S&P 500 and 10-Month Moving Average

S&P 500 and 10-Month Moving Average The S&P 500 gained 10.6% in the first quarter of 2024, including dividends. This is the best Q1 performance since 2019. Image: Topdown Charts

S&P 500 and Deviation Above 50-Day Moving Average

S&P 500 and Deviation Above 50-Day Moving Average As the deviation of the S&P 500 index from its 50-day moving average is reaching extreme levels, speculation mounts regarding the potential for a short-term market correction. Image: Real Investment Advice

S&P 500 Deviation From Long-Term 225-Day Moving Average

S&P 500 Deviation From Long-Term 225-Day Moving Average The deviation of the S&P 500 index from its 225-day moving average is reaching rare extremes, prompting speculation about the possibility of an approaching market top. Image: Real Investment Advice

S&P 500 and the Percentage of S&P 500 Stocks Above 50-Day Moving Averages

S&P 500 and the Percentage of S&P 500 Stocks Above 50-Day Moving Averages The percentage of S&P 500 stocks trading above their 50-day moving averages is a warning sign, which could potentially have negative implications for the overall market performance. Image: BofA Global Research

S&P 500 Daily Chart with Moving Averages

S&P 500 Daily Chart with Moving Averages A negative performance in the first five days of a new year for the S&P 500 index is historically associated with weaker returns for the rest of the year. Image: BofA Global Research

S&P 500 % of Members Above 200-Day Moving Average

S&P 500 % of Members Above 200-Day Moving Average A limited number of U.S. stocks driving market performance due to a lack of broad market participation can be problematic, potentially resulting in a less sustainable and robust market environment. Image: Morgan Stanley Research

U.S. Treasury Price vs. 200-Day Moving Average

U.S. Treasury Price vs. 200-Day Moving Average U.S. Treasuries are once again oversold. This can create opportunities for investors who believe that Treasury prices will eventually rebound. Image: BofA Global Investment Strategy