SMO Dashboard Fri 2026-02-27 (Market = Bearish Mid Phase)

TLDR:

This dashboard uncovers strength and weakness at the market, sector, industry, sub-industry, and stock levels to aid decision-making in the prevailing market environment.

Commentary

The Market Strength Score turned negative today. Be cautious.

The Mag7 strengthened but not enough to change rating while the SP500, NDX, and SOX were unchanged in strength. Tech is mixed. Financials have taken a turn for the worse. Utilities remain strong. Materials are mixed.

The column labeled "Rating" reflects the strength (based on this system's criteria) of the individual vehicle (index, sector, or industry).

Market Strength Score

Changed to negative after today's action, currently -65% which is mid-level Bearish. Note this was positive yesterday, so this score has flipped both of the past two days.

SPDR Sector ETFs Detail

XLU Utilities led this week while XLB Materials lagged.

Context - 10 Week Lookbacks, by ETF and by Week

XLU Utilities strengthened and now lead with XLE Energy at 2VeryStrong. XLB Materials fell to 3Stronger. XLC Communications, XLF Financials, XLK Technology, and XLRE Real Estate are all lowest at 5Average.

Sector ETFs Stocks Rated 1Strongest and 9Weakest

Long and short candidates are listed below, ranked based on market, sector, and stock strength characteristics.