Semiconductors leads a split tape — 53 points clear of Energy on 3-month relative strength.
Elsewhere, 67% of S&P names hold their 200-day, while the VIX holds at 16.1, unremarkable.
The S&P 500 closed at 7,483. Under the surface, 67% of index members are above their 200-day moving average and 68% are above their 50-day. SPY itself holds 8.1% above its own 200-day, keeping the long-term trend gate on. New 52-week highs outnumber new lows 54 to 0. Volatility is unremarkable, with the VIX at 16.1.
Across sectors, Semiconductors (SMH) leads on three-month relative strength versus SPY at +32.6%, with Technology next at +17.5%. At the other end, Energy (XLE) lags at -20.8%, with Communication Services not far ahead at -13.5%.
This note is auto-generated from Tapelab's nightly market data. It reports what the data said on the date above — research commentary, not investment advice.