U.S. Stock Market Bull and Bear Indicator – S&P 500 Thursday, our Stock Market Bull & Bear Indicator was bullish well before the opening bell and the S&P 500 didn’t disappoint, ending the day up 0.81%. Using multiple financial data, this great model helps investors navigate through different market conditions. It suggests whether the U.S.…
Magnificent Seven Stocks vs. S&P 500 – Cumulative Revenue Growth Since 2016 Since 2016, Mag 7 revenue has climbed 375%, versus 95% for the S&P 500. Earnings tell the same story. A flow-driven pullback can shake the tape, but it doesn’t change the decade-long compounding trend. Image: Real Investment Advice
Consumer Sentiment Index and Subsequent 12-Month S&P 500 Returns When consumer confidence sinks, stocks often rebound anyway, turning lousy sentiment into fuel for gains. It’s a classic contrarian setup: the worse the mood, the better the returns. Image: J.P. Morgan Asset Management
Fear & Greed Index – Investor Sentiment At 46 on the Fear & Greed Index, sentiment sits in neutral territory, leaving room for further upside. Image: Cable News Network
S&P 500 CAPE Ratio vs. U.S. Households Holding of Equities % Total Financial Assets When everyone is piled into equities and valuations are stretched, there isn’t much cushion left. History doesn’t say a crash has to follow, but it does show that markets priced for perfection rarely handle surprises well. Image: Topdown Charts
Valuations – 12-Month Forward P/E Ranges (MSCI Regions) U.S. and global equity valuations remain rich, but earnings are carrying the market for now. As long as profits hold up, that premium does not look like a major problem for investors. Image: Goldman Sachs Global Investment Research
AAII Sentiment Survey Sentiment has improved, but U.S. retail investors are still cautious, leaving the bull-bear spread slightly below neutral and keeping room for further upside. Image: The Daily Chartbook
Capex to Operating Cash Flow for U.S. and China Hyperscalers U.S. hyperscalers are on track to spend more than their operating cash flow in 2027. The market is no longer asking whether they can pay for it, but whether the AI spending will eventually deliver returns. Image: Goldman Sachs Global Investment Research
NAAIM Exposure Index – Investor Sentiment At 82.95, the NAAIM Exposure Index shows active managers remain heavily invested in U.S. stocks, without reaching euphoric levels. The National Association of Active Investment Managers Exposure Index represents the two-week moving average exposure to U.S. equity markets reported by NAAIM members. Image: NAAIM
Risk Appetite Indicator Level and Momentum Factors Goldman Sachs’ Risk Appetite Indicator increased again, keeping markets firmly in risk-on territory. Image: Goldman Sachs Global Investment Research
S&P 500 Technical Composite A composite of technical breadth measures puts the S&P 500 in neutral territory, with upside still in play. Image: MarketDesk Research