Share of Median S&P 500 Stock’s Trailing 6-Month Return Explained by Micro Factors 71% of median stock’s trailing 6-month return can be explained by micro factors. Image: Goldman Sachs Global Investment Research
Percentage of S&P 500 Stocks Above 200-Day Moving Average The percentage of S&P 500 stocks above 200-day moving averages is at risk for a bearish divergence. Image: BofA Global Research
S&P 500 Stocks – Average Earnings Day Moves In the current quarter for earnings, U.S. stocks have moved +/-4.6%, which is the highest in the last ten years. Image: Goldman Sachs Global Investment Research
Median S&P 500 Stock Short Interest as % of Market Capitalization Median S&P 500 stock short interest remains low so far. Image: Goldman Sachs Global Investment Research
S&P 500 and the Percentage of S&P 500 Stocks Above 50-Day Moving Averages Will the S&P 500 continue to rally? Image: BofA Global Research
Liquidity – S&P 500 21-Day Realized Volatility vs. Median S&P 500 Stock Bid-Ask Spread As equity market liquidity has deteriorated, investors should expect market swings to continue. Image: Goldman Sachs Global Investment Research
% of S&P 500 Stocks Above Their 200-Day Moving Average Can investors expect a relief rally in U.S. stocks? Image: The Daily Shot
% of S&P 500 Stocks with a Dividend Yield Above Stated Levels S&P 500 dividend yields are near a record low at 1.3%. Image: BofA US Equity & Quant Strategy
Percent of S&P 500 Stocks with a Dividend Yield Above Stated Levels vs. 10-Year Treasury Yield If the 10-year yield rises to 1.75% by year-end, only 44% of S&P 500 stocks will have a dividend yield higher than the 10-year Treasury yield. Image: BofA US Equity & Quant Strategy
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