U.S. Stock Market Bull and Bear Indicator – S&P 500 Friday, our Stock Market Bull & Bear Indicator was bullish well before the opening bell, and the S&P 500 followed through, ending the day up 0.62%. Using multiple financial data, this great model helps investors navigate through different market conditions. It suggests whether the U.S.…
Investor Sentiment – U.S. Market Greed/Fear Index Strong large-cap earnings pushed the Greed and Fear Index up to 83.21, as investors continued to pile into risk with few signs of concern. Image: Real Investment Advice
S&P 500 – Length of Bull Markets and When They Started This bull market, born in October 2022, is now 3.8 years old. History shows that once a bull reaches the three-year mark, it tends to run for several more. The odds still favor more upside, even if bears aren’t ready to buy it. Image:…
Hyperscaler Capex U.S. hyperscaler capex is now expected to reach $799 billion this year, then rise to $1.068 trillion in 2027 and $1.301 trillion in 2028. This is starting to look less like a cycle than a structural reset. Image: Goldman Sachs Global Investment Research
Sentiment Indicator and Stock Positioning Goldman Sachs’ U.S. Equity Sentiment Indicator sits at 1.2. In the past, similar levels have preceded an average 1.2% rise in the S&P 500 over the following month.Image: Goldman Sachs Global Investment Research
S&P 500 Performance Since 2025 After spending two months stuck in a narrow range, the S&P 500 broke decisively higher during earnings season. Investors had been underpositioned for the strength of earnings and were now scrambling to catch up. Image: Deutsche Bank Asset Allocation
Realized and Consensus Hyperscaler Free Cash Flow Hyperscaler free cash flow is expected to remain negative through 2027 as AI spending accelerates, before recovering in 2028. For now, that cash burn is the price of keeping up in the AI race. Image: Goldman Sachs Global Investment Research
U.S. Equity Index P/E Valuations vs. History Risk appetite remains strong. The Russell 2000 trades at 25 times forward earnings, above the Nasdaq 100 at 24 and the S&P 500 at 20. The market looks expensive, but investors continue to pile into stocks. Image: Goldman Sachs Global Investment Research
S&P 500 Quarterly Earnings Growth S&P 500 earnings growth is set to accelerate from 25% in Q1 to 34% in Q2, a pace rarely seen outside the early stages of an economic recovery. Image: Deutsche Bank Asset Allocation
S&P 500 Performance After ≥ 12% Over the First 150 Trading Days of the Year The S&P 500 has gained 12% or more in its first 150 trading days on 22 occasions since 1950. While 3-month returns tended to cool after such strong runs, performance usually improved over the following 6 to 12 months. Image:…
S&P 500 Trend Channel The sharp rally has brought the S&P 500 back to the bottom of its nearly four-year uptrend channel. If buyers defend the level, the rally could have further room to run. Image: Deutsche Bank Asset Allocation