Correlation Between AAII Bull-Bear Spread and S&P 500 Returns The AAII bull-bear spread may not necessarily be a reliable predictor of future S&P 500 returns. Image: BofA US Equity & Quant Strategy
S&P 500 EPS Revisions Sentiment S&P 500 earnings revision sentiment is currently pointing to a hard landing. Could the market experience a downturn in the near future? Image: Goldman Sachs Global Investment Research
Individual Investors Activity in Options – S&P 500 Options and Top 50 Options Options trading activity among individual investors remains elevated. Does it suggest a future market meltdown? Image: Goldman Sachs Global Investment Research
AAII Bull/Bear Survey – S&P 500 Return Following Sentiment Extremes Elevated sentiment like today suggests lower future returns. Image: Richardson Wealth
S&P 500 – 10-Year Annualized Real Returns Returns tend to be cyclical. Buying the S&P 500 at high valuations has led to poor future returns. Image: Real Investment Advice
Estimated S&P 500 Earnings Impact of Biden Policies Chart suggesting that there are both upside and downside risks to future S&P 500 earnings. Image: Goldman Sachs Global Investment Research
Health Care Sector Excess Returns vs. S&P 500 Around U.S. Presidential Elections The health care sector tends to underperform through U.S. presidential elections, due to uncertainty about future government policy. Image: Goldman Sachs Global Investment Research
Number of Times S&P 500 Fell 7% and Hit a Circuit Breaker U.S. futures and U.S. stocks have hit multiple level-one circuit breakers this year. Image: Deutsche Bank Global Research
S&P 500 Earnings and U.S. Capital Spending This chart shows that U.S. core capital spending is near a 20-year high. Are fears that U.S. companies may be curtailing spending plans overblown? The absence of dividend cuts also suggests that U.S. companies are confident in their future earnings potential. Image: The Leuthold Group
Spread Between 10-ROC of S&P 500 and Treasury Bonds This interesting chart shows a 10 trading day rate-of-change (ROC) for the SP500 and for near-month Treasury bond futures prices. A price low is forming now. Image: McClellan Financial Publications, Inc.
S&P 500 PE Level vs. Average 12-month Return The chart shows how market valuation affects future equity returns since 1930. You may also like “Why the Stock Market Valuation Matters Before a Recession?“ Image: Richardson Wealth