Daily brief — July 10, 2026
Rotation flag: highbeta went top→bottom quartile in 20 trading days. 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: 51%); 67% above the 200-day.
20d leadership: highbeta (held 1d, prev quality)
- 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: Cybersecurity leads (+5.8%), AI Displacement Risk lags (-8.3%).
Sectors, 5d vs S&P: Technology leads (+2.1% (+1.0σ, 89th pctile)), Basic Materials lags (-3.3% (-1.5σ, 6th pctile)).
Analyst tape: 130↑ / 74↓ FY1 EPS (net +12%) in the July 10 read.
FW 3000: Quality +0.7% (+1.8σ) 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.