S&P 500 Annual Highs Per Month There’s more positive news for bulls: Historically, the S&P 500 rarely peaks in February, and this year followed that trend. With the index currently just 3% shy of its record, a new all-time high could be on the horizon. Image: Carson Investment Research
Median S&P 500 Performance Around Drawdowns Close to or Larger than 20% Since 1950 In the absence of recession, short-lived market drawdowns are often followed by strong recoveries, offering attractive returns to investors who stay the course rather than selling in panic. Image: Goldman Sachs Global Investment Research
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
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
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…
Equity Fund Flows U.S. vs. Rest of the World Over the past four weeks, U.S. equity funds have experienced substantial outflows, while equity funds in other regions have recorded inflows, indicating a shift in global investor sentiment. Image: Deutsche Bank Asset Allocation
Consensus EPS Growth Estimate Following the initial Magnificent Seven earnings report on April 22, analysts revised full-year earnings estimates upward by 1.8% for the Magnificent Seven, but downward by 0.8% for the other 493 companies in the S&P 500. Image: J.P. Morgan Asset Management
S&P 500 Performance After >55% of Components Make a 20-Day High There’s good news for bulls: since 1970, the S&P 500 has gained an average of 16.3% in the 12 months after more than 55% of its components hit a 20-day high, with positive returns occurring 96.7% of the time. Image: Carson Investment Research