26% pop since my April 7th low call

It’s good enough and more than adequate.

On April 7th, 2025, I wrote a few notes along with a newsletter sharing my view about an acute buying moment for equities.

This note (from the same day)… related the extremes lows to an opportunity in the Nasdaq 100.

https://robzdravevski.com/2025/04/07/use-data-ignore-the-noise/

5 weeks later, the Nasdaq 100 has risen 26%.

I’d say that is good enough and more than done.

Even though 26% represents  more than 2 years worth of adequate return within 5 weeks…..many won’t take any profit.

Maybe some should and take the rest of the year ‘off’,

but they won’t,

for they will ‘stay at the table’ and give up 8% of those returns,

while trying to recoup that 8% of ‘give back’,

they’ll see another 5% erode away,

and now with ‘only’ a 13% return, they plug away until the total return halves and they are left with 7% and now determined to ‘teach’ the market a lesson.

May 13, 2025

rob@karriasset.com.au