Join ProShares Global Investment Strategist Simeon Hyman and team for a discussion on how consistent share repurchases may reflect important characteristics of a company.
Valid until the market close on June 30, 2026
This article provides an update on the monthly moving averages we track for the S&P 500 and the Ivy Portfolio after the close of the last business day of the month.
Building on the last week's strength, the S&P 500 rose every day this week and set multiple new record highs. With a 1.6% weekly increase, the index secured its ninth straight weekly gain, matching its longest winning streak from 2023.
The Conference Board's Consumer Confidence Index® fell for the first time in four months in May, dropping 0.7 points to 93.1. Despite the slight dip, the index came in above the forecast of 91.9.
US stocks advanced as investors struck an upbeat tone ahead of a long holiday weekend, with optimism fueled by hopes for resolution of hostilities in the Middle East, resilient economic data and relentless enthusiasm for artificial intelligence-linked trades.
Margin debt rose for the first time in three months to a record high in April, coming in at $1.30 trillion. This marked a 6.8% increase from March and a 53.3% rise compared to the previous year.
Dividends have historically been the dominant method by which companies returned capital to shareholders. Share repurchases have only recently surpassed cash dividends as the primary form of corporate payout in the United States. Investor interest in buyback strategies has grown rapidly as a result.
The S&P 500 real monthly averages of daily closes reached a its all-time high in January 2026. Let's examine the past to broaden our understanding of the range of historical bull and bear market trends in market performance.
Here is a look at real (inflation-adjusted) charts of the S&P 500, Dow 30, and Nasdaq composite since their 2000 highs. We've updated this through the April 2026 close.
Here's an interesting set of charts that will especially resonate with those of us who follow economic and market cycles. Imagine that five years ago you invested $10,000 in the S&P 500. How much would it be worth today, with dividends reinvested but adjusted for inflation?
Following the Q1 GDP advance estimate, the 'Buffett Indicator'—the ratio of corporate equities to GDP—now stands at 229.5%. This marks the second-highest reading in history, eclipsed only by the previous quarter."
Our monthly market valuation updates have long had the same conclusion: US stock indexes are significantly overvalued, which suggests cautious expectations for investment returns. This analysis focuses on the P/E10 ratio, key indicator of market valuation, and its correlation with inflation and the 10-year Treasury yield.
Here is a summary of the four market valuation indicators we update on a monthly basis.
The Q Ratio is the total price of the market divided by the replacement cost of all its companies. As of April 2026, the latest Q-ratio is at 2.07, the highest level in history.
Here is the latest update of a popular market valuation method, Price-to-Earnings (P/E) ratio, using the most recent Standard & Poor's "as reported" earnings and earnings estimates, and the index monthly average of daily closes for the past month. The latest trailing twelve months (TTM) P/E ratio is 24.8 and the latest P/E10 ratio is 37.9.
The inflation-adjusted S&P Composite Index was 191% above its long-term trend at the end of April.
While the ETF leaderboard continues to be dominated by S&P 500 index-based products, there are many other success stories that are likely being missed. There are now more than 5,100 products for advisors, investors, and even analysts to keep up with. Let’s take a look at some funds that have sprouted in just the last few months.
After a 9.1% drawdown, the S&P 500 surged 11% over the last 12 trading days to a new record high, breaking above the 7,000 level for the first time.
The S&P 500 Index is on track to close at its first record since January, as traders bid up stocks amid optimism over the ceasefire between the US and Iran and robust corporate fundamentals.
Over the last few weeks, we have published real-time market commentary as the correction proceeded. The goal was to help investors navigate the more dire outcomes promoted on social media. A largely unexpected outcome was that the S&P 500 outlook changed dramatically in a matter of days.
Accelerating earnings are protecting the S&P 500 from deeper losses and masking a broader pullback in US equities, according to strategists at Morgan Stanley.
Tech megacaps entered a correction, oil prices broke out, big-money funds retreated and small-lot investors showed waning conviction in buying the dip. While the war in Iran that triggered all that didn’t end a three-year bull run in US equities, it is shaking it to its core.
In this second installment of our series, Chuck Carnevale, co-founder of FAST Graphs and widely known as Mr. Valuation, takes a deeper dive into the S&P 500 to demonstrate how investors can uncover potential opportunities within an otherwise expensive market.
One of the most common questions investors ask is simple: “How’s the market?” After more than 50 years in the investment industry, this is a question that comes up constantly. But the truth is, the question itself is somewhat misleading.
US stocks opened lower as risk-off sentiment swept through markets and fintech Block Inc.’s massive layoffs fanned angst that artificial-intelligence is poised to upend broad sections of the economy.
In a notable shift for the start of 2026, the S&P 500 is experiencing a divergence in factor performance. Typically, high beta (aggressive, high-risk) and low volatility (defensive, safe-haven) factors sit on opposite sides of the seesaw. When one goes up, the other usually comes down.
