Daily Market Brief
AI-generatedNeutral-Down: XLV leads the SPDR 11: SPY trend Defensive: 1 big mover: 1 in a squeeze for over a week
November 9, 2026 · Data through the US close · Auto-generated from quantitative models
Final since . The numbers on this page do not change after that.
Before the Bell
Watch this session
The same session in about 2 min 17 sec, if you would rather watch than read. The written brief below goes further than the episode.

Pressing play loads the video from YouTube, which is run by Google. Watch on YouTube, or read the full transcript below.
This episode is narrated by a synthetic voice from our own quantitative data, and every claim in it is checked against that data before it goes out.
Read the full transcriptHide the transcript
Full transcript
- 0:00Market Conditions moved from Unfavorable at 32.5 to Neutral Down at 52.5. Mixed, conditions softening
- 0:10Under the surface, Breadth is supportive, while Trend still needs attention. Two of the seven lights are green, so the backdrop is fragile and worth treating with care.
- 0:22S P Y is between its fifty-day and two-hundred-day averages, so the trend is mixed. Breadth is broad, with eight of the eleven sectors above the two-hundred-day average.
- 0:34Our macro economic indicator reads 63.6, which is Moderate Growth. Employment is the strongest part of it, and Monetary Policy the weakest.
- 0:46Healthcare leads the sector table. Staples moved down 3 places, as shown by the movement column.
- 0:53What we're watching next. X L P (Staples) dropped 3 ranks to number 5. X L I has been in a T T M Squeeze for 26 days in a row, so its price range has narrowed. Watch X L V: seasonal score bullish (92/100), X L Y: seasonal score bullish (90/100), X L F: seasonal score bullish (91/100), X L R E: seasonal score bullish (81/100), X L P: seasonal score bullish (87/100), X L B: seasonal score bullish (90/100), X L C: seasonal score bullish (80/100), X L I: seasonal score bullish (91/100), X L K: seasonal score bullish (88/100) for confirmation of the next rotation move.
- 1:38Sector Rotation Monitor is the dashboard these numbers come from. It covers global and European markets, commodities, bonds, U S industries, factors, and crypto. Built-in presets show how every group ranks today, and watchlists with configurable alerts tell you when a ranking you follow moves. It's free to try for fourteen days at sector rotation monitor dot com, so you can look at the data yourself and decide what it's worth to you. And if these briefings are useful, subscribing keeps them coming. This is general information, not personal advice.
Educational commentary, not investment advice. See full disclaimer.
Market Conditions are Neutral-Down (score 52.5/100): main risks: distribution red, credit red. Underlying SPY trend is Defensive with MEI at 63.6/100 (MODERATE GROWTH) and sentiment reading NEUTRAL. Healthcare (XLV) leads at #1 with a Strong signal and score 80.2, while Technology (XLK) trails at #11. 1 sector moved 3+ ranks today.
Market Conditions
Neutral-Down52.5/100
Mixed: conditions softening
Main risks: Distribution (red) • Credit (red)
Synthesised from trend, breadth, distribution, volatility, credit, internals, and macro inputs. See the Market Conditions tab for full detail on each light.
US Market Indicators
All indicators are based on US equity markets and economic data.
SPY Sentiment?
NEUTRAL
53.5/100
Macro Economic Indicator?
MODERATE GROWTH
63.6/100
Economic Regime?
Stagflation
growth -2.1 · prices 0.0 · too close to call
US Sector Rotation (SPDR 11)
| Rank | Δ | Sector | Signal | Quadrant | Score |
|---|---|---|---|---|---|
| 1 | → | XLV | Strong | Leading | 80 |
| 2 | ↑1 | XLY | Stable | Leading | 77 |
| 3 | ↑1 | XLF | Strong | Leading | 74 |
| 4 | ↑1 | XLRE | Strong | Leading | 74 |
| 5 | ↓3 | XLP | Stable | Leading | 73 |
| 6 | → | XLB | Strong | Leading | 71 |
| 7 | → | XLU | Stable | Leading | 70 |
| 8 | → | XLC | Weak | Leading | 60 |
| 9 | → | XLI | Weak | Leading | 59 |
| 10 | → | XLE | Weak | Lagging | 35 |
| 11 | → | XLK | Weak | Lagging | 21 |
Notable Changes
What to Watch
Sectors near a signal threshold or with elevated seasonal tailwinds.
- ›XLV: seasonal score bullish (92/100)
- ›XLY: seasonal score bullish (90/100)
- ›XLF: seasonal score bullish (91/100)
- ›XLRE: seasonal score bullish (81/100)
- ›XLP: seasonal score bullish (87/100)
- ›XLB: seasonal score bullish (90/100)
- ›XLC: seasonal score bullish (80/100)
- ›XLI: seasonal score bullish (91/100)
- ›XLK: seasonal score bullish (88/100)
Sector Readings
Historically stronger with this economic indicator reading
Sectors that have historically done well when this reading looks like it does today. That is history, not a forecast.
XLV, XLP, XLU
Persistent Weakness
Sectors with an Avoid signal or in Stage 4 (Declining), excluding the historically stronger sectors above. A description, not advice.
XLC, XLK
Want the full picture?
The dashboard shows 80+ fields per ETF, entry timers, holdings drill-down, and 10 asset universes, all interactive.
View Dashboard →