ISABELNET Cartoon of the Day U.S. tariff policy is causing substantial harm on both the American brand and the broader economy. Rising costs, declining foreign tourism, and boycotts of American products are set to cost…

S&P 500 and VIX Above 50 The VIX rose above 60 during the 2008 financial crisis and the 2020 COVID-19 crash. In both cases, the stock market had already bottomed before the VIX dropped below…

S&P 500 Shiller CAPE vs. Subsequent Calendar-Year Total Return In the short run, the Shiller CAPE ratio often gets lost in the market’s noise. Over five to ten years, however, its warning grows clearer: the…

ISABELNET Cartoon of the Day Of course bulls want to make a deal with bears—they think every dip is a clearance sale and every market crash is just a friendly game of “who can hold…

U.S. 10Y-3M Yield Curve While a steepening inverted yield curve has historically served as a warning sign for U.S. recessions, its predictive power may be less definitive in this cycle. Image: J.P. Morgan

Huge Advancing Volume as a % of Total Volume and What the S&P 500 Did Next NYSE’s surging advancing volume on Wednesday is highly bullish, with historical data since 1980 showing the S&P 500 consistently…

ISABELNET Cartoon of the Day With U.S. stocks down YTD, bears are busy penning eulogies for the market. Bulls, however, are buying the dip like it’s Black Friday—happier than kids in a candy store! Have…

Aggregated U.S. Equity Futures Positions and S&P 500 Relative to Its 200-DMA While leveraged funds and asset managers have slightly scaled back their bullish stance, they still maintain substantial net long positions in U.S. equity…

Median S&P 500 Stock Bid-Ask Spread Bid-ask spreads for S&P 500 stocks have widened significantly in recent trading sessions, driven by heightened market volatility and liquidity strains. Image: Goldman Sachs Global Investment Research

S&P 500 Corrections and Bear Markets Since World War II Corrections and bear markets, while inevitable and uncomfortable, often reset valuations—providing long-term investors a chance to reevaluate holdings and build positions at attractive levels. Image:…

AAII U.S. Investor Sentiment Bearish Readings > 50 The current AAII U.S. Investor Sentiment Bearish reading of 58.9% marks the 7th consecutive week above 50%, aligning with the record streak observed in October 1990, which…