Investor Sentiment – U.S. Market Greed/Fear Index The Greed and Fear Index fell to 69.05, and with the S&P 500 now below its 50-day moving average, near-term downside risk has increased. Image: Real Investment Advice
Index Performance – S&P 500, Nasdaq 100, Russell 2000, Mag 7 Investors are still rotating out of mega-cap tech. Since late October 2025, the Magnificent Seven have underperformed sharply, while the broader market has proved…
Insider Transactions Ratio Corporate insiders are turning more cautious as the Insider Transactions Ratio slips back into bearish territory, with little sign of buying interest. Image: Barron’s
S&P 500 Price Target for 2026 Goldman Sachs continues to see steady earnings growth as the driver behind a 17% climb in the S&P 500 to 8,000 in 2026, though volatility is likely to stick…
Oil Price Fair Value Oil is trading more than 50% above its estimate of medium-term fair value. Outside the 2022 shock peak, the market has rarely looked this stretched, leaving plenty of room for a…
S&P 500 Returns Around Midterm Elections Ahead of midterm elections, U.S. equities have often gone sideways, with volatility rising and performance typically improving after the vote as uncertainty fades. Image: Goldman Sachs Global Investment Research
U.S. Equity Index P/E Valuations vs. History The appetite for risk is still there. The Russell 2000 trades at 25 times forward earnings, versus 24 for the Nasdaq 100 and 20 for the S&P 500.…
MOVE Index vs. S&P 500 The S&P 500 has been moving in the opposite direction of rate volatility. Stocks remain sensitive to swings in rates, but if volatility cools and the outlook becomes more predictable,…
Performance – S&P 500 MCG & Tech Ratio to the Rest of the S&P 500 The rotation out of mega-cap tech is still in progress, but it looks more like an unwind of crowded positioning…
VIX Seasonality There’s a seasonal tendency for volatility to pick up at this time of year. As it climbs from late July into the autumn months, that can make for a trickier period for U.S.…
U.S. 10-Year Treasury Yield vs. Crude Oil (USO) Oil and yields have moved together since the Middle East conflict started in February. But that correlation often weakens once tensions cool. Image: Real Investment Advice