Search Results for: indicator

U.S. GDP vs. Current Activity Indicator (CAI) This chart from Goldman Sachs suggests U.S. GDP estimate for 2020 and 2021. Image: Goldman Sachs Global Investment Research

BofA Bull & Bear Indicator History The BofA bull & bear indicator is at 0.0 and suggests an extreme bear level. This indicator is an indicative metric only, used as contrarian indicators to identify market extremes (for informational purpose only, not investment advice). You may also like the “BofA Bull & Bear Indicator.” Image: BofA Global…

Sentiment Indicator and Stock Positioning Currently, the sentiment indicator is above average and back below one standard deviation. Image: Goldman Sachs Global Investment Research

Indicator – Mobility Trends (Driving) This chart suggests that mobility (driving) in the United States is now back to January levels. Image: Morgan Stanley Research

BofA Bull & Bear Indicator The BofA bull & bear indicator at 0.0 vs. 0.0 last week. This indicator is an indicative metric only, used as contrarian indicators to identify market extremes (for informational purpose only, not investment advice). Image: BofA Global Investment Strategy

Different Market Sentiment Indicators Most market sentiment indicators remain at low levels. Image: Goldman Sachs Global Investment Research

S&P 500 and Money Supply M2 (Leading Indicator) This chart suggests that stock market optimists may look at 2021, as M2 improves significantly in the United States. Image: Nordea and Macrobond

Sell Side Consensus Indicator When the Sell Side Indicator has been this low or lower, median 12-month returns have been +20%, and total returns over the subsequent 12 months have been positive 94% of the time. This indicator suggests a target for the S&P 500 of 3,258 over the next 12 months. Image: BofA US…

Sentiment Indicator – Current vs. Market Peak Currently, this sentiment indicator is relatively bullish compared to the last ten years. Image: Goldman Sachs Global Investment Research

U.S. Core Inflation Expected Over the Next 21 Months (Leading Indicator) This chart suggests that M2 velocity year-over-year leads U.S. core CPI by 21 months (R² = 0.61 since 1996).  It has been quite accurate for more than 20 years. Click the Image to Enlarge