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Liz Ann Sonders
LizAnnSonders
So far, S&P 500’s selloff since late March has been all multiple contraction (forward P/E, blue) as forward EPS (orange) have moved higher pic.twitter.com/su7aJ9rg5q
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Liz Ann Sonders
LizAnnSonders
S&P 500 closed in red for 3rd week in row (longest losing streak since September); last week was also worst in over a year (-3.0%); despite sell-off, handful of large-cap segments were up with Utilities leading way; worst-hit was Technology ⁦@SPDJIndices⁩ pic.twitter.com/LoNvVeDKZh
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Ryan Detrick, CMT
RyanDetrick
S&P 500 with a max pullback of 5.5% in '24 so far. Since 1980, only 4 full years saw a smaller pullback. Avg yr since 1980 with a 14.2% max pullback. pic.twitter.com/2SZwV4mwlL
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Jurrien Timmer
TimmerFidelity
The S&P 500 equal-weighted index is back below the all-time high set in March, and the percentage of stocks above their 50-day moving average is down to 37% (from 85%). Not quite at an oversold extreme. pic.twitter.com/pNibSFDtzl
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