Data as of 2026-07-08T16:00:00-04:00 (Polygon intraday bars are 15-minute delayed). Every figure is computed deterministically from report.json before narration.
Session Snapshot
| Proxy | Name | Group | Last | Since Close | Gap | Since Open | RVol |
|---|
| SPY | S&P 500 | index | 744.98 | -0.37% | -0.61% | +0.24% | 0.80 |
| QQQ | Nasdaq 100 | index | 710.44 | +0.14% | -0.63% | +0.78% | 0.84 |
| DIA | Dow Industrials | index | 522.53 | -1.12% | -0.97% | -0.15% | 0.84 |
| IWM | Russell 2000 | index | 293.19 | -1.01% | -0.73% | -0.29% | 0.98 |
| MDY | S&P MidCap 400 | index | 681.31 | -0.99% | -0.68% | -0.32% | 0.61 |
| IJR | S&P SmallCap 600 | index | 143.67 | -1.18% | -0.63% | -0.56% | 0.76 |
| RSP | S&P 500 Equal Weight | index | 212.30 | -1.13% | -0.55% | -0.58% | 1.57 |
| VTI | Total US Market | index | 367.99 | -0.44% | -0.54% | +0.10% | 1.08 |
| XLK | Technology | sector | 180.95 | +0.99% | -0.95% | +1.96% | 0.92 |
| XLF | Financials | sector | 54.96 | -1.94% | -0.46% | -1.49% | 1.39 |
| XLE | Energy | sector | 55.60 | +1.76% | +1.49% | +0.26% | 1.43 |
| XLV | Health Care | sector | 162.48 | -1.19% | -0.62% | -0.57% | 0.99 |
| XLI | Industrials | sector | 180.42 | -1.07% | -0.89% | -0.19% | 1.10 |
| XLY | Consumer Discretionary | sector | 115.27 | -1.81% | -0.92% | -0.89% | 2.28 |
| XLP | Consumer Staples | sector | 84.32 | -0.64% | +0.37% | -1.00% | 1.06 |
| XLU | Utilities | sector | 45.41 | -0.63% | +0.09% | -0.72% | 0.86 |
| XLB | Materials | sector | 50.26 | -2.43% | -0.99% | -1.45% | 1.27 |
| XLC | Communication Services | sector | 109.47 | -1.40% | -0.09% | -1.31% | 0.83 |
| XLRE | Real Estate | sector | 44.11 | -1.74% | -0.09% | -1.65% | 0.86 |
| MTUM | Momentum Factor | style | 315.12 | +0.86% | -0.74% | +1.61% | 0.91 |
| VLUE | Value Factor | style | 191.48 | -0.20% | -1.06% | +0.86% | 0.54 |
| QUAL | Quality Factor | style | 216.91 | -0.38% | -0.50% | +0.12% | 0.98 |
| USMV | Min Volatility | style | 97.64 | -0.73% | -0.50% | -0.23% | 0.88 |
| SPLV | Low Volatility | style | 75.86 | -1.38% | -0.19% | -1.19% | 1.24 |
| SPHB | High Beta | style | 145.60 | -0.16% | -1.26% | +1.12% | 1.81 |
| IWF | Russell 1000 Growth | style | 121.56 | +0.17% | -0.73% | +0.91% | 0.56 |
| IWD | Russell 1000 Value | style | 245.20 | -1.03% | -0.38% | -0.65% | 0.58 |
| VUG | Vanguard Growth | style | 85.81 | -0.08% | -0.58% | +0.50% | 1.53 |
| VTV | Vanguard Value | style | 217.60 | -0.90% | -0.47% | -0.43% | 1.34 |
| SMH | Semiconductors | theme | 592.00 | +1.81% | -1.05% | +2.90% | 0.91 |
| XBI | Biotech | theme | 162.43 | -0.88% | -1.00% | +0.12% | 1.30 |
