S&P 500 index

2022 - 5 - 10

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Image courtesy of "Fortune"

If history repeats itself, the bear market has 6 months of pain ahead ... (Fortune)

Bank of America's Michael Hartnett looked at the last 19 bear markets to project when the current one will end—and where the S&P 500 will be when it does.

If history were to repeat then today’s bear market ends in October 2022 with the S&P at 3000,” Bank of America Research analysts wrote in a Sunday note. A floor does not equal a new bull market for tech stocks, he said. Based on historical bear market trends, he said, there could be months of pain ahead.

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Image courtesy of "Barron's"

The S&P 500 Could Avoid a Bear Market If Apple Stock Holds Up (Barron's)

Stocks with larger market values have an outsize influence on the index. If Apple stock stays above $150, the S&P could avoid bear territory.

There are no shortage of fear factors that could put the index into such scary territory. Plus, there are lockdowns in China. Limited supplies from the region results in higher costs for companies,... The S&P 500 looks like it can fall into bear market territory.

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Image courtesy of "Bloomberg"

Goldman and the Rest of Wall Street Are Souring on the S&P 500 (Bloomberg)

Credit Suisse cut its forecast for the S&P 500 Index last week. Goldman Sachs Group Inc., Bank of America Corp. and Morgan Stanley are also now predicting that ...

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Image courtesy of "MarketWatch"

Investors haven't begun to price in recession --- Here's how far the ... (MarketWatch)

The battered S&P 500 index is not pricing in a recession, according to DataTrek Research.

The S&P 500 would trade around 3,000 in a typical recession based on that same multiple and earnings at $161 a share. That would be “peak earnings” if the U.S. is heading into a recession, according to the note. Colas tossed out the recession-related trough seen in 1990 as “market valuations were generally much lower than now due to higher interest rates.” A 50% chance of recession translates into $190 per share, the note shows. “If we do actually get a typical economic downturn, then the S&P should trade for right around 3,000,” according to Colas. “Recent volatility simply says investors think the window of opportunity to get back on the right track is closing,” he said.

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