U.S. Stock Market Bull and Bear Indicator – S&P 500 Two Tuesdays ago, our Stock Market Bull & Bear Indicator was bullish well before the opening bell, and the S&P 500 didn’t disappoint, ending the…

S&P 500 Index and Technical Score The S&P 500’s technical reading fell to 30.67, putting it back in oversold territory and raising the odds of a relief bounce. Image: Real Investment Advice

S&P 500 Yearly Returns The lesson of the “10 best days” rule is stark: market timing can be costly. Miss the S&P 500’s 10 best days since 1990, and an investor’s annualized return would have…

Sentiment Indicator and Stock Positioning Goldman Sachs’ U.S. Equity Sentiment Indicator stands at 0.6. Historically, readings at similar levels have been followed by an average 1.1% gain in the S&P 500 over the next month.…

Insider Transactions Ratio The Insider Transactions Ratio remains in neutral territory, with buying and selling nearly balanced. For now, corporate insiders appear to be waiting for a clearer market direction. Image: Barron’s

Valuations – S&P 500 NTM P/E The S&P 500 equal-weight index trades at 16 times forward earnings, versus 18 times for the benchmark. The valuation gap has narrowed sharply in recent months. Image: Goldman Sachs…

Large cap MCG & Tech Positioning and Earnings Growth Current Tech positioning prices in more than just a sharp deceleration. It now reflects outright negative earnings growth and deep estimate cuts. Image: Deutsche Bank Asset…

Flows into Global Equity Funds Capital is flooding into DM and EM equity funds. The recent jump in monthly inflows shows global investors are once again chasing risk. Image: Goldman Sachs Global Investment Research

Discretionary vs. Systematic Equity Positioning Systematic strategies are close to neutral, with positioning in the 44th percentile. Discretionary investors are far more cautious, with positioning at just the 3rd percentile and plenty of room to…

Owning the Highest-Cap S&P 500 Stock The S&P 500’s largest company may look like a safe bet, but it can still lag the broader market. Buying the biggest name in the index can be a…

CTAs Exposure to Equities CTAs kept trimming equity exposure, with their positioning now at the 47th percentile. Image: Deutsche Bank Asset Allocation