S&P 500 Index and 200-Day Moving Average Regaining the 200-day moving average is a constructive technical signal for the S&P 500 index, as forward returns tend to be positive more often than not. Image: Bloomberg
S&P 500 Technical Composite A composite of technical breadth measures points to the S&P 500 being overbought, raising the likelihood of a selloff. Image: MarketDesk Research
S&P 500 Cash Spending In 2025, S&P 500 share buybacks are forecast to remain elevated, supported by solid earnings and strong balance sheets, with total repurchases anticipated to exceed $1 trillion. Image: Goldman Sachs Global Investment Research
S&P 500 Performance After >58% of Components Make a New 20-Day High More good news for bulls: Since 1976, the S&P 500 has gained an average of 18.7% in the 12 months after more than 58% of its components hit a 20-day high, with positive returns every single time. Image: Carson Investment Research
S&P 500 Four-Year Cycle Although the S&P 500 is facing increased volatility in this post-election year, its performance still aligns with typical patterns observed in the four-year presidential cycle. Image: Ned Davis Research
Total Known ETF Holdings of Gold Over the past three weeks, gold ETFs have seen net outflows as investors took profits after a major price rally. However, investor interest in gold remains strong for diversification and as a hedge against uncertainty. Image: J.P. Morgan
S&P 500 – 13-Week and 26-Week Moving Average The S&P 500 continues to exhibit a negative medium-term trend, as shown by moving average crossover signals. Specifically, the 13-week moving average is below the 26-week moving average and is still declining, which usually points to persistent bearish momentum. Image: Bloomberg
U.S. vs. Non-U.S. Equity and U.S. vs. Europe Equity and Real Trade-Weighted US Dollar Index The start of 2025 marks a significant pause-and possible reversal-in U.S. equity exceptionalism. Whether this is a temporary pause or a fundamental shift remains to be seen, but the landscape for global investors has changed. Image: Goldman Sachs Global Investment…
Net Bullish Sentiment vs. S&P 500 Index When investor sentiment reaches extremely negative levels-like those seen recently-such conditions have historically coincided with, or occurred near, market bottoms. Image: Real Investment Advice
Equities – Global Valuation Range While non-U.S. markets appear attractive compared to the U.S., their valuations are not especially low by their own historical standards. Image: Goldman Sachs Global Investment Research
S&P 500 and the 14-Day RSI The S&P 500’s recent rally has pushed it into technically overbought territory, increasing the likelihood of near-term volatility or a corrective phase as the market consolidates recent gains Image: Bloomberg