SMO Dashboard Thu 2026-04-02 (Market = Bullish New 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 is currently +21% in a Bullish New Phase. Newly changed to positive as of yesterday, April 1. A bull is not fully established and could falter but things are looking up.

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

The dashboard shows widespread improvement over last week in both Tech and Financials. Oil weakened and Metals strengthened.

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

XLF Financials and XLY Consumer Discretionary along with XLU Utilities were strong, XLE Energy 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.