Daily brief — August 24, 2026
Momentum stood out: -3.6% vs the index over 5 sessions. As published at the market close. The live view is always on the dashboard.
Unusual moves
- Momentum 5d vs S&P: -3.6% (-2.0σ, 3rd pctile)
Breadth: 61% of the index above its 50-day average (a month ago: 70%); 74% above the 200-day.
- Since yesterday: momentum crossed -2σ (5d, now -2.0σ)
20d leadership: size (held 5d, 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 (+14.8%), Nuclear Renaissance lags (-9.4%).
Sectors, 5d vs S&P: Healthcare leads (+5.8% (+2.1σ, 97th pctile)), Technology lags (-3.4% (-1.8σ, 4th pctile)).
Analyst tape: 227↑ / 118↓ FY1 EPS (net +23%) in the August 24 read.
FW 3000: Momentum -6.8% (-2.5σ) 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.