Money is strongest in Oil & Gas E&P, and 6 names lead on both price and earnings.
Two of five checks are live. The market, timing and trade come online next.
Strongest path: Energy → Oil & Gas E&P
Assets: Commodities leading
Based on the 2026-10-22 close
What kind of market is this?
Coming soon
Which of five market conditions we are in, how long it has held, and what that means for how you trade today.
What this step needs
Four macro readings — the economy, money supply, interest rates and a fear gauge — plus the agreed cut points that turn them into one label.
Why it is not live
The method is written down and locked, but none of those four readings has a data source yet, and the cut points are still open. Rather than guess a market label, this step stays dark.
Nothing is estimated in the meantime. An empty step is an honest step.
Where is the money going?
Live
Energy → Oil & Gas E&PAssets: Commodities leading▾
Commodities (DBC) — relative strength vs SPY is +7.61% over 63 sessions; that level has moved -10.81pp over the last 21 sessions (< -1.0pp) → fading ▼ (inflow fading, negative). Measure: price-based relative strength vs SPY over 63 sessions — not fund flows, not dollars. As of 2026-10-22.
Energy+10.0%▼
strong, cooling▾
Energy (XLE) — relative strength vs SPY is +10.00% over 63 sessions; that level has moved -1.57pp over the last 21 sessions (< -1.0pp) → fading ▼ (inflow fading, negative). Measure: price-based relative strength vs SPY over 63 sessions — not fund flows, not dollars. As of 2026-10-22. Bars use a fixed ±25% scale across the whole section.
Oil & Gas E&P+9.6%▼
strong, cooling▾
Oil & Gas E&P (XOP) — relative strength vs SPY is +9.57% over 63 sessions; that level has moved -4.58pp over the last 21 sessions (< -1.0pp) → fading ▼ (inflow fading, negative). Measure: price-based relative strength vs SPY over 63 sessions — not fund flows, not dollars. As of 2026-10-22. Bars use a fixed ±25% scale across the whole section.
Health Care+8.0%▲
building▾
Health Care (XLV) — relative strength vs SPY is +8.01% over 63 sessions; that level has moved +2.75pp over the last 21 sessions (> +1.0pp) → building ▲ (inflow building, constructive). Measure: price-based relative strength vs SPY over 63 sessions — not fund flows, not dollars. As of 2026-10-22. Bars use a fixed ±25% scale across the whole section.
Consumer Staples+3.9%▲
building▾
Consumer Staples (XLP) — relative strength vs SPY is +3.88% over 63 sessions; that level has moved +10.28pp over the last 21 sessions (> +1.0pp) → building ▲ (inflow building, constructive). Measure: price-based relative strength vs SPY over 63 sessions — not fund flows, not dollars. As of 2026-10-22. Bars use a fixed ±25% scale across the whole section.
Consumer Disc.+1.6%▲
building▾
Consumer Disc. (XLY) — relative strength vs SPY is +1.65% over 63 sessions; that level has moved +9.84pp over the last 21 sessions (> +1.0pp) → building ▲ (inflow building, constructive). Measure: price-based relative strength vs SPY over 63 sessions — not fund flows, not dollars. As of 2026-10-22. Bars use a fixed ±25% scale across the whole section.
Technology+0.1%▼
strong, cooling▾
Technology (XLK) — relative strength vs SPY is +0.14% over 63 sessions; that level has moved -1.63pp over the last 21 sessions (< -1.0pp) → fading ▼ (inflow fading, negative). Measure: price-based relative strength vs SPY over 63 sessions — not fund flows, not dollars. As of 2026-10-22. Bars use a fixed ±25% scale across the whole section.
Software / Cloud+19.2%·
steady▾
Software / Cloud (IGV) — relative strength vs SPY is +19.23% over 63 sessions; that level has moved -0.28pp over the last 21 sessions (within ±1.0pp) → steady (inflow steady, neutral). Measure: price-based relative strength vs SPY over 63 sessions — not fund flows, not dollars. As of 2026-10-22. Bars use a fixed ±25% scale across the whole section.
