Are Gains of 28% (S&P) or 39% (NASDAQ) Too Far, Too Fast?

Maybe President Trump should register as an investment advisor and start a new market timing service.
Are Gains of 28% (S&P) or 39% (NASDAQ) Too Far, Too Fast?
President Donald Trump holds a chart as he delivers remarks on reciprocal tariffs at the White House, on April 2, 2025. Brendan Smialowski/AFP via Getty Images
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Commentary
Stocks have seen a spectacular rise since the bottom in early April. President Trump said on Truth Social, on April 9th, the day the recovery began, “THIS IS A GREAT TIME TO BUY!!!” On April 8th, the S&P 500 touched a low of 4,910. As of last Thursday’s close, it was at 6,279, up 27.9% in three months. NASDAQ fell as low as 14,784 in April, and it closed last week at 20,601, up 39.3% in three months.
Louis Navellier
Louis Navellier
Author
Louis Navellier is chairman and founder of Navellier & Associates in Reno, Nevada, which manages approximately $1 billion in assets. One of Wall Street’s renowned growth investors, Navellier writes five investment newsletters focused on growth investing. In addition to appearing on Bloomberg, Fox News, and CNBC giving his market outlook and analysis, he has been featured in Barron’s, Forbes, Fortune, Investor’s Business Daily, Money, Smart Money, and The Wall Street Journal.