Sectors, names, short volume, options and sentiment — the whole equity record, not a summary of it.
US equities rank 5 of 8 asset classes on strength (-0.14). Across 68 names, PLTR is strongest and MOS weakest.
In yesterday's session, Energy (+1.45%) led and Technology (-1.91%) lagged, across 11 sector groups — one day's move, not the trend ranking below.
The crowd's mood reads neutral at 46 out of 100, against 46.8 a week ago.
No system of ours has an equity order or position right now — the books that trade are in metals, currencies and crypto.
We don't publish a sector-rotation forecast — that model's forward calls are not gated.
Equities are the one asset class where almost everything that matters is public and free — what each sector is doing, how far every name sits from its own high, how much of the tape is short, what options buyers are paying up for, and which way the sentiment gauges lean. Most of it is scattered across a dozen sites. It is all here, in full, with the arithmetic behind each number stated rather than implied.
Leadership sits with Energy (+0.68) — historically a mid-late signature.
Mid-late cycle — rising demand, inflation beneficiaries.
Defensive sectors are running 0.65 ahead of early-cycle sectors.
This is a description of what is leading right now, read against the textbook order in which sectors normally lead. It is not a forecast, and sector leadership has reversed before the label did plenty of times.
Open any sector for what sits underneath its score — how many members are rising, how far apart they are, and which ETF is carrying it. A sector can rank first on one strong member while the rest go nowhere; the spread number is what tells you which kind of first place it is.
We tested this
We tested cross-asset flow and strength as a way to pick what to trade next. Every feature came out lagging or coincident at a five-day horizon: by the time it shows up here, the move has happened.
| ETF | Price | 5d | 20d |
|---|---|---|---|
| IBITBitcoin Proxy | 47.06 | −0.3% | +9.3% |
| XLKTechnology | 195.44 | −3.0% | +6.4% |
| QQQNasdaq 100 (Tech Heavy) | 741.96 | −2.1% | +5.4% |
| XLEEnergy | 66.82 | +5.5% | +5.0% |
| ETHEEthereum Proxy | 20.09 | −2.6% | +3.9% |
| SPYS&P 500 (Broad Market) | 777.19 | +0.0% | +3.3% |
| XLYConsumer Discretionary | 112.32 | +0.9% | +2.2% |
| XLPConsumer Staples | 84.26 | +3.1% | +1.8% |
| XLUUtilities | 41.72 | +1.4% | +1.7% |
| XLVHealthcare | 169.8 | +0.6% | +1.6% |
| XLCCommunication Services | 112.35 | +1.0% | −0.3% |
| XLIIndustrials | 167.7 | −0.1% | −0.3% |
| XLBMaterials | 49.57 | +1.2% | −1.1% |
| XLFFinancials | 55.01 | +2.3% | −1.3% |
| XLREReal Estate | 41.87 | +3.2% | −1.4% |
| IWMRussell 2000 (Small Cap) | 276.36 | −0.5% | −2.7% |
| GLDGold | 380.89 | +1.3% | −2.8% |
| TLTTreasury Bonds (20yr+) | 78.31 | +1.5% | −2.8% |
| SLVSilver | 53.52 | −0.6% | −6.2% |
All 19 we track, sorted by 20-day return. Volatility is annualised from recent daily moves — it says how bumpy the ride has been, not which way it is going. The file behind this table also carries a directional call and a 0–100 score from an un-gated system; we publish its observations and withhold its verdicts. Its options-flow read is inert right now — 11 of 19 rows report no flow at all, so showing it would be dressing a blank as a signal.
