Top 5 Stocks % of S&P 500 Market Capitalization

Top 5 Stocks % of S&P 500 Market Capitalization Does the current concentration of the S&P 500 in the five largest stocks suggest a potential bull trap, particularly as it is more pronounced than during the dotcom bubble? Image: BofA Global Investment Strategy

S&P 500

S&P 500 Is this a new bull market or just a bull trap? Image: Morgan Stanley Research

S&P 500 in Real Terms

S&P 500 in Real Terms The S&P 500 deflated by U.S. CPI has retraced its entire COVID bull market. Image: BofA Global Investment Strategy

S&P 500 and % of Stocks at 20-Day High

S&P 500 and % of Stocks at 20-Day High Breadth thrusts can suggest the start of a potential new bull market. Image: Strategas Research Partners

S&P 500 and U.S. Recession

S&P 500 and U.S. Recession Historically, bull market peaks tend to occur 6 months before the start of a recession. Image: Credit Suisse Research