US equities rose Wednesday as a batch of reports confirming the strength of the American economy and a number of developments at the Big Tech giants reignited Wall Street’s excitement for the group.
The fund’s outperformance comes as investors debate whether market leadership will broaden beyond mega-cap technology names. While passive index funds must hold all constituents regardless of fundamentals, CNEQ’s structure enables its portfolio manager to concentrate capital in companies they believe are showing accelerating growth.
The S&P 500 Index is in the midst of a tug-of-war. Companies are beating earnings per share estimates by significant margins and are set to deliver impressive 12% growth this reporting season.
After rising to its highest level in four years during the last quarter of 2024, the Late Earnings Report Index, our proprietary measure of CEO uncertainty, has now recorded five consecutive quarterly readings below the historical benchmark as companies prepare to report their Q4 results.
As the S&P 500 continues its record-breaking ascent into early 2026, financial advisors are prioritizing diversification.
For the third consecutive year – and sixth among the past seven – the S&P 500 tallied double-digit gains – a remarkable run. As the index climbed 16.39% for the year, it also recorded 38 new record highs.
A plan-based benchmark changes the advisor’s role from portfolio reporter to progress partner. Instead of reviewing performance against a market index, the discussion can focus on metrics such as cash flow resilience, adherence to the risk budget, and after-tax outcomes.
US initial public offerings delivered underwhelming results in 2025 as equity-market volatility and increasing scrutiny around themes such as crypto and artificial intelligence hit some of the year’s most high-profile listings.
The S&P 500 Index edged higher to start Friday, recovering some of the losses caused by recent concerns over stretched valuations and a potential AI bubble. The recovery was supported by remarks from Federal Reserve Bank of New York President John Williams, who suggested there is room to lower interest rates soon. These comments immediately boosted market expectations for a December rate cut.
US stocks sank, putting the S&P 500 Index on track for its longest slide since August, as a six-month rally shows signs of cracking following a $1.2 trillion selloff in cryptocurrencies and amid fears around stretched artificial-intelligence valuations.
Q3 Earnings growth continues to improve, with 64% of constituents reporting thus far, S&P 500® EPS growth for Q3 2025 accelerated to 10.7%
This video examines the stock market's long-term behavior by looking at the inflation-adjusted S&P Composite Index's history using regression analysis with data through October 2025
Equity bulls are lining up to wager the S&P 500 will surge past 7,000 now that it looks as if a seasonal bout of volatility has passed.
Americans place a premium on elite and exclusive institutions. Many of us want to get into top-tier universities, pledge storied fraternities and, upon graduation, attain membership at Soho House.
Wall Street strategists have a warning for dip buyers tempted by Friday’s rout in US stocks: There could be more pain ahead, even as China and the United States are signaling openness to trade talks.
The rip-roaring rebound in US stocks from the brink of a bear market six months ago will go down in history for its speed and resilience. And bulls expecting the good times to continue have history on their side.
On this episode of the “ETF of the Week” podcast, VettaFi’s Head of Research, Todd Rosenbluth, discusses the Calamos Laddered S&P 500 Structured Alt Protection ETF (CPSL) with Chuck Jaffe of Money Life. The pair discusses several topics related to the fund to give investors a deeper understanding of the ETF.
Always intense, the perennial debate over whether equities are too richly valued has become even more fervent of late.
Stock bulls looking for the next hot Wall Street trade are increasingly turning to the busiest corner of the US market this year — initial public offerings.
Sell-side strategists, who have rushed to upgrade their stock targets ever since the market rebounded from its early-year slide, keep underestimating the rally’s strength.
A $15 trillion rally in US stocks from April lows took a breather at the start of a week that will bring a handful of Federal Reserve speakers and a key inflation measure.
The S&P 500 is often recommended as the default choice for individual investors. While it has delivered strong long-term results, today’s valuations and concentration raise important questions about whether it suits every investor’s goals.
US equities powered to fresh highs on Monday at the start of a high-stakes week for financial markets, with the Federal Reserve largely expected to resume its interest-rate cutting.
The third Friday in September is a special day in the financial-market calendar. It’s one of the four days a year the S&P 500 index gets rebalanced. With over $10 trillion of assets passively tracking it, the exercise will affect markets and investors in every corner of the world.
There are many ways to describe the strong performance in large cap US stock prices this year. You could simply call it a bull market, with the S&P 500 total return index up 31.2% since its low in early April and up 11.5% year-to-date.
Is the U.S. economy “all twisted up in the game” with the S&P 500 Index dominated by technology/AI stocks? How much is investor confidence affecting consumer confidence? How much has the increase in financial advice and advisors been fed by the success of this stock market?
As the specter of stagflation ripples through equity markets, investors are zeroing in on the upcoming consumer inflation report to see how close the dire economic scenario is to becoming a reality.
The popularity of direct indexing has grown significantly since the pandemic, with no signs of easing.
