Insider Transactions Ratio With buying and selling now in balance, the Insider Transactions Ratio has moved back into neutral territory. Corporate insiders appear to be on the sidelines, showing little conviction on direction. Image: Barron’s
Crypto Fund Flows Crypto funds have suffered sustained outflows over the past month, with Bitcoin vehicles accounting for the bulk of the selling as investors step back from the space. Image: Deutsche Bank Asset Allocation
U.S. Equity Index P/E Valuations vs. History There is little evidence of risk appetite fading. The Nasdaq 100 and Russell 2000 both trade at 26 times forward earnings, with the S&P 500 at 21. Multiples are elevated, but the bid for equities is still there. Image: Goldman Sachs Global Investment Research
Mega-Cap Growth & Tech Positioning Mega-cap growth and tech positioning sits in the 97th percentile, a crowded overweight trade that looks fragile as tailwinds fade. That leaves little margin for disappointment Image: Deutsche Bank Asset Allocation
Equity Positioning Overall equity positioning sits in the 65th percentile, pointing to a modest overweight. At the same time, crowding in large caps, especially tech, has intensified, leaving the market more fragile when momentum rolls over. Image: Deutsche Bank Asset Allocation
S&P 500 Annual Highs Per Month The S&P 500 has never peaked in June. Every other month has done so at least once since 1950. If history holds, the market’s high may still be ahead, giving bulls reason to smile. Image: Carson Investment Research
Relative Total Return Performance S&P 500 Momentum vs. Low Volatility Stocks The ratio of S&P 500 momentum to low volatility stocks is nearing Tech Bubble peaks, pointing to a tech-fueled late cycle. The trend can extend, but it also heightens the risk of a more abrupt downside if that leadership falters. Image: Goldman Sachs Global…
CPI Computers, Periph and Others vs. Import Price (Leading Indicator) AI may put upward pressure on near-term CPI, especially in computers, peripherals and related electronics, as surging demand lifts the cost of chips, memory and other key components. Image: Deutsche Bank
U.S. Real GDP Growth Goldman Sachs is sticking with its U.S. growth forecast, seeing the economy hold at 2.1% in 2026 and 2.0% in 2027, backed by tax cuts, easier financial conditions, and fading tariff headwinds. Image: Goldman Sachs Global Investment Research
The Math of Drawdowns – Recovery Requied to Break Even After a Portfolio Decline Cut a portfolio in half and you need to double it to break even. That is not bad luck, it is simple compounding working against you. The bigger the loss, the tougher the climb back. Image: Real Investment Advice
S&P 500 Performance One Year After 5% Monthly Gains The bulls have history on their side. Since 1950, a May rally of more than 5% in the S&P 500, like this year, has been followed by gains over the next year every single time, averaging 21%. Image: Carson Investment Research