Cybersecurity+12.2%▼
strong, cooling▾
Cybersecurity (CIBR) — relative strength vs SPY is +12.22% over 63 sessions; that level has moved -6.12pp over the last 21 sessions (< -1.0pp) → fading ▼ (inflow fading, negative). Measure: price-based relative strength vs SPY over 63 sessions — not fund flows, not dollars. As of 2026-10-22. Bars use a fixed ±25% scale across the whole section.
Quantum Computing-6.0%▲
outflow fading▾
Quantum Computing (QTUM) — relative strength vs SPY is -6.01% over 63 sessions; that level has moved +2.89pp over the last 21 sessions (> +1.0pp) → building ▲ (outflow fading, constructive). A negative level means it trails SPY; the outflow is what's shrinking, not the group gaining. Measure: price-based relative strength vs SPY over 63 sessions — not fund flows, not dollars. As of 2026-10-22. Bars use a fixed ±25% scale across the whole section.
AI & Semiconductors-10.0%▼
outflow deepening▾
AI & Semiconductors (SMH) — relative strength vs SPY is -10.02% over 63 sessions; that level has moved -2.59pp over the last 21 sessions (< -1.0pp) → fading ▼ (outflow deepening, negative). A negative level means it trails SPY; the outflow is deepening — the group is falling further behind. Measure: price-based relative strength vs SPY over 63 sessions — not fund flows, not dollars. As of 2026-10-22. Bars use a fixed ±25% scale across the whole section.
Communication Svcs-2.2%▼
outflow deepening▾
Communication Svcs (XLC) — relative strength vs SPY is -2.18% over 63 sessions; that level has moved -3.15pp over the last 21 sessions (< -1.0pp) → fading ▼ (outflow deepening, negative). A negative level means it trails SPY; the outflow is deepening — the group is falling further behind. Measure: price-based relative strength vs SPY over 63 sessions — not fund flows, not dollars. As of 2026-10-22. Bars use a fixed ±25% scale across the whole section.
Materials-2.3%▲
outflow fading▾
Materials (XLB) — relative strength vs SPY is -2.26% over 63 sessions; that level has moved +3.69pp over the last 21 sessions (> +1.0pp) → building ▲ (outflow fading, constructive). A negative level means it trails SPY; the outflow is what's shrinking, not the group gaining. Measure: price-based relative strength vs SPY over 63 sessions — not fund flows, not dollars. As of 2026-10-22. Bars use a fixed ±25% scale across the whole section.
Financials-2.6%·
outflow steady▾
Financials (XLF) — relative strength vs SPY is -2.59% over 63 sessions; that level has moved +0.35pp over the last 21 sessions (within ±1.0pp) → steady (outflow steady, neutral). A negative level means it trails SPY; the outflow is holding, neither shrinking nor deepening. Measure: price-based relative strength vs SPY over 63 sessions — not fund flows, not dollars. As of 2026-10-22. Bars use a fixed ±25% scale across the whole section.
Big Banks-7.9%·
outflow steady▾
Big Banks (KBE) — relative strength vs SPY is -7.91% over 63 sessions; that level has moved +0.52pp over the last 21 sessions (within ±1.0pp) → steady (outflow steady, neutral). A negative level means it trails SPY; the outflow is holding, neither shrinking nor deepening. Measure: price-based relative strength vs SPY over 63 sessions — not fund flows, not dollars. As of 2026-10-22. Bars use a fixed ±25% scale across the whole section.
Real Estate-10.0%·
outflow steady▾
Real Estate (XLRE) — relative strength vs SPY is -9.97% over 63 sessions; that level has moved -0.27pp over the last 21 sessions (within ±1.0pp) → steady (outflow steady, neutral). A negative level means it trails SPY; the outflow is holding, neither shrinking nor deepening. Measure: price-based relative strength vs SPY over 63 sessions — not fund flows, not dollars. As of 2026-10-22. Bars use a fixed ±25% scale across the whole section.
Utilities-10.0%▲
outflow fading▾
Utilities (XLU) — relative strength vs SPY is -9.99% over 63 sessions; that level has moved +6.25pp over the last 21 sessions (> +1.0pp) → building ▲ (outflow fading, constructive). A negative level means it trails SPY; the outflow is what's shrinking, not the group gaining. Measure: price-based relative strength vs SPY over 63 sessions — not fund flows, not dollars. As of 2026-10-22. Bars use a fixed ±25% scale across the whole section.