| ITA | Aerospace & Defense | theme | 239.56 | -2.26% | -0.74% | -1.53% | 1.24 |
| KRE | Regional Banks | theme | 73.36 | -2.28% | -0.52% | -1.77% | 1.71 |
| XHB | Homebuilders | theme | 106.06 | -3.06% | -1.27% | -1.81% | 1.13 |
| TAN | Solar | theme | 54.11 | -1.28% | -1.92% | +0.65% | 0.79 |
| TLT | 20+yr Treasuries | cross_asset | 84.31 | -0.28% | -0.28% | -0.00% | 1.18 |
| IEF | 7-10yr Treasuries | cross_asset | 93.51 | -0.20% | -0.18% | -0.02% | 0.88 |
| HYG | High Yield Credit | cross_asset | 79.66 | -0.13% | -0.19% | +0.06% | 1.13 |
| LQD | IG Credit | cross_asset | 107.67 | -0.19% | -0.19% | -0.01% | 1.37 |
| GLD | Gold | cross_asset | 374.23 | -0.86% | -1.14% | +0.28% | 1.13 |
| USO | Oil | cross_asset | 112.70 | +3.47% | +3.16% | +0.30% | 2.92 |
| UUP | US Dollar | cross_asset | 28.36 | -0.14% | +0.04% | -0.18% | 0.73 |
The session closed deeply negative with the Large-cap cohort down 1.02% and decliners outnumbering advancers 750 to 248. Only 10.64% of baskets posted positive moves. The session opened with a gap of -0.65% and deteriorated further, leaving a since-close decline of -1.02%. Volume anomalies flagged GLPI and QXO with RVOLs of 3.35 and 3.11 on distribution. The Oversold / Mean-Reversion Watch basket was the sole bright spot, gaining 0.72% on the day.
Intraday Factor Moves
| Basket | N | Since Close | Gap | Since Open | Breadth | RVol | Coverage |
|---|
| Broken Momentum / Avoid | 135 | -1.25% | -0.65% | -0.60% | 22.2% adv | 0.80 | 100.0% |
| Extended Momentum Risk | 5 | -2.91% | -0.47% | -2.45% | 0.0% adv | 0.99 | 100.0% |
| Institutional Large-Cap Accumulation | 22 | -1.70% | -0.47% | -1.23% | 18.2% adv | 0.74 | 100.0% |
| Mega-Cap Liquid Momentum Leadership | 11 | -0.12% | -0.89% | +0.79% | 36.4% adv | 0.79 | 100.0% |
| Neutral / Transition | 380 | -0.50% | -0.63% | +0.12% | 33.5% adv | 0.75 | 99.7% |
| Oversold / Mean-Reversion Watch | 43 | +0.73% | -0.78% | +1.53% | 57.1% adv | 1.02 | 100.0% |
| Quality / Low-Vol Uptrend | 241 | -1.70% | -0.50% | -1.21% | 10.5% adv | 0.76 | 98.8% |
| Thematic Momentum Leadership | 169 | -1.42% | -0.88% | -0.55% | 20.1% adv | 0.80 | 100.0% |
Factor performance was dominated by a sharp unwind of momentum and low-vol. Extended Overbought Momentum plunged 2.31%, while Momentum Breakout / Leadership fell 1.85%. Low-Vol Uptrend fared poorly with a 1.45% loss. In contrast, the Oversold / Mean-Reversion Watch basket gained 0.72%, the only style factor to advance. Persistent Uptrend / Compounder declined 1.44%, and Base Building / Coiled lost 1.09%. The style component of our regime score hit -1.0, reflecting extreme factor compression.
