Weekly Market Trend & Sector Analysis: Navigating a Late-Cycle Market Regime
Executive Summary & Key Market Diagnostics
Market Cycle Phase: Late Cycle transitioning toward Stagflationary Pressure / Late-Cycle Consolidation.
Overall Risk Level: Medium-High.
Market Regime: Defensive Risk-Off / Capital Preservation with Rotational Commodity Momentum.
Breadth & Leadership: Highly Narrowing Leadership with severe Mega-Cap Divergence.
1. Market Trend Analysis
Multi-Week Comparison & Exchange Shifts
The weekly market internal data reveals a noticeable capital reallocation. Current breadth metrics show 75.6% of leading institutional volume positioned on the NYSE/Amex, while Nasdaq participation has dropped to 24.4%. This exchange distribution shift underscores a flight from speculative high-beta growth toward asset-backed industrials, energy, value, and capital-intensive equities.
The Median Market Cap stands at $10.45B, reflecting a mid-to-large-cap orientation. While maintaining a mid-cap floor typically suggests moderate risk tolerance, the sharp drop in small-cap growth and semiconductor leadership highlights a transition into defensive positioning. Capital is consolidating in cash-generative, asset-heavy businesses rather than floating down-market into broad speculative small caps.
Sector Rotation & Breadth Analysis
A stark thematic bifurcation is taking place across the market:
Dominant Sectors: Information Technology (34%) and Energy (32%) together account for nearly two-thirds of market strength. However, the sub-industry compositions tell two completely different stories:
Energy Leadership: Energy strength is exceptionally broad, concentrated in Oil, Gas & Consumable Fuels (32%), driven by refiners and tankers (HF Sinclair, Sunoco, PBF Energy, Valero, Marathon Petroleum).
Tech Bifurcation: Tech leadership is no longer broad-based software/SaaS, but narrow hardware, infrastructure, and memory backbones (Technology Hardware (10%), Semiconductors (10%), Communications Equipment (2%) via Arista Networks, Dell, Micron, and Teradyne).
Financials & Defensive Stability: Financials (12%) are holding up well via capital markets and insurance leadership (State Street, Oscar Health, BBVA), while Health Care (7%) and Industrials (7%) provide non-cyclical support.
Weakening & Deteriorating Sectors: High-beta consumer growth is absent. Consumer Discretionary sits at a minor 2%, while Semiconductors (
SMH,XSD), Homebuilders (XHB), Retail (XRT), and Utilities (XLU/VPU) reside in the "Sectors Showing Signs of Trouble" regime.
[SECTOR CONCENTRATION BREAKDOWN]
==================================================
Information Tech ███████████████████ 34%
Energy ██████████████████ 32%
Financials ███████ 12%
Health Care ████ 7%
Industrials ████ 7%
Comm. Services ███ 5%
Consumer Disc. █ 2%
==================================================
Growth Stability & Leadership Quality (GPA Insights)
Quality metrics (GPA – Gross Profitability to Assets) across top-performing market holdings are sitting at high levels:
Top hardware and infrastructure holdings maintain near-maximum GPA scores: Hewlett Packard Enterprise (3.96), NetApp (3.96), Teradyne (3.96), Arista Networks (3.96), and Dell Technologies (3.80).
Energy and transport leaders reflect similar fundamental resilience: HF Sinclair (3.96), Sunoco (3.96), PBF Energy (3.96), and Halozyme Therapeutics (3.96).
This consistently high GPA trend signals that capital is not rotating into low-quality speculative names. Instead, market participants are concentrating capital exclusively in balance-sheet-healthy, highly profitable sector leaders with clear cash flow moats.
