Nine Day Win Streaks for the S&P 500 Nine-day winning streaks have been a reliable bullish signal for the S&P 500. In every instance since 1990, the index has been higher 12 months later, delivering…

Daily Percentage Change in the Philadelphia Semiconductor Index (SOX) The Philadelphia Semiconductor Index (SOX) fell 10.26% last Friday, its sharpest decline since March 2020. The long-term story remains intact, but expectations had clearly overheated. Image:…

S&P 500 Returns After >19% in Two Months Since the late-March lows, the S&P 500 has rallied more than 19%. In similar rebounds, stocks have typically pushed higher over one-, three-, six-, and twelve-month horizons,…

Relative Total Return Performance S&P 500 Momentum vs. Low Volatility Stocks The ratio of S&P 500 momentum to low volatility stocks is nearing Tech Bubble peaks, pointing to a tech-fueled late cycle. The trend can…

CPI Computers, Periph and Others vs. Import Price (Leading Indicator) AI may put upward pressure on near-term CPI, especially in computers, peripherals and related electronics, as surging demand lifts the cost of chips, memory and…

The Math of Drawdowns – Recovery Requied to Break Even After a Portfolio Decline Cut a portfolio in half and you need to double it to break even. That is not bad luck, it is…

S&P 500 Performance One Year After 5% Monthly Gains The bulls have history on their side. Since 1950, a May rally of more than 5% in the S&P 500, like this year, has been followed…

Number of U.S. IPOs 40 U.S. companies have gone public so far this year, while Goldman Sachs expects roughly 100 IPOs to raise about $160 billion in 2026. Geopolitical uncertainty and recent equity market volatility…

S&P 500 Performance – % Difference vs. the 200-DMA The S&P 500 is trading about 11% above its 200-day moving average, not far from past peaks. The further it stretches, the more vulnerable it becomes…

S&P 500 Index vs. 40-Week Moving Average The 40-week moving average offers a straightforward way to manage S&P 500 exposure. Add risk when the index trades above it. Trim risk when it falls below. Process…

S&P 500 Performance After Nine Week Wins Streaks A 9-week win streak tends to have legs. In 9 out of 10 cases, the S&P 500 has moved higher in the next month, suggesting June could…