Average Gold Returns After Trading Certain Distances from 200-Day Moving Average Gold is currently 15% above the 200-day moving average, suggesting short-term bullish sentiment. However, historical trends indicate that investors should brace for potentially flat returns in the following 1 to 6 months after such extremes. Image: BofA Global Research
Number of Trading Days Since Last Fed Rate Cut The Fed’s recent decision to cut interest rates for the first time in four years, in response to changing economic conditions, marks the second-longest wait for such a reduction in history. Image: Morgan Stanley Wealth Management
Active Global Equity Fund Flows and % MSCI ACWI Members Trading Above 200-DMA Flows to active global equity funds correlate strongly with stock price dispersion. Higher dispersion creates more opportunities for active managers, especially in volatile markets, boosting investor interest and inflows. Image: BofA Global Investment Strategy
S&P 500 Performance After >25% Gain in 100 Trading Days An increase of 25% or more in the S&P 500 within 100 days (using the first signal in a cluster) suggests a positive outlook for the next 12 months, historically resulting in a median gain of 13.4% since 1950. Image: Carson Investment Research
Consecutive Trading Days of Inverted 10Y-2Y U.S. Treasury Yield Curve The anticipation of Fed easing is being driven by the aging of yield curve inversion. Market participants are expecting the Fed to cut rates in order to stimulate economic growth and prevent a potential recession. Image: Morgan Stanley Wealth Management
S&P 500 Performance When Up > 10% on Trading Day 218 When the S&P 500 is up more than 10% on the 218th trading day, a solid year-end rally is very likely. Image: Carson Investment Research
Consecutive Trading Days of Inverted 10Y-3M U.S. Treasury Yield Curve The inversion of the 10Y-3M UST yield curve typically reflects market expectations of slower economic growth and potentially lower interest rates in the future. Image: Morgan Stanley Wealth Management
Volatility – Percentage of Trading Days with VIX Above 20 91% of the trading days this year, the VIX Index has been above 20. Should U.S. equity investors remain cautious? Image: S&P Global Market Intelligence
% of S&P 500 Members Trading Above 50-Day Moving Average Short-term overbought, but more than 90% of stocks above the 50-day moving average is historically bullish. Image: The Daily Shot
Tech Stocks – Number of NASDAQ Composite Members Trading Above their 200-Day Moving Average The Nasdaq Composite is showing clear signs of weakness. Image: The Daily Shot
% of NYSE Stocks Trading Above Their 200-Day Moving Average Based on the percentage of NYSE stocks above their 200-day moving average, market breadth has weakened. Should investors be worried? Image: BCA Research