Daily brief — August 6, 2026
Momentum stood out: -6.8% vs the index over 20 sessions. As published at the market close. The live view is always on the dashboard.
Unusual moves
- Momentum 20d vs S&P: -6.8% (-2.3σ, 2nd pctile)
Breadth: 65% of the index above its 50-day average (a month ago: 65%); 72% above the 200-day.
- Since yesterday: size took 20d leadership (from divyield, confirmed after 3d)
- Since yesterday: divyield back inside 2σ (5d)
- Since yesterday: highbeta back inside 2σ (5d)
- Since yesterday: lowvol back inside 2σ (5d)
- Since yesterday: size back inside 2σ (5d)
- Since yesterday: value back inside 2σ (5d)
20d leadership: size (held 3d, prev divyield)
August seasonality (30y): market -0.2% mean / 60% hit; momentum +0.6% mean / 53% hit; value +0.1% mean / 47% hit; size -0.1% mean / 43% hit; quality +0.0% mean / 47% hit.
Baskets, 20d vs S&P: AI Displacement Risk leads (+16.0%), Memory & Storage lags (-18.0%).
Sectors, 5d vs S&P: Consumer Cyclical leads (+3.6% (+1.9σ, 96th pctile)), Utilities lags (-5.7% (-2.2σ, 1st pctile)).
Analyst tape: 150↑ / 89↓ FY1 EPS (net +13%) in the August 6 read.
FW 3000: Value -3.0% (-1.9σ) 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.