A solid earnings season shows Corporate America’s profit engine is humming along, potentially easing worries that the record-setting rally in US stocks is starting to overheat.
Jack Dorsey’s Block Inc. joins the coveted S&P 500 on Wednesday, a symbolic milestone that puts the digital finance firm — pursuing everything from mobile banking to Bitcoin mining — under Wall Street’s spotlight.
Wall Street’s latest tax dodge doesn’t hide in the Cayman Islands or rely on complex derivatives.
Wall Street’s latest tax dodge doesn’t hide in the Cayman Islands or rely on complex derivatives. It’s engineered to turn a publicly traded fund into a tax-minimizing machine that hums quietly on autopilot.
Investors may be tempted to imagine how much higher the S&P 500 Index would be if three of its most influential stocks weren’t lagging behind.
Stocks are wrapping up a stellar quarter at all-time highs amid signs of progress in US trade talks while hopes the Federal Reserve will resume its rate cuts drove Treasuries toward their biggest first-half stretch in five years. The dollar eyed its longest monthly slide since 2017.
US stocks climbed Thursday, ending the day on the cusp of a record as optimism around potential rate cuts stoked risk-on sentiment across financial markets.
VettaFi’s Head of Research Todd Rosenbluth discussed the Invesco S&P 500 Momentum ETF (SPMO) on this week’s “ETF of the Week” podcast with Chuck Jaffe of “Money Life.”
Unlike most other US public retirement plans of its size, the Tampa Fire & Police Pension Fund doesn’t invest in hedge funds, private equity or private credit.
Analysts at firms including Barclays Plc and JPMorgan Chase & Co. see further upside for US stocks, in part because they expect institutional investors to abandon their cautious stance and ramp up exposure to equities.
f you are wondering why the S&P 500 Index has held up so well in the past two months, look no further than the technology and communications sectors, which collectively account for nearly half of the index by weighting.
One of the biggest stories in the ETF market in 2025 has been the nonstop impressive asset-gathering pace of the Vanguard S&P 500 ETF (VOO).
US stocks delivered their second-best weekly gain of the year on Friday, as Big Tech fueled a rally that brought the S&P 500 Index closer to an all-time high set nearly three months ago.
In this video – Part 2 – Extreme Risk of High Valuation – Chuck Carnevale, Co-Founder of FAST Graphs, aka Mr. Valuation discusses the volatility of the stock market, using the S&P 500 (SPY) as a proxy.
Explore the performance journey of the S&P 500, Nasdaq, and Dow Jones since their peaks in 2000. This video analyzes how these key U.S. stock market indexes have navigated over two decades of economic shifts and technological change, revealing their distinct paths through April 2025.
In this video, Chuck Carnevale, Co-Founder of FAST Graphs, aka Mr. Valuation discusses the volatility of the stock market, the truth about the S&P 500’s valuation, using the S&P 500 (SPY) as a proxy.
US equity investors will be watching closely as trade talks kick off between the Trump administration and China, with trillions of dollars hanging in the balance for American companies.
This video provides an update on the monthly moving averages we track for the S&P 500 and the Ivy Portfolio after the close of the last business day of the month.
US equities extended a rebound into a third session Tuesday as traders weighed the ongoing global trade war against a slew of positive earnings reports from Wall Street banks.
President Donald Trump’s trade war has US stocks on track to enter their first bear market since the Covid pandemic.
President Donald Trump’s new reciprocal tariff policy is straightforwardly bad for the US economy and markets. The only conceivable reason that the S&P 500 Index was down just 4% on Thursday is that investors still don’t believe it will stick. Unfortunately, there’s no quick way out of this quagmire.
In 2024, the S&P 500 delivered a total return of 25%, while gold finished the year up 27%. This marks the first time in recent financial history in which gold and stocks achieved gains exceeding 25% within the same calendar year.
The US stock market is on edge. The S&P 500’s recent 10% correction has investors worried, though a highly uncertain policy environment and an unusually top-heavy market obscure just what is spooking stocks.
A chorus of Wall Street strategists is warning about rising volatility in the stock market, with Morgan Stanley’s Michael Wilson the latest to sound the alarm on slumping economic growth amid President Donald Trump’s trade wars.
US stocks have been on a wild ride this week, and options traders expect more of that to come as traders assess the latest tariff developments and brace for Friday’s monthly jobs report.
In the second half of 2024 the risk premia associated with inflation releases declined relative to labor market data as the Fed shifted focus toward labor market and away from inflation risk. With elevated S&P 500 Index concentration and the market leadership of the artificial intelligence (AI) theme, some single company earnings (NVIDIA) have been rising risk events for the entire index.
If you’re looking to a popular stock market tracker like the S&P 500 Index to gauge the effect of President Donald Trump’s proposed tariffs, don’t. It’s likely to be insulated from much of the fallout and therefore fail to reflect the true impact on US businesses.