Nuclear Power-17.5%▼
outflow deepening▾
Nuclear Power (URA) — relative strength vs SPY is -17.54% over 63 sessions; that level has moved -6.99pp over the last 21 sessions (< -1.0pp) → fading ▼ (outflow deepening, negative). A negative level means it trails SPY; the outflow is deepening — the group is falling further behind. Measure: price-based relative strength vs SPY over 63 sessions — not fund flows, not dollars. As of 2026-10-22. Bars use a fixed ±25% scale across the whole section.
Industrials-11.7%▼
outflow deepening▾
Industrials (XLI) — relative strength vs SPY is -11.69% over 63 sessions; that level has moved -1.85pp over the last 21 sessions (< -1.0pp) → fading ▼ (outflow deepening, negative). A negative level means it trails SPY; the outflow is deepening — the group is falling further behind. Measure: price-based relative strength vs SPY over 63 sessions — not fund flows, not dollars. As of 2026-10-22. Bars use a fixed ±25% scale across the whole section.
Across the whole market
Commodities+7.6%▼
strong, cooling▾
Commodities (DBC) — relative strength vs SPY is +7.61% over 63 sessions; that level has moved -10.81pp over the last 21 sessions (< -1.0pp) → fading ▼ (inflow fading, negative). Measure: price-based relative strength vs SPY over 63 sessions — not fund flows, not dollars. As of 2026-10-22. Bars use a fixed ±25% scale across the whole section.
Dollar-2.4%▲
outflow fading▾
Dollar (UUP) — relative strength vs SPY is -2.44% over 63 sessions; that level has moved +1.90pp over the last 21 sessions (> +1.0pp) → building ▲ (outflow fading, constructive). A negative level means it trails SPY; the outflow is what's shrinking, not the group gaining. Measure: price-based relative strength vs SPY over 63 sessions — not fund flows, not dollars. As of 2026-10-22. Bars use a fixed ±25% scale across the whole section.
Cash-2.7%▲
outflow fading▾
Cash (BIL) — relative strength vs SPY is -2.66% over 63 sessions; that level has moved +1.22pp over the last 21 sessions (> +1.0pp) → building ▲ (outflow fading, constructive). A negative level means it trails SPY; the outflow is what's shrinking, not the group gaining. Measure: price-based relative strength vs SPY over 63 sessions — not fund flows, not dollars. As of 2026-10-22. Bars use a fixed ±25% scale across the whole section.
Bonds-4.1%▲
outflow fading▾
Bonds (TLT) — relative strength vs SPY is -4.14% over 63 sessions; that level has moved +7.13pp over the last 21 sessions (> +1.0pp) → building ▲ (outflow fading, constructive). A negative level means it trails SPY; the outflow is what's shrinking, not the group gaining. Measure: price-based relative strength vs SPY over 63 sessions — not fund flows, not dollars. As of 2026-10-22. Bars use a fixed ±25% scale across the whole section.
Gold-4.3%▼
outflow deepening▾
Gold (GLD) — relative strength vs SPY is -4.27% over 63 sessions; that level has moved -6.55pp over the last 21 sessions (< -1.0pp) → fading ▼ (outflow deepening, negative). A negative level means it trails SPY; the outflow is deepening — the group is falling further behind. Measure: price-based relative strength vs SPY over 63 sessions — not fund flows, not dollars. As of 2026-10-22. Bars use a fixed ±25% scale across the whole section.
Stocksthe benchmark everything else is measured against+3.6%axis▾
Stocks is the benchmark reference row (SPY): its own absolute return is +3.64% over 63 sessions. It carries no building/steady/fading marker — relative strength against itself is zero by construction. Measure: price-based relative strength vs SPY over 63 sessions — not fund flows, not dollars. As of 2026-10-22. Bars use a fixed ±25% scale across the whole section.
Measured as price strength versus the market — not fund flows. Tap any row for the full reading. Bars use a fixed ±25% scale across the whole section.
