Despite recent concerns about a potential stock market crash, the charts suggest that a crash may not be imminent. The volatility index for the S&P 500, known as the VIX, is currently trading near its lowest levels since the start of 2020. This indicates that investors are not expecting a large move in the coming weeks.

Another chart to consider is the put-to-call ratio for the NASDAQ 100. A ratio above one suggests that investors are buying more put options, indicating negative sentiment and a possible hedge against a crash. The current ratio is 1.61, which does show some negative sentiment, but it has been higher before.

It's also important to note that there are areas of support in the market that could prevent a full-on crash. The S&P 500 has rallied 25% from its October lows and is trading at over 22 times earnings. While there may be pressure on corporate profits, investors may still be hesitant to completely abandon stocks.

Overall, while concerns about a stock market crash exist, the charts suggest that a crash may not be immediately imminent. It's important for investors to remain cautious and monitor market conditions closely.

Sources:

- Vincent Deluard warns of potential drop in stocks and home prices, slowdown in US economy - Business Insider

- Is a Stock Market Crash Looming? What the Charts Say - The Motley Fool

American Water Works (NYSE: AWK) has recently released their impressive second-quarter earnings report, exceeding analysts' expectations and showcasing strong financial performance. The utilities provider reported earnings per share (EPS) of $1.44, surpassing the consensus estimate by $0.17. Additionally, the company achieved revenue of $1.10 billion for the quarter, beating the consensus estimate of $1.01 billion by a significant margin.

The net margin for American Water Works remained steady at 22.08%, indicating efficient cost management and operational excellence. A return on equity of 10.31% highlights the company's prudent capital allocation decisions. These strong financial indicators demonstrate the company's ability to generate solid profitability in a competitive market.

In a show of confidence in the company's future prospects, Director Michael Marberry acquired 1,400 shares of American Water Works stock in May. The transaction was valued at $199,290.00, and Marberry now holds 3,673 shares of the company's stock.

These positive developments come at a time when the Federal Reserve may be considering a pivot in their policies. While a change in interest rates may have various implications for different industries, it is uncertain how it would specifically impact American Water Works. It remains to be seen whether the company's strong financial performance and optimistic outlook would be enough to mitigate any potential negative effects from a Fed pivot.

Overall, American Water Works' impressive earnings report and Director Marberry's stock acquisition indicate a positive outlook for the company. However, the potential implications of a Fed pivot on the utilities provider remain uncertain.