Sector Rotation
| Basket | N | Since Close | Gap | Since Open | Breadth | RVol | Coverage |
|---|
| Communication Services | 44 | -1.23% | -0.25% | -0.98% | 16.3% adv | 0.61 | 97.7% |
| Consumer Discretionary | 106 | -1.85% | -0.97% | -0.89% | 17.0% adv | 0.86 | 100.0% |
| Consumer Staples | 47 | -1.37% | +0.09% | -1.46% | 14.9% adv | 0.81 | 100.0% |
| Energy | 40 | +2.33% | +1.49% | +0.82% | 77.5% adv | 1.06 | 100.0% |
| Financials | 149 | -1.74% | -0.60% | -1.15% | 8.1% adv | 0.84 | 99.3% |
| Health Care | 128 | -1.18% | -0.70% | -0.48% | 24.4% adv | 0.73 | 99.2% |
| Industrials | 177 | -1.23% | -0.95% | -0.29% | 26.1% adv | 0.79 | 100.0% |
| Information Technology | 166 | +0.14% | -1.12% | +1.27% | 46.1% adv | 0.73 | 99.4% |
| Materials | 39 | -1.54% | -1.07% | -0.48% | 23.1% adv | 0.84 | 100.0% |
| Real Estate | 66 | -1.72% | -0.41% | -1.31% | 6.1% adv | 0.72 | 100.0% |
| Utilities | 44 | -0.69% | +0.02% | -0.71% | 15.9% adv | 0.64 | 100.0% |
Across themes, defensive-oriented Oil & Gas was essentially flat at -0.03%, while cyclical and growth groups bore the brunt. Housing / Real Estate fell 1.49%, Consumer / Retail dropped 1.31%, and Financials / Credit lost 1.28%. Even Semiconductors, which had led year-to-date with 46.06%, gave back 0.36%. Healthcare / Biotech, despite being degraded in coverage, declined 0.65%. The sector wave map places Utilities, Health Care, and Consumer Staples in expansion / late acceleration, while Information Technology and Communication Services sit in basing / early-cycle stages.
Themes and Keyword Baskets
| Theme | N | Intraday | WTD | MTD | Breadth |
|---|
| Semiconductors | 247 | -0.05% | -2.19% | -6.36% | 41.5% adv |
| Oil & Gas | 370 | -0.13% | +0.71% | +0.36% | 40.1% adv |
| Cybersecurity | 158 | -0.59% | -0.37% | -0.15% | 33.3% adv |
| Industrial Automation | 491 | -0.62% | -2.17% | -4.29% | 30.4% adv |
| AI Infrastructure | 830 | -0.64% | -1.74% | -3.21% | 30.1% adv |
| Defense / Aerospace | 259 | -1.19% | -3.33% | -5.32% | 25.4% adv |
| Commodities / Materials | 184 | -1.36% | -3.18% | -4.51% | 28.4% adv |
| Consumer / Retail | 486 | -1.54% | -2.28% | -0.99% | 18.1% adv |
| Financials / Credit | 677 | -1.63% | -1.33% | +0.21% | 13.6% adv |
| Housing / Real Estate | 423 | -1.71% | -1.15% | -0.61% | 15.3% adv |
The session saw broad thematic declines with 10 of 12 themes posting negative returns. Cloud Software led losses with a -0.89% decline, followed by Defense / Aerospace at -0.99% and Commodities / Materials at -1.06%. Consumer / Retail was the worst at -1.31%. Oil & Gas was nearly unchanged at -0.03%. Breadth was uniformly thin: Consumer / Retail had only 18.14% of members advancing, Financials / Credit 13.62%, and Housing / Real Estate 15.34%. The Healthcare / Biotech theme remains degraded, covering only 56.71% of constituents. Median RVOL across themes ranged from 0.73 to 0.84, indicating subdued volume on the selloff.
Size and Breadth
| Size bucket | N | Intraday | D1 | WTD | Breadth |
|---|
| Large (>=5B) | 1006 | -1.02% | -1.02% | -1.50% | 24.8% adv |
| Micro Cap $250M-$1B | 228 | n/a | -0.48% | -1.19% | 11.9% adv |
| Nano Cap <$250M | 21 | n/a | +0.40% | -0.15% | 9.5% adv |
| Small Cap $1B-$5B | 829 | n/a | -0.80% | -0.68% | 10.9% adv |
| % > SMA50 | % > SMA200 | Advancers | Decliners | % Baskets Positive |
|---|
| 61.9% | 66.0% | 248 | 750 | 10.6% |
61.9% of the universe holds above the 50-day and 66.0% above the 200-day; advancers 248 vs decliners 750.
