S&P 500 vs. U.S. High Yield/High Grade and Large Cap Growth to Small Cap Value Charts suggesting that new highs in stocks need high yield outperformance and sustained rotation from large cap growth to small cap value. Image: BofA Global Investment Strategy
S&P 500 Moves Around Bear Market Bottoms Since 1870 If the March lows is the bottom, then the S&P 500 is well ahead of history in terms of market recovery. Image: Societe Generale Cross Asset Research
Performance over 12 Months: S&P 500 vs. FTSE All World and FTSE 100 U.S. equities had their best month since 1987, in the global rebound. Image: Financial Times
S&P 500 and 10% Monthly Gains, What Happens Next? Historically, 10% monthly gains for the S&P 500 have led to continued strong returns. Image: LPL Research
S&P 500 – Top Months Since World War II The S&P 500 posted its biggest one-month gain since 1987, surging 12.7% in April. Image: CNBC
Relative Valuation: MSCI Emerging Markets vs. S&P 500 Index Emerging markets stocks have dropped to a record valuation discount relative to U.S. equities. Image: Morgan Stanley
Forecast – New Path of the S&P 500 Market in 2020 Goldman Sachs has set a price target of 3000 by the end of 2020, and a new mid-year S&P 500 target of 2400. Image: Goldman Sachs Global Investment Research
S&P 500 and Bull Markets Goldman Sachs asks: “Has a new bull market started?” Image: Goldman Sachs Global Investment Research
Small Caps – Russell 2000 Performance Relative to S&P 500 The small cap Russell 2000 index relative to the S&P 500 is at 18-year low. Image: Deutsche Bank Asset Allocation
Volatility – S&P 500 Daily % Range A lower volatility suggests a higher probability of a rising stock market. Image: The Daily Shot
S&P 500 & E-mini – Small Traders Small trader positioning is still bearish, which is historically bullish for the S&P 500. Image: Renaissance Macro Research