#S&P500
The best buy signal in markets isn't a chart pattern.
It's CEO confidence hitting rock bottom.
1991: CEOs most pessimistic → S&P 500 bottomed → massive rally
2002-03: CEOs most pessimistic → S&P 500 bottomed → massive rally
2009: CEOs most pessimistic → S&P 500 bottomed → massive rally
2020: CEOs most pessimistic → S&P 500 bottomed → massive rally
2022: CEOs most pessimistic → S&P 500 bottomed → massive rally
Every. Single. Time.
When the people running the world's biggest companies are most scared about the economy — the market is loading up for the next bull run.
Extreme pessimism is the contrarian investor's best friend.
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