Hit Rate for S&P 500 (% Positive Returns) in Months of Small Cap Leadership vs. All Months Generally small caps tend to outperform when the U.S. economy is growing. Could small caps regain leadership? Image: BofA US Equity & Quant Strategy
Consensus S&P 500 Index Earnings per Share (EPS) Estimate Further earnings gains in 2022 suggest another good year for U.S. stocks. Image: LPL Research
Revision to Consensus S&P 500 EPS Have consensus earnings estimates for 2021 the potential to rise again? Image: BofA US Equity & Quant Strategy
New S&P 500 Index All-Time Highs Through August Can equity investors expect further gains for the rest of the year? Image: LPL Research
Real S&P 500 Market Doubles Is the U.S. stock market poised for a correction after 100% gain from its March 2020 low? Image: Real Investment Advice
Small Cap Stocks – S&P 500 Index/S&P 600 Index Is the party over for small cap stocks, as large caps outperform small caps again? Image: Morgan Stanley Wealth Management
S&P 500 2020-2021 Total Returns and Historical H2 Returns After similar first half gains, the S&P 500 could jump another 8% by the end of the year. Image: BofA Research Investment Committee
Bull Markets – S&P 500 Performance in Year 1 and Year 2 Off Low and Second Year Max Drawdown Since 1950, the S&P 500 gain during the second year of bull markets has been about 13% on average. Image: LPL Research
Commodities – S&P 500 Price Index/CRY(B) Index Are commodities a bargain relative to U.S. equities? Historically, commodities tend to underperform inflation over the long run and stocks tend to outperform. Image: Deutsche Bank
ISM Manufacturing vs. S&P 500 Performance More than 90% of the gains in the S&P500 Index have occurred when the ISM Manufacturing Index rises. Image: Alpine Macro
S&P 500 Index Bull Markets (Since WWII) The First Year and the Second Year Historically, the S&P 500 Index tends to add gains in year two of bull markets. Image: LPL Research