The Ivy Portfolio is based on the asset allocation strategy used by endowment funds from Harvard and Yale. It is an equally weighted portfolio constructed with 5 ETFs that feature a mix of different asset classes. By allocating across different asset classes, diversification is achieved, and risk is reduced.
Last week, DeepSeek’s emergence as an AI threat wiped half a trillion dollars of value off Nvidia Corp. Last night, Alphabet Inc.’s disappointing earnings sparked questions about its capital expenditures and put its stock on pace for the worst drop in more than a year.
In the report, Portfolio Managers Andy Acker and Dan Lyons explain the reasons for healthcare’s recent underperformance and why they believe valuations are now disconnected from the sector’s long-term prospects.
The world’s biggest stock market is heading for its best start for a new US president since Ronald Reagan was sworn in to power in 1985.
A seemingly unstoppable flood of money has Vanguard Group Inc. on the brink of claiming a crown that State Street Corp. has held for decades.
This article provides the Beaumont Capital Management Q4 2024 Market and Strategy Commentary - Decathlon Strategies.
2024 was characterized by megacap dominance, with the S&P 500 reaching new all-time highs and gaining roughly 25%. Megacap leadership resulted in the largest companies growing their share of the index. As of this writing, the top seven stocks in the S&P 500 make up 34% of the S&P 500.
Energy is the star sector of the S&P 500 Index in the early days of 2025, shaking off two consecutive years when it was a market laggard, and gaining despite Wall Street’s dim outlook for oil and gas stocks.
S&P 500
The S&P 500 Buyback Aristocrats: Quality Through Consistency
Join ProShares Global Investment Strategist Simeon Hyman and team for a discussion on how consistent share repurchases may reflect important characteristics of a company.
Moving Averages of the Ivy Portfolio and S&P 500: May 2026
Valid until the market close on June 30, 2026
This article provides an update on the monthly moving averages we track for the S&P 500 and the Ivy Portfolio after the close of the last business day of the month.
S&P 500 Snapshot: Win Streak Continues with Multiple Record Highs
Building on the last week's strength, the S&P 500 rose every day this week and set multiple new record highs. With a 1.6% weekly increase, the index secured its ninth straight weekly gain, matching its longest winning streak from 2023.
Consumer Confidence Dipped in May as Inflation Intensifies
The Conference Board's Consumer Confidence Index® fell for the first time in four months in May, dropping 0.7 points to 93.1. Despite the slight dip, the index came in above the forecast of 91.9.
AI-Fueled Rally Puts S&P 500 on Track for Eighth Weekly Gain
US stocks advanced as investors struck an upbeat tone ahead of a long holiday weekend, with optimism fueled by hopes for resolution of hostilities in the Middle East, resilient economic data and relentless enthusiasm for artificial intelligence-linked trades.
Margin Debt Up 6.8% in April to a Record High
Margin debt rose for the first time in three months to a record high in April, coming in at $1.30 trillion. This marked a 6.8% increase from March and a 53.3% rise compared to the previous year.
Introducing BUYB: The S&P 500 Buyback Aristocrats
Dividends have historically been the dominant method by which companies returned capital to shareholders. Share repurchases have only recently surpassed cash dividends as the primary form of corporate payout in the United States. Investor interest in buyback strategies has grown rapidly as a result.
Secular Bull and Bear Market Trends: April 2026
The S&P 500 real monthly averages of daily closes reached a its all-time high in January 2026. Let's examine the past to broaden our understanding of the range of historical bull and bear market trends in market performance.
The S&P 500, Dow, and Nasdaq: Real Returns Since the 2000 Peak (April 2026)
Here is a look at real (inflation-adjusted) charts of the S&P 500, Dow 30, and Nasdaq composite since their 2000 highs. We've updated this through the April 2026 close.
The Total Return Roller Coaster: April 2026
Here's an interesting set of charts that will especially resonate with those of us who follow economic and market cycles. Imagine that five years ago you invested $10,000 in the S&P 500. How much would it be worth today, with dividends reinvested but adjusted for inflation?
Buffett Valuation Indicator: April 2026
Following the Q1 GDP advance estimate, the 'Buffett Indicator'—the ratio of corporate equities to GDP—now stands at 229.5%. This marks the second-highest reading in history, eclipsed only by the previous quarter."
Market Valuation, Inflation and Treasury Yields - April 2026
Our monthly market valuation updates have long had the same conclusion: US stock indexes are significantly overvalued, which suggests cautious expectations for investment returns. This analysis focuses on the P/E10 ratio, key indicator of market valuation, and its correlation with inflation and the 10-year Treasury yield.
Market Valuation: Is the Market Still Overvalued?
Here is a summary of the four market valuation indicators we update on a monthly basis.
Q-Ratio and Market Valuation: April 2026
The Q Ratio is the total price of the market divided by the replacement cost of all its companies. As of April 2026, the latest Q-ratio is at 2.07, the highest level in history.
