News about S&P 500, market

* YIELD ON 10-YR U.S. TREASURY NOTES FALLS TO NEAR THREE-WEEK LOW, LAST DOWN 4.60 BP AT 4.4427% @reuters

YARDENI: “.. Earnings Are Blooming .. the Fed Put is back. With it comes increased risk of a stock market meltup. .. S&P 500 forward earnings are well correlated with actual earnings ..” - @yardeni pic.twitter.com/ml0LpM5DZd

Reminder #861 that higher volatility isn't what you want to see if you are bullish. Yesterday was the first 3-day gain of more than 3% all yr for the S&P 500. For reference, 2022 saw this 26 times and stocks lost 20%. 2019 stocks were up 30% and it happened only 3 times.

US Stock Market Capitalization as % of GDP... 1984: 42% 1994: 63% 2004: 93% 2014: 114% 2024: 187% pic.twitter.com/PkFAa3WHD4