Volume and Participation
| Dimension | Basket | Median RVol | % Members RVol>1.5 |
|---|
| production | Broken Momentum / Avoid | 0.80 | 3.0% |
| production | Extended Momentum Risk | 0.99 | 0.0% |
| production | Institutional Large-Cap Accumulation | 0.74 | 0.0% |
| production | Mega-Cap Liquid Momentum Leadership | 0.79 | 0.0% |
| production | Neutral / Transition | 0.75 | 4.7% |
| production | Oversold / Mean-Reversion Watch | 1.02 | 14.3% |
| production | Quality / Low-Vol Uptrend | 0.76 | 2.9% |
| production | Thematic Momentum Leadership | 0.80 | 4.7% |
| Ticker | Basket | RVol | Return | Note |
|---|
| GLPI | Broken Momentum / Avoid | 3.35 | -2.63% | distribution volume |
| QXO | Broken Momentum / Avoid | 3.11 | -3.87% | distribution volume |
| LEVI | Thematic Momentum Leadership | 3.08 | -5.19% | distribution volume |
| SYF | Quality / Low-Vol Uptrend | 3.06 | -9.61% | distribution volume |
| COKE | Neutral / Transition | 2.79 | -2.84% | distribution volume |
GLPI prints 3.35x relative volume in Broken Momentum / Avoid at -2.63%.
Regime Assessment
| Label | Confidence | Composite |
|---|
| Choppy Neutral | 0.09 | -0.13 |
| Component | Score [−2..+2] | Key inputs |
|---|
| trend | 0.1 | spy_vs_sma50_pct=0.8075, spy_vs_sma200_pct=7.472, sma20_slope_sign=-1.0, d3_pct=0.0269 |
| breadth | 0.1 | pct_above_sma50=61.89, pct_above_sma200=65.97, adv_dec_ratio=0.331, pct_baskets_positive=10.64 |
| volatility | 0.5 | rv20_pctile_2y=74.8, tr_vs_atr20=0.744, atr20_method=true_range, intraday_range_vs_20d=0.671 |
| rotation | -0.5 | spearman_d1_vs_w1=-0.9701, spearman_wtd_vs_m1=0.4048, leadership_flip=False |
| size | -0.4 | small_large_d1=-0.6478, small_large_w1=-2.1767, small_large_m1=3.0899, smallmid_vs_5b_d1=0.3143 |
| style | -1.0 | mom_lowvol_w1=-9.3008, hibeta_lowvol_w1=-7.7024, growth_value_w1=-3.2446, credit_w1=0.896 |
| Wave stage | Sectors |
|---|
| Expansion / late acceleration | 5 |
| Basing / early-cycle | 4 |
| Reset within trend | 2 |
Regime: Choppy Neutral (confidence 0.09, composite -0.13).
Opportunity Watchlist
| Ticker | Sector | Opportunity | Wave stage | Regime fit |
|---|
| ACI | Consumer Staples | 88.5 | Wave 1 / accumulation | 91.9 |
| OZK | Financials | 87.2 | Mixed / transition | 91.7 |
| OWL | Financials | 81.7 | Wave 1 / accumulation | 88.5 |
| SWKS | Information Technology | 83.3 | Wave 1 / accumulation | 88.2 |
| TAP | Consumer Staples | 84.6 | Wave 1 / accumulation | 87.9 |
| Ticker | Since close | Vs basket | Read |
|---|
| ACI | -1.13% | +0.12% | diverges |
| OZK | -1.20% | -0.70% | diverges |
| OWL | -1.38% | -0.88% | diverges |
| SWKS | -1.94% | -2.67% | diverges |
| TAP | -1.22% | +0.03% | diverges |
Top screener pick: ACI (Consumer Staples), opportunity score 88.5, Wave 1 / accumulation.
