To provide some context for the current NAAIM Exposure Index reading of 81.06, a comparison was done between the NAAIM 2019 and 2025 charts. After the S&P500 declined in December 2018, the NAAIM Index moved up to 83.39 on February 6, 2019. After the recent S&P500 decline in April 2025 the NAAIM Index moved up to 81.06 on March 7, 2025. There were numerous reasons for market declines in 2018 and 2025. But, the reaction from investment managers was the same. Based on similar S&P500 chart structures and investment manager reactions, it appears markets should move higher.
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of StockCharts.com.
