Today · Fri, Jun 5, 20262H 32M

After today’s close · Thu, Jun 4

Not yet — the market is neutral, with no clear uptrend.

DefeCautNeutConsAggr

Is the stock market in an uptrend today? The market is mixed, with no clear broad uptrend.

Stance score60Neutral

vs yesterday▲+4

vs last week▼-4

Sectors beating SPY2/11

Leading sectorTechnology

What changedStance moved 55 → 60, lifted by the day’s biggest mover, Breadth +12. Money is leaning into Technology and away from Cons. Staples, while Leadership +2 is broadening.

Market health

Five reads on the tape

Trend

Healthy

Trend reading 73.

Breadth

Watch

Breadth reading 58.

Leadership

Watch

Leadership reading 47.

Risk appetite

Healthy

Small caps leading large caps by 1.1pp.

Macro

Watch

Macro reading 55.

Where strength is showing up

From sectors down to stocks

RS vs SPY

Sectors

RS vs SPY

TechnologyXLK+28.5%EnergyXLE+6.8%IndustrialsXLI−3.5%

View sectors

Industries

RS vs SPY

Electronic Equipment138 names+65.4%Computers40 names+46.5%Electrical Equipment37 names+40.2%

All industries

Themes

RS vs SPY

AI Infrastructure6 names+85.8%Quantum Computing5 names+85.6%GLP-1 / Obesity4 names+50.3%

Explore themes

Stocks

RS vs SPY

ASTCHealthcare+1471.2%BNYFinancials+1313.4%LESLConsumer Discretionary+466%

Browse stock leaders

Volume

Where did the volume go?

RVOL · today vs 30-day avg

1.07×Composite turnover vs 30-day avg

Composite turnover ran around its 30-day average. The names below carried the most relative volume into the close.

Stocks

RVOL

1STITechnology6539.8×2SPRCHealthcare7.6×3QMCOIndustrials6.6×4MANUConsumer Discretionary4.9×5SDOTConsumer Discretionary4.9×

Browse stock leaders

Sectors

RVOL

1XLKTechnology1.2×2XLFFinancials1.1×3XLVHealthcare1.0×4XLCCommunication Services1.0×5XLPConsumer Staples1.0×

View sectors

FF49 industries

RVOL

1Electronic Equipment121 names1.3×2Coal5 names1.2×3Candy & Soda7 names1.2×4Apparel24 names1.2×5Insurance89 names1.2×

All industries

Calendar

On deck — the next two weeks

Macro releases · high & medium

8 scheduled releases through Jun 10. Employment Situation, Employment Situation, Employment Situation, Consumer Price Index, Consumer Price Index, and Consumer Price Index are the ones that swing the Macro read.

FRIJUN 05Employment SituationBLS·labor12:30 PM ETHigh FRIJUN 05Employment SituationBLS·labor12:30 PM ETHigh FRIJUN 05Employment SituationBLS·labor12:30 PM ETHigh MONJUN 08Quarterly Financial Report--Manufacturing, Mining, Wholesale Trade, and Selected Service IndustriesCensus·manufacturing·First Quarter 20262:00 PM ETMed WEDJUN 10Consumer Price IndexBLS·inflation12:30 PM ETHigh WEDJUN 10Consumer Price IndexBLS·inflation12:30 PM ETHigh WEDJUN 10Consumer Price IndexBLS·inflation12:30 PM ETHigh WEDJUN 10Weekly Petroleum Status ReportEIA·energy2:30 PM ETMed

Stance over time · 3M

Mar 03Apr 17Jun 04

Sector leadership

Coloured by 60d RS vs SPY · 2 of 11 beatingLaggingLeading

After-close read

In plain language

The after-close read is neutral: breadth is 58/100, leadership is 47/100, and participation is 2 of 11 sectors ahead of SPY. Technology is the top sector, framing where relative strength is showing up across the public data.

View full market stance Browse stock leaders View sectors Explore themes