Median 2-Week S&P 500 Returns October has been kind to the S&P 500 so far. After a strong first half, stocks may have more room to climb: historically, the second half of October tends to…

Oil Prices Forecasts Oil prices eased in Q3 but remain high. For S&P 500 companies, the earnings hit is usually modest, as they pass on higher costs and cut spending. Image: Deutsche Bank Asset Allocation

S&P 500 Performance 1-Year After Midterm Elections Midterm elections have been a reliable tailwind for stocks: the S&P 500 has risen over the following year every time since 1950, averaging a 14.8% gain. No doubt,…

S&P 500 Quarterly Earnings Growth S&P 500 earnings are expected to grow 34% year over year in Q3, a pace more typical of the early stages of an economic recovery. Image: Deutsche Bank Asset Allocation

Market Breadth – Percent Below 52-Week High S&P 500 Index Less Median Stock The S&P 500 is setting record highs, but market breadth is still deteriorating. The median stock now trades 16% below its peak,…

U.S. Share Buyback Authorization Announcements AI spending is grabbing attention, but buybacks are fueling the rally on Wall Street. U.S. companies have authorized a record $1.141 trillion in repurchases this year, providing strong support for…

S&P 500 – Length of Bull Markets and When They Started Born in October 2022, this bull market is now four years old. Bulls are smiling: over the past 50 years, every bull market to…

Sentiment Indicator and Stock Positioning Goldman Sachs’ U.S. Equity Sentiment Indicator has slipped to -1.3. Historically, similar readings have been followed by an average 2.0% gain for the S&P 500 over the next month. Image:…

S&P 500 vs. Its Seasonal Pattern The equal-weighted S&P 500 has followed the seasonal script closely, rebounding from its lows almost in step with the S&P 500’s typical pattern. Seasonality is now a tailwind for…

Performance – MCG & Tech Ratio to the Rest of the S&P 500 After rebounding from the bottom of its long-term trend channel, the relative performance of MCG & Tech has approached levels that have…

MCG & Tech vs. The Rest Earnings Growth Tech earnings are expected to surge in the third quarter, but even that may not be enough to lift the sector in the near term. Earnings expectations…