SMO Dashboard Fri 2026-03-27 (Market = Bullish New Phase)

Brian Degracia

29 Mar 2026 • 2 min read

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.

For educational purposes only. These are NOT stock or investment recommendations.

Commentary

The Market Strength Score is currently new stage Bullish. This is showing bullishness in isolation, not yet confirmed by subsequent price action and a separate market regime view.

Tracked indexes performance this week:
- Strengthened/+1: None
- Strengthened/0: None
- Unchanged: SP500 (5Average), NDX (6Weak), MAG7 (7Weaker)
- Weakened/0: SOX (4Strong)
- Weakened/-1: None

The dashboard is widespread red through Technology shows relative strength, specifically via the Semis/Electronics stocks. The red in Financials is broad-based. Utilities are weak. Energy/Oil is strong. Metals are weak.

The column labeled "Rating" reflects this week's strength (based on this system's criteria) of the individual index, sector, or industry vehicle. Note also the columns which show last week's score and the change from last week's score.

Market Strength Score

Currently +8%, Phase +1 Bullish New. Positive and early with plenty of room to run, yet there has been no follow through and no confirmation from other indicators since the change to positive on Wednesday, March 25. Very low yet not at full extreme. This is still a volatile stage and vulnerable to a relapse into a negative strength score.

SPDR Sector ETFs Detail

XLU Utilities, XLB Materials, and XLE Energy lead on the green side this week as XLP Consumer Staples and XLY Consumer Discretionary were the laggards.

Context - 10 Week Lookbacks, by ETF and by Week

Other than XLE Energy which strengthened to 1Strongest and XLK which was unchanged at 6Weak, every other ETF weakened, three enough to change rating (XLP Consumer Discretionary, XLRE Real Estate, XLV Healthcare).

Sector ETFs Stocks Rated 1Strongest and 9Weakest

Long and short candidates are listed below, ranked based on market, sector, and stock strength characteristics. As a bonus, the bottom table shows 5Average stocks, for possible volatility-related strategies.