Oscillator Dynamics & Trend Momentum
The oscillator structure across major indexes and individual benchmark stocks reveals momentum shifts:
Broad Market Benchmark:
SPYcarries a neutral-to-weak positive Oscillator score of 1, indicating an index that is consolidating in a tight, range-bound channel without broad push.Internal Relative Strength Leaders: Strong positive oscillator momentum is contained within select financial and enterprise tech leaders: State Street (
STT, Osc: 21), Fortinet (FTNT, Osc: 22), Palo Alto Networks (PANW, Osc: 21), and AMD (AMD, Osc: 19), alongside Energy giants like ExxonMobil (XOM, Osc: 10).Deteriorating Momentum: Heavy contraction is appearing across previously dominant momentum plays: Broadcom (
AVGO, Osc: -22), Tesla (TSLA, Osc: -15), Meta (META, Osc: -15), KLA Corp (KLAC, Osc: -15), and Nvidia (NVDA, Osc: -10).
Mega-Cap Leadership Check (Critical Signal)
A breakdown of the S&P 500 mega-caps demonstrates a clear leadership divergence and breakdown:
| Mega Cap Symbol | Asset / Company Name | Oscillator Value | Leadership Status |
| AAPL | Apple Inc. | +8 | Positive / Early Reversal |
| MSFT | Microsoft Corp. | +4 | Weak Positive / Holding |
| AMZN | Amazon.com Inc. | -1 | Negative / Rollover |
| GOOGL | Alphabet Inc. | -8 | Negative / Correcting |
| NVDA | NVIDIA Corp. | -10 | Negative / Trend Weakening |
| TSLA | Tesla Inc. | -15 | Negative / Exhaustion |
| META | Meta Platforms Inc. | -15 | Negative / Exhaustion |
Diagnostic Takeaway: Majority Negative Oscillator across Mega Caps.
The majority of the S&P 500's primary mega-cap anchors (NVDA, META, TSLA, GOOGL, AMZN) are exhibiting negative oscillator readings. While AAPL (+8) and MSFT (+4) remain marginally positive, the mega-cap tech cohort as a whole is no longer driving market expansion. This transition from broad mega-cap momentum to negative momentum signals a leadership breakdown. The broader market rally is fragile and narrow, supported heavily by defensive value rotation, energy commodities, and physical infrastructure rather than large-cap tech expansion.
2. Economic Outlook
The multi-week statistical metrics point toward an economy transitioning into a late-cycle stagflationary environment, characterized by stubborn input costs, persistent energy demand, and decelerating consumer discretionary spending. Strong market positioning in hard asset commodities (DBC), Energy (XLE, VDE), and precious metals mining (RING, SLVP) suggests that market participants are pricing in elevated structural inflation and supply-chain constraints. Simultaneously, the deterioration in traditional early-to-mid cycle barometers—such as Homebuilders (XHB), Consumer Discretionary (XLY), Semiconductors (SMH), and Industrials (XLI)—indicates slowing end-market demand and tightening liquidity conditions. Overall market sentiment is distinctly cautious and defensive-transitional: institutional capital is de-risking from expensive high-multiple growth equities and reallocating liquidity into inflation hedges, high cash-flow yields, and defensive healthcare and dividend assets.
3. Investment Ideas
Capital flow dynamics favor a barbell allocation strategy that heavily weights late-cycle value and defensive real-asset plays while maintaining tactical, high-conviction exposure to mission-critical hardware and cybersecurity tech. Investors should tilt style preferences toward Large-Cap Value over Growth and Quality Cash-Flow over Speculative Beta. Small-cap equities (IWM, IJR) display low underlying persistence and erratic structural momentum, making broad small-cap exposure less attractive relative to mid-to-large-cap cash cows. Portfolios should overweight Cyclical Hard Assets / Energy (XLE, DBC), Defensive Health Care (XLV, XHS, XPH), and High Free-Cash-Flow Yielders (COWZ, SCHD), while selectively funding long positions in data infrastructure and security (FTNT, ANET, DELL) that possess high GPA margins.
