The spectacular return of the same stocks to Wall Street

Swisscanto week graphic. However, Since the postponement of customs duties of “Liberation Day”, the US speculative values carried by individuals have bounced strongly. However,

The tumults last spring had an unexpected consequence: the speculative values outperform the S&P 500. Therefore, mark a new phase of stock market euphoria. Similarly, The resurgence of “same stocks”. Meanwhile. For example, illustrated by the ETF Ark Innovation or the “Non-burning” Goldman Sachs basket, seems to testify to the return of a group of very active private investors in the American markets.

The expression “same stocks” appeared in 2021, qualifying the frenzy around certain emblematic actions such as GameStop and AMC Entertainment. Nevertheless, These actions have seen their price soar spectacular return same stocks wall new spectacularly. Nevertheless. Meanwhile, not because of their economic performance, but because they were massively promoted and supported spectacular return same stocks wall on social networks such as Reddit Our Robinhood, a phenomenon amplified by abundant liquidity. However, These communities used the same. jokes. slogans to encourage the community to buy these actions, thus creating a dynamic of “Squeeze shorts” (pressure on open sellers) and extreme volatility.

Anticipating protectionist measures that are not very binding for tech. a softening of the Fed monetary policy, speculators have massively re -engaged in risky market segments.

These values. just like the ETF Ark Innovation of the Manager Star Cathie Wood. the “Non-centurted” Tech of Goldman Sachs, experienced an extreme outperformance phase between 2020 and 2021. The promise of growth was then enough to justify exorbitant valuations, even for small structurally deficit companies.

But from 2022, the increase in Fed rates and risk aversion spectacular return same stocks wall new brutally ended this speculative bubble. These titles were among the most severely sanctioned in a context of lower markets. Some spectacular return same stocks wall values have lost more than 80% of their capitalization. and the interest of individuals quickly evaporated.

Since April 2025, we have been witnessing a spectacular return of this segment of the US market. The Day Liberation and its many twists and turns have changed the expectations of investors. Anticipating protectionist measures that are not very binding for the technological sector. a softening of the Fed monetary policy, speculators have massively re -engaged in risky market segments. The result is a “junk rally”. an outperformance marked with vehicles such as the UBS even stocks basketball. the ARK Innovation ETF or the Goldman Sachs “non-burnt” basket in the face of traditional S&P 500 or Nasdaq indices.

This revival of interest. boosted by hopes of rate drops. favorable spectacular return same stocks wall new trade agreements and the narrative around artificial intelligence, is accompanied by typical behaviors of a phase of euphoria: speculative flows, tense valuations, rapid rotation to spectacular return same stocks wall the most volatile titles. A signal of prudence, in a little liquid summer market where emotion again seems to dominate rationality.

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