Multi-Horizon Context
| Basket | D3 | WTD | MTD |
|---|
| production: Broken Momentum / Avoid | -2.00% | -2.00% | +0.32% |
| production: Extended Momentum Risk | -2.28% | -2.28% | +5.27% |
| production: Institutional Large-Cap Accumulation | -1.12% | -1.12% | +2.71% |
| production: Mega-Cap Liquid Momentum Leadership | -1.32% | -1.32% | -6.20% |
| production: Neutral / Transition | -1.19% | -1.19% | -2.35% |
| production: Oversold / Mean-Reversion Watch | -3.83% | -3.83% | -11.95% |
| production: Quality / Low-Vol Uptrend | -1.53% | -1.53% | +0.55% |
| production: Thematic Momentum Leadership | -1.24% | -1.24% | -0.44% |
| theme: AI Infrastructure | -1.74% | -1.74% | -3.21% |
| theme: Cloud Software | +2.16% | +2.16% | +3.29% |
| theme: Commodities / Materials | -3.18% | -3.18% | -4.51% |
| theme: Consumer / Retail | -2.28% | -2.28% | -0.99% |
| theme: Crypto / Digital Assets | -1.21% | -1.21% | +0.26% |
| theme: Cybersecurity | -0.37% | -0.37% | -0.15% |
| theme: Defense / Aerospace | -3.33% | -3.33% | -5.32% |
| theme: Energy Transition | -1.45% | -1.45% | -1.50% |
| theme: Financials / Credit | -1.33% | -1.33% | +0.21% |
| theme: Healthcare / Biotech | +0.45% | +0.45% | +1.95% |
| theme: Housing / Real Estate | -1.15% | -1.15% | -0.61% |
| theme: Industrial Automation | -2.17% | -2.17% | -4.29% |
| theme: Macro Rates / Inflation | -1.80% | -1.80% | -1.67% |
| theme: Oil & Gas | +0.71% | +0.71% | +0.36% |
| theme: Semiconductors | -2.19% | -2.19% | -6.36% |
| sector: Communication Services | -1.24% | -1.24% | +1.33% |
| sector: Consumer Discretionary | -2.97% | -2.97% | -2.35% |
| sector: Consumer Staples | -2.20% | -2.20% | +1.07% |
| sector: Energy | +4.50% | +4.50% | +3.98% |
| sector: Financials | -1.05% | -1.05% | +1.42% |
| sector: Health Care | -0.60% | -0.60% | +2.38% |
| sector: Industrials | -3.19% | -3.19% | -5.16% |
| sector: Information Technology | -0.68% | -0.68% | -4.49% |
| sector: Materials | -3.80% | -3.80% | -3.81% |
| sector: Real Estate | -1.71% | -1.71% | -0.04% |
| sector: Utilities | -1.08% | -1.08% | -0.19% |
| size: Large (>=5B) | -1.50% | -1.50% | -1.28% |
| size: Micro Cap $250M-$1B | -1.19% | -1.19% | -0.92% |
| size: Nano Cap <$250M | -0.15% | -0.15% | -3.23% |
| size: Small Cap $1B-$5B | -0.68% | -0.68% | -0.49% |
| style: Base Building / Coiled | -1.82% | -1.82% | -1.67% |
| style: Extended Overbought Momentum | -0.60% | -0.60% | +4.30% |
| style: Low-Vol Uptrend | -1.31% | -1.31% | +0.02% |
| style: Momentum Breakout / Leadership | -1.79% | -1.79% | +0.73% |
| style: Neutral / Transition | -1.27% | -1.27% | -2.07% |
| style: Normal Vol/Trend | -1.66% | -1.66% | -3.54% |
| style: Oversold / Mean-Reversion Watch | -3.83% | -3.83% | -11.95% |
| style: Persistent Uptrend / Compounder | -1.27% | -1.27% | +0.11% |
| style: Weak Downtrend / Avoid Momentum | -2.00% | -2.00% | +0.32% |
WTD: best Energy +4.50%, worst Oversold / Mean-Reversion Watch -3.83%; breadth deteriorating.
Data Quality and Coverage
| Source | As of |
|---|
| intraday_bars | 2026-07-08T16:00:00-04:00 |
| warehouse_snapshot | 2026-07-08 |
| proxy_daily | 2026-07-07 |
| screener_artifact | 2026-07-08T20:33:12.166787-04:00 |
| grouped_daily | unavailable |
- Overall coverage: 99.5%
- Degraded baskets: theme:Healthcare / Biotech
- Missing archived report days: 2026-07-01, 2026-07-02, 2026-07-06, 2026-07-07
- Report generated at 2026-07-09T03:02:46-04:00; every figure above is computed deterministically from report.json
- Narration: 5 of 9 sections used the deterministic fallback (size_breadth, volume, regime, opportunities, multi_horizon); all other sections are LLM-narrated