S&P 500 Index vs. MSCI EAFE Index

S&P 500 Index vs. MSCI EAFE Index Largely due to structural headwinds, international stocks have underperformed U.S. stocks significantly in this bull market, over the last ten years. It could continue next year as well. Image: LPL Research

Dow Jones Transportation Average vs. S&P 500

Dow Jones Transportation Average vs. S&P 500 This interesting chart suggests that the Dow Jones Transportation Average underperforms in secular bull markets. Actually, the S&P 500 had higher returns when the Dow Jones Transportation Average experienced negative momentum. Image: Oppenheimer & Co.

10-Year Treasury minus 1-Year Treasury Yield Spread vs. S&P 500 Returns

10-Year Treasury minus 1-Year Treasury Yield Spread vs. S&P 500 Returns If history helps us to predict the future, the 10y-1y treasury yield spread suggests low returns ahead for U.S. stocks. After 10 years of a bull market, our stock market forecasting model also shows that the market follows a different path in 2019. Statistically,…

Sentiment Indicator and Stock Positioning

Sentiment Indicator and Stock Positioning The GS sentiment indicator remains stretched, reflecting market participants’ optimism and bullishness. Image: Goldman Sachs Global Investment Research

S&P 500 and the 28-Week Williams %R

S&P 500 and the 28-Week Williams %R The Williams %R can provide valuable insights into market momentum. The S&P 500 is currently in a bullish overbought condition, with potential upside to the 5600 and 6150 levels. Image: BofA Global Research

Combined AAII & II Sentiment

Combined AAII & II Sentiment The combined sentiment of the American Association of Individual Investors (AAII) and Investors Intelligence (II) continues to exhibit a strong bullish sentiment, reflecting optimism and confidence among market participants. Image: Topdown Charts

Sentiment/VIX Composite vs. S&P 500

Sentiment/VIX Composite vs. S&P 500 Bullish sentiment has experienced a significant reversal. Historically, elevated levels of optimism among retail investors and low volatility in financial markets have frequently indicated short-term market peaks. Image: Real Investment Advice