Author: isabelnet

Insider Transactions Ratio Insider buying and selling are now in balance, with the Insider Transactions Ratio back in neutral territory. Image: Barron’s

Valuations – 12-Month Fwd P/E Multiple. Worldscope Europe Sector Indices If you look at today’s valuation at 16.8x P/E and consensus revenues growth at around 9% annually, the risk of a slowdown in Software & IT Services is at least partly priced in already. Image: Goldman Sachs Global Investment Research

U.S. Equity Index P/E Valuations vs. History U.S. stocks aren’t exactly on sale at 22 times forward earnings for the S&P 500 and 26 for the Nasdaq 100, but investors seem happy to chase prices higher as long as profits keep growing. Image: Goldman Sachs Global Investment Research

Performance of S&P 500 Megacap Growth Stocks vs. Rest of S&P 500 Mega-cap growth and tech names have rebounded from the bottom of their decade-long channel against the rest of the S&P 500, echoing the rotation that followed the Deepseek announcement in July 2024. Image: Deutsche Bank Asset Allocation

S&P 500 Quarterly Earnings Growth Earnings growth in MCG and Tech is still outpacing the rest of the S&P 500 by a wide margin, which is not surprising given their strong fundamentals and innovation momentum. Image: Deutsche Bank Asset Allocation

Sentiment Indicator and Stock Positioning Goldman Sachs’ U.S. Equity Sentiment Indicator is stuck at 0.0, a neutral reading that in the past has tended to precede gains in the S&P 500 over the following month. Image: Goldman Sachs Global Investment Research

Interest Rates – Market Pricing for the Number of Fed Rate Cuts Traders still bet on two 25-basis-point Fed cuts in 2026, assuming the economy keeps its footing and inflation stays tame. Image: The Daily Shot

Nasdaq After the Netscape IPO and ChatGPT Came Out It’s not unusual for U.S. tech to lag in the third year after a big innovation, with the post‑Netscape years offering a perfect textbook case. Image: Carson Investment Research

Valuation – Software Forward P/E Software valuations have come under heavy pressure, with the forward P/E multiple sliding to 20 times, a level investors haven’t seen since 2014. Image: Goldman Sachs Global Investment Research

S&P 500 Growth vs. Value – Relative Total Return Value is back in favor to start the year, as lofty valuations keep investors on edge. Still, growth could stage a comeback if earnings deliver some upside surprises. Image: Topdown Charts

Net Monthly Flows of U.S. Spot Bitcoin ETFs Since the reversal in October 2025, institutions have cut billions in Bitcoin holdings month after month, an indication of fading appetite and a darker mood across crypto markets. Image: Deutsche Bank Research