Nasdaq 100 vs. 10-Year U.S. TIPS Yield (Inverted) The Nasdaq 100 has shown strong performance despite the rise in real yields, which may indicate the possibility of the market overheating. Image: The Daily Shot
S&P 500 Performance After First 1% Decline After More Than Two Months Without One Why U.S. equity investors should not fear the first 1% drop following more than two months without one? Because the S&P 500 has gained 14.8% on average one year later since 1980. Image: Carson Investment Research
Average Year for the S&P 500 when It Gains >5% in January Historically, U.S. stocks may experience weakness over the coming months. Image: Carson Investment Research
NAAIM 4-Week Average vs. S&P 500 Index The NAAIM 4-week average index is not far from very extreme greed levels. Image: Real Investment Advice
Nasdaq 100 Technicals The Nasdaq 100 remains resilient so far. Image: BofA Global Research
Dow Jones Industrial Average – Streak of Positive Days The Dow Jones Industrial Average hitting a historic 13 consecutive days of gains can be seen as a positive sign for the U.S. stock market. Image: Morgan Stanley Wealth Management
Valuation – S&P 500 PER and U.S. CPI Inflation Falling headline inflation in the United Sates has contributed to the increase in valuation multiples. Image: Morgan Stanley Wealth Management
90% of S&P 500 Index Components Above 50-Day Moving Average Last week, 89% of S&P 500 Index components were above their 50-day moving average. Historic overbought levels tend to lead to continued sustained and robust returns. Image: Carson Investment Research
Recession – U.S. Personal Saving Rate vs. U.S. Unemployment Rate Rising personal saving rates tend to be associated with economic downturns or recessions. Image: BofA Global Investment Strategy
TIPS Flows TIPS saw inflows for the first time since August 2022. Image: BofA Global Research
U.S. Core PCE Inflation Goldman Sachs still expects U.S. core inflation to continue to decline. Image: Goldman Sachs Global Investment Research