$SPX is currently ~4% CHEAPER than it was at the start of 2026
On a forward earnings basis, the $SPX $S&P 500(.SPX)$ is currently ~4% CHEAPER than it was at the start of 2026. This rally has been entirely driven by earnings growth. Multiples haven’t even started expanding yet. 😍 Been eyeing Tiger merch but short on Tiger Coins? Now's your chance. 🎁 We’ve selected 4 high-demand items across practial, lifestyle, and learning, now with a lower redemption threshold! Hot Merch Returns · Up to 43% Off
Earnings Over Headlines: Why the Indices Keep Recovering
Despite the Macro volatility this year, the earnings picture keeps getting stronger. EPS estimates for 2026 and 2027 are both +5% higher today than they were before the Iran War even started. If you were wondering why the indices are back at highs already, this is your answer. 👇
The Fwd P/E of the Tech sector is now at PAR with Consumer Staples. In other words, the market is now valuing Tech at the same multiple as boring/slow growth Staples companies. That has only happened 3 times in the last 7 years: COVID, the 2022 Bear Market, and Liberation Day. Retail investors have bought stocks at a record pace so far in 2026. The YTD demand from retail has been unprecedented. $S&P 500(.SPX)$$Invesco QQQ(QQQ)$$iShares Russell 2000 ETF(IWM)$ For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.