Friday Flush - S&P 500 Charts Edition

We usually prefer in our blog posts to give the reader a nice linear explanation of what we are laying out in front of them. Sometimes, however, when we are perusing our chart library we find a variety of charts that are interesting but are not exactly on the same theme. These charts still seem worthy to share, however, and since Fridays are a good day to shake things up we are calling this post our Friday Flush - S&P 500 Charts Edition because we are flushing out some of our more interesting but obscure charts on the S&P 500 with limited commentary.

The S&P 500 has spent most of this year pressing up against it's 65-day high and has only once touched the 65-day low


So far in 2014, the equal-weighted S&P 500 index is outperforming the cap-weighted S&P 500 index by a little over 1%.


The equal-weighted financial index are also outperforming market-cap weighted financials index.


And banks continue to underperform the S&P 500.


Small Caps relative underperformance to Large Caps is following our taper model nicely.




Junk spreads are wondering when the S&P 500 is going to follow them down...




Commodities continue to refute the most recent stock market advance.






On the other hand, auto sales are moving in step with equity prices but are not at all-time highs.


Cash assets at US commercial banks are also increasing with equity prices.


Finally, durable goods orders have been able to break out to a new high yet.