Category: Blog

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

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

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

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

Valuation of Risk Assets (Survey) The results of a survey of 800 global investors show that risk assets are generally viewed as expensive. Image: Deutsche Bank Research