DC Lite #89

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1. Homebuilder sentiment. "Home builder confidence climbed three points to 51 in March … It marks the fourth consecutive monthly gain and the first time that the sentiment level has surpassed the breakeven point of 50 since last July."

2. Household balance sheets. "Since the start of 2020, assets have grown at a healthy clip while debt totals have actually fallen."

3. Sentiment Indicator. Goldman's equity positioning indicator surged over the past week to the highest since March 2021.

4. Large vs. Small breadth. "We have seen broadening in leadership more recently, but this is more specific to large cap/quality stocks."

5. Q1 EPS. Seven sectors are expected to see EPS growth in Q1. Of those sectors, four (Comm. Svcs., Discretionary, Tech, and Financials) have seen positive YTD earnings revisions.