Daily Report – 2026-07-16

S&P 500: 7533.77 | 📉 Down (-0.55%)

Market Structure Score:

1/3
— Weak / Fragile Structure

🔁 Regime shift: Neutral → Broad Bull

▶ The market exhibited a broad-based structure.

▶ Primary leadership came from
AAPL (1.76%), MSFT (1.38%), ABT (10.71%), ABBV (4.21%), V (2.82%).

▶ Market participation was mixed, with internals showing a balanced but less decisive structure. Leadership breadth improved, indicating a healthier distribution of flows across the market. Overall internal conditions continue to reflect constructive risk appetite rather than defensive concentration.

▶ Market breadth remained at 373 of 502 stocks advancing (▲ 74.3%) while 127 declined (▼ 25.3%). (2 unchanged)

▶ 🚀 Breadth thrust — strong expansion in participation

▶ 🔄 Leadership rotation increasing

Ticker	Return	Contribution	Share	Impact_Efficiency	Rank
AAPL	1.76%	0.12%	4.59%	0.070144	1
MSFT	1.38%	0.07%	2.51%	0.048795	2
ABT	10.71%	0.03%	0.97%	0.002424	3
ABBV	4.21%	0.03%	0.96%	0.006104	4
V	2.82%	0.02%	0.87%	0.008265	5
COST	3.17%	0.02%	0.78%	0.006624	6
PM	4.95%	0.02%	0.77%	0.004184	7
MA	3.05%	0.02%	0.68%	0.006024	8
WMT	2.15%	0.02%	0.63%	0.007925	9
IBM	3.72%	0.02%	0.60%	0.004332	10
MRK	3.25%	0.01%	0.55%	0.004582	11
LLY	1.08%	0.01%	0.55%	0.013687	12
KO	3.00%	0.01%	0.51%	0.004568	13
BRK-B	0.98%	0.01%	0.49%	0.013472	14
PG	2.33%	0.01%	0.44%	0.005025	15
AMGN	3.70%	0.01%	0.39%	0.002858	16
JNJ	1.19%	0.01%	0.38%	0.008443	17

Definitions:

Contribution – The weighted impact of a stock’s return on the overall index move
(weight × return). This reflects how much each stock actually moved the index.

Share – The proportion of total index movement attributable to a given stock.
Higher values indicate outsized influence relative to peers.

Impact Efficiency – The ratio of contribution to return, highlighting how effectively
a stock’s price move translates into index impact (primarily driven by index weight).