4. ETF Opportunities
Sector & Tactical ETF Opportunities
Inflation & Commodity Hedges:
DBC(Commodity Index),XLE(Energy Select),VDE(Vanguard Energy),RING(Gold Miners),SLVP(Silver Miners).Defensive & Healthcare Holdings:
XLV(Health Care Select),VHT(Vanguard Health Care),XHS(Health Care Services),XPH(Pharmaceuticals).Cash Flow & Value Factors:
COWZ(Pacer US Cash Cows 100),SCHD(US Dividend Equity),VTV(Vanguard Large-Cap Value),SDOG(ALPS Sector Dividend).Tactical Technology & Selective Growth:
XLK(Technology Select),XSW(Software & Services),UPRO(S&P 500 3x Leveraged - Tactical trading only).
5. Top 7 ETFs to Research
XLE (Energy Select Sector SPDR Fund)
Sector/Theme: Energy / Late-Cycle Commodities
Reasoning: Demonstrates top-tier market relative strength, supported by 32% industry weighting in oil/gas consumables and strong commodity tailwinds.
COWZ (Pacer US Cash Cows 100 ETF)
Sector/Theme: High Free Cash Flow / Large-Cap Value
Reasoning: Aligns directly with high-GPA quality factors and strong balance-sheet resilience needed during late-cycle market contractions.
XLV (Health Care Select Sector SPDR Fund)
Sector/Theme: Defensive Health Care
Reasoning: Excellent defensive positioning showing positive oscillator momentum (
Osc: 6.0) as capital rotates away from high-beta cyclical tech.
SCHD (Schwab U.S. Dividend Equity ETF)
Sector/Theme: High-Quality Dividend Value
Reasoning: Displays strong relative factor momentum (
Osc: 8.0) providing low-volatility equity exposure with high dividend protection.
XHS (SPDR S&P Health Care Services ETF)
Sector/Theme: Health Care Services / Defensive Growth
Reasoning: Leads sub-sector health care oscillator metrics (
Osc: 14.0, Score: 16.9), indicating powerful institutional accumulation.
DBC (Invesco DB Commodity Index Tracking Fund)
Sector/Theme: Broad Commodities / Inflation Real Assets
Reasoning: High early-signal ranking positioned specifically to outpace broad markets in a late-cycle, elevated-inflation regime.
XLK (Technology Select Sector SPDR Fund)
Sector/Theme: Technology Hardware & Enterprise Infrastructure
Reasoning: Retains core tech exposure concentrated in resilient high-GPA hardware and infrastructure leaders (
DELL,ANET,AAPL,MSFT) while filtering out weak software beta.
Stats for 2026-09-11 (2nd week of the Month)
List creation date: 2026-09-11
Median MarketCap: 10451
24.4% stocks on Nasdaq; 75.6% stocks on NYSE/Amex
| Sector | |
|---|---|
| Information Technology | 34% |
| Energy | 32% |
| Financials | 12% |
| Health Care | 7% |
| Industrials | 7% |
| Communication Services | 5% |
| Consumer Discretionary | 2% |
| Industry | |
|---|---|
| Oil, Gas & Consumable | 32% |
| Technology Hardware, | 10% |
| Semiconductors & Semi | 10% |
| Biotechnology | 7% |
| Capital Markets | 5% |
| Insurance | 5% |
| Electronic Equipment, | 5% |
| Software | 5% |
| Communications Equipm | 2% |
| Media | 2% |
| Entertainment | 2% |
| IT Services | 2% |
| Banks | 2% |
| Electrical Equipment | 2% |
| Commercial Services & | 2% |
| Marine Transportation | 2% |
| Specialty Retail | 2% |
| Country | |
|---|---|
| United States | 78% |
| Argentina | 2% |
| Belgium | 2% |
| Bermuda | 2% |
| Brazil | 2% |
| Canada | 2% |
| Cyprus | 2% |
| Greece | 2% |
| Spain | 2% |
| Taiwan | 2% |
| GPA | Sym | (0gpaamp5) Industry | Sector | MktCap | Country | Name |
|---|---|---|---|---|---|---|
| 3.96 | HPE | Technology Hardware, | Information Technology | 73303 | US | Hewlett Packard Enterprise Com |
