Market Dashboard

close 10/2/26
Leading area this month: US Equity (avg 6-month momentum +7.0%). Broad tape is risk-on — equities above bonds on momentum.
1 Cross-Asset Relative Strength total-return momentum across 41 benchmarks · regime lens, not a trade signal

This month’s picks · top-3 areas, best-1 each

US Equity
QQQ
US Nasdaq-100
6-mo mom +12.5%
Intl Equity
EWJ
Japan
6-mo mom +11.6%
Bonds
BIL
T-Bills (cash)
6-mo mom +0.0%

Area leadership · avg 6-mo momentum

US Equity+7.0%
Intl Equity+2.5%
Bonds-3.4%
Commodities-3.9%
Real Estate-8.3%

Full ranking board · ranked by 6-month momentum (relative strength)

★ current pick  ·  ● selectable by the signal  ·  unmarked = shown for context only (short history / thematic, not in the signal’s pool)
#SymBenchmarkArea1M3M6M · RS12M
1 MTUMUS MomentumUS Equity+8.9+0.6+31.7+27.0
2★ QQQUS Nasdaq-100US Equity+5.8+3.8+28.4+24.8
3 IBITBitcoinCrypto+9.0+32.1+25.7-28.5
4● VUGUS GrowthUS Equity+4.2+5.3+24.0+14.0
5● AAXJAsia ex-JapanIntl Equity+1.2+0.5+23.4+30.3
6● SPYUS Large (S&P500)US Equity+0.8+2.7+17.9+16.4
7★ EWJJapanIntl Equity+3.0+3.8+16.6+28.6
8 ACWIAll-Country WorldIntl Equity-0.0+1.3+15.6+17.0
9 CPERCopperCommodities-0.0+4.4+15.0+31.1
10● IWMUS Small (R2000)US Equity-4.0-5.6+12.6+17.3
11● VTVUS ValueUS Equity-3.2-0.5+11.3+18.6
12● VWOEmerging MktsIntl Equity-1.8-0.7+11.0+11.7
13● DBCBroad CommoditiesCommodities+1.9+20.5+10.9+49.6
14● RSPUS S&P500 Eq-WtUS Equity-3.7-2.1+9.4+12.1
15● EFADev ex-US (EAFE)Intl Equity-2.9-1.4+7.8+14.2
16● USOCrude OilCommodities+4.4+41.2+6.9+101.5
17 USMVUS Min-VolUS Equity-2.4+0.7+5.9+4.9
18● EWGGermanyIntl Equity-5.1-3.2+5.6-0.0
19● VGKEuropeIntl Equity-4.8-3.8+5.5+10.3
20● DBAAgricultureCommodities-3.6+2.4+3.9+9.0
21 UUPUS DollarFX+2.6+2.0+3.7+8.6
22★ BILT-Bills (cash)Bonds+0.3+0.9+1.8+3.7
23● EWUUnited KingdomIntl Equity-4.2-2.2+1.3+12.3
24● VNQUS REITsReal Estate-5.7-7.2+0.9+1.4
25● EWZBrazilIntl Equity+0.3+9.4+0.5+30.5
26● SHYUS 1-3y TreasuryBonds-0.4-0.2+0.2+1.5
27 INDAIndiaIntl Equity-6.9-6.7-0.3-11.2
28● HYGUS High YieldBonds-2.3-2.3-0.4+0.8
29● ILFLatin AmericaIntl Equity-3.4+2.5-0.5+27.5
30● EMBEM BondsBonds-3.8-5.2-1.5-0.2
31● TIPUS TIPSBonds-2.6-3.3-2.8-2.3
32● AGGUS Agg BondBonds-2.3-3.5-3.1-2.1
33● LQDUS IG CorpBonds-2.9-5.1-4.4-4.3
34● IEFUS 7-10y TreasuryBonds-3.1-4.5-4.6-4.0
35● VNQIIntl REITsReal Estate-6.1-8.2-6.4-8.1
36● GDXGold MinersCommodities-10.1+11.5-7.2+14.6
37 MCHIChinaIntl Equity-6.1-1.5-7.6-21.2
38● TLTUS Long TreasuryBonds-5.1-8.2-8.6-9.2
39● GLDGoldCommodities-5.6-0.5-11.5+6.8
40● SLVSilverCommodities-7.3-2.4-16.8+27.6
41 URAUraniumCommodities-10.2-9.3-18.6-13.6
2 Market Breadth last 30 sessions · NYSE / NASDAQ / S&P 500 internals
Breaking down
Breadth momentum is firming: the 10-session Up-Issues average has risen to ~45% from ~41% two weeks ago. The slower trend has also turned: the 30-day advance-decline line and/or net new highs are no longer net positive across the board. Today was a mixed tape (NASDAQ only 57% advancing). Net: participation is contracting on both the fast and slow measures — a risk-off breadth signal.
NYSEImproving
1,676/1,077Up 61%NetHi -98TRIN 1.05>50d 24%>200d 40%
NASDAQImproving
2,816/2,099Up 57%NetHi -150TRIN 0.86>50d 34%>200d 43%
S&P 500Improving
293/208Up 58%NetHi -14TRIN 1.09>50d 25%>200d 43%
Price vs A-D line
Price -4.3%A-D -9,516r=+0.87
Price +3.9%A-D -14,096r=+0.84
Price +0.6%A-D -1,812r=+0.65
Net New Highs
avg -157
avg -182
avg -8
Up-Issues % (10d avg)
44% now (was 41% prior 10d)
46% now (was 43% prior 10d)
46% now (was 39% prior 10d)
% Above 50-day MA
24% now (was 29% 10 sessions ago)
34% now (was 39% 10 sessions ago)
25% now (was 28% 10 sessions ago)
% Above 200-day MA
40% now (was 46% 10 sessions ago)
43% now (was 46% 10 sessions ago)
43% now (was 49% 10 sessions ago)
3 High-Beta vs Low-Vol SPHB/SPLV relative strength vs its own 63d trend · watch-only, not a trade signal
HIGH BETA LEADING
High Beta has led Low Vol for 12 sessions (since 9/17/26), currently 11.1% above its 63-day trend. Historically the smoother, higher-Sharpe regime for SPY — nothing to act on by itself.
SPHB/SPLV ratio 2.185 63d MA 1.966 vs MA +11.1% As of 10/2/26
90 sessions% above / below 63d MA
RS = 6-month total return (the measure that drives the picks); board marks ★ picks / ● selectable. Breadth: A-D line = cumulative net advancers rebased to 0; Net New Highs = 52-wk highs−lows; verdict compares the last-10-session Up-Issues average to the prior 10. Cross-asset block is a regime lens only (not tradeable as a sleeve; +0.61 correlated with the IRA book). High-Beta vs Low-Vol: gauntlet-killed as a timing rule (2026-09-27, native CSCV/PBO ~coin-flip) — shown for context only, never a trigger. Source: Norgate Data. Generated by market_dashboard.py.