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Daily brief — August 18, 2026

High beta stood out: -2.9% vs the index over 1 session. As published at the market close. The live view is always on the dashboard.

Unusual moves

Breadth: 61% of the index above its 50-day average (a month ago: 60%); 71% above the 200-day.

20d leadership: size (held 1d, prev highbeta)

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 (+17.2%), Managed Care & Health Insurers lags (-8.1%).

Sectors, 5d vs S&P: Energy leads (+4.7% (+1.1σ, 90th pctile)), Consumer Cyclical lags (-2.5% (-1.1σ, 10th pctile)).

Analyst tape: 0↑ / 1↓ FY1 EPS (net -0%) in the August 18 read.

FW 3000: Quality -0.2% (-0.8σ) 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.

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