| 3.96 | NTAP | Technology Hardware, | Information Technology | 36063 | US | NetApp, |
| 3.92 | SMCI | Technology Hardware, | Information Technology | 24557 | US | Super Micro Computer, |
| 3.80 | DELL | Technology Hardware, | Information Technology | 322116 | US | Dell Technologies |
| 3.96 | TER | Semiconductors & Semi | Information Technology | 57876 | US | Teradyne, |
| 3.96 | SMTC | Semiconductors & Semi | Information Technology | 14851 | US | Semtech |
| 3.92 | TSM | Semiconductors & Semi | Information Technology | 2015043 | Taiwan | Taiwan Semiconductor Manufactu |
| 3.92 | MU | Semiconductors & Semi | Information Technology | 1106708 | US | Micron Technology, |
| 3.88 | ZETA | Software | Information Technology | 7671 | US | Zeta Global Holdings. |
| 3.84 | OOMA | Software | Information Technology | 626 | US | Ooma, |
| 3.84 | SNX | Electronic Equipment, | Information Technology | 20433 | US | TD SYNNEX |
| 3.80 | NSIT | Electronic Equipment, | Information Technology | 4575 | US | Insight Enterprises, |
| 3.92 | TWLO | IT Services | Information Technology | 35496 | US | Twilio |
| 3.96 | ANET | Communications Equipm | Information Technology | 238359 | US | Arista Networks, |
| 3.96 | DINO | Oil, Gas & Consumable | Energy | 19151 | US | HF Sinclair |
| 3.96 | SUN | Oil, Gas & Consumable | Energy | 10451 | US | Sunoco LP |
| 3.96 | PBF | Oil, Gas & Consumable | Energy | 9137 | US | PBF Energy |
| 3.96 | PARR | Oil, Gas & Consumable | Energy | 4188 | US | Par Pacific Holdings, |
| 3.96 | ECO | Oil, Gas & Consumable | Energy | 2827 | Greece | Okeanis Eco Tankers. |
| 3.92 | VLO | Oil, Gas & Consumable | Energy | 110976 | US | Valero Energy |
| 3.92 | CMBT | Oil, Gas & Consumable | Energy | 5606 | Belgium | Cmb.Tech NV |
| 3.92 | TNK | Oil, Gas & Consumable | Energy | 3407 | Bermuda | Teekay Tankers Ltd. |
| 3.88 | YPF | Oil, Gas & Consumable | Energy | 23384 | Argentina | YPF Sociedad An=nima |
| 3.88 | FRO | Oil, Gas & Consumable | Energy | 10775 | Cyprus | Frontline plc |
| 3.88 | INSW | Oil, Gas & Consumable | Energy | 5059 | US | International Seaways, |
| 3.88 | LPG | Oil, Gas & Consumable | Energy | 2328 | US | Dorian LPG Ltd. |
| 3.84 | MPC | Oil, Gas & Consumable | Energy | 110201 | US | Marathon Petroleum |
| 3.92 | STT | Capital Markets | Financials | 52550 | US | State Street |
| 3.80 | WT | Capital Markets | Financials | 3582 | US | WisdomTree, |
| 3.96 | OSCR | Insurance | Financials | 10045 | US | Oscar Health, |
| 3.84 | BOW | Insurance | Financials | 1108 | US | Bowhead Specialty Holdings |
| 3.84 | BBVA | Banks | Financials | 159845 | Spain | Banco Bilbao Vizcaya Argentari |
| 3.96 | BE | Electrical Equipment | Industrials | 76132 | US | Bloom Energy |
| 3.88 | CXW | Commercial Services & | Industrials | 3403 | US | CoreCivic, |
| 3.88 | GNK | Marine Transportation | Industrials | 1166 | US | Genco Shipping & Trading Limit |
| 3.96 | HALO | Biotechnology | Health Care | 12144 | US | Halozyme Therapeutics, |
| 3.96 | CDNA | Biotechnology | Health Care | 2588 | US | CareDx, |
| 3.84 | PTGX | Biotechnology | Health Care | 9393 | US | Protagonist Therapeutics, |
| 3.80 | MGNI | Media | Communication Services | 3378 | US | Magnite, |
| 3.92 | IMAX | Entertainment | Communication Services | 2816 | Canada | IMAX |
| 3.92 | UGP | Specialty Retail | Consumer Discretionary | 8080 | Brazil | Ultrapar Participat)es S.A. |
0GPA38TB (* means Wkly fast and slow Fract individually, stronger then SPY).
