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Animal Spirits: Did the Market Just Top?

Business ProBy Business ProOctober 15, 20255 Mins Read
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Animal Spirits: Did the Market Just Top?


Today’s Animal Spirits is brought to you by Calamos and Stash: 

Today’s episode is sponsored by Calamos. Ready to rethink your portfolio? Explore CANQ today and visit https://calamos.com/CANQ to learn more.

Go to https://get.stash.com/Spirits to see how you can receive $25 towards your first stock purchase and to view important disclosures.

On today’s show, we discuss:

Listen here:

Charts:

Recommendations:

Tweets/Bluesky:

“The market was STRETCHED … only 7th 119 day stretch w/o a 3% pullback and the strongest ever. 3-6% pullback healthy/necessary and expected…”@WarrenPies pic.twitter.com/jZBSpzhdqS

— Daily Chartbook (@dailychartbook) October 11, 2025

Red dots are all days the Nasdaq hit a 52-week high then closed down 2%+ from that high. Thoughts here? pic.twitter.com/gmI067Pk82

— Bespoke (@bespokeinvest) October 11, 2025

REMINDER: I predicted the biggest crash in world history was coming in my book Rich Dad’s Prophecy. That crash will happen this year.

Baby Boom Retirements are going to be wiped out. Many boomers will be homeless or living in their kids basement. Sad.

REMiNDER: I have…

— Robert Kiyosaki (@theRealKiyosaki) October 11, 2025

It’s crazy to see both stocks and gold booming in the same decade

This has never happened before in modern times pic.twitter.com/0OR5M1RXPI

— Ben Carlson (@awealthofcs) October 8, 2025

I was wrong oklo is the perfect stock, no revenue, no product, hence no exposure to anything

— dalibali (@dalibali2) October 11, 2025

I’m closing my short on $IONQ and $RGTI – market makes no sense.

They will drop 90% but taking the L on this trade.

— Common Sense Investor (@commonsenseplay) October 13, 2025

What we die from vs what we hear in the news.

Terrorism and homicides account for less than 1% of deaths, but for more than half of all media stories about death in the US — whether in the New York Times, the Washington Post, or Fox News. pic.twitter.com/cJG0POpa1N

— Max Roser (@MaxCRoser) October 11, 2025

We just bumped up the max leverage from 20x to 50x on international perpetual futures.

A bunch of traders asked for this update. Let us know what else we can add! https://t.co/1YWMtJygBZ

— Brian Armstrong (@brian_armstrong) September 3, 2025

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Nothing in this blog constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security.  Any opinions expressed herein do not constitute or imply endorsement, sponsorship, or recommendation by Ritholtz Wealth Management or its employees. 

The Compound, Inc., an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investing in speculative securities involves the risk of loss. Nothing on this website should be construed as, and may not be used in connection with, an offer to sell, or a solicitation of an offer to buy or hold, an interest in any security or investment product

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

The Compound Media, Inc., an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

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