Best Stocks
This BoFA Analyst Thinks SPX Can Hit 5,000 in 2024
Bank of America's Savita Subramanian projected the SPX to peak at 5,000 in 2024, marking one of the most upbeat forecasts.
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S&P 500
Section
S&P 500
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Why 2024 Could Be a Massive Year for US Equities
Three major stock indexes registered their best November since 2020. BofA expects this bullish momentum to persist, potentially driving the S&P 500 to 5,300.
Market Analysis
After November’s Rally, SPX is Only 2% Below its 2023 Intraday High
SPX is well-positioned to continue its November rally and reclaim its 2023 heights amid improving macro circumstances.
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70% of the Stock Market Gains this Year Come from the Magnificent Seven
In the wake of a recent earnings-driven shares rebound, the Magnificent Seven companies now account for almost 70% of S&P 500's gains this year.
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VIX at 7-Month High as $2.5 Trillion in Options Set to Expire Friday
The stock market's volatility gauge jumped to a 7-month high on Thursday as investors brace for a significant options expiration day.
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Dwindling Equity Risk Premium Can Lead to a Severe Stock Pullback
Soaring bond yields have pushed the equity risk premium to the lowest level since 2002, signalling a potential equities sell-off.
Market Analysis
Stocks Take a Hit as Jobs Data Hardens Fed’s Response
The Fed will have to harden its stance to break the labor market. But at what cost for investors?
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Most of S&P 500’s Gains Driven by 7 Firms, Others Up Less than 5% YTD
Most of S&P 500's rally comes from the top 7 components, suggesting a notably lopsided US equity market.
Market Analysis
Ten Companies Account for 35% of the S&P 500 Market Cap
Most of the S&P 500 quarterly gains came from the biggest ten firms in it.
Market Analysis
S&P 500 Usually Rallies after US Midterms, but Could Things Be Different This Time?
Unique macro conditions make major post-midterm stock rally unlikely this year.
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JPMorgan Analyst Bullish on Stocks Despite Grim Consensus
JPMorgan strategist Marko Kolanovic believes equities will end the year "meaningfully higher", making him one of the very few bullish analysts amid a difficult macroeconomic environment.
Market Analysis
Joe Biden Says US Recession is Not Inevitable: S&P500 Gains 1.5% on Open
US President Joe Biden believes an economic recession is not inevitable as the job market and consumer spending remain robust.
Market Analysis
So Far, 2022 Has Been S&P 500’s Worst Start in 90 Years
The S&P 500 is on course to confirm a correction while the Russell 2000 is on track to confirm a bear market.