P/E10 and Market Valuation: April 2026
Here is the latest update of a popular market valuation method, Price-to-Earnings (P/E) ratio, using the most recent Standard & Poor's "as reported" earnings and earnings estimates, and the index monthly average of daily closes for the past month. The latest trailing twelve months (TTM) P/E ratio is 24.8 and the latest P/E10 ratio is 37.9.
Regression to Trend: S&P Composite 191% Above Trend in April
The inflation-adjusted S&P Composite Index was 191% above its long-term trend at the end of April.
The ETF Growth Spurt: Looking Past the S&P 500 Giants
While the ETF leaderboard continues to be dominated by S&P 500 index-based products, there are many other success stories that are likely being missed. There are now more than 5,100 products for advisors, investors, and even analysts to keep up with. Let’s take a look at some funds that have sprouted in just the last few months.
After S&P 500 Surge, Five Factors That Could Influence Markets
After a 9.1% drawdown, the S&P 500 surged 11% over the last 12 trading days to a new record high, breaking above the 7,000 level for the first time.
S&P 500 on Pace for Record Close as Ceasefire Rally Continues
The S&P 500 Index is on track to close at its first record since January, as traders bid up stocks amid optimism over the ceasefire between the US and Iran and robust corporate fundamentals.
S&P 500 Outlook: The 8.2% Rally & What Comes Next
Over the last few weeks, we have published real-time market commentary as the correction proceeded. The goal was to help investors navigate the more dire outcomes promoted on social media. A largely unexpected outcome was that the S&P 500 outlook changed dramatically in a matter of days.
Morgan Stanley Says Earnings Shield S&P 500 From Iran War
Accelerating earnings are protecting the S&P 500 from deeper losses and masking a broader pullback in US equities, according to strategists at Morgan Stanley.
Wild Charts Show Pain Points in S&P 500’s Worst Month Since 2022
Tech megacaps entered a correction, oil prices broke out, big-money funds retreated and small-lot investors showed waning conviction in buying the dip. While the war in Iran that triggered all that didn’t end a three-year bull run in US equities, it is shaking it to its core.
Undervalued S&P 500 Stocks For Growth & Income, or Both (Part 2)
In this second installment of our series, Chuck Carnevale, co-founder of FAST Graphs and widely known as Mr. Valuation, takes a deeper dive into the S&P 500 to demonstrate how investors can uncover potential opportunities within an otherwise expensive market.
Mining the Overvalued S&P 500 for Undervalued Gold Mines (Part 1)
One of the most common questions investors ask is simple: “How’s the market?” After more than 50 years in the investment industry, this is a question that comes up constantly. But the truth is, the question itself is somewhat misleading.
S&P 500 Falls as Risk Off Prevails, Block Cuts Spur AI Anxiety
US stocks opened lower as risk-off sentiment swept through markets and fintech Block Inc.’s massive layoffs fanned angst that artificial-intelligence is poised to upend broad sections of the economy.
Navigating the Unusual Twist in S&P 500 Factor Correlation
In a notable shift for the start of 2026, the S&P 500 is experiencing a divergence in factor performance. Typically, high beta (aggressive, high-risk) and low volatility (defensive, safe-haven) factors sit on opposite sides of the seesaw. When one goes up, the other usually comes down.
S&P 500 Advances As AI Jitters Ease, Data Shows Strong Economy
US equities rose Wednesday as a batch of reports confirming the strength of the American economy and a number of developments at the Big Tech giants reignited Wall Street’s excitement for the group.
Concentrated ETF Bests S&P 500 With Active Stock Picks
The fund’s outperformance comes as investors debate whether market leadership will broaden beyond mega-cap technology names. While passive index funds must hold all constituents regardless of fundamentals, CNEQ’s structure enables its portfolio manager to concentrate capital in companies they believe are showing accelerating growth.
Why Is the S&P 500's Next Big Target So Elusive?
The S&P 500 Index is in the midst of a tug-of-war. Companies are beating earnings per share estimates by significant margins and are set to deliver impressive 12% growth this reporting season.
Did the Banks Just Set the Stage for Another Quarter of Double-Digit S&P 500 EPS Growth?
After rising to its highest level in four years during the last quarter of 2024, the Late Earnings Report Index, our proprietary measure of CEO uncertainty, has now recorded five consecutive quarterly readings below the historical benchmark as companies prepare to report their Q4 results.
Seeking Diversification as the S&P 500 Nears 7,000
As the S&P 500 continues its record-breaking ascent into early 2026, financial advisors are prioritizing diversification.
S&P 500 Tallies Double-Digit Gains in 2025
For the third consecutive year – and sixth among the past seven – the S&P 500 tallied double-digit gains – a remarkable run. As the index climbed 16.39% for the year, it also recorded 38 new record highs.
The Real Benchmark Isn’t the S&P 500. It’s Your Client’s Plan.
