Mingdom Alpha
Market RegimeRisk Onbudget: Selective · breadth: Mixed · as of 2026-07-21SPY↑ UptrendQQQ→ PullbackIWM↑ UptrendRSP↑ Uptrend
Market Regime
Risk Onbudget: Selective · breadth: Mixed · as of 2026-07-21
SPY↑ UptrendQQQ→ PullbackIWM↑ UptrendRSP↑ Uptrend
Data Warnings
- Price panel is mixed-date; treat breadth as approximate until prices align.
Market Diagnostics
- 50d and 200d breadth have material disagreement; do not collapse them into one risk-on/off read.
Playbook Policy
Active portfolio exposure target settings.
value proxy leadership is strongest in current benchmark rows.
continuation tape with mixed breadth and selective risk budget.
Reversal permission follows continuation behavior; risk budget is selective.
Extended momentum needs broad, confident risk-on tape.
Use Alpha Rank and RS Rank together when regime and breadth are supportive.
Market Health & Breadth
- 20d EMA BreadthPercentage of active tickers trading above their 20-day Exponential Moving Average (short-term momentum).
- 328 / 618 (53.1%)
- 2 Closes Below 20d EMAPercentage of active tickers with 2 consecutive daily closes below their 20-day EMA (short-term weakness).
- 224 / 618 (36.2%)
- 50d SMA BreadthPercentage of active tickers trading above their 50-day Simple Moving Average (medium-term trend).
- 59.2%
- 200d SMA BreadthPercentage of active tickers trading above their 200-day Simple Moving Average (long-term structural trend).
- 61.4%
- Both 50d & 200dPercentage of active tickers trading above both their 50-day SMA and 200-day SMA.
- 279 / 617 (45.2%)
- 50d / 200d DisagreementPercentage of active tickers with conflicting trend directions (above 50d but below 200d, or vice versa).
- 187 / 617 (30.3%)
- Median 3m ReturnThe midpoint of 3-month trailing returns across the active coverage universe.
- 2.5%
- Return DispersionThe standard deviation or spread of returns across tickers, showing market rotation and polarization.
- 425.3%
Data Freshness
- Latest date
- 2026-07-21
- Stale rows
- 363 / 618 (58.7%)
- Oldest date
- 2026-07-02
ETF Trend Tape
| ETF | Role | State | 1m | 3m | Vs SPY | 20d | 50d | 200d |
|---|---|---|---|---|---|---|---|---|
| SPY | Market Beta | Uptrend | 0.2% | 5.6% | 0.0% | Y | Y | Y |
| QQQ | Growth Beta | Pullback | -4.3% | 9.6% | +4.0% | 2d below | N | Y |
| IWM | Small Cap Risk | Uptrend | 0.3% | 6.9% | +1.3% | Y | Y | Y |
| RSP | Equal Weight Breadth | Uptrend | 1.3% | 4.4% | -1.2% | Y | Y | Y |
| VUG | Growth Style | Pullback | -1.0% | 4.9% | -0.7% | Y | N | Y |
| VTV | Value Style | Uptrend | 1.0% | 7.0% | +1.5% | Y | Y | Y |
| MTUM | Momentum Factor | Pullback | -7.1% | 15.0% | +9.4% | 2d below | N | Y |
| QUAL | Quality Factor | Uptrend | 1.0% | 5.6% | +0.0% | Y | Y | Y |
| USMV | Defensive Factor | Pullback | 2.5% | 1.9% | -3.7% | 2d below | Y | Y |
| SMH | Semiconductor Leadership | Pullback | -11.5% | 25.9% | +20.3% | 2d below | N | Y |
| IGV | Software Leadership | Downtrend | 3.1% | 6.4% | +0.8% | N | N | N |
| XLF | Financials Sector | Uptrend | 4.7% | 6.6% | +1.0% | Y | Y | Y |
| XLI | Industrials Sector | Pullback | -1.2% | 2.7% | -2.8% | 2d below | Y | Y |
| XLY | Discretionary Sector | Downtrend | -2.0% | -4.2% | -9.8% | 2d below | N | N |
| XLP | Staples Sector | Pullback | 0.9% | 2.0% | -3.6% | N | N | Y |
| XLV | Healthcare Sector | Uptrend | 7.3% | 8.7% | +3.1% | Y | Y | Y |
| XLU | Utilities Sector | Pullback | 0.4% | -1.8% | -7.4% | 2d below | Y | Y |
| XLE | Energy Sector | Uptrend | 8.8% | 6.2% | +0.6% | Y | Y | Y |
| HYG | Credit Risk | Downtrend | -0.4% | -1.2% | -6.7% | 2d below | N | N |
| LQD | Credit Quality | Downtrend | -2.0% | -2.9% | -8.5% | 2d below | N | N |
| TLT | Duration Risk Off | Downtrend | -3.6% | -3.9% | -9.5% | 2d below | N | N |
| IEF | Rates Context | Downtrend | -1.1% | -2.6% | -8.2% | 2d below | N | N |
Leading Groups
| Group | 3m | 50d | 200d | N |
|---|---|---|---|---|
| Semiconductors | 14.1% | 15.2% | 90.6% | 33 |
