Investor Sentiment – U.S. Market Greed/Fear Index At 53.30, the Greed and Fear Index is neutral, with little sign of either panic or euphoria. If the market holds up through earnings season, investors could start…
S&P 500 Index Returns in October October’s final week has often been kind to U.S. stocks. Late-month lows are nothing new, and deeply bearish sentiment could set the stage for another buying opportunity. Image: Carson…
Consolidated Equity Positioning At the 41st percentile, consolidated equity positioning is neutral for now, with room to add risk if sentiment improves. Image: Deutsche Bank Asset Allocation
S&P 500 Price Target for 2026 and 2027 Goldman Sachs is holding to its S&P 500 targets: 8,000 by year-end and 8,700 over the next 12 months. Earnings growth, not multiple expansion, is expected to…
Largecap MCG & Tech Positioning and Earnings Growth Tech positioning remains well below what expected earnings growth would suggest. That gap leaves room for a catch-up trade. Image: Deutsche Bank Asset Allocation
U.S. Equity Index P/E Valuations vs. History High valuations haven’t cooled demand for U.S. stocks. The Nasdaq 100 trades at 22 times forward earnings, the same as the Russell 2000 and above the S&P 500…
S&P 500 Returns Around Midterm Elections Midterm season has often been kind to U.S. stocks: The S&P 500 rose in 21 of the past 23 midterm cycles, from one month before Election Day to two…
Mega-Cap Growth and Large-Cap Tech Positioning Positioning in mega-cap growth and large-cap Tech has cooled from its highs, returning to neutral territory at the 33rd percentile. Image: Deutsche Bank Asset Allocation
MSCI Cyclicals/Defensives Return A brighter growth outlook tends to lift cyclical stocks, while defensive stocks can help cushion portfolios when the economy slows. Right now, cyclicals relative to defensives are sliding sharply. Image: Goldman Sachs…
Median Short Interest Across U.S. Stocks Since 2022, traders have steadily built bearish bets on U.S. stocks. If momentum flips, those positions could quickly become fuel for a rally. Image: Deutsche Bank Asset Allocation
S&P 500 and Predecessors, Calendar-Year Price Returns Since 1928 The S&P 500 and its predecessors have finished higher in 73% of years since 1928. Risk never disappears, but staying bearish means fighting a long-standing tailwind.…