Who's leading?
6 clear leaders todayEvaluating
Fed from the hottest money path in Step 2. Only names strong on both price and earnings earn a card. Tap a card for the receipt.
▾
1
OKTA — Okta, Inc.
Cybersecurity
Price
Very strong
Earnings
Very strong
The receipt — OKTA
Price strength
90 / 100
Earnings strength
98 / 100
Overall
94 / 100
Group
Cybersecurity
Very strong = 90+ · Strong = 70+ · cards are ordered by overall score.
▾
2
CRM — Salesforce, Inc.
Software / Cloud
Price
Very strong
Earnings
Strong
The receipt — CRM
Price strength
92 / 100
Earnings strength
86 / 100
Overall
89 / 100
Group
Software / Cloud
Very strong = 90+ · Strong = 70+ · cards are ordered by overall score.
▾
3
PLTR — Palantir Technologies Inc.
Software / Cloud
Price
Very strong
Earnings
Strong
The receipt — PLTR
Price strength
96 / 100
Earnings strength
73 / 100
Overall
84 / 100
Group
Software / Cloud
Very strong = 90+ · Strong = 70+ · cards are ordered by overall score.
▾
4
CRWD — CrowdStrike Holdings, Inc.
Cybersecurity
Price
Strong
Earnings
Strong
The receipt — CRWD
Price strength
86 / 100
Earnings strength
80 / 100
Overall
83 / 100
Group
Cybersecurity
Very strong = 90+ · Strong = 70+ · cards are ordered by overall score.
▾
5
SNOW — Snowflake Inc.
Software / Cloud
Price
Strong
Earnings
Very strong
The receipt — SNOW
Price strength
75 / 100
Earnings strength
90 / 100
Overall
82 / 100
Group
Software / Cloud
Very strong = 90+ · Strong = 70+ · cards are ordered by overall score.
▾
6
NET — Cloudflare, Inc.
Cybersecurity
Price
Strong
Earnings
Strong
The receipt — NET
Price strength
73 / 100
Earnings strength
84 / 100
Overall
78 / 100
Group
Cybersecurity
Very strong = 90+ · Strong = 70+ · cards are ordered by overall score.
6 names clear both bars today — more than the usual 2–5. All are shown; none are hidden.
Your whole universe, strongest to weakest
OKTA
94
CRM
89
PLTR
84
CRWD
83
SNOW
82
NET
78
DDOG
76
FTNT
70
COP
68
OXY
68
FANG
64
CVX
62
MSFT
60
S
60
SNDK
60
USB
59
MU
59
QUBT
59
EOG
58
XOM
56
NOW
55
ADBE
54
STX
53
IBM
52
NVDA
52
CEG
52
ZS
50
PNC
49
AMD
47
VST
44
QCOM
42
JPM
42
TLN
41
LRCX
41
DVN
40
MS
39
RGTI
38
C
37
PANW
36
WFC
34
ORCL
33
IONQ
33
GS
32
AMAT
32
BAC
25
AVGO
14
QBTS
14
WDC
12
KLAC
9
SMR
7
LEU
0
Very strong = 90+ · Strong = 70+ · cards are ordered by overall score.
Getting ready · 5 — not enough history yet to score: TSM, ARQQ, CCJ, OKLO, NNE
Ranked on price strength and earnings strength versus the market.
Is the timing right?
Coming soon
Whether now is the moment to act on a leader, or whether to wait — with the exact condition that would change the answer, written out in advance.
What this step needs
A definition of the setup, the pullback and the buy zone, and an alerting rule.
Why it is not live
No specification has been written for this step yet, so there is nothing to build against. It is next after the two above.
Nothing is estimated in the meantime. An empty step is an honest step.
Is the trade worth the risk?
Coming soon
Whether the reward justifies the risk, how much to put on, and the exit plan — written before entry, not after.
What this step needs
A risk budget, a position-sizing rule, and an expression model for how the trade is actually placed.
Why it is not live
No specification has been written for this step yet. Sizing and exits are the last things that should ever be improvised.
Nothing is estimated in the meantime. An empty step is an honest step.