Today's number is... 3

Three cyclical vs defensive ratios are breaking out together across large, mid, and small caps.

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Today's number is... 100

The Canary In The Coal Mine Composite is sitting at 100, with all eight canaries back above their 200-day moving average, and all are trending higher.

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Today's number is... 20

20-day highs are surging, with 58% of small caps, 48% of mid caps, and 43% of large caps pushing to fresh short-term highs.

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Today's number is... 1.74

The High Beta vs Low Volatility ratio just broke out to fresh all-time highs at 1.74.

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Today's number is... 5

The S&P 500 just printed its 5th all-time high of the year.

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Today's number is... 2

Two leadership groups are already at all-time highs.

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Today's number is... 2

Two risky areas of the market, Small Caps and Micro Caps, have followed the same multi-year basing pattern breakout, retest, and expansion attempt.

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Today's number is... 147

My custom Risk-On vs Risk-Off ratio is back testing the 147 level.

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Today's number is... 13

The S&P 500 spent 13 days below its 200-day moving average before reclaiming it with a 2.5% rally yesterday.

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Today's number is... 0.123

The Consumer Staples vs S&P 500 ratio sits at 0.123, near its lowest level since early February.

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Today's number is... 1.17

The ratio of inflation-protected Treasury bonds vs. 7–10 year Treasury bonds just reached 1.17 as it pushes to fresh 52-week highs.

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Today's number is... 299

299 was the breakdown level for the Magnificent Seven. But the market just reclaimed it.

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Today's number is... 10

One quarter of the year is finished, and the S&P 500 sits at –3.9% for 2026 so far.

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Today's number is... 10

The S&P 500 and the Dow Jones closed below their 10-month moving averages at the end of March.

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Today's number is... 0%

Not one of the six major US stock indexes I track is trading above any major moving average.

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Today's number is... 17

NYSE stocks have recorded 17 consecutive days where new lows exceeded new highs.

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Today's number is... -24.8%

The average Technology stock is down -24.8% from its 52-week high, already deep in bear market territory. 

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Today's number is... 38.1%

Average bearish sentiment just climbed to 38.1%, the highest reading since May 2025.

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Today's number is... 38.4%

38.4% of S&P 500 stocks are down 20% or more from their 52-week highs.

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Today's number is... 29.9

The S&P 500’s 14-day RSI just dropped below 30 and now sits at 29.9, flipping the RSI Momentum Regime to bearish.

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Today's number is... 214

The S&P 500 just ended a 214-day streak above its 200-day moving average.

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Today's number is... 9

9 of 11 S&P 500 sectors are trading below their 50-day moving average.

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Today's number is... 0.26

Moody’s Baa corporate bond yield 26-week momentum is at 0.26, back above zero.

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Today's number is... 9

The Zweig Breadth Thrust has 9 trading days left to move from below 0.40 to above 0.615.

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