ZACKSยท2025-04-24 19:20Sentiment Indicators - The AAII Sentiment Survey indicates that bearish sentiment has exceeded 50% for nine consecutive weeks, marking a record streak in its 30-year history [1] - The CNN Fear & Greed Index recently recorded an extreme fear reading of 3, one of the lowest possible values [3] - The NAAIM exposure index has dropped from over 100% in late 2024 to under 40% this month, reflecting a significant reduction in equity exposure among active investment managers [6] IPO Market - The IPO market has seen 98 IPOs in 2025, which is 69% higher than the same period in 2024, indicating a resurgence in investor risk appetite [7] - CoreWeave went public recently and is trading above its IPO day price, while Cantor Equity Partners has surged by 155% in just one week [7] Trade Relations - Easing trade tensions between the U.S. and China are beneficial for major tech companies like Tesla, Nvidia, and Apple, which depend on China for production and market access [9] Overall Market Outlook - The combination of historically bearish sentiment, improved trade rhetoric, and a robust IPO market suggests that bullish sentiment may be gaining traction on Wall Street [11]