| % Alloc | Sym | Name_currentList | Sym | Action | Sector | sharesHld | DlrHld | allocHld | Price |
|---|---|---|---|---|---|---|---|---|---|
| 10% | AAPL | APPLE INC | AAPL | Information Technology | 3 | $996.8 | 9.7% | $332.27 | |
| 10% | AMD | ADVANCED MICRO DEVICES | AMD | Information Technology | 2 | $1,032.3 | 10.1% | $516.13 | |
| 10% | BBVA | BANCO BILBAO VIZ ARG ADR | BBVA | Financials | 34 | $1,004.7 | 9.8% | $29.55 | |
| 10% | DELL | Dell Technologies Inc | DELL | Information Technology | 2 | $1,134.6 | 11.0% | $567.29 | |
| 10% | MPC | Marathon Petroleum | MPC | Energy | 3 | $1,187.8 | 11.6% | $395.93 | |
| 10% | MS | MORGAN STANLEY | MS | Financials | 5 | $1,071.9 | 10.4% | $214.38 | |
| 10% | MU | MICRON TECHNOLOGY INC | MU | Information Technology | 1 | $975.3 | 9.5% | $975.26 | |
| 10% | STX | SEAGATE TECHNOLOGY | STX | Information Technology | 1 | $830.2 | 8.1% | $830.17 | |
| 10% | TSM | TAIWAN SEMICONDUCTOR ADR | TSM | Information Technology | 2 | $866.5 | 8.4% | $433.24 | |
| 10% | VLO | VALERO ENERGY CORP | VLO | Energy | 3 | $1,171.3 | 11.4% | $390.42 |
| Style</> | % Alloc | Shares | Symbol | Name | Date | |
|---|---|---|---|---|---|---|
| growth | 5.25 | 1 | VHT | Health | Late Cycle to Recession | 2026-09-11 |
| growth | 5.25 | 3 | XLV | Health Care Select | Late Cycle to Recession | 2026-09-11 |
| growth | 5.25 | 3 | UPRO | SP500 | 2026-09-11 | |
| growth | 5.25 | 2 | XLK | Technology Select Sector | Early to Mid Cycle | 2026-09-11 |
| growth | 5.00 | 14 | SCHD | US Dividend Equity* | 2026-09-11 | |
| cyclical | 4.50 | 5 | IEMG | Emerging Market* | 2026-09-11 | |
| cyclical | 4.50 | 6 | EEM | Emerging Markets* | 2026-09-11 | |
| cyclical | 5.25 | 2 | XSW | Software & Services | 2026-09-11 | |
| cyclical | 5.25 | 7 | XPH | Pharmaceuticals | Late Cycle to Recession | 2026-09-11 |
| cyclical | 5.25 | 5 | XHE | Health Care Equipment | Late Cycle to Recession | 2026-09-11 |
| cyclical | 5.25 | 6 | RING | Gold Miners* | Inflation | 2026-09-11 |
| cyclical | 5.25 | 13 | SLVP | Global Silver and Metals Miners* | Inflation | 2026-09-11 |
| cyclical | 5.25 | 4 | XME | Metals and Mining* | Late Cycle to Recession | 2026-09-11 |