A plan-based benchmark changes the advisor’s role from portfolio reporter to progress partner. Instead of reviewing performance against a market index, the discussion can focus on metrics such as cash flow resilience, adherence to the risk budget, and after-tax outcomes.
US IPO Performance Lags S&P 500 in 2025 as Crypto, AI Deals Sink
US initial public offerings delivered underwhelming results in 2025 as equity-market volatility and increasing scrutiny around themes such as crypto and artificial intelligence hit some of the year’s most high-profile listings.
S&P 500 Steadies as Alphabet Rises Amid Revived Fed-Cut Bets
The S&P 500 Index edged higher to start Friday, recovering some of the losses caused by recent concerns over stretched valuations and a potential AI bubble. The recovery was supported by remarks from Federal Reserve Bank of New York President John Williams, who suggested there is room to lower interest rates soon. These comments immediately boosted market expectations for a December rate cut.
S&P 500 Eyes Longest Losing Run Since August on AI, Crypto Fears
US stocks sank, putting the S&P 500 Index on track for its longest slide since August, as a six-month rally shows signs of cracking following a $1.2 trillion selloff in cryptocurrencies and amid fears around stretched artificial-intelligence valuations.
At the Halfway Mark S&P 500 Earnings Defy Headwinds as Tech & Health Care Deliver Strong Q3
Q3 Earnings growth continues to improve, with 64% of constituents reporting thus far, S&P 500® EPS growth for Q3 2025 accelerated to 10.7%
Regression to Trend: S&P Composite Index (October 2025)
This video examines the stock market's long-term behavior by looking at the inflation-adjusted S&P Composite Index's history using regression analysis with data through October 2025
Stock Bulls See S&P 500 Rising Above 7,000 as Momentum Builds
Equity bulls are lining up to wager the S&P 500 will surge past 7,000 now that it looks as if a seasonal bout of volatility has passed.
The S&P 500 Pop is Back From the Dead
Americans place a premium on elite and exclusive institutions. Many of us want to get into top-tier universities, pledge storied fraternities and, upon graduation, attain membership at Soho House.
Wall Street Warns S&P 500 Dip Buyers of More Turbulence Ahead
Wall Street strategists have a warning for dip buyers tempted by Friday’s rout in US stocks: There could be more pain ahead, even as China and the United States are signaling openness to trade talks.
S&P 500’s Torrid Rally Seen Having ‘More Fuel Left’ From AI, Fed
The rip-roaring rebound in US stocks from the brink of a bear market six months ago will go down in history for its speed and resilience. And bulls expecting the good times to continue have history on their side.
Calamos Laddered S&P 500 Structured Alt Protection ETF (CPSL)
On this episode of the “ETF of the Week” podcast, VettaFi’s Head of Research, Todd Rosenbluth, discusses the Calamos Laddered S&P 500 Structured Alt Protection ETF (CPSL) with Chuck Jaffe of Money Life. The pair discusses several topics related to the fund to give investors a deeper understanding of the ETF.
The S&P 500 Index is Very Pricey. Adjust, Don’t Flee.
Always intense, the perennial debate over whether equities are too richly valued has become even more fervent of late.
Wall Street Eyes IPO Trackers as Newly Listed Stocks Top S&P 500
Stock bulls looking for the next hot Wall Street trade are increasingly turning to the busiest corner of the US market this year — initial public offerings.
Wall Street Strategists Chase S&P 500 Like Few Times in History
Sell-side strategists, who have rushed to upgrade their stock targets ever since the market rebounded from its early-year slide, keep underestimating the rally’s strength.
S&P 500 Rally Pauses After 27 Records This Year
A $15 trillion rally in US stocks from April lows took a breather at the start of a week that will bring a handful of Federal Reserve speakers and a key inflation measure.
Dissecting the S&P 500 – Should You Invest?
The S&P 500 is often recommended as the default choice for individual investors. While it has delivered strong long-term results, today’s valuations and concentration raise important questions about whether it suits every investor’s goals.
S&P 500 Eclipses 6,600 Ahead of Widely-Expected Fed Rate Cut
US equities powered to fresh highs on Monday at the start of a high-stakes week for financial markets, with the Federal Reserve largely expected to resume its interest-rate cutting.
Managing the S&P 500 Index Still Needs the Human Touch
The third Friday in September is a special day in the financial-market calendar. It’s one of the four days a year the S&P 500 index gets rebalanced. With over $10 trillion of assets passively tracking it, the exercise will affect markets and investors in every corner of the world.
Asset Allocation Bi-Weekly – The Cap-Weighted & Equal-Weighted S&P 500
There are many ways to describe the strong performance in large cap US stock prices this year. You could simply call it a bull market, with the S&P 500 total return index up 31.2% since its low in early April and up 11.5% year-to-date.