| Name | From its high | Held up by |
|---|---|---|
| AAPLvs SPY | −2.5% | +0.00 |
| ADMvs SPY | −10.0% | +0.00 |
| AMDvs SPY | −7.7% | +0.00 |
| AMZNvs SPY | −8.6% | +0.00 |
| ARKKvs SPY | −5.5% | +0.00 |
| ARMvs SPY | −41.2% | +0.00 |
| ASHRvs SPY | −13.3% | +0.00 |
| ASX200vs SPY | −6.2% | +0.00 |
| AVGOvs SPY | −27.0% | +0.00 |
| BABAvs SPY | −16.0% | +0.00 |
| BOTZvs SPY | −12.8% | +0.00 |
| CAC40vs SPY | −10.9% | +0.00 |
| CCJvs SPY | −27.0% | +0.00 |
| CFvs SPY | −21.3% | +0.00 |
| CLSKvs SPY | −44.9% | +0.00 |
| COINvs SPY | −13.9% | +0.00 |
| COPXvs SPY | −12.1% | +0.00 |
| CRMvs SPY | −14.6% | +0.00 |
| CVXvs SPY | −2.7% | +0.00 |
| DAXvs SPY | −5.8% | +0.00 |
| DBAvs SPY | −4.0% | +0.00 |
| DEvs SPY | −13.9% | +0.00 |
| FCXvs SPY | −8.7% | +0.00 |
| FXIvs SPY | −6.3% | +0.00 |
| GDXvs SPY | −15.5% | +0.00 |
| GDXJvs SPY | −16.0% | +0.00 |
| GLDvs SPY | −10.4% | +0.00 |
| GOOGLvs SPY | −8.5% | +0.00 |
| HANG_SENGvs SPY | −7.5% | +0.00 |
| HYGvs SPY | −3.7% | +0.00 |
| IAUvs SPY | −10.4% | +0.00 |
| ICLNvs SPY | −26.6% | +0.00 |
| IWMvs SPY | −8.6% | +0.00 |
| IYRvs SPY | −11.2% | +0.00 |
| JDvs SPY | −19.1% | +0.00 |
| JPMvs SPY | −9.1% | +0.00 |
| KREvs SPY | −11.9% | +0.00 |
| KWEBvs SPY | −14.4% | +0.00 |
| LITvs SPY | −18.9% | +0.00 |
| MARAvs SPY | −41.3% | +0.00 |
| MCHIvs SPY | −7.7% | +0.00 |
| METAvs SPY | −7.8% | +0.00 |
| MOOvs SPY | −9.9% | +0.00 |
| MOSvs SPY | −30.5% | +0.00 |
| MPvs SPY | −35.9% | +0.00 |
| MSFTvs SPY | −0.4% | +0.00 |
| MSTRvs SPY | −9.8% | +0.00 |
| MUvs SPY | −18.0% | +0.00 |
| NEMvs SPY | −12.9% | +0.00 |
| NFLXvs SPY | −15.6% | +0.00 |
| NIKKEIvs SPY | −5.2% | +0.00 |
| NLRvs SPY | −24.6% | +0.00 |
| NOWvs SPY | −5.8% | +0.00 |
| NVDAvs SPY | −5.8% | +0.00 |
| OXYvs SPY | −5.7% | +0.00 |
| PAASvs SPY | −17.4% | +0.00 |
| PLTRvs SPY | −0.3% | +0.00 |
| REMXvs SPY | −39.4% | +0.00 |
| RIOTvs SPY | −44.3% | +0.00 |
| SCCOvs SPY | −5.2% | +0.00 |
| SLBvs SPY | −19.0% | +0.00 |
| SLVvs SPY | −19.1% | +0.00 |
| SNOWvs SPY | −4.1% | +0.00 |
| SOXXvs SPY | −14.7% | +0.00 |
| SPYis its own benchmark | −0.4% | +0.00 |
| STOXX50vs SPY | −6.1% | +0.00 |
| TANvs SPY | −39.1% | +0.00 |
| TLTvs SPY | −11.2% | +0.00 |
| TSLAvs SPY | −11.7% | +0.00 |
| TSXvs SPY | −3.8% | +0.00 |
| UK100vs SPY | −4.0% | +0.00 |
| URAvs SPY | −26.2% | +0.00 |
| URNMvs SPY | −28.4% | +0.00 |
| USOvs SPY | −9.3% | +0.00 |
| UUUUvs SPY | −48.1% | +0.00 |
| VNQvs SPY | −11.0% | +0.00 |
| XBIvs SPY | −9.5% | +0.00 |
| XHBvs SPY | −19.6% | +0.00 |
| XLEvs SPY | −1.6% | +0.00 |
| XLFvs SPY | −6.6% | +0.00 |
| XLPvs SPY | −6.0% | +0.00 |
| XLUvs SPY | −11.2% | +0.00 |
| XLVvs SPY | −3.3% | +0.00 |
| XOPvs SPY | −4.7% | +0.00 |
| DIAis its own benchmark | −5.6% | +0.00 |
| IHSGis its own benchmark | −9.2% | +0.00 |
| QQQis its own benchmark | −1.5% | +0.00 |
| FBTCvs BTC | −5.7% | −0.39 |
| IBITvs BTC | −5.8% | −0.40 |
| XLKvs QQQ | −2.2% | −0.45 |
| SMHvs QQQ | −10.2% | −5.71 |
