Top 10 Contributors
S&P 500: 7674.37 | 📈 Up (0.45%)
Market Structure Score
65/100
Neutral Structure
🔁 Regime shift: Weak / Risk-Off → Broad Bull
Market internals strengthened as participation broadened beyond the largest capitalization stocks, reinforcing the durability of the prevailing advance. Most internal measures were broadly consistent with this assessment, although some divergence remains beneath the surface.
The internal backdrop remains balanced, with improving conditions offset by pockets of continued weakness. The Market Structure Score of 65/100 reflects moderate confidence in this assessment.
⬥ 329 of 502 stocks advanced (▲65.5%)
⬥ 167 stocks declined (▼33.3%)
⬥ 6 stocks unchanged
⬥ Participation improved versus recent sessions.
⬥ Advancers clearly outnumbered Decliners.
Leadership continued to rotate across sectors, indicating investors were reallocating capital without abandoning risk exposure. Rotation of this nature is often consistent with a healthy bull market provided participation remains broad.
Rapid leadership rotation suggests institutional conviction remains fluid. Trading conviction remains below recent norms. Should these conditions deteriorate further, confidence in the current market assessment would likely weaken.
The market is approaching an important inflection point. Broader participation and firmer leadership would shift the balance toward a more constructive outlook, whereas weaker breadth would increase the probability of renewed internal deterioration.
The weight of the internal evidence continues to support a broad institutional accumulation market environment with moderate 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.
▶ ✅ Leadership was broadly distributed across the market.
▶ 🔄 Leadership rotation accelerated.
▶ 🚀 Participation expanded sharply from the previous session.
▶ 💹 Winning stocks outperformed losers by a comfortable margin.
Top Contributors (>0.01%)
| Ticker | Return | Contribution | Share | Impact_Efficiency | Rank |
|---|---|---|---|---|---|
| TSLA | 5.14% | 0.09% | 8.07% | 0.018065 | 1 |
| GOOGL | 1.13% | 0.07% | 5.99% | 0.060797 | 2 |
| AVGO | 1.21% | 0.04% | 3.22% | 0.030490 | 3 |
| MSFT | 0.43% | 0.02% | 1.84% | 0.048795 | 4 |
| ORCL | 3.10% | 0.02% | 1.66% | 0.006150 | 5 |
| GS | 3.73% | 0.02% | 1.63% | 0.005032 | 6 |
| PLTR | 3.44% | 0.02% | 1.49% | 0.004972 | 7 |
| META | 0.75% | 0.02% | 1.37% | 0.021070 | 8 |
| HOOD | 13.70% | 0.01% | 1.28% | 0.001071 | 9 |
| MS | 3.25% | 0.01% | 1.14% | 0.004032 | 10 |
| LLY | 0.88% | 0.01% | 1.05% | 0.013687 | 11 |
| V | 1.45% | 0.01% | 1.04% | 0.008265 | 12 |
| FCX | 7.64% | 0.01% | 1.02% | 0.001536 | 13 |
| MRK | 2.39% | 0.01% | 0.95% | 0.004582 | 14 |
| AMD | 0.81% | 0.01% | 0.92% | 0.013094 | 15 |
| CSCO | 1.32% | 0.01% | 0.91% | 0.007886 | 16 |
| CAT | 1.53% | 0.01% | 0.90% | 0.006719 | 17 |
| COST | 1.52% | 0.01% | 0.88% | 0.006624 | 18 |
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).
