U.S. Stock Market Bull and Bear Indicator – S&P 500 Tuesday, our Stock Market Bull & Bear Indicator was bullish again well before the opening bell, and the S&P 500 didn’t disappoint, ending the day…
Margin Debt and Net Investor Credit Balance NYSE margin debt just blew past $1.5 trillion. Investors are piling into leverage with both hands, leaving little room for error. The market has gotten riskier, more fragile,…
S&P 500 Bull Markets Over the past 50 years, the average U.S. bull market lasted 8 years and delivered a 288% gain. This one is just under 4 years old and up 115%, so it…
Large Cap MCG & Tech Positioning vs. Earnings Growth Despite booming earnings growth, large-cap Tech positioning remains only modestly overweight, at the 54th percentile. Positioning is still lagging fundamentals, leaving room for a catch-up trade.…
Gold Price Forecast Gold’s rally still has central banks at its back. Deutsche Bank remains bullish on the metal, putting fair value at about $4,700 an ounce by year-end, then $5,100 in 2027 and $5,442…
MSCI World Sector/Style Valuations Valuations are rich across sectors and styles, leaving investors with barely any cushion. In this market, even a small shift in sentiment can send prices sliding with little support below. Image:…
S&P 500 YoY EPS Growth The median S&P 500 company is set to deliver 12% EPS growth in Q2 2026, well short of the 26% surge forecast for the aggregate index. Image: Goldman Sachs Global…
Discretionary vs. Systematic Equity Positioning Systematic strategies sit in the 70th percentile and still overweight, while discretionary investors are stuck in the 17th percentile and firmly underweight, leaving ample room to add risk. Image: Deutsche…
New York Fed GDP Nowcast The New York Fed nudged its Q3 2026 U.S. GDP nowcast down to 2.52% from 2.62% a week ago, a small cut that leaves the growth story broadly intact. Image:…
Risky vs. Safe Assets Fund Flows As confidence returns, cash is pouring into risk assets while safer funds sit on the sidelines, pointing to a robust appetite for higher-return bets. Image: Goldman Sachs Global Investment…
U.S. High Yield Credit Spreads vs. VIX High-yield spreads are pricing in a smooth ride. Spreads are tight, balance sheets look solid, and the risk is that confidence slips into complacency. Active monitoring helps catch…