The S&P 500 finished the first full trading week of 2026 at a new record high. Here is a snapshot of the index from the past week: The table below summarizes the number of record highs reached each year dating back to 2013. Here is a snapshot of the index from the past six months with a 50-day moving average: S&P 500: A Perspective on Drawdowns S&P 500: A Perspective on Volatility For a sense of the correlation between the closing price and intraday volatility, the chart below overlays the S&P 500 since 200 ...

Core Insights - The S&P 500 index has shown strong performance, closing the week on a four-day winning streak and nearing a new record high [1] - Historical data indicates the number of record highs reached each year since 2013, with 2023 currently at zero record highs [3][4] Performance Overview - The S&P 500 index reached a peak of 1565.15 on October 9, 2007, before experiencing a significant drop of approximately 57% during the Global Financial Crisis, closing at 676.53 on March 9, 2009 [6] - It took over five years for the index to recover and reach a new all-time high of 1569.19 on March 28, 2013 [6] Volatility Analysis - The S&P 500 has been above its 50-day moving average since November 24, 2022, and above the 200-day moving average since May 12, 2023, with the 50-day moving average surpassing the 200-day moving average since July 1, 2023 [10] - The index experienced its largest intraday price volatility of 10.77% on April 9, 2023, since December 24, 2018 [13] Index Comparison - The S&P 500 is a market cap-weighted index comprising roughly the 500 largest U.S. stocks across 11 sectors, while the S&P 500 Equal Weight Index includes the same constituents but with equal weighting [14]

Group 1 - McDonald's shares fell below their 200-day moving average of $305.87, trading as low as $305.40, representing a decline of approximately 1.1% on the day [1] - The 52-week range for McDonald's shares is between $276.53 (low) and $326.32 (high), with the last trade recorded at $306.94 [3]

Core Insights - The S&P 500 finished October with a gain of 2.3% from September, marking its fourth weekly gain in the last five weeks [1] - Year-to-date, the S&P 500 is up 16.56%, while the S&P Equal Weight Index has increased by 7.53% [4] Performance Overview - The S&P 500 index recorded a weekly gain of 0.7% [1] - Historical context shows the index reached an all-time high of 1565.15 on October 9, 2007, before experiencing a significant drop of approximately 57% by March 9, 2009, during the Global Financial Crisis [1] - The index took over five years to recover and reach a new all-time high of 1569.19 on March 28, 2013 [1] Volatility Analysis - The S&P 500 experienced its largest intraday price volatility of 10.77% on April 9, 2023, since December 24, 2018 [3] - The average percent change from intraday low to high over the past 20 days is 1.07% [3] Index Comparison - The S&P 500 is a market cap-weighted index, while the S&P Equal Weight Index gives equal weight to each constituent [4] - The performance disparity between the two indices highlights the stronger performance of the S&P 500 in 2023 [4]

Group 1 - Hartford Insurance Group shares fell below their 200-day moving average of $123.45, trading as low as $120.33 per share, representing a decline of approximately 2.1% on the day [1] - The 52-week low for Hartford Insurance Group shares is $104.93, while the 52-week high is $135.17, with the last trade recorded at $122.44 [4]

Core Viewpoint - Netflix Inc (NASDAQ: NFLX) has fallen below its 200-day moving average, raising concerns among technical traders, yet investor Josh Brown remains optimistic about the streaming service's prospects [1] Company Summary - The decline below the 200-day moving average is a significant technical indicator that may influence trading strategies [1] - Despite the technical concerns, notable investors like Josh Brown continue to support Netflix, indicating potential confidence in the company's long-term performance [1] Industry Summary - The streaming industry is experiencing volatility, with technical indicators playing a crucial role in investor sentiment [1] - Investor perspectives, such as those from Josh Brown, highlight the importance of fundamental analysis alongside technical metrics in assessing streaming companies like Netflix [1]

Core Insights - Paul Tudor Jones, a prominent hedge fund manager, warns that current market conditions resemble the final explosive months of the 1999 dot-com bubble, suggesting a potential for massive price appreciation across risk assets while advising investors to exit before a crash [2][4]. Investment Recommendations - Jones recommends a portfolio that includes gold, cryptocurrency, and the Nasdaq, advising to hold these assets until they dip below the 200-day moving average [3][4]. Market Analysis - The current market environment is described as more volatile than previous speculative bubbles, characterized by rate cuts, fiscal deficits, and high leverage in ETFs [4][5]. - Jones labels sovereign debt as the "biggest bubble of all time," indicating that central banks have delayed the inevitable market correction through easing policies, which could lead to a significant bond market disruption when rate cuts cease [5]. Performance Metrics - Gold has increased by 46%, while Bitcoin has risen by 50% to 60%, with retail-driven assets, including meme stocks, up nearly 70%, indicating an ongoing inflation trading experience [2].

Group 1 - Viatris Inc shares crossed below their 200-day moving average of $9.98, trading as low as $9.95 per share, reflecting a decline of approximately 1.9% on the day [2] - The 52-week range for VTRS shares is between a low of $6.85 and a high of $13.55, with the last trade recorded at $9.96 [2] - The data regarding VTRS's moving average was sourced from TechnicalAnalysisChannel.com [2]

Core Insights - Central Garden & Pet Co (CENTA) shares have crossed below their 200-day moving average of $32.45, trading as low as $32.31 per share, indicating a decline of approximately 2.7% on the day [1]. Stock Performance - The 52-week low for CENTA shares is $27.70, while the 52-week high is $37.35, with the last trade recorded at $32.35 [1].

Core Viewpoint - Berkshire Hathaway stock shows bullish signs with technical indicators suggesting potential sustained price growth, closing above the 200-day moving average for the first time since early July, ending at $489, with a year-to-date gain of nearly 9% [1][2]. Group 1: Stock Performance and Technical Indicators - The close above the 200-day moving average is considered bullish, indicating a potential shift in long-term momentum and suggesting buyers are regaining control after a period of weakness [2]. - The stock has lagged the broader market since Warren Buffett announced plans to retire as CEO at the end of 2025, raising concerns about the future under successor Greg Abel [3]. Group 2: Company Fundamentals - Berkshire's market cap stands at $1.1 trillion, with nearly 29% tied to its $295 billion equity portfolio, which includes significant stakes in Apple and Coca-Cola [3]. - Long-term sentiment is concerning due to Ajit Jain trimming his holdings, the pause in buybacks, and an increase in the company's cash reserves through Treasury purchases [4]. - The company reported Q2 profit of $12.37 billion, down from $30 billion a year earlier due to a Kraft Heinz writedown, while operating earnings remained steady at $11.16 billion, and BNSF Railroad saw a 19% profit increase [5]. - Berkshire holds $344 billion in cash, providing flexibility for acquisitions, buybacks, or new investments as opportunities arise [5].