Daily brief — July 6, 2026
Since yesterday: highbeta quartile jump (top to bottom). As published at the market close. The live view is always on the dashboard.
No factor moving more than 2σ from its trailing-year norm today.
Breadth: 69% of the index above its 50-day average (a month ago: 56%); 67% above the 200-day.
- Since yesterday: highbeta quartile jump (top to bottom)
- Since yesterday: highbeta back inside 2σ (5d)
- Since yesterday: momentum back inside 2σ (5d)
20d leadership: value (held 1d, prev size)
- Rotation flag: highbeta went top→bottom quartile in 20 trading days
July seasonality (30y): market +1.2% mean / 60% hit; momentum +0.5% mean / 50% hit; value +0.6% mean / 43% hit; size -0.8% mean / 37% hit; quality +1.1% mean / 70% hit.
Baskets, 20d vs S&P: Regional Banks leads (+10.8%), AI Displacement Risk lags (-9.2%).
Sectors, 5d vs S&P: Communication Services leads (+4.2% (+1.9σ, 98th pctile)), Real Estate lags (-4.6% (-2.1σ, 2nd pctile)).
Analyst tape: 98↑ / 70↓ FY1 EPS (net +6%) in the July 6 read.
FW 3000: Momentum -3.2% (-1.6σ) on the week vs the broad benchmark — the 3,000-name universe, beyond large caps.
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.