U.S. Stock Market Bull and Bear Indicator – S&P 500 Last Friday, our Stock Market Bull & Bear Indicator was bullish well before the opening bell and the S&P 500 followed through, closing up 0.69%.…

S&P 500 Index and Technical Score With a reading of 71.13, the S&P 500 has eased over the last month. Some added softness wouldn’t surprise as February winds down, but optimism still outweighs caution. Image:…

S&P 500 Index Returns in February The S&P 500 tends to lose a bit of steam as February winds down, with the final days often trending softer. Nobody likes it, but few are really surprised. Image:…

Discretionary vs. Systematic Equity Positioning Systematic strategies are holding steady at the 68th percentile, while discretionary investors are still cautious at the 29th percentile, leaving plenty of room for upside if momentum kicks in. Image:…

Short Interest as % of Market Capitalization S&P 500 Median At 2.7%, short interest for the median S&P 500 stock is on the high side, but the buildup appears tied to portfolio hedging, not a…

Different Market Sentiment Indicators Global equity inflows continue to prop up risk appetite, though some signs of softer sentiment are starting to surface, hinting at a typical consolidation phase. Image: Goldman Sachs Global Investment Research

Valuation – Magnificent Seven Forward P/E The Magnificent 7 are trading at their lowest premium to the rest of the S&P 500 in a decade. That doesn’t necessarily make them cheap, but the risk‑reward looks…

Software Stocks (IGV) and Forward P/E The recent weakness in software stocks reflects a valuation de-rating rather than deteriorating fundamentals. Retail investors have been adding exposure on dips, even as institutional money stays cautious. Image:…

Market-Implied Probability of a Recession Starting Within 1 Year and Market-Implied Probability of Being in a Recession The current market-implied probability of a U.S. recession within the next 12 months is 17%, slightly higher than…

Cumulative Global Sector Fund Flows Industrial funds have seen a surge in inflows over the past year, outpacing every other sector and showing no sign of losing momentum. Image: Deutsche Bank Asset Allocation

Global Equities Performance Since spring 2025, the stock rally has gone global, with Europe and Asia powering ahead while U.S. equities lag behind. Broad participation like this often keeps bull markets running longer than most…