S&P 500 – Bull vs. Bear Signal Using Search Topics The spread between bullish and bearish search topics is very high. Bullish: call options, bull spreads, long, swing trading, leaps,… Bearish: put options, short, volatility, recession,… Image: Arbor Research & Trading LLC
VIX Index and S&P 500 Index VIX remains at high levels, despite the market rally. More volatility ahead? Image: Creduit Suisse
Average S&P 500 Performance Around U.S. Presidential Elections Since 1972 Market volatility is expected to continue ahead of the U.S. presidential election. Image: Nordea and Macrobond
Top 5 vs. S&P 500 ex-Top 5 – YoY Contribution of EPS and P/E to Returns The performance gap could widen further, as the top 5 largest stocks in the S&P 500 are superior on almost every financial metric (revenue, profit growth, margin structure, volatility and corporate leverage). Image: Credit Suisse Research
S&P 500 Performance Over Past 12 Months Although volatility has been high, the S&P 500 is little changed over the past 12 months. Image: CNBC
Interaction of S&P 500 and VIX In contrast to 2008, the current VIX and its lack of decline in recoveries suggest volatility in equities could persist. Image: Deutsche Bank
S&P 500 Average Daily Percentage Move: 1928-2020 The volatility has been unusual over the last five weeks, as the S&P 500’s average absolute daily percentage change has been +/-4.8%. Image: Bespoke Investment Group
Strategists’ S&P 500 Year-End Targets Despite the extreme volatility, the consensus year-end target for the S&P 500 is now 3,038. Image: CNBC
Performance of S&P 500 Index Around Global Health Emergencies Historically, market reactions to previous major health scares have shown short-term volatility, but no disruptions over an extended period of time. Image: Ned Davis Research
Presidential Election Years and S&P 500 Index Average Cumulative Returns This chart suggests that since 1932, volatility during primaries can produce strong returns. Image: Capital Group
S&P 500 vs. Hedge Fund Research Global Index Hedge funds have underperformed the S&P 500 this year, but volatility has been lower. Image: Financial Times