Performance – % of S&P 500 Stocks Outperforming the Benchmark by Year 2020 was a below-average year for market breadth. Stock picking is much easier in a recovery than during a downturn. Image: BofA US Equity & Quant Strategy
Top S&P 500 Stocks of 2020 Is Tesla stock overvalued or a buy for 2021? Image: CNBC
Valuation – % of S&P 500 Stocks Oversold, Neutral, Overbought Chart suggesting that 46% of S&P 500 stocks are overbought. Image: MarketDesk Research
Performance – Top 5 Stocks vs. S&P 500 and Remaining S&P 500 Stocks Will the top 5 mega-tech stocks continue to underperform the S&P 500? Image: J.P. Morgan Asset Management
Number of S&P 500 Stocks Contributing to Market Gains in 2020 464 stocks in the S&P 500 closed positively in November. Will the trend continue in December? Image: Statista
Median S&P 500 Stock Short Interest as % of Market Capitalization Median S&P 500 stock short interest stands at 1.6%, the lowest level since 2004. Image: Goldman Sachs Global Investment Research
% of S&P 500 Stocks Above Their 200-Day Moving Average Short-term overbought, but breadth has improved dramatically. 85% of stocks above the 200-day moving average is historically bullish. Image: The Daily Shot
S&P 500 Stocks – Average Earnings Day Moves Earnings day moves are generally higher in the fourth quarter. Image: Goldman Sachs Global Investment Research
S&P 500 Stocks and Stock Market Concentration Is this level of stock concentration a cause for concern? Image: BofA Global Investment Strategy
FY2 P/E Valuation Premium of Top Five S&P 500 Stocks vs. Rest of Market The valuation of the five largest stocks relative to the rest of the market is not as extreme as it was during the dotcom bubble. Image: Goldman Sachs Global Investment Research