Valuation – S&P 500 Forward P/E Valuations have cooled sharply: the Mag 7 now trades at 25 times forward earnings, down from January’s lofty 31. Still pricey, sure. But in today’s market, it’s the best…

S&P 500 Index Yesterday, the S&P 500 rose 0.8% to close above 7,000, marking its first record since late January. The milestone underscores how tech stocks continue to power the broader rally. Image: Bloomberg

S&P 500 Median Forward Returns After 5+ Consecutive Weekly Declines Following five weeks of losses, the market’s rally fit the usual playbook. Dating back to 1965, periods like this have preceded a median 12.3% gain…

S&P 500 Four-Year Presidential Cycle Midterm election years tend to shake up U.S. markets, as policy risks and political noise rise before voters hit the polls. Uncertainty is the one asset every portfolio gets stuck…

Mega-Cap Growth & Tech (Market Cap and Earnings) The tech pullback has left a bigger disconnect from earnings expectations. Once the mood shifts, risk appetite could roar back and drive stocks sharply higher. Fundamentals haven’t…

U.S. Dollar Index The U.S. dollar index slipping back below its 200-day moving average gives bears more reason to cheer, as the recent rebound loses momentum and the broader downtrend reasserts itself. Image: The Daily…

S&P 500 Forward Returns After Extreme AAII Bearish Sentiment Peaks Since 1990, when the AAII bearish sentiment exceeded 45%, as it did recently, the S&P 500 has delivered strong 12‑month gains, averaging more than 18%.…

S&P 500 Up 7 Days in a Row and Up >7% After seven straight days of gains and a jump of more than 7%, history points to more good news ahead: median six‑month gains of…

Evolution of S&P 500 Consensus Earnings Optimism is building on Wall Street. Analysts have lifted their S&P 500 bottom-up earnings forecasts for Q2 2026, betting on stronger corporate profit momentum through the year. It’s encouraging…

Impact of U.S. Quarter-Over-Quarter Annualized GDP Growth The boost from the 2025 fiscal bill may be short-lived, as the conflict in the Middle East drives oil prices higher and curbs U.S. growth prospects. Image: Goldman…

S&P 500 Average Return After Recapturing 200-Day Moving Average From Below History favors the bulls: when the S&P 500 has dropped below and regained its 200‑day moving average since 2000, it has averaged a 15%…