All 91 names in the scan — mostly US stocks and sector ETFs, plus a few overseas indices — sorted by how they held up. “From its high” is the drawdown from that name's own 90-day peak. “Held up by” is that fall measured against its benchmark's fall, as a multiple of the benchmark's own decline: +1.00 means the name was flat while the benchmark took its full drop, 0 means they fell together, negative means it fell harder. Most are measured against SPY, itself −0.4% from its high; 7 rows use a different benchmark and each row says which. The measure is switched off when the benchmark has barely fallen, so a shallow market leaves most of this column at zero — that is the measure declining to speak, not everything performing identically. Ninety days of history, and nothing more.
Market-wide, 50.9% of reported volume was short, against 51.6% the session before.
| Ticker | Short volume |
|---|---|
| QQQ | 69.3% |
| SPY | 58.1% |
| IWM | 56.8% |
| GLD | 56.3% |
| PLTR | 55.2% |
| AAPL | 52.8% |
| SLV | 52.7% |
| AMD | 52.1% |
| MSFT | 50.6% |
| COIN | 50.0% |
| GOOGL | 49.0% |
| USO | 45.1% |
| SMCI | 43.6% |
| GDX | 43.1% |
| NVDA | 41.6% |
| ETHE | 41.1% |
| TSLA | 39.5% |
| MSTR | 38.7% |
| TLT | 38.0% |
| META | 37.4% |
| AMZN | 31.3% |
| IBIT | 28.0% |
FINRA publishes this daily and free, and it is widely misread. This is the share of reported volume executed on the short side — it is not short interest, and a high figure is usually market-makers hedging, not a crowd betting against the name. Around half of all volume prints short on a normal day. Session of 2026-10-12.
Not tested by us
We have not tested this against forward returns. It is also the most misread number on this page — it is not short interest.
Puts traded for every call. Above 1.00 means more puts than calls changed hands. Index and single-stock ratios usually disagree and both are shown — index puts are largely portfolio insurance, single-stock calls are largely speculation, so the gap between the two lines says more than either on its own. Session of 2026-10-12.
Not tested by us
We publish these ratios and have not tested them as a signal. Treat them as a description of what traded, not a forecast.
The gauge reads 44 — fear (Yesterday 46, A week ago 47, A month ago 33, A year ago 30).That is around the middle of its range — higher than 57% of the 252 daily readings we hold, going back to 2025-10-13.
All seven inputs, not just the headline. The number everyone quotes is an average of these, and the average hides the disagreement — it is worth knowing when the gauge reads “fear” because volatility is elevated versus because breadth has rolled over. Sentiment is a description of the present, not a timing tool: it has sat at an extreme for months at a stretch.
Not tested by us
We have never tested whether this gauge predicts returns. It is widely quoted and widely misused — it has sat at an extreme for months at a stretch.
114 House disclosure filings in the past 90 days — 11 · 10 · 7 · 7 · 10 · 5 over the last 6 weeks.
This is filing activity — how many disclosures were lodged, not what was bought. The tickers sit inside individual PDFs that we do not yet parse, so we publish the count and say plainly that the count is all it is. The Senate's disclosure search currently refuses automated access, so this covers the House only.