S&P 500 Index: All Twisted Up in the Game
Is the U.S. economy “all twisted up in the game” with the S&P 500 Index dominated by technology/AI stocks? How much is investor confidence affecting consumer confidence? How much has the increase in financial advice and advisors been fed by the success of this stock market?
Stagflation Playbook for S&P 500 Gets Fresh Look Before CPI Data
As the specter of stagflation ripples through equity markets, investors are zeroing in on the upcoming consumer inflation report to see how close the dire economic scenario is to becoming a reality.
Three Ways that Direct Indexing Can Help Diversify Beyond the S&P 500
The popularity of direct indexing has grown significantly since the pandemic, with no signs of easing.
S&P 500’s Humming Profit Engine Can Keep Powering Stocks Rally
A solid earnings season shows Corporate America’s profit engine is humming along, potentially easing worries that the record-setting rally in US stocks is starting to overheat.
Jack Dorsey’s Tech Vision in Spotlight as Block Enters S&P 500
Jack Dorsey’s Block Inc. joins the coveted S&P 500 on Wednesday, a symbolic milestone that puts the digital finance firm — pursuing everything from mobile banking to Bitcoin mining — under Wall Street’s spotlight.
Wall Street Builds S&P 500 ‘No Dividend’ Fund in New Tax Dodge
Wall Street’s latest tax dodge doesn’t hide in the Cayman Islands or rely on complex derivatives.
Wall Street Builds S&P 500 ‘No Dividend’ Fund in New Tax Dodge
Wall Street’s latest tax dodge doesn’t hide in the Cayman Islands or rely on complex derivatives. It’s engineered to turn a publicly traded fund into a tax-minimizing machine that hums quietly on autopilot.
Apple, Alphabet and Tesla are Holding the S&P 500 Rally Back
Investors may be tempted to imagine how much higher the S&P 500 Index would be if three of its most influential stocks weren’t lagging behind.
S&P 500 Set for Best Quarter Since December 2023
Stocks are wrapping up a stellar quarter at all-time highs amid signs of progress in US trade talks while hopes the Federal Reserve will resume its rate cuts drove Treasuries toward their biggest first-half stretch in five years. The dollar eyed its longest monthly slide since 2017.
S&P 500 Extends Rally, Closing Just Short of Its All-Time High
US stocks climbed Thursday, ending the day on the cusp of a record as optimism around potential rate cuts stoked risk-on sentiment across financial markets.
Invesco S&P 500 Momentum ETF (SPMO)
VettaFi’s Head of Research Todd Rosenbluth discussed the Invesco S&P 500 Momentum ETF (SPMO) on this week’s “ETF of the Week” podcast with Chuck Jaffe of “Money Life.”
The Florida Pension Fund Managers Who've Beaten the S&P 500 Over 50 Years
Unlike most other US public retirement plans of its size, the Tampa Fire & Police Pension Fund doesn’t invest in hedge funds, private equity or private credit.
Wary Wall Street Positioning Leaves Room for S&P 500 to Rally
Analysts at firms including Barclays Plc and JPMorgan Chase & Co. see further upside for US stocks, in part because they expect institutional investors to abandon their cautious stance and ramp up exposure to equities.
Why the S&P 500 Is Cruising Through Policy Upheaval
f you are wondering why the S&P 500 Index has held up so well in the past two months, look no further than the technology and communications sectors, which collectively account for nearly half of the index by weighting.
5 Unique Passive ETF Ways of Owning the S&P 500
One of the biggest stories in the ETF market in 2025 has been the nonstop impressive asset-gathering pace of the Vanguard S&P 500 ETF (VOO).
S&P 500 Notches Weekly Gain on Big Tech Strength, Trade Optimism
US stocks delivered their second-best weekly gain of the year on Friday, as Big Tech fueled a rally that brought the S&P 500 Index closer to an all-time high set nearly three months ago.
The Extreme Risk of High Valuation: The Truth About the S&P 500’s Valuation (Part 2)
In this video – Part 2 – Extreme Risk of High Valuation – Chuck Carnevale, Co-Founder of FAST Graphs, aka Mr. Valuation discusses the volatility of the stock market, using the S&P 500 (SPY) as a proxy.
The S&P 500, Dow and Nasdaq Since Their 2000 Highs as of April 2025
Explore the performance journey of the S&P 500, Nasdaq, and Dow Jones since their peaks in 2000. This video analyzes how these key U.S. stock market indexes have navigated over two decades of economic shifts and technological change, revealing their distinct paths through April 2025.
Dissecting the Stock Market: The Truth About the S&P 500’s Valuation (Part 1)
In this video, Chuck Carnevale, Co-Founder of FAST Graphs, aka Mr. Valuation discusses the volatility of the stock market, the truth about the S&P 500’s valuation, using the S&P 500 (SPY) as a proxy.
Traders’ Guide to US Stocks Most Affected in China Trade Talks
US equity investors will be watching closely as trade talks kick off between the Trump administration and China, with trillions of dollars hanging in the balance for American companies.
