Growth & Value

US MARKET CALL: Hanging Out At 7,500 And 4.50%

Jul 18, 2026 4 min read

The S&P 500 first hit 7,500 on May 14 and has remained stuck around that level. The index continues to cruise along its 50-day moving average. A 6.0% drop would send it back to its 200-day moving average (chart). We have seen this movie before, recently, during late 2024 into early 2025 and again during late 2025 into early 2026. Both saw similar bouts

Ed Yardeni
Toby Hearst

The Great Valuation Rotation Of The Roaring 2020s

Feb 17, 2026 4 min read paid

For most of the time since the pandemic, large-cap stocks have outperformed their smaller counterparts in the US stock market. That is, the LargeCap S&P 500 index has outperformed the MidCap S&P 400 and SmallCap S&P 600, collectively the “SMidCaps.” That started to change late last year as investors increasingly concluded that the former's earnings outlook had become riskier and its

Ed Yardeni

Slow-Motion Meltup Continues

Jul 24, 2025 2 min read paid

The S&P 500 and Nasdaq edged up to record high closes today, lifted by Nvidia and GE Vernova. Trump's Tariff Turmoil appears to be subsiding, just as we expected it would during the summer. Investors are welcoming President Donald Trump's recent tariff deals and expect more before the August 1 deadline set by the President. The European Union and the US appear headed toward

Ed Yardeni

S&P 500 Closes In On 5000

Feb 7, 2024 1 min read paid

The S&P 500 closed at a new record high today of 4994.63. This is the Rodney Dangerfield of bull markets: it's getting no respect. The naysayers say that it is too narrow to be a real bull market. Narrowness also makes it vulnerable to a reversal, according to them. However, they aren't giving the bull market due credit. It's true that

Ed Yardeni

Another Tech Wreck?

Oct 25, 2023 2 min read paid

The market chose to go down today on Google's disappointing Q3 earnings report rather than Microsoft's upside surprise on Tuesday after the close. Contributing to today's selloff was the rebound in the 10-year bond yield back up to 4.95%. Tech has been weighing on the market since mid-July as the yield rose by 100bps. The Nasdaq is down 10.7% since

Ed Yardeni

What's In Style? Value, SMidCaps & Global

Jan 12, 2023 2 min read paid

The S&P 500 is back testing its 200-day moving average (chart). It previously did so on November 30, but failed to move higher. It might succeed this time if the current Q4-2022 earnings reporting season isn't disappointing relative to expectations. The S&P 500 equal-weighted index continues to outperform the S&P 500 market-cap weighted index (chart). More stocks are

Ed Yardeni

Page 1 of 1