| cyclical | 5.00 | 7 | XLE | Energy Select Sector * | Late Cycle and Inflation | 2026-09-11 |
| cyclical | 5.00 | 2 | VDE | Energy* | Late Cycle and Inflation | 2026-09-11 |
| cyclical | 5.00 | 7 | COWZ | Pacer US Cash Cows 100 ETF* | 2026-09-11 | |
| cyclical | 5.00 | 15 | DBC | Commodity* | Late Cycle and Inflation | 2026-09-11 |
| Style</> | % Alloc | Shares | Symbol | Name | Date | |
|---|---|---|---|---|---|---|
| growth | 5.25 | 15 | SCHD | US Dividend Equity* | 2026-09-11 | |
| growth | 5.25 | 2 | XLK | Technology Select Sector | Early to Mid Cycle | 2026-09-11 |
| cyclical | 5.25 | 6 | IEMG | Emerging Market* | 2026-09-11 | |
| cyclical | 5.25 | 6 | RING | Gold Miners* | Inflation | 2026-09-11 |
| cyclical | 5.25 | 2 | XSW | Software & Services | 2026-09-11 | |
| cyclical | 5.25 | 13 | SLVP | Global Silver and Metals Miners* | Inflation | 2026-09-11 |
| cyclical | 5.25 | 8 | XLE | Energy Select Sector * | Late Cycle and Inflation | 2026-09-11 |
| cyclical | 5.25 | 15 | DBC | Commodity* | Late Cycle and Inflation | 2026-09-11 |
| cyclical | 5.25 | 2 | VDE | Energy* | Late Cycle and Inflation | 2026-09-11 |
| cyclical | 5.25 | 7 | COWZ | Pacer US Cash Cows 100 ETF* | 2026-09-11 | |
| # | %Alloc | Share | Sym | Name | Industry | Date | GPA | Ver |
|---|
| Symbol | Bound | Osc | Max Fract | Percent tile | Draw Down | Draw Down 7yr | cagr 7Yr | Name | cagr By dd | score |
|---|---|---|---|---|---|---|---|---|---|---|
| STT | 0.46 | 21 | 1.0 | 99 | -55 | -36 | 18.20 | State Street Corporation | 50 | 9.7 |
| JPM* | 0.68 | 2 | 1.1 | 94 | -34 | -34 | 17.21 | JPMorgan Chase & Co. | 50 | 1.4 |
| SPY | 1.00 | 1 | 1.0 | 96 | -33 | -19 | 14.28 | SNP500 | 75 | 1.0 |
| FTNT | 0.31 | 22 | 0.9 | 60 | -36 | -32 | 38.49 | Fortinet Inc. | 120 | 6.8 |
| XOM* | 0.47 | 10 | 0.4 | 93 | -52 | -45 | 12.69 | ExxonMobil Holdings Corporatio | 28 | 4.7 |
| PANW | 0.19 | 21 | 0.8 | 78 | -36 | -27 | 37.42 | Palo Alto Networks Inc. | 138 | 4.0 |
| AMD* | 0.20 | 19 | 0.9 | 88 | -77 | -55 | 50.32 | Advanced Micro Devices Inc. | 91 | 3.8 |
| AAPL* | 0.28 | 8 | 1.1 | 47 | -36 | -23 | 29.00 | Apple Inc. | 126 | 2.2 |
| MSFT* | 0.38 | 4 | 1.1 | 33 | -30 | -29 | 20.28 | Microsoft Corporation | 69 | 1.5 |
