SMO Dashboard Fri 2026-05-01 (Market = Bearish Maturing Phase)

Brian Degracia

02 May 2026 • 2 min read

Environment is RED given the negative Market Strength Score in Phase -2 Bearish Maturing

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

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 is currently -58% in a Bearish Maturing Phase. Changed to negative as of Friday, April 24.

Tracked indexes performance this week:
- Strengthened/+2: SOX (1Strongest)
- Strengthened/+1: None
- Strengthened/0: SP500 (5Average), NDX (5Average), MAG7 (4Strong)
- Unchanged: None
- Weakened/0: None
- Weakened/-1: None
- Weakened/-2: None

Strong MAG7, XLF/Financials, and XLRE Real Estate week. Utilities and Materials & Construction weakened.

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.

SPDR Sector ETFs Detail

XLRE Real Estate and XLK Technology were strong, XLU Utilities and XLY Consumer Discretionary lagged.

Context - 10 Week Lookbacks, by ETF and by Week

See below for changes over the past 10 weeks.

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.