S&P 500 Stocks Net Call Volume The surge in call option activity for mega-cap growth, tech, and defensive stocks indicates ongoing bullish sentiment, while also hinting at possible market shifts ahead. Image: Deutsche Bank Asset Allocation
Consumer Confidence Composite and S&P 500 While the U.S. stock market has experienced a remarkable rally, consumer confidence has waned since 2019, underscoring a disconnect between financial market performance and broader economic sentiment. Image: Real Investment Advice
U.S. Economic Surprise Index An increasing Economic Surprise Index not only signals improving economic conditions but also plays a pivotal role in enhancing investor sentiment, which can subsequently drive growth in equity markets. Image: Goldman Sachs Global Investment Research
Volatility – U.S. Options Expiration The expiration of $2.9tn in options notional may lead to increased market volatility and price movements, driven by heightened trading activity, shifts in trader sentiment, and the mechanics in option exercise and settlement. Image: Goldman Sachs Global Investment Research
Hedge Fund Gross Leverage While the trend shows a reduction in equity exposure from hedge funds ahead of the U.S. election, the outlook post-election appears optimistic, with expectations of a market rebound as investor sentiment improves. Image: Goldman Sachs Global Investment Research
Cumulative Advance-Decline Line for the S&P 500 Index The S&P 500 advance-decline line is a crucial indicator of market trends and sentiment. An all-time high typically indicates favorable news for the U.S. stock market. Image: Morgan Stanley Research
S&P 500 and Odds of Winning U.S. Presidential Election The rising odds for Trump in prediction markets have been closely tied to an upswing in S&P 500 prices, reflecting investor sentiment that aligns with potential changes in economic policy should he win the election. Image: Morgan Stanley Research
S&P 500 Advance-Decline Line The S&P 500 advance-decline line serves as an essential indicator of market trends and sentiment. When it hits an all-time high, it typically signals positive news for the U.S. stock market. Image: BofA Global Research
S&P 500 Aggregate Earnings Beat Earnings beats for the S&P 500 in Q3 2024 are anticipated to align with the historical average, contributing to overall market optimism and investor sentiment. Image: Deutsche Bank Asset Allocation
High-Yield (HY) Spread USD Goldman Sachs forecasts a favorable high-yield bond market over the next 12 months, anticipating tighter spreads as a result of robust economic conditions and optimistic investor sentiment. Image: Goldman Sachs Global Investment Research
Sector Composition of the S&P 500 by Equity Capitalization The market capitalization of sectors within the S&P 500 reflects the market’s changing landscape, driven by economic conditions and investor sentiment, leading to fluctuations in sector performance over time. Image: Goldman Sachs Global Investment Research