What changedStance moved 45 → 50, lifted by the day’s biggest mover, Breadth +13. Money is leaning into Technology and away from Comm. Services, while Leadership -1 keeps narrowing.

Market health

Five reads on the tape

Trend

Watch

Trend reading 50.

Breadth

Watch

Breadth reading 56.

Leadership

Watch

Leadership reading 50.

Risk appetite

Healthy

Small caps leading large caps by 1.3pp.

Macro

Weak

Macro reading 43.

Where strength is showing up

From sectors down to stocks

RS vs SPY

Sectors

RS vs SPY

TechnologyXLK+22.5%EnergyXLE+4.2%IndustrialsXLI−0.3%

View sectors

Industries

RS vs SPY

Electronic Equipment137 names+56.4%Computers38 names+45.1%Measuring & Control Equipment49 names+37.7%

All industries

Themes

RS vs SPY

Volume

Where did the volume go?

RVOL · today vs 30-day avg

1.15×Composite turnover vs 30-day avg

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

Stocks

RVOL

1VELOIndustrials7.7×2ELVNHealthcare6.8×3PCTHealthcare6.0×4NAVNTechnology5.1×5ASTITechnology5.0×

Browse stock leaders

Sectors

Calendar

On deck — the next two weeks

Macro releases · high & medium

8 scheduled releases through Jun 17. G.17 - Industrial Production and Capacity Utilization and Advance Monthly Sales for Retail and Food Services are the ones that swing the Macro read.

MONJUN 15G.17 - Industrial Production and Capacity UtilizationFederal Reserve·fed1:15 PM ETHigh TUEJUN 16New Residential Construction (Building Permits, Housing Starts, and Housing Completions)Census·housing·May 202612:30 PM ETMed TUEJUN 16U.S. Import and Export Price IndexesBLS·inflation12:30 PM ETMed

Stance over time · 3M

Mar 10Apr 24Jun 11

After-close read

In plain language

The after-close read is neutral: breadth is 56/100, leadership is 50/100, 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.

Today's market stance score Browse stock leaders View sectors Explore themes

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

Where the indexes closed

Five reads on the tape

From sectors down to stocks

Sectors

Industries

Themes

Where did the volume go?

Stocks

Sectors

On deck — the next two weeks

In plain language

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

Where the indexes closed

Five reads on the tape

From sectors down to stocks

Sectors

Industries

Themes

Where did the volume go?

Stocks

Sectors

On deck — the next two weeks

In plain language

Stocks

FF49 industries