2026-05-22 19:27
Automated Market Intelligence
MorningSignal Research
Health Care led the session at +1.17%, while Communication Svcs lagged at -0.55%, with UNG -3.44% setting the thematic tone.
S&P +0.39% QQQ +0.42% 2026-05-22
Market Signal
RISK ON
Score 0.55
Tape Source
Fallback
Data-derived commentary
Breakout Scan
15
Setups passing the model today
Platform
Daily · Weekly
Podcast and earnings feeds included
At A Glance
Market Snapshot
Core index performance and year-to-date context.
S&P 500
$745.64
+0.39% today · +9.44% YTD
Nasdaq 100
$717.54
+0.42% today · +17.18% YTD
Russell 2000
$285.12
+0.93% today · +14.81% YTD
Dow Jones
$506.12
+0.60% today · +5.15% YTD
Desk Read
Today's Tape
Sector commentary generated from the day’s market data and headline set.
Health Care led the session at +1.17%, while Communication Svcs lagged at -0.55%, with UNG -3.44% setting the thematic tone.
Health Care +1.2%
Health Care led the sector leaderboard at +1.17% as the strongest large-cap gainers were QCOM +11.60%, ZS +6.64%, SMCI +6.34%.
Communication Svcs -0.6%
Communication Svcs was the weakest major group at -0.55% with pressure concentrated in COIN -4.43%, UBER -2.43%, COST -2.11%.
Commodities — Natural Gas -3.4%
UNG moved -3.44% on the day and -3.44% over 5 days, giving the market a clear read on thematic leadership.
Factor & Regime +0.5%
Momentum led the factor complex at +0.48% while Low Vol trailed at +0.54%. Market signal registered RISK ON at +0.55.
Industry Leaders — Automobile Manufacturers +4.3%
At the GICS sub-industry level, leadership came from Automobile Manufacturers +4.26%, Personal Care Products +4.12%, Technology Hardware, Storage & Peripherals +3.57%. Universe breadth: 58% of S&P 1500 names above their 50-day MA, 57% above the 200-day.
Industry Laggards — Wireless Telecommunication Services -2.0%
Weakest sub-industries today: Wireless Telecommunication Services -1.97%, Consumer Staples Merchandise Retail -1.91%, Integrated Telecommunication Services -1.70%.
Moving-Average Cross Events +0.0%
Industry golden crosses: Managed Health Care, Health Care Services; Industry death crosses: Aerospace & Defense; Industry 200d reclaims: Hotels, Resorts & Cruise Lines, Broadline Retail, Investment Banking & Brokerage, Passenger Airlines, Electric Utilities; Industry 200d losses: Health Care Supplies, Investment Banking & Brokerage, Hotels, Resorts & Cruise Lines; Industry EMA(12/26) bull crosses: Household Products, Property & Casualty Insurance, Broadline Retail, Air Freight & Logistics, Passenger Airlines; Industry EMA(12/26) bear crosses: Building Products, Specialty Chemicals, Broadcasting.
Geopolitics +0.0%
12 active headlines tagged Geopolitics. Top items: [CNBC] Kevin Warsh's real Fed 'regime change' may happen deep inside Wall Street's plumbing; [CNBC] What new Fed chair Kevin Warsh may mean for markets
Fed / Macro +0.0%
12 active headlines tagged Fed/Macro. Top items: [CNBC] Kevin Warsh's real Fed 'regime change' may happen deep inside Wall Street's plumbing; [CNBC] What new Fed chair Kevin Warsh may mean for markets
AI / Tech +0.0%
12 active headlines tagged AI/Tech. Top items: [CNBC] An under-the-radar AI stock just delivered the best quarter of the chip sector; [CNBC] Alibaba's core profit plunges 84% as CEO defends AI investments
Earnings Tape +0.0%
12 active headlines tagged Earnings. Top items: [CNBC] Hims & Hers plummets 13% after first-quarter loss, weak earnings guidance; [CNBC] Nintendo plunges 8% after Switch 2 price hike and weak sales forecast
Cross-Sector Linkage
The cross-sector tape is unambiguously risk-on. Cyclicals vs Defensives: Cyclicals (+0.64%) are leading Defensives (+0.56%) by 0.07pp. Mixed leadership — the tape can't pick a regime. Discretionary vs Staples: XLY +0.40% vs XLP +0.17% (spread +0.23pp). Consumer mixed — no clear signal on household risk appetite. Small caps vs Large caps (IWM vs SPY): IWM +0.93% vs SPY +0.39% — spread +0.54pp. Rally is broadening — small caps participating; risk-on with breadth confirmation.
Data-derived fallback commentary · Not financial advice
Signal & Macro
RISK ON
0.55
Risk Off Neutral Risk On
VIX 16.7 (falling) +0.75
Yield Curve +0.97% (steepening) +1.00
Credit HYG/IEF above 50d (+1.4%) +1.00
Breadth RSP/SPY below 50d (-3.0%) -1.00
Momentum SPY above 50d, above 200d +1.00
RISK ON with a score of +0.55, generated from the quantitative market signal inputs.
VIX
16.70
-9.39% over 5d
10Y Yield
4.56%
Treasury benchmark
2Y Yield
3.58%
Front-end rate signal
2s/10s
+97bps
Steepening / normal
Participation
Health Care
+1.17%
Technology
+1.00%
Utilities
+0.78%
Industrials
+0.73%
Energy
+0.61%
Materials
+0.54%
Overnight & Global
Fallback note from live macro data: VIX 16.70 (-9.39% over 5d), 10Y 4.56%, 2s/10s +97bps.
Leadership
High-Conviction Setups
View Full Scan
# Ticker Name Sector Score RS Base Trend Price vs 52W High Vol/Avg
1 ONTO Onto Innovation Inc. Technology
76.8
85.7 50.0 100.0 $262.25 -14.8% 2.01x
2 RXO RXO, Inc. Industrials
72.8
85.8 38.5 100.0 $24.37 +0.0% 1.77x
3 D Dominion Energy, Inc. Utilities
72.0
49.0 78.3 100.0 $67.67 -0.9% 3.04x
4 ROIV Roivant Sciences Ltd. Healthcare
71.4
81.6 39.3 100.0 $29.96 -7.6% 1.79x
5 KEYS Keysight Technologies, Inc. Technology
71.2
75.6 45.5 100.0 $346.56 -5.5% 1.91x
6 SATS EchoStar Corporation Communication Services
67.9
100.0 8.2 100.0 $124.20 -12.4% 1.13x
7 ENPH Enphase Energy, Inc. Technology
67.1
77.0 32.1 100.0 $64.03 +0.0% 1.64x
8 AMD Advanced Micro Devices, Inc. Technology
65.0
100.0 0.0 100.0 $467.51 +0.0% 0.84x
Coverage
Platform Modules
The research stack now spans daily tape, weekly synthesis, podcast intelligence, and earnings coverage.