S&P 500 – Margin Debt Expansion vs. Contraction Margin debt has surged to concerning levels, entering a “danger zone”. A powerful signal of impending market turbulence is a downturn in this indicator, which has recently…
Foreign Investor Ownership Share of U.S. Equity Market Foreign investor holdings of U.S. stocks have reached an unprecedented 18%, setting a new record. However, upcoming trade policy shifts and global economic uncertainties could impact future…
ISABELNET Cartoon of the Day The S&P 500’s 0.51% increase last week hasn’t dampened bears’ endless pessimism. Meanwhile, bulls are too busy debating whether to invest in glitter or confetti for the next big rally!…
CTAs Exposure to Equities With CTA equity allocation at the 38th percentile, below the median level, this could be seen as a potentially bullish signal for equities. It suggests room for increased buying if sentiment…
Foreign Ownership of U.S. Equities by Region European investors, major holders of U.S. stocks, could impact valuations if trade tensions rise, potentially shifting focus to European markets benefiting from fiscal stimulus and increased defense spending.…
S&P 500 Annualized Return per Day The S&P 500 has been up the past four Fridays, a trend that is particularly encouraging as it indicates sustained investor optimism and confidence in maintaining positions over the…
Valuation – Magnificent Seven Forward P/E Despite their market dominance, the Magnificent Seven stocks have experienced a significant decline, now trading at a collective P/E ratio of 25x. Image: Goldman Sachs Global Investment Research
Valuation – S&P 500 Forward P/E At a forward P/E multiple of 20x, the S&P 500 is trading at the low end of the trading range, which is below its 12-month average of 21x. Image:…
Aggregate Financial Asset Allocation Among Households, Mutual Funds, Pension Funds, and Foreign Investors With investor allocation to equities at an all-time high, the market faces increased vulnerability to volatility and substantial losses, especially in the…
ISABELNET Cartoon of the Day Bulls ran wild on Wall Street after the S&P 500’s meteoric 0.51% rise this week, prompting calls for a new economic era, while bears are desperately Googling “how to sell…
ACWI Ex-U.S. vs. U.S. 3-Month Correlation and U.S. Equity 3-Month Return When U.S. equities experience a sell-off, it often indicates underlying worries about the global economy or financial system, triggering risk aversion. This typically leads…