Consolidated Equity Positioning Consolidated equity positioning at the 58th percentile, a level slightly above neutral, can act as a supportive factor for continued stock market gains. Image: Deutsche Bank Asset Allocation
Valuation – S&P 500 Forward P/E Multiple The five largest S&P 500 stocks are trading well above their historical valuation norms—reflecting strong investor confidence in their earnings power and growth prospects—yet their valuations remain below…
Change in Consensus EPS Earnings growth and estimate revisions for the broader S&P 493 are more subdued compared with the strength and optimism around the Magnificent Seven. Image: Goldman Sachs Global Investment Research
S&P 500 and Speculators’ Net Positioning Speculators have turned increasingly bearish, slashing their net long positions in major U.S. equity index futures—E-mini S&P 500, Nasdaq, Dow Jones, S&P Midcap, and Russell 2000—to levels not seen…
Spot Gold and Spot Silver Gold surged past $3,600 per ounce as expectations of imminent Fed rate cuts, a weakening labor market, softer U.S. dollar, and mounting geopolitical and economic risks boosted demand for the…
Systematic Equity Positioning Systematic strategies at the 89th percentile maintain a highly bullish stance on equities, fueled by strong technical momentum. Image: Deutsche Bank Asset Allocation
S&P 500 Sector P/E Valuations Relative to History Historical data and sector-specific valuation metrics show that several S&P 500 sectors have tended to remain overvalued relative to their historical averages and to other sectors. Image:…
Consensus EPS Growth Estimates Consensus estimates indicate that S&P 500 EPS will grow about 9% in 2025, followed by a 14% increase in 2026. This outlook highlights the resilience of the corporate sector despite persistent…
Investor Sentiment – U.S. Market Greed/Fear Index The Market Greed/Fear Index, currently at 68.82, indicates that investor sentiment is approaching extreme greed, a level high enough to justify careful risk management. Image: Real Investment Advice
S&P 500 Target Goldman Sachs maintains its forecast that the S&P 500 will reach 6,600 by year-end and 6,900 within 12 months, supported by expectations of earlier Fed rate cuts and strong fundamentals. Image: Goldman…
Insider Transactions Ratio Corporate insiders are showing bearish sentiment, with the Insider Transactions Ratio slipping back into bearish territory. Image: Barron’s