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…
Fear & Greed Index – Investor Sentiment With the Fear & Greed Index at 67, investors are comfortable taking risk. Not extreme yet, but clearly supportive of the ongoing rally. Image: Cable News Network
U.S. Share Buyback Authorization Announcements Buybacks are giving Wall Street a tailwind, with U.S. authorizations topping a record $665 billion so far this year and offering a firm backstop for stocks. Image: Goldman Sachs Global…
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…
NAAIM Exposure Index – Investor Sentiment At 96.67, the NAAIM Exposure Index shows active managers heavily tilted toward equities. Confidence in the U.S. outlook is building, and at least for now, momentum continues to favor…
S&P 500 Technical Composite A composite of technical breadth measures is flashing overbought for the S&P 500, where investors typically start trimming exposure and rebalancing portfolios. Taking some chips off the table would be a…
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…