Bullhorn Bounce
Source: SeekingAlpha
2025-05-09 02:45:00 ET
Summary
- Wall Street did as instructed when President Trump told investors to “go out and buy stock now.” Thursday’s rally wasn’t so much a policy endorsement as a standing ovation for lower tariffs.
- Indexes extended Wednesday’s modest gains, fueled by talk of tariff relief and the first deal breakthrough, with the UK.
- Behind the scenes, systematic strategies reportedly re-leveraged into the rally, with resilient retail buyers and corporate buybacks doing their part.
Wall Street did as instructed when President Trump told investors to “go out and buy stock now.” Thursday’s rally wasn’t so much a policy endorsement as a standing ovation for lower tariffs - with a familiar showman working the tent....
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Bullhorn Bounce
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