Daily brief — July 31, 2026
Since yesterday: highbeta back inside 2σ (5d). 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: 63% of the index above its 50-day average (a month ago: 68%); 69% above the 200-day.
- Since yesterday: highbeta back inside 2σ (5d)
- Since yesterday: momentum back inside 2σ (5d)
20d leadership: divyield (held 3d, prev value)
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: AI Displacement Risk leads (+13.5%), Optics & Memory lags (-12.7%).
Sectors, 5d vs S&P: Consumer Cyclical leads (+6.8% (+3.9σ, 100th pctile)), Utilities lags (-5.1% (-2.0σ, 2nd pctile)).
Analyst tape: 193↑ / 108↓ FY1 EPS (net +18%) in the July 31 read.
FW 3000: Quality -0.5% (-1.5σ) 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.