a profit.

Separate the two, or it will not end well. That I promise you.

And we've seen it over the last year.

This is a bull market for stocks. If you're not making money in this environment, then you should probably reevaluate your strategies. 

I know for a fact that I've witnessed individuals, who are clearly mentally ill, fight this historic rally pretending that there's some kind of epic credit crisis coming any day now (for over 2 years lol).

Whether it's fake breadth deterioration, or the "yen carry trade", or lies about Gold sending some kind of warning, or the Fed ruining everything, or small-caps underperforming, or Trump and his Magas. 

It's always something. 

These people will make up anything in their heads, no matter how outrageous, in order to justify poor decisions. Their egos are too fragile. 

Good.

It might be a little sad to have to watch them ruin their lives. But it's great for us who recognize their vulnerabilities and have chosen to just profit from it all instead.

You see, when I hear credit crisis, I naturally look at credit spreads to see what's going on.

The answer is: NOTHING.

Still nothing...

Credit spreads are as tight as they've been this entire bull market:

We're back on The Morning Show today LIVE on Stock Market TV!

If you want to know what's moving markets this week, and how we're thinking about profiting from it, then the Morning Show is for you!

Today's guest is Jay Woods, New York Stock Exchange Floor Governor and Chief Global Strategist at Freedom Capital Markets. He messaged me that he disagrees with my take on the market so we're about to debate LIVE on the show. You're not going to want to miss this one!