Optuma

Empowering Traders, Analysts, and Portfolio Managers to discover unique market opportunities with powerful software and valuable education.

[Mark Newton CMT @MarkNewtonCMT]

Sure, Breadth has waned a tad in the last month, but honestly, Utilities, REITS, Staples going down DOESN'T concern me.. RUSSELL 3k A/D still at the highest levels in years.. This "AINT" late 2021, nor 2018, early 2025, nor 2026. Chart from #OPTUMA @Optuma

[Optuma @Optuma]

Here's the average September performance for solana:J3NKxxXZcnNiMjKw9hYb2K4LUxgwB6t1FtPtQVsv3KFr by day. Performance turns negative after the 21st (around the equinox).

[Optuma @Optuma]

Historically, September is the worst month for the solana:J3NKxxXZcnNiMjKw9hYb2K4LUxgwB6t1FtPtQVsv3KFr, averaging, -0.6% and positive only 45% of the time. Of the sectors, $XLU is positive in Sept 63% of the time, but the avg gain is only 0.07%. Monthly averages & % Time Up:

[Optuma @Optuma]

@LouisSpectorCMT Thanks Louuis. You can see it here: https://t.co/Wlsfq4DQMy

[Optuma @Optuma]

The solana:J3NKxxXZcnNiMjKw9hYb2K4LUxgwB6t1FtPtQVsv3KFr hasn't been more than 5% from its high since April 7th (100 trading days).

[Optuma @Optuma]

The last 3 days of August had more solana:J3NKxxXZcnNiMjKw9hYb2K4LUxgwB6t1FtPtQVsv3KFr members declining than advancing whilst the index gained slightly. This divergence sees the Breadth Thrust indicator (10EMA of (Adv / Adv+Dec)) crossing below 45 for the 1st time since May.

[Optuma @Optuma]

The solana:J3NKxxXZcnNiMjKw9hYb2K4LUxgwB6t1FtPtQVsv3KFr index gained 0.7% yesterday, but only 152 stocks gained on the day. $NVDA had its best day since April 2025 (+8.7%) which - at 7.8% of the index - accounted for nearly all the index's 55 point gain.
There's not much green outside of tech on our new heatmap:

[Optuma @Optuma]

Same list sorted by YTD SPX outperformance:

[Optuma @Optuma]

Only 4 of the biggest 10 $SPX stocks are beating the index YTD. $MU is beating by 185%, with $TSLA underperforming by 30%, & $META -24%.

[Optuma @Optuma]

Of the 19 new 52 week highs in the $SPX today, 16 were in Health Care (there were no 52 week lows).

[Optuma @Optuma]

@sam_gatlin 😱

[Optuma @Optuma]

$CBRS gapped up above its average volume-weighted price from IPO:

[Optuma @Optuma]

@TechCharts @OwnTheWhy @mptrsn217 @tradingview Happy to set up a demo: https://t.co/RSjLRD2UrU

[Optuma @Optuma]

38 $SPX stocks gained > 10% this week, the most since the rebound off the March low:

[Optuma @Optuma]

The quiet years are over: Optuma is now on the web. https://t.co/bDgCQqJnk4

[Optuma @Optuma]

AAII Sentiment Bull/Bear spread remains negative, with 37% bullish and 38% bearish (25% neutral).

[Optuma @Optuma]

The quiet years are over: Optuma is now on the web. https://t.co/bDgCQqJnk4

[Optuma @Optuma]

$SPX negative for both June & July has happened only 12 times prior to this year, with avg return for the rest of the year -2.5%.
However, only twice before when July closed within 5% of the ATH.
1963 rest of the year: +8.5%
1990 rest of the year: -7.3%...

[Optuma @Optuma]

$SPX closed down for the 2nd consecutive month with more stocks advancing than declining. Monthly Advance/Decline line making new highs:

[Optuma @Optuma]

Korean KOSPI index +19% today on AI rebound, but still 32% below June's high .
SK hynix +30% (negative on the week).