From the Desk of Anthony Pompliano The Most Hated Bull Market In History Is Far From Over
Nov 12, 2025
Ryan Detrick, a market strategist, joins to challenge the pessimistic outlook on the bull market, which he describes as the most hated in history. He provides compelling data revealing that low sentiment signals a potential for growth. Detrick discusses the importance of rising profit margins, the leadership of large-cap stocks, and how fear can actually fuel market gains. He also highlights the resilience of the S&P and suggests that global revenue exposure may drive further success for U.S. companies.
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Profits And Margins Drive The Rally
- Corporate profits and rising profit margins are the primary drivers of long-term stock gains.
- Ryan Detrick says S&P 500 earnings surprised to ~13% and margins hit cycle highs, fueling the bull market.
Large Caps Lead, But Breadth Exists
- Large-cap leadership commonly leads bull markets and can mask broader strength.
- Detrick notes equal-weight indices are still up double digits, showing broad participation beneath mega-cap gains.
Widespread Pessimism Can Signal More Gains
- Pervasive bearish sentiment is a contrarian bullish signal right now.
- Detrick highlights AAII bears outnumbering bulls and argues extreme negativity suggests the bull market isn't over.