S&P 500 Index and Exponential Trend Line Investors should expect a reversion to the mean, as it is highly likely that the gap between the S&P 500 Index and the exponential trend line will close…

Fed – Timeline for Tapering and Change in Nonfarm Payrolls Should the market be braced for a formal taper announcement in December 2021? Image: Goldman Sachs Global Investment Research

Stock Correlations with Treasury Yields and HY Spreads The correlation between stocks and Treasury yields has broken down since the Pfizer/BioNTech vaccine announcement, while the relationship with HY spreads has remained stable. Image: Credit Suisse

Seasonality in Markets Seasonality suggests that the S&P 500 tends to move lower over the next few months. Image: BCA Research

S&P 500 Index – Number of 10% Corrections Per Year 10% corrections are fairly common for the S&P 500 Index. Since 1950, there has been an average of one per year. Image: LPL Research

Gold to Silver Ratio The gold to silver ratio is an interesting indicator at its extremes. Image: Morgan Stanley Research

Coronavirus – COVID-19 Vaccinations The number of COVID-19 vaccine doses administered in Canada and the UK is much higher than in other countries. Is the global response to the pandemic too slow? Image: Financial Times

Performance – MSCI All Countries ex-USA vs. S&P 500 Will the S&P 500 continue to outperform global equities ex-U.S.? Image: Topdown Charts

U.S. 5-Year/5-Year Forward TIPS Breakeven Inflation Rate and Fed’s Target Zone Is U.S. inflation still a risk? Image: BCA Research

S&P 500 and % of Stocks Above 50-Day Moving Averages Based on the percentage of stocks above 50-day moving averages, market breadth has weakened. Should investors be worried? Image: BofA Global Research

Small Caps – Russell 2000 and Russell Advance-Decline Line New lows for the Russell 2000 advance-decline line tend to favor new lows for the Russell 2000. Image: BofA Global Research