Today's number is... 2

These are two key stress metrics I follow — the BofA US High Yield Option-Adjusted Spread and the St. Louis Fed Financial Stress Index — and they’re near their lows, telling me there’s not...

Today's number is... 7%

The NYSE + NASDAQ Net New Highs (new highs minus new lows) is at 7%, the strongest daily reading since 25 November 2024.

Here’s the chart:

Let's break down what the...

Today's number is... 16

That’s how many all-time closing highs the S&P 500 has posted so far in 2025.

Here’s the chart:

Let's break down what the chart shows:

• The bar chart plots the number of S...

Today's number is... -1.3

The two-week spread between NYSE+NASDAQ 52-week highs and 52-week lows is -1.3 — a slight negative tilt.

Here’s the chart:

Let's break down what the chart shows:

Today's number is... 230.3

The Philadelphia Gold & Silver Index closed at the end of last week at 230.3, which is a fresh all-time high — its first in over 14 years.

Here’s the chart:

Let's...

Today's number is... 22

The S&P 500 market-cap vs equal-weight ratio just cleared a long-term base — its first breakout in 22 years.

Here’s the chart:

Let's break down what the chart shows...

Today's number is... 29%

The largest S&P 500 stocks have gained an average of 29% since April — leading from the front, with no signs of stress.

Here’s the chart:

Let's break down what the...

Today's number is... 8

We are now in the 8th month of the year, and historically the most volatile one.

Here’s the charts:

Let's break down what the charts shows:

• The first...

Today's number is... 45.7%

45.7% of S&P 500 stocks are still in full uptrends — trading above both their 50-day and 200-day moving averages.

Here’s the chart:

Let's break down what the...

Today's number is... 5%

6,070 marks a 5% pullback from the highs — and it’s the first real support zone in play.

Here’s the chart:

Let's break down what the chart shows:

• The top...

Today's number is... 0.126

This is the lowest reading ever for Consumer Staples vs. the S&P 500.

Here’s the chart:

Let's break down what the chart shows:

• The top panel plots the XLP/SPY ratio in...

Today's number is... 3

That’s 3 months of typical chop in post-election years — August through October.

Here’s the chart:

Let's break down what the chart shows:

•  The ...

Today's number is... 4

That’s how many market regimes this model tracks — and right now we’re sitting in the most bullish one.

Here’s the chart:

Let's break down what the chart shows:

• The top panel...

Today's number is... 6

That’s how many consecutive sessions the S&P 500 has closed at a new all-time high.

Here’s the chart:

Let's break down what the chart shows:

• The top panel shows the S&P...

Today's number is... 180

That’s how many S&P 500 stocks are currently in a full 4-for-4 uptrend — the highest count since December 2024.

Here’s the chart:

Let's break down what the chart shows:

• ...

Today's number is... 21

That’s 21 straight sessions the S&P 500 has gone without a ±1% daily move — the longest stretch of calm in 2025.

Here’s the chart:

Let's break down what the chart...

Today's number is... 63%

That’s the percentage of S&P 500 stocks currently above their 200-day moving average — a new high for 2025.

Here’s the chart:

Let's break down what the chart shows:

• The...

Today's number is... 100%

That’s full global alignment — My Global Composite remains at 100%, with every major region trending higher.

Here’s the chart:

Let's break down what the chart shows:...

Today's number is... 2nd

That’s where the Growth vs. Value ratio now sits — just below its all-time high from December 2024.

Here’s the chart:

Let's break down what the chart shows:

• The black...

Today's number is... 23

That’s how many consecutive days new highs on the NYSE + NASDAQ have outnumbered new lows.

Here’s the chart:

Let's break down what the chart shows:

• The top panel shows the S...

Today's number is... -0.2

That’s the current Z-score of the S&P 500’s 1-year return — right near its 5-year average.

Here’s the chart:

Let's break down what the chart shows:

• The top panel plots...

Today's number is... -406

The S&P 500 slipped just 0.4%, but net decliners totaled –406.

Here’s the table:

Let's break down what the table shows:

• This table highlights the 30...

Today's number is... 2

There are two sides to this tape — cyclicals climbing, defensives drowning.

Here’s the chart:

Let's break down what the chart shows:

• This table compares 11 S...

Today's number is... 13

13 of the 19 key risk ratios now favor the Risk-On asset, up from just nine last month.

Here’s the chart:

Let's break down what the chart shows:

• This chart...