Moving Averages of the Ivy Portfolio and S&P 500: April 2025
This video provides an update on the monthly moving averages we track for the S&P 500 and the Ivy Portfolio after the close of the last business day of the month.
S&P 500 Rises as Traders Parse Earnings and Tariff Developments
US equities extended a rebound into a third session Tuesday as traders weighed the ongoing global trade war against a slew of positive earnings reports from Wall Street banks.
S&P 500 Is Heading for a Bear Market as Tariffs Hit Everything
President Donald Trump’s trade war has US stocks on track to enter their first bear market since the Covid pandemic.
The S&P 500’s Safety Nets Are Gone
President Donald Trump’s new reciprocal tariff policy is straightforwardly bad for the US economy and markets. The only conceivable reason that the S&P 500 Index was down just 4% on Thursday is that investors still don’t believe it will stick. Unfortunately, there’s no quick way out of this quagmire.
Moving Averages of the Ivy Portfolio and S&P 500: March 2025
This video provides an update on the monthly moving averages we track for the S&P 500 and the Ivy Portfolio after the close of the last business day of the month.
Gold vs the S&P 500
In 2024, the S&P 500 delivered a total return of 25%, while gold finished the year up 27%. This marks the first time in recent financial history in which gold and stocks achieved gains exceeding 25% within the same calendar year.
What Spooked the S&P 500? It Wasn’t the Trade War
The US stock market is on edge. The S&P 500’s recent 10% correction has investors worried, though a highly uncertain policy environment and an unusually top-heavy market obscure just what is spooking stocks.
Strategists See More S&P 500 Volatility as Tariff Fears Kick In
A chorus of Wall Street strategists is warning about rising volatility in the stock market, with Morgan Stanley’s Michael Wilson the latest to sound the alarm on slumping economic growth amid President Donald Trump’s trade wars.
Traders See Wild S&P 500 Swings After Trump Address to Congress
US stocks have been on a wild ride this week, and options traders expect more of that to come as traders assess the latest tariff developments and brace for Friday’s monthly jobs report.
What Scares the S&P 500?
In the second half of 2024 the risk premia associated with inflation releases declined relative to labor market data as the Fed shifted focus toward labor market and away from inflation risk. With elevated S&P 500 Index concentration and the market leadership of the artificial intelligence (AI) theme, some single company earnings (NVIDIA) have been rising risk events for the entire index.
The S&P 500 Is Too Big to Falter on Trump’s Tariffs
If you’re looking to a popular stock market tracker like the S&P 500 Index to gauge the effect of President Donald Trump’s proposed tariffs, don’t. It’s likely to be insulated from much of the fallout and therefore fail to reflect the true impact on US businesses.
Moving Averages of the Ivy Portfolio and S&P 500: January 2025
The Ivy Portfolio is based on the asset allocation strategy used by endowment funds from Harvard and Yale. It is an equally weighted portfolio constructed with 5 ETFs that feature a mix of different asset classes. By allocating across different asset classes, diversification is achieved, and risk is reduced.
Magnificent Seven’s Slowing Growth Threatens S&P 500 Rally
Last week, DeepSeek’s emergence as an AI threat wiped half a trillion dollars of value off Nvidia Corp. Last night, Alphabet Inc.’s disappointing earnings sparked questions about its capital expenditures and put its stock on pace for the worst drop in more than a year.
Trailing the S&P 500, Healthcare Stocks Look Deeply Undervalued
In the report, Portfolio Managers Andy Acker and Dan Lyons explain the reasons for healthcare’s recent underperformance and why they believe valuations are now disconnected from the sector’s long-term prospects.
S&P 500 Sees Best Start for a President Since 1985
The world’s biggest stock market is heading for its best start for a new US president since Ronald Reagan was sworn in to power in 1985.
Vanguard’s S&P 500 Fund Is About to Become World’s Largest ETF
A seemingly unstoppable flood of money has Vanguard Group Inc. on the brink of claiming a crown that State Street Corp. has held for decades.
Priced for Perfection: S&P 500 Increasingly Dependent on the AI Trade
This article provides the Beaumont Capital Management Q4 2024 Market and Strategy Commentary - Decathlon Strategies.
S&P 500 Index Concentration Reaches New Highs – Strategically Navigating a Mega-Cap Dominated Market
2024 was characterized by megacap dominance, with the S&P 500 reaching new all-time highs and gaining roughly 25%. Megacap leadership resulted in the largest companies growing their share of the index. As of this writing, the top seven stocks in the S&P 500 make up 34% of the S&P 500.
Energy Sector Goes From S&P 500’s ‘Worst to First’ in 2025 Start
Energy is the star sector of the S&P 500 Index in the early days of 2025, shaking off two consecutive years when it was a market laggard, and gaining despite Wall Street’s dim outlook for oil and gas stocks.