Weekly Change in Equity Positioning Investors piled into equities, driving one of the biggest weekly jumps in positioning on record. Such bursts often reflect a market gripped by FOMO. Image: Deutsche Bank Asset Allocation
Change in 12-Month Forward EPS for S&P Tech Sector Firms Nearly all of the year-to-date increase in S&P tech forward earnings traces back to SanDisk and Micron. Excluding those names, revisions look subdued and the…
MOVE Index vs. S&P 500 The S&P 500 has been moving opposite to rate volatility. Stocks remain sensitive to rate swings, but as clarity returns, investors recalibrate and the market calms. It’s all about uncertainty,…
S&P 500 Annual Rate of Change vs. Annual Change in GAAP Earnings The S&P 500 tends to track corporate earnings, so strategies built on profit growth make sense for investors playing the long game. In…
Nasdaq-100 Win Streaks of 12 Days or More and Future Returns A 12-day winning streak has pushed the Nasdaq-100 into rare territory. History is on the bulls’ side with similar streaks leading to positive returns…
Excess CAPE Yield and Subsequent 10-Year Real Return The excess CAPE yield, which measures the gap between bond yields and the inverse of the P/E ratio, indicates that U.S. stocks look pricey, making now a…
U.S. Stock Market Valuations – Combined P/E Ratio U.S. tech stocks still command a premium over the broader market, fueled by strong growth prospects, though that gap looks unlikely to close unless a recession shakes…
Rolling S&P 500 Change Over 11 Sessions It’s a rare burst of momentum: the S&P 500 has gained more than 10% in just 11 sessions, something that’s happened only 15 times this century. Moves like…
S&P 500 Index – Best and Worst Days For the S&P 500, the best and worst days often land right next to each other. Miss the best sessions and you leave returns on the table,…
S&P 500 Performance After Back-To-Back 3% Weekly Gains Another sign the bottom may be behind us: the S&P 500 has just posted back‑to‑back weekly gains of more than 3%. Since 1950, stocks have been higher…
S&P 500 Seasonal Composite 4 Year Presidential Election Cycle The S&P 500 is following the familiar midterm‑year script, with gains often building into mid‑April before the market starts to lose momentum as the election comes…