Earnings Growth – Mag 7 and S&P 500 ex-Mag 7 The Magnificent Seven are on pace for 38% earnings growth this year, versus 19% for the rest of the S&P 500. With tech momentum still…

Insider Transactions Ratio Corporate insiders are growing more cautious as the Insider Transactions Ratio slips back into bearish territory, with little appetite to step in and buy. Image: Barron’s

S&P 500 Company Guidance vs. Consensus Growth Expectations Into Earnings Seasons Consensus S&P 500 earnings growth heading into Q2 stands at 26.2%, a record for a pre-reporting period outside recession recoveries, driven in large part…

Revision to Consensus Hyperscaler Year/Year Capex Growth 2027 capex is still a moving target for hyperscalers. They look more likely to overshoot than undershoot on AI spending, which could keep AI-driven inflation stickier for longer.…

S&P 500 vs. Russell 2000 – YTD Change in Price, Earnings, and Valuation The S&P 500’s year-to-date total return has been driven entirely by earnings growth, while the Russell 2000’s advance has come roughly half…

S&P 500 Average Monthly Returns Since 1964 July has historically treated U.S. equities well, delivering average gains of 0.8% since 1964. If seasonality plays out again, bulls may have room to run through the summer…

ISM Manufacturing Index vs. S&P 500 Index U.S. manufacturing lost some steam in June, with the ISM Manufacturing Index slipping to 53.3, missing expectations of 54, but still marking a sixth straight month of expansion.…

S&P 500 Consensus Earnings Growth Expectations Analysts have rarely been this bullish on S&P 500 earnings heading into Q2 2026, a level typically seen only after recessions or at the start of a new cycle.…

Gross Proceeds from U.S. IPOs At midyear, 2026 has already matched 2021’s full-year record, with roughly $120 billion raised in U.S. IPOs. The window is wide open, but keeping that momentum through year-end will not…

Global Monetary Policy Stimulus and Global Manufacturing PMI The rebound in global growth has been the central macro story of 2026. But the tone is shifting, as firmer inflation brings rate hikes back into the…

Consensus Forward 12-Month S&P 500 EPS Positive earnings revisions have driven the S&P 500 higher this year, with gains coming without any lift in the forward P/E, reinforcing confidence. Earnings continue to do the heavy…