Daily brief — June 22, 2026
Momentum's best five-day run against the index in a year. As published at the market close. The live view is always on the dashboard.
Unusual moves
- Momentum 5d vs S&P: +4.6% (+2.9σ, 100th pctile)
- High beta 5d vs S&P: +5.9% (+2.5σ, 98th pctile)
- Quality 5d vs S&P: +1.5% (+2.2σ, 97th pctile)
20d leadership: highbeta (held 5d, prev size)
- Rotation flag: highbeta went top→bottom quartile in 20 trading days
June seasonality (30y): market +0.7% mean / 63% hit; momentum +2.0% mean / 70% hit; value -1.4% mean / 30% hit; size +1.3% mean / 77% hit; quality +0.3% mean / 67% hit.
Baskets, 20d vs S&P: AI Infrastructure Leaders leads (+21.9%), AI Displacement Risk lags (-12.0%).
Sectors, 5d vs S&P: Utilities leads (+3.5% (+1.5σ, 95th pctile)), Energy lags (-5.9% (-1.6σ, 8th pctile)).
Computed from S&P 500 constituents, point-in-time quintile portfolios. Provided as-is, with no guarantee of accuracy, timeliness, or freedom from errors. Not investment advice.