S&P 500 Short Interest

S&P 500 Short Interest This chart shows that S&P 500 short interest rebounded from cycle lows (as of July 31, 2019). Image: Goldman Sachs Global Investment Research

SPDR S&P 500 ETF (SPY) Short Interest

SPDR S&P 500 ETF (SPY) Short Interest Investors are excessively bullish. Short interest on the largest S&P 500 ETF is at the lowest in two years. Image: Bloomberg

Truck Tonnage vs. S&P 500 Index

Truck Tonnage vs. S&P 500 Index The Truck Tonnage Index increased by 7.4% in December. Trucks represent 72.5% of U.S. freight and serve as a barometer of the U.S. economy. This chart shows how the U.S. stock market has increased in line with the physical size and expansion of the US economy (R² = 0.93…

S&P 500 – Quantity-On-Loan on the SPY U.S. ETF

S&P 500 – Quantity-On-Loan on the SPY U.S. ETF This short interest proxy on SPY U.S. ETF has risen considerably during the coronavirus crisis, but is not yet at low levels. Image: J.P. Morgan