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

S&P 500 Index and Technical Score With a reading of 86.38, the S&P 500 is firmly in overbought territory, while bullish sentiment shows little sign of fading. Image: Real Investment Advice

S&P 500 Price Target for 2026 Goldman Sachs still expects earnings to drive the S&P 500 up 17% to 8,000 in 2026, even if the path stays volatile. Image: Goldman Sachs Global Investment Research

Consolidated Equity Positioning At the 55th percentile, consolidated equity positioning is only modestly overweight, with room for more upside before things get stretched. Image: Deutsche Bank Asset Allocation

Insider Transactions Ratio Corporate insiders appear reluctant to buy as the Insider Transactions Ratio slides back into bearish territory. Image: Barron’s

Large Cap MCG & Tech Positioning vs. Earnings Growth Positioning in large-cap MCG and Tech has surged, leaving the sector overweight and much closer to where it should be given today’s earnings growth. Image: Deutsche…

Weekly Net Flow to U.S. Bitcoin ETFs U.S.-listed Bitcoin ETFs posted their strongest weekly inflows since April, attracting $850 million after a hack that refocused attention on the risks of holding digital assets. Image: Bloomberg

Consensus Hyperscaler Capex Estimates Capex estimates keep surprising to the upside as earnings season rolls on. Hyperscaler spending is now on track to hit over $1 trillion in 2027. That looks less like a cycle…

Performance – S&P 500 MCG & Tech Ratio to the Rest of the S&P 500 After bouncing off the bottom of its long-term trend channel, the MCG and Tech relative performance ratio has rallied back…

Market-Implied Probability of a Recession Starting Within 1 Year and Market-Implied Probability of Being in a Recession With market-implied recession odds at only 12% for the next year, below the long-run average, the risk backdrop…

Global Equities Performance Since the start of 2025, U.S. stocks have lagged other major markets, bringing a long period of outperformance to an end. The weaker dollar has also pushed international investors to look beyond…