Stocks – GRANOLAS vs. NASDAQ Europe does not have the FAAMG, but it has the GRANOLAS (Glaxosmithkline, Roche, ASML, Nestle, Novartis, Novo Nordisk, L’Oreal, LVMH, Astrazeneca, SAP and Sanofi). Image: Goldman Sachs Global Investment Research
Relative Valuation: Small Caps vs. Nasdaq 100 Index The relative valuation today suggests that small caps should lead the Nasdaq 100 over the next decade. Image: Morgan Stanley
Trend for Nasdaq vs. S&P 500 The trend for Nasdaq vs. S&P 500 hit the highest level since the dotcom bubble, as investors have favored growth stocks. Image: BofA Global Research
Bubbles – Bitcoin, Nasdaq, Gold, U.S. Housing, Commodities, Nikkei Detecting and measuring asset bubbles is not an easy task. This chart puts things into perspective. Image: J.P. Morgan
U.S. Stock Market: Nasdaq Rally Chart suggesting that the current Nasdaq rally isn’t a replay of the dotcom bubble Images: CNBC
Bitcoin vs. Nasdaq This chart highlights the similarities between Bitcoin price movements and Nasdaq during the dotcom bubble. Image: Morgan Stanley Research
Nasdaq 100 and S&P 500 Seasonality The Nasdaq 100 and S&P 500 seasonality chart from 1985 to 2018 (excluding 2008). This is not a forecast. Image: Goldman Sachs
U.S. Earnings Revision The earnings revision ratio is showing an improving trend for small and large caps, while it is trending down for the Nasdaq 100. This divergence in earnings revisions could reflect changing market dynamics. Image: BofA US Equity & Quant Strategy
Total Return Performance of Major Global Financial Assets Over Last 15 Years Over the last 15 years, the Nasdaq has experienced a significant increase in value, with a staggering rise of 647%, while the S&P 500 has also seen notable growth, albeit to a lesser extent, with an increase of 396%. Image: Deutsche Bank
2020 Returns by Market and Factors Despite the recent pullback, the Nasdaq is up nearly 19% YTD. Image: J.P. Morgan