Investor Sentiment – U.S. Market Greed/Fear Index The Greed and Fear Index stands at 74.15, approaching extreme greed. The mood is clearly bullish, though not yet stretched to the levels typically seen at major peaks.…
S&P 500 Price Target for 2026 Goldman Sachs is betting that steady earnings growth will lift the S&P 500 17% to 8,000 in 2026, even as periods of volatility persist. Image: Goldman Sachs Global Investment…
Consolidated Equity Positioning Consolidated equity positioning dropped sharply last week, landing in the 34th percentile and leaving the door open for further upside. Image: Deutsche Bank Asset Allocation
Sentiment Indicator and Stock Positioning Goldman Sachs’ U.S. Equity Sentiment Indicator is sitting close to neutral at 0.3. Past episodes at similar levels have generally been followed by a 0.8% rise in the S&P 500…
S&P 500 YoY EPS Growth Goldman Sachs is betting earnings will keep the rally alive, with S&P 500 EPS seen rising 24% in 2026 and 13% in 2027, reinforcing the bull case. If delivered, that…
U.S. Equity Index P/E Valuations vs. History There is little sign that risk appetite is fading. The Russell 2000 trades at 25 times forward earnings, the Nasdaq 100 at 24, and the S&P 500 at…
Potential Indicators of Exuberance Relative to History AI bubble worries are creeping back into the narrative. Investors are more bullish than usual, but sentiment points to late-cycle exuberance rather than a full-blown bubble. Image: Goldman…
Mega-Cap Growth & Tech Positioning After looking stretched just weeks ago, mega-cap growth and tech positioning is back to neutral, at the 48th percentile, pointing to further upside potential. Image: Deutsche Bank Asset Allocation
Index Performance – S&P 500, Nasdaq 100, Russell 2000, Mag 7 While performance within the Magnificent 7 has diverged, the group as a whole has been lagging since late October 2025, with the rest of…
Large Cap MCG & Tech Positioning vs. Earnings Growth The unwind has left positioning in large-cap tech lagging earnings growth, creating space for the rally to push higher if revisions hold and macro risks stay…
S&P 500 Peak-To-Trough Decline After Major Issuance Booms Major U.S. equity issuance booms tend to follow late-cycle optimism. On its own, that is more a caution flag than a sell signal. It carries more weight…