7/7/2025
By Charles Payne CEO & Principal Analyst

What a way to go into the Fourth of July.

The stock market reached all-time highs after a devastating correction that was supposed to spark long-term misery and mark the end of “American Exceptionalism.”

Instead, the selloff, which was primarily driven by the most fantastic fear campaign against the stock market in history, presented an opportunity for investors to buy stocks on sale.

The elites decided to buy into their message of doom and shed U.S. stocks; some, like those brilliant hedge funds, established gargantuan short positions.

They had momentum to the downside and a never-ending stream of fear- it was supposed to be the feedback loop that couldn’t miss.

The more stocks declined, the more the media predicted that the declines would only grow larger, and that would trigger further selling.

Wash and repeat until the losses were so significant they’d carve a place in the history books and at the same time remove all the hubris of retail investors, with the temerity to think they could trade the market without the sage advice of the smartest dudes in the room.

The most brilliant individuals lost and retail won big; history suggests that more gains are ahead.

Today’s retail investors embody the same spirit of self-determination that sparked the American Revolution. The establishment has adjusted its tactics to acknowledge the gains made by self-directed investors, but continues to warn of destruction around the corner.

BTFD

The Financial Times (FT) says “buying the dip” has been a winning strategy this year.

However, the fact of the matter is that it has been a winning strategy for much longer.  Acknowledging that this approach has been successful since 2009 means admitting that dumb money was right.

To read the full report, contact your account representative or email Info@wstreet.com.

Charles Payne
Wall Street Strategies

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