Market

Summarizes whether market participation and risk appetite support individual asset trends. The regime describes the overall balance; main support identifies its strongest backing. AGE reflects the oldest current calculation or accepted view shown here. Historical comparison periods do not set this age.

• MARKET REGIMECombines covered-stock participation with cross-market risk appetite. 0–29 is weak, 30–44 soft, 45–55 neutral, 56–70 strong, and 71–100 very strong. Higher values indicate a more supportive backdrop.
• REGIME TAGRisk-on: participation and risk appetite support the move. Balanced or mixed: forces offset. Fragile: support is vulnerable. Risk-off: defensive forces dominate.

Measures how widely the move is supported across 59 covered US stocks. Strong participation across short and longer windows gives individual trends a firmer market backdrop. AGE reflects the oldest current calculation or accepted view shown here. Historical comparison periods do not set this age.

• SUPPORTED UNIVERSE BREADTHCombined participation score for the covered stocks. 0–29 is weak, 30–44 soft, 45–55 neutral, 56–70 strong, and 71–100 very strong. Higher values mean the market move has broader support.
• ABOVE 20D AVERAGEShare above the 20-session average. Above 60% indicates broad short-term participation; below 40% indicates narrow participation.
• ABOVE 50D AVERAGEShare above the 50-session average. Agreement with the 20-session reading shows that the short move has medium-term support.
• ABOVE 200D AVERAGEShare above the 200-session average. A low reading alongside strong short-term breadth points to a recovery within a weaker longer trend.
• POSITIVE / 5DShare with a positive five-session return. A high share shows that gains are spread across the covered stocks.

Highlights sectors where strength is shared by several covered stocks. Broad participation and outperformance together indicate firmer leadership; strength in only a few names is narrower. AGE reflects the oldest current calculation or accepted view shown here. Historical comparison periods do not set this age.

• PARTICIPATIONShare of covered sector stocks above their 20-session average. Above 60% is broad participation; below 40% is narrow. A sector needs at least three covered issuers.
• RELATIVE STRENGTHMedian 20-session return minus SPY's return, in percentage points. Positive means sector leadership; negative means lagging performance.

Shows which macro forces are making conditions harder for asset prices. Higher inflation, rates or labor pressure indicate stronger headwinds; the displayed weights show each contribution. AGE reflects the oldest current calculation or accepted view shown here. Historical comparison periods do not set this age.

• MACRO PRESSURE0–29 is low, 30–49 moderate, 50–69 elevated, and 70–100 high. Combines inflation pressure at 45%, rates at 35% and labor pressure at 20%. Displayed weights adjust to the available inputs.
• INFLATION PRESSUREHigher readings mean inflation remains a stronger obstacle to easier monetary conditions.
• RATES PRESSUREHigher readings mean nominal yields, real yields and the yield curve create stronger financing or valuation headwinds.
• LABOR PRESSURE100 minus labor strength. Higher readings mean weaker labor conditions add more pressure to the market backdrop.

Tracks whether inflation, hiring and spending are speeding up or slowing down. Five-session market moves show the surrounding price backdrop alongside those monthly economic changes. AGE reflects the oldest current calculation or accepted view shown here. Historical comparison periods do not set this age.

• INFLATION MOMENTUMChange in the monthly core PCE inflation rate, in percentage points. Above +0.05 means accelerating; below -0.05 means cooling; otherwise steady. Cooling describes slower inflation, not falling prices.
• HIRING MOMENTUMChange in monthly payroll additions, in thousands of jobs. Above +25 means accelerating; below -25 means slowing. The sign describes the change in pace.
• SPENDING MOMENTUMChange in monthly inflation-adjusted consumption growth, in percentage points. Above +0.10 means accelerating; below -0.10 means slowing.
• YIELD CHANGETen-year Treasury yield change over five observation intervals, in basis points. Above +5 adds financing pressure; below -5 eases it.
• MARKET MOVEFive-session returns for SPY and long-duration Treasury bonds. Moves within ±0.25% show little net change. These give market context alongside the monthly economic readings.

Checks whether different parts of the market support the same overall view. Equity and credit strength often reinforce risk appetite; bonds, currencies and defensive assets add context to that reading. AGE reflects the oldest current calculation or accepted view shown here. Historical comparison periods do not set this age.

• 20-SESSION MOVERecent movement in equity, credit, bond, gold, currency, oil and volatility benchmarks. Read each sign within its role: rising equities and falling volatility can support the same risk-on view.

Compares the latest earnings result with the opening price response. A beat followed by a weak gap reveals a tougher expectations bar; a miss absorbed by price shows resilience. AGE reflects the oldest current calculation or accepted view shown here. Historical comparison periods do not set this age.

• LATEST EPS SURPRISEReported earnings per share versus consensus. Positive means above expectations; negative means below.
• POST-REPORT GAPFirst regular-session open after the report versus the prior close. Positive means the stock opened higher; negative means lower.
• REACTIONConfirms beat or confirms miss: price agrees with earnings. Rejects beat or absorbs miss: the price response points the other way.