Today's number is... 51%

Only 51% of Nasdaq 100 stocks are trading above their 200-day moving average.

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Today's number is... 2

Two different trading environments, and this year is not last year’s market.

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Today's number is... 3

Three market caps advance–decline lines are advancing together, large, mid, and small.

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Today's number is... 5

Consumer Staples versus the S&P 500 just hit a 5-month high.

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Today's number is... 2

The tactical model has two active parts, size and style, showing wide gaps with Small Caps leading by 5.2% and Value leading by 6.7% year to date.

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Today's number is... 2

Two factor trends are moving in opposite directions at the same time.

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Today's number is... 1

The first month of the year is now finished, and small caps did most of the work.

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Today's number is... 100%

The ETF Canary In The Coal Mine Composite Trend Position Score is 100%, and the Trend Direction Score is also 100%.

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Today's number is... 21%

Software is down 21% from its highs, while semiconductors sit at all-time highs.

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Today's number is... 96.0

The US Dollar Index just hit fresh 52-week lows at 96.0, the lowest level since February 2022.

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Today's number is... 4

Yesterday, the S&P 500 logged its 4th all-time high of 2026.

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Today's number is... 71.5%

The S&P 500 has traded above its 10-month moving average 71.5% of the time since 1950.

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Today's number is... 6

Materials vs the S&P 500 just hit a 6-month high after a long stretch of relative weakness.

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Today's number is... 11

High Yield Bonds versus Treasuries just pushed to an 11-month high.

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Today's number is... 6

Six key sentiment and positioning reads I track each week to gauge crowd pressure.

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Today's number is... 4

Four different relative relationships are moving in different directions at the same time.

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Today's number is... 88.8%

Global markets have posted more 52-week highs than 52-week lows on 166 of the past 187 trading days since April 22, 2025.

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Today's number is... 100%

100% of developed markets are trading above both their 50-day and 200-day moving averages.

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Today's number is... 100%

The percentage of S&P 500 sectors trading above their 200-day moving average just pushed back to 100%, the highest level since November 2024.

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Today's number is... 0.30

Equal-weight Industrials just pushed to a new relative high versus the equal-weight S&P 500.

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Today's number is... 70

Roughly 70% of stocks across large, mid, and small caps are now above their 50-day moving averages.

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Today's number is... 11.4%

NYSE Weekly Net New Highs just reached 11.4%, the highest reading since 2024.

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Today's number is... 5

The first five trading days of January are complete, and the S&P 500 finished the window up 1.1%.

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Today's number is... 3

Three key leadership ratios are trading below their most important levels right now.

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