# Welcome to the Suck

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Hey, Ross here:

There’s no sugarcoating it.

Yesterday was the worst day for the markets since 2020.

Bearish sentiment among retail investors is now at maximum.

**Chart of the Day**

![](https://stocksurgedaily.com/wp-content/uploads/2025/04/AD_4nXei25QkSerrYme2bZOMze-Cf-hGHOvFcbZa1_dX7VMC8OlIMlvBwdEZUUm4-fUT1cxmqLl_irDoFfeysXBeDTImCJyUZ74WKzBBxYLyhr-pjz4ZCfZSvkNQTxsoWHX2F3A-VxVH.png)

The weekly survey by the American Association of Individual Investors (AAII) indicates 62% of them are bearish…

With only 22% being bullish. 

Bears outnumber the bulls by nearly three times.

This is maximum fear.

There have been only _two_ times in the entire survey’s history that bearish sentiment has been higher – March 2009 and October 1990.

The last time bearish sentiment came close to these levels was at the end of September 2022 – right before the bull market started.

I elaborate on my take on this below.

**Insight of the Day**

****Investors are overreacting – and Trump is already showing that tariffs are likely a negotiation tactic****.

First off, this does not mean we should expect an immediate recovery.

In fact, I believe we’re likely in store for more short-term pain ahead as Trump continues his tariff onslaught.

But already, he’s indicated that tariffs are primarily a negotiation tool – just check out this Bloomberg headline below.

![](https://stocksurgedaily.com/wp-content/uploads/2025/04/AD_4nXfYtxazkQbzu1z961CADyVGaitw6L6nXWy1LxsSVsfCzaeEr7qbDoxO6OWGLJ0r2rGejBjBe6HneSB9lWvW9raA767cuzrkFv4Ls-gF6bWyMVuhwEl1gSxYDwnB6uxUtwFEz8i6Sg.png)

Plus, if you’ve studied how Trump negotiates, you know he likes to take an extreme maximalist position at the outset – and then scale back from there.

Look, I’m not saying you have to like all this.

But the level of investor panic is unjustified.

There’s a significant overreaction – and where there is overreaction, there is opportunity.

That’s why **later this morning, at 11 a.m. Eastern.**

I’m going LIVE for a session to demonstrate my top strategy for taking advantage of this overreaction.

This strategy will allow you to intelligently participate in this market _now_ – even if it keeps going down

While helping you position for yourself for when the recovery does arrive.

So **[click here to guarantee your spot at my live session](https://gettheblackedge.com/registration/?tambid=28962&id=TA29131)** if you haven’t done so already…

And I’ll see you later this morning at 11 a.m. ET. Don’t be late.

**Customer Story of the Day**

_"Traders Agency is awesome._ 

_I have motored through multiple online high-brow investment people with their proprietary methods and none match the insight, supportive instruction and explanations of the vagaries of stock trading as I find with Ross Givens."_

Embrace the surge,

![](https://stocksurgedaily.com/wp-content/uploads/2024/01/unnamed-12.png)

**Ross Givens**  
Editor, _Stock Surge Daily_