Performance vs. S&P 500 by Uses of Cash U.S. companies that return the most cash to shareholders through dividends and buybacks have outperformed the S&P 500 since 1992. The outperformance usually reflects stronger fundamentals and…
Bitcoin and Software Bitcoin has largely tracked software stocks in recent years. The reset phase now looks to be transitioning into a rebound. Both have cleared near-term resistance and are starting to build short-term uptrends.…
YTD Change in S&P 500 Price, Earnings, and Valuation The S&P 500 has pushed higher this year, but valuations have eased as earnings expectations outpace price gains. When profits accelerate, markets can rise without stretching…
S&P 500 Earnings Growth – Consensus vs. Historical Norms Historically, S&P 500 earnings have risen 6.5% annually. The 18.6% call for 2026 is more than twice that rate, and forecasts for 2027 still around 16%.…
S&P 500 Bull Markets Over the past 50 years, the average U.S. bull market ran for eight years and returned 288%. At just 3.5 years old and up more than 100%, this one still looks…
Magnificent Seven and S&P 500 ex Magnificent Seven Earnings Growth After several quarters of narrowing performance between the Mag 7 and the S&P 493, the gap widened sharply again this quarter as the Mag 7…
Forward P/E Ratio and Subsequent 5-Year Annualized Returns With U.S. equities still priced for perfection, the next five years may bring thinner returns. These are exceptional businesses, but price matters. Even the strongest names can…
S&P 500 Median Company EPS Growth Earnings growth for the S&P 500 median company is running in the double digits, the strongest pace in four years, lifted by AI enthusiasm and confident outlooks from executives.…
S&P 500 Valuation – Shiller CAPE Ratio Shiller CAPE puts U.S. stocks back in the stratosphere, great on the way up, unforgiving on the way down. From these levels, history argues for lower returns and…
S&P 500 Returns – Strong vs. Weak Periods U.S. stocks tend to lose some of their edge over the summer, with May to October often lagging the stronger November to April period. Even so, seasonality…
S&P 500 Quarterly Net Profit Margin (ex. Financials & Utilities) Corporate America is delivering solid profits, and with margins set to climb in the coming quarters, the bullish case keeps gaining traction. It’s getting harder…