Returns – Growth and Defensive Sectors vs. S&P 500 ex-Growth and Defensive Sectors Growth and defensive sectors are driving the S&P 500 higher YTD. Image: Societe Generale Cross Asset Research
Nasdaq 100 Index: Today vs. 1997-2001 Are investors facing another tech bubble? Image: Alpine Macro
Market Capitalization – Five Largest Companies as Share of S&P 500 Total This chart highlights the record concentration of market cap in the five largest stocks. Image: Goldman Sachs Global Investment Research
U.S. Option Positioning Indicators Should investors be concerned about the increase in option positioning indicators? Image: Goldman Sachs Global Investment Research
Global Real GDP Forecasts Chart suggesting that the V-shaped recovery is proceeding faster than the previous forecast. Image: Morgan Stanley Research
FANG Stocks and 200-Day Moving Average How high above the 200-day moving average can FANG stocks get? Should investors be concerned? Image: The Daily Shot
S&P 500 Trailing 4-Quarter EPS Goldman Sachs expects S&P 500 earnings to contract by 21% in 2020, before rebounding by 30% next year and 11% in 2022. Image: Goldman Sachs Global Investment Research
Drawdowns and Nasdaq Net Future Positions of Asset Managers Nasdaq net future positions of asset managers are close to historical highs. Should investors be concerned? Image: Goldman Sachs Global Investment Research
History of Asset Bubbles Past 60-Years This chart puts into perspective the history of asset bubbles over the past 60 years. Image: BCA Research
200-Day Moving Average of FAAMG Stocks Trading at 41% above the 200-day moving average appears stretched, but it’s important not to lose sight of the big picture. Image: BofA Global Investment Strategy
S&P 500 Price Target by the End of 2020 and the Next 12 Months Goldman Sachs maintains its S&P 500 price target to 3600 by the end of 2020, and its 12-month S&P 500 price target to 3800. Image: Goldman Sachs Global Investment Research