New S&P 500 Index All-Time Highs Per Year The S&P 500 has now reached 19 record highs this year. In strong bull markets, new highs tend to come in clusters and often run longer than…

Consolidated Equity Positioning Consolidated equity positioning is in the 53rd percentile, a light overweight that is far from crowded and still leaves room to build. Image: Deutsche Bank Asset Allocation

Insider Transactions Ratio Corporate insiders are still buying, keeping the Insider Transactions Ratio in bullish territory. Historically, that kind of activity has pointed to improving sentiment. Image: Barron’s

Probability of U.S. Recession Calculated from the Yield Curve The probability of U.S. recession in 12 months, calculated from the yield curve, stands at 14.7%, keeping the expansion narrative intact. This cycle still has legs.…

Cash Held by Households Equity inflows are drawing support from the large cash buffers households built up during the pandemic, with a significant pool of savings still sitting on the sidelines. Image: Deutsche Bank Asset…

Equities – Global Valuation Range U.S. stocks carry a rich premium, while markets abroad sit closer to their historical ranges. The result is a global landscape where relative value is easier to find outside the…

S&P 500 Net Profit Margin Profit margins are widening across the S&P 500 this year, extending beyond mega-caps and the tech sector. This trend should continue into 2027, pointing to a healthier and more diverse…

Short Interest as % of Market Capitalization S&P 500 Median At 3.0%, short interest for the median S&P 500 stock is elevated, but the increase reflects hedging activity rather than a surge in bearish bets.…

Consensus EPS Growth Estimates Wall Street continues to look past the Middle East conflict, with optimism holding firm. Analysts expect S&P 500 earnings to jump 23% in 2026 and 16% in 2027, while small caps…

Investor Sentiment – U.S. Market Greed/Fear Index The Greed and Fear Index sits at 71.34, edging toward extreme greed. Bullish sentiment is on the rise, but not yet stretched to the levels that typically precede…

S&P 500 Performance After Eight Week Wins Streaks Up >12% An eight-week winning streak and a rise of more than 12% set the tone. Since 1950, U.S. stocks have followed up with a median 12-month…