| Financials | 8.3% | 78.3% | 67.4% | 46 |
| Financial Services | 7.5% | 82.4% | 73.5% | 34 |
| Healthcare | 7.5% | 82.6% | 65.2% | 69 |
| Consumer Defensive | 6.5% | 74.3% | 57.1% | 35 |
Lagging Groups
| Group | 3m | 50d | 200d | N |
|---|---|---|---|---|
| Technology | -6.4% | 38.2% | 54.5% | 55 |
| Communication Services | -5.7% | 44.8% | 37.9% | 29 |
| Energy | -3.5% | 52.0% | 72.0% | 25 |
| Consumer Cyclical | -2.3% | 59.0% | 44.3% | 61 |
| Utilities | -2.1% | 67.6% | 73.5% | 34 |
Computed Labels
| Label | Value | Reason |
|---|---|---|
| Risk budget | Selective | - |
| Market risk | Risk On | - |
| Breadth state | Mixed | - |
| Continuation | Selective | continuation tape with mixed breadth and selective risk budget. |
| Reversal | Selective | Reversal permission follows continuation behavior; risk budget is selective. |
| Extended momentum | Selective | Extended momentum needs broad, confident risk-on tape. |
| Style | Value | value proxy leadership is strongest in current benchmark rows. |
| Trust | Selective Cross Check | Use Alpha Rank and RS Rank together when regime and breadth are supportive. |
Alpha Rank
Ranked by market RS. Core score remains visible as a secondary lens. · 6 shown · as of 2026-07-21 · filter: any RS.
Filters
| #Displayed row position. | Ticker | CoreCore: pure Alpha model score. Click to sort Core first; the default table order is RS first. | RSRS Rank: pure stock-vs-market relative strength percentile. Click to sort. | BusinessClick sector or industry to filter peers. Click again to clear that facet. |
|---|---|---|---|---|
| 1↑+2 (prior: #51) | STTState Street CorporationSector: Financial ServicesIndustry: Asset ManagementOpen STT on Seeking Alpha in a new tab.52-Week Range Position: 90%. Current price location relative to the 52-week low (0%) and 52-week high (100%).State Street CorporationFinancial ServicesAsset ManagementCore 54.5RS 91.3 | 54.5 | 91.3 | State Street CorporationFinancial ServicesAsset Management |
| 2↓-11 (prior: #83) | BENFranklin Resources, Inc.Sector: Financial ServicesIndustry: Asset ManagementOpen BEN on Seeking Alpha in a new tab.52-Week Range Position: 83%. Current price location relative to the 52-week low (0%) and 52-week high (100%).Franklin Resources, Inc.Financial ServicesAsset ManagementCore 78.6RS 84.1 | 78.6 | 84.1 | Franklin Resources, Inc.Financial ServicesAsset Management |
| 3newNew to list | IVZInvesco Ltd.Sector: Financial ServicesIndustry: Asset ManagementOpen IVZ on Seeking Alpha in a new tab.52-Week Range Position: 92%. Current price location relative to the 52-week low (0%) and 52-week high (100%).Invesco Ltd.Financial ServicesAsset ManagementCore 80.0RS 68.6 | 80.0 | 68.6 | Invesco Ltd.Financial ServicesAsset Management |
| 4newNew to list | BLKBlackRock, Inc.Sector: Financial ServicesIndustry: Asset ManagementOpen BLK on Seeking Alpha in a new tab.52-Week Range Position: 40%. Current price location relative to the 52-week low (0%) and 52-week high (100%).BlackRock, Inc.Financial ServicesAsset ManagementCore 35.0RS 30.6 | 35.0 | 30.6 | BlackRock, Inc.Financial ServicesAsset Management |
| 5newNew to list | APOApollo Global Management, Inc.Sector: Financial ServicesIndustry: Asset ManagementOpen APO on Seeking Alpha in a new tab.52-Week Range Position: 35%. Current price location relative to the 52-week low (0%) and 52-week high (100%).Apollo Global Management, Inc.Financial ServicesAsset ManagementCore 80.0RS 19.0 | 80.0 | 19.0 | Apollo Global Management, Inc.Financial ServicesAsset Management |
| 6newNew to list | KKRKKR & Co. Inc.Sector: Financial ServicesIndustry: Asset ManagementOpen KKR on Seeking Alpha in a new tab.52-Week Range Position: 20%. Current price location relative to the 52-week low (0%) and 52-week high (100%).KKR & Co. Inc.Financial ServicesAsset ManagementCore 73.3RS 15.6 | 73.3 | 15.6 | KKR & Co. Inc.Financial ServicesAsset Management |