Top 10 Contributors
S&P 500: 7736.52 | 📈 Up (1.92%)
Market Structure Score
89/100
Strong Structure
Market internals strengthened as participation broadened beyond the largest capitalization stocks, reinforcing the durability of the prevailing advance. Multiple independent internal indicators aligned with this assessment, resulting in a high-conviction market signal.
Internal conditions are broadly aligned, indicating a market environment in which participation, leadership, and conviction are reinforcing one another. The Market Structure Score of 89/100 reflects high confidence in this assessment.
⬥ 357 of 502 stocks advanced (▲71.1%)
⬥ 141 stocks declined (▼28.1%)
⬥ 4 stocks unchanged
⬥ Advancers clearly outnumbered Decliners.
⬥ Cap-weighted participation confirmed the move.
Leadership outpaced broader participation, highlighting a disconnect between capitalization-weighted performance and the average constituent.
Breadth continues to lag headline index performance. Should these conditions deteriorate further, confidence in the current market assessment would likely weaken.
The current backdrop remains constructive. Continued improvement in participation and leadership would strengthen confidence in the prevailing trend, while renewed deterioration in breadth or conviction would argue for a more cautious interpretation.
The weight of the internal evidence continues to support a broad institutional accumulation market environment with high confidence. While short-term price fluctuations are inevitable, sustained improvement in participation and leadership would reinforce the current assessment, whereas renewed deterioration in market internals would warrant a more defensive interpretation.
Market Signals
▶ ✅ Strong participation across index constituents.
▶ 📈 Cap-weighted leadership confirmed the advance.
▶ 🔍 Leadership remained moderately concentrated.
▶ 🔄 Elevated dispersion suggests healthy sector rotation.
▶ 💪 Individual stock moves carried above-average conviction.
▶ ⚠️ Large-cap leadership outpaced the broader market.
▶ 💹 Winning stocks outperformed losers by a comfortable margin.
▶ ⭐ Performance was boosted by a handful of outsized winners.
Top Contributors (>0.01%)
| Ticker | Return | Contribution | Share | Impact_Efficiency | Rank |
|---|---|---|---|---|---|
| NVDA | 2.56% | 0.21% | 8.47% | 0.081569 | 1 |
| AVGO | 6.61% | 0.20% | 8.16% | 0.030490 | 2 |
| PLTR | 29.45% | 0.15% | 5.93% | 0.004972 | 3 |
| AAPL | 1.96% | 0.14% | 5.58% | 0.070144 | 4 |
| MU | 7.62% | 0.13% | 5.30% | 0.017208 | 5 |
| AMD | 7.00% | 0.09% | 3.71% | 0.013094 | 6 |
| INTC | 10.84% | 0.09% | 3.53% | 0.008055 | 7 |
| GOOGL | 0.94% | 0.06% | 2.34% | 0.061493 | 8 |
| MSFT | 1.06% | 0.05% | 2.09% | 0.048795 | 9 |
| LRCX | 7.85% | 0.05% | 2.05% | 0.006447 | 10 |
| SNDK | 10.84% | 0.04% | 1.75% | 0.003988 | 11 |
| CSCO | 5.08% | 0.04% | 1.62% | 0.007886 | 12 |
| CAT | 5.60% | 0.04% | 1.52% | 0.006719 | 13 |
| AMAT | 5.48% | 0.03% | 1.36% | 0.006111 | 14 |
| KLAC | 6.95% | 0.03% | 1.21% | 0.004289 | 15 |
| TSLA | 1.64% | 0.03% | 1.20% | 0.018065 | 16 |
| QCOM | 7.32% | 0.03% | 1.18% | 0.003974 | 17 |
| TXN | 5.42% | 0.02% | 0.93% | 0.004256 | 18 |
| GLW | 9.04% | 0.02% | 0.87% | 0.002368 | 19 |
| PANW | 5.53% | 0.02% | 0.78% | 0.003462 | 20 |
| JPM | 1.38% | 0.02% | 0.72% | 0.012866 | 21 |
| DELL | 8.92% | 0.02% | 0.69% | 0.001924 | 22 |
| IBM | 3.91% | 0.02% | 0.68% | 0.004332 | 23 |
| ORCL | 2.74% | 0.02% | 0.68% | 0.006150 | 24 |
| ADI | 5.09% | 0.02% | 0.66% | 0.003217 | 25 |
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).
