Coronavirus Momentum

Coronavirus Momentum This chart suggests that the coronavirus momentum may fade next week, as the daily new coronavirus cases outside of China resemble the Chinese outbreak with a lag of one month. Image: Nordea and Macrobond

Momentum Signal Across Asset Classes

Momentum Signal Across Asset Classes Momentum signals across all asset classes have flipped to extreme risk-off. Image: Deutsche Bank Asset Allocation

Momentum to Value Rotation

Momentum to Value Rotation The rotation into value suggests a rebound in global economic growth, not a recession. Image: BofA Merrill Lynch US Equity & US Quant Strategy

Correlation Between Value and Momentum

Correlation Between Value and Momentum The correlation between value and momentum is near record lows. Below this level, value outperformed momentum over the next 250 days (77% of the time) since 1986. Image: BofA Merrill Lynch US Equity & US Quant Strategy

Valuation – Value vs. Momentum Stocks

Valuation – Value vs. Momentum Stocks Chart suggesting that value stocks are currently very cheap vs. momentum stocks. The relative forward P/E of value vs. momentum is at two standard deviations below the average. Image: BofA Merrill Lynch US Equity & Quant Strategy

Performance – S&P 500 vs. Stoxx Europe 600

Performance – S&P 500 vs. Stoxx Europe 600 European stocks are delivering robust gains relative to the U.S. this quarter, but sustaining this momentum through year-end remains uncertain given past trends. Image: Bloomberg

S&P 500 Weekly Announced Buybacks

S&P 500 Weekly Announced Buybacks U.S. share buyback announcements are showing strong momentum this earnings season, reflecting companies’ confidence in their financial positions and commitment to delivering shareholder value. Image: Deutsche Bank Asset Allocation

January Barometer – S&P 500 Price Return

January Barometer – S&P 500 Price Return Momentum often snowballs, regardless of timing. Bulls are smiling as a bullish January performance often sets a positive tone for the entire year in the U.S. stock market. Image: Fidelity Investments

Nasdaq 100 – Consecutive Trading Sessions Above 200-Day Moving Average

Nasdaq 100 – Consecutive Trading Sessions Above 200-Day Moving Average The Nasdaq 100 has been trading above its 200-day moving average for 467 consecutive sessions, indicating a strong bullish trend that reflects sustained investor confidence and momentum in technology stocks. Image: Bloomberg