Clarity
Live market desk↑ What changedTech leadership rotating into discretionary
See what matters now, what changed, and which theme or asset to open first.
Mode
Live Market Briefing
Session
After-hours
Updated
Live now
Lead setup right now
Cyclical Acceleration
ConfirmedDiscretionary and industrials absorbing flows as rates stabilize. Earnings beat on operational leverage.
Open the lead theme first, then use the confirmer and break levels to decide whether this setup is still worth your time.
Model agreement
74
Why it matters
10Y compression past 4.15% unlocked cyclical demand. Q1 beats: 200bp+ EBIT surprise in discretionary.
What to watch
Regional banks (KRE above $52.80). Transports (IYT) need breadth expansion.
What breaks it
10Y above 4.35% or crude below $76. ISM Services miss Wed. XLY breadth below 65%.
Leader
Top theme leader
The asset or group leading the current theme. Treat this as the focal name to watch for follow-through, exhaustion, or failure.
Breadth
74%
Theme breadth expanding
How many names inside the theme are participating. Higher breadth usually means the move is easier to trust; falling breadth means the setup is narrowing.
Live signals
2,847 / 1,003
Active / inactive
A live count of signals in play versus dormant ones. More active signals usually means more market attention, but quality still matters more than volume.
Walkforward
74
Model stability
A stability check on the model behind the page. Higher is safer to trust; lower means the setup or scoring deserves more skepticism.
Participation
74%
Breadth of the move
How much of the theme is actually involved in the move. A fuller bar means the theme is spreading; a shorter bar means it is still narrow or early.
On Deck
Other themes worth opening after the lead setup
Ranked Board
Rank
Theme
Stage
Leader
Conv.
Names
Why it matters
What Changed Around The Lead Setup
Read this as change, not predictionSession Delta
Use this section to see what improved, what weakened, and what still needs proof. It is a filter for attention, not a standalone trade signal.
↑ Strengthening Now
Gaining strength since the last check
XLY+2.8% → +3.1%
XLI+1.2% → +1.7%
IWM+1.3% → +1.6%
↓ Breaking Down
Losing support since the last check
XLU+0.3% → -0.4%
TLTFlat → -0.5%
XLK+0.1% → -0.2%
→ Early Setups
New attention worth monitoring
XLEBuilding base at +0.9%
XMETesting resistance
GLDVolume pickup on +0.4%
○ Watch for Confirmation
Needs proof before you act
KREHolding +1.4%, watch $52.80
SMHTesting $245 breakout
IYTLagging, needs catch-up
Where It’s Spreading
Sectors helping the lead setup broadenBreadth
Helping sectors
Consumer Discretionary
AMZN, HD, TGT, NKE, SBUX
+2.8%
Industrials
CAT, DE, BA, UNP, GE
+1.9%
Financials
JPM, BAC, GS, MS, C
+1.4%
Still lagging
Healthcare
Lagging on biotech weakness
-0.1%
Real Estate
Underperforming despite rate relief
+0.2%
Utilities
Weakness on risk-on rotation
-0.4%
Other sectors joining in
Regional banks participating (KRE +1.4%)
Materials showing early strength (XLB +0.8%)
Small caps outperforming (IWM +1.6%)
Next confirmation
Semiconductors — SMH testing $245 breakout level
Energy — XLE needs crude hold above $76 to confirm
Transports — IYT lagging, watching for catch-up
Cross-Market Support
Secondary check for the lead setupCross-market
Use this as a secondary read. If other markets are helping, conviction improves. If they are hurting, be more patient or smaller.
Rates
Aligned10Y Yield
4.18% -4bp
2s10s Curve
+47bp
Real Yields
1.94% -3bp
Yield compression and curve steepening support cyclical rotation
Commodities
AlignedCrude Oil
$78.40 +1.2%
Copper
$4.32 +0.8%
Gold
$2,018 +0.4%
Industrial metals rising confirms demand-driven growth narrative
Currency
NeutralDXY
103.2 -0.1%
EUR/USD
1.0842 +0.1%
JPY/USD
149.8 -0.2%
Dollar flat, neither confirming nor contradicting equity move