| ANET | 0.18 | 7 | 0.9 | 81 | -37 | -30 | 44.16 | Arista Networks Inc. | 147 | 1.3 |
| MSI | 0.35 | 1 | 1.2 | 36 | -21 | -25 | 15.96 | Motorola Solutions Inc. | 63 | 0.4 |
| MU* | 0.16 | 1 | 1.0 | 98 | -61 | -44 | 52.66 | Micron Technology Inc. | 119 | 0.2 |
| GWW | 0.50 | 0 | 0.8 | 65 | -28 | -21 | 23.33 | W.W. Grainger Inc. | 111 | 0.0 |
| AMZN* | 0.31 | -1 | 0.7 | 29 | -39 | -47 | 15.95 | Amazon.com Inc. | 33 | -0.3 |
| LLY* | 0.32 | -2 | 1.2 | 73 | -35 | -21 | 38.93 | Eli Lilly and Company | 185 | -0.6 |
| RTX | 0.28 | -4 | 1.1 | 47 | -21 | -22 | 16.31 | RTX Corporation | 74 | -1.1 |
| CTAS | 0.44 | -3 | 1.1 | 21 | -25 | -23 | 18.47 | Cintas Corporation | 80 | -1.3 |
| KLAC | 0.11 | -15 | 1.3 | 98 | -38 | -29 | 42.60 | KLA Corporation | 146 | -1.7 |
| JBL | 0.14 | -12 | 1.0 | 97 | -47 | -30 | 38.61 | Jabil Inc. | 128 | -1.7 |
| PWR | 0.19 | -10 | 1.1 | 97 | -47 | -23 | 49.98 | Quanta Services Inc. | 217 | -1.9 |
| NVDA* | 0.27 | -10 | 1.0 | 59 | -58 | -52 | 73.52 | NVIDIA Corporation | 141 | -2.7 |
| TSLA* | 0.18 | -15 | 0.5 | 43 | -53 | -58 | 55.70 | Tesla Inc. | 96 | -2.7 |
| HUBB | 0.25 | -11 | 0.9 | 58 | -23 | -20 | 18.93 | Hubbell Incorporated | 94 | -2.8 |
| META* | 0.19 | -15 | 0.8 | 11 | -31 | -31 | 106.60 | Meta Platforms Inc. | 343 | -2.9 |
| FIX | 0.13 | -23 | 1.2 | 96 | -37 | -31 | 69.61 | Comfort Systems USA Inc. | 224 | -3.0 |
| GOOGL* | 0.38 | -8 | 1.0 | 96 | -30 | -34 | 27.74 | Alphabet Inc. | 81 | -3.0 |
| EME | 0.21 | -15 | 1.1 | 86 | -36 | -30 | 36.63 | EMCOR Group Inc. | 122 | -3.2 |
| GOOG* | 0.36 | -9 | 1.0 | 95 | -34 | -34 | 27.57 | Alphabet Inc. | 81 | -3.2 |
| CASY | 0.16 | -21 | 1.8 | 97 | -21 | -17 | 20.53 | Casey's General Stores Inc. | 120 | -3.4 |
| AVGO* | 0.17 | -22 | 1.2 | 82 | -24 | -26 | 42.86 | Broadcom Inc. | 164 | -3.7 |
| GEV | 0.21 | -19 | 1.1 | 76 | -25 | -25 | 119.87 | GE Vernova Inc. | 479 | -4.0 |
| HWM | 0.20 | -23 | 1.6 | 73 | -15 | -15 | 55.82 | Howmet Aerospace Inc. | 372 | -4.6 |
| WMT* | 0.28 | -17 | 1.0 | 90 | -24 | -18 | 15.67 | Walmart Inc. | 87 | -4.8 |
| ORLY | 0.48 | -14 | 0.9 | 18 | -21 | -18 | 17.97 | O'Reilly Automotive Inc. | 99 | -6.7 |
| EXE | 0.34 | -32 | 0.3 | 64 | -60 | -28 | 42.63 | Expand Energy Corporation | 152 | -10.9 |
