Daily Pre-Market Brief
AI-generatedNeutral-Up — XLE leads the SPDR 11 — SPY trend Normal — 3 big movers — 2 squeeze setups building
July 31, 2026 · Data through the US close · Auto-generated from quantitative models
Final since . The numbers on this page do not change after that.
Educational commentary, not investment advice. See full disclaimer.
Market Conditions are **Neutral-Up** (score 62.5/100) — main risks: distribution red, trend amber. Underlying SPY trend is Normal with MEI at 66.1/100 (MODERATE GROWTH) and sentiment reading NEUTRAL. Energy (XLE) leads at #1 with a Stable signal and score 64.4, while Utilities (XLU) trails at #11. 3 sectors moved 3+ ranks today.
Market Conditions
Neutral-Up62.5/100
Constructive — standard size
Main risks: Distribution (red) • Trend (amber)
Synthesised from trend, breadth, distribution, volatility, credit, internals, and macro inputs. See the Market Conditions tab for full detail on each light.
US Market Indicators
All indicators are based on US equity markets and economic data.
SPY Sentiment?
NEUTRAL
53/100
Macro Economic Indicator?
MODERATE GROWTH
66.1/100
Economic Regime?
Recession
US Sector Rotation (SPDR 11)
| Rank | Δ | Sector | Signal | Quadrant | Score |
|---|---|---|---|---|---|
| 1 | → | XLE | Stable | Leading | 64 |
| 2 | ↑2 | XLF | Weak | Weakening | 53 |
| 3 | ↓1 | XLV | Weak | Weakening | 52 |
| 4 | ↑6 | XLY | Weak | Leading | 51 |
| 5 | ↑2 | XLK | Weak | Improving | 50 |
| 6 | → | XLP | Weak | Weakening | 47 |
| 7 | ↑1 | XLI | Weak | Lagging | 47 |
| 8 | ↓3 | XLRE | Weak | Weakening | 46 |
| 9 | ↓6 | XLB | Weak | Lagging | 45 |
| 10 | ↑1 | XLC | Weak | Lagging | 40 |
| 11 | ↓2 | XLU | Weak | Lagging | 39 |
Notable Changes
What to Watch
Sectors near a signal threshold or with elevated seasonal tailwinds.
- ›XLF — seasonal score bullish (89/100)
- ›XLV — seasonal score bullish (86/100)
- ›XLY — seasonal score bullish (83/100)
- ›XLK — seasonal score bullish (90/100)
- ›XLP — seasonal score bullish (85/100)
- ›XLI — seasonal score bullish (86/100)
- ›XLRE — seasonal score bullish (88/100)
- ›XLB — seasonal score bullish (73/100)
- ›XLC — seasonal score bullish (91/100)
- ›XLU — seasonal score bullish (85/100)
Action Items
Economic Regime Favours
Sectors historically outperforming in this phase of the business cycle.
XLV, XLP, XLU
Caution: Persistent Weakness
Sectors with an Avoid signal or in Weinstein Stage 4 (confirmed downtrend), excluding sectors currently favored by the economic regime.
XLK, XLB, XLC
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