Weekly Risk Gauge Update
Weekly Risk Gauge (WRG): “Semis Are First to Emerge.”
Highlights The Short-Term Gauge has improved from 'Risk Off' to 'Mixed', so we are staying patient, sizing positions...
Weekly Risk Gauge (WRG): “Working Off Oversold.”
Highlights The selloff paused last week and the market posted gains, causing the Long-Term Gauge to flip back to 'Risk...
Weekly Risk Gauge (WRG): “Defensive/ Late Cycle Rotation.”
Highlights The S&P 500 has declined for five straight weeks, and while conditions are less oversold now than...
Weekly Risk Gauge (WRG): “LT Loses Risk On, ST Moves to Risk Off.”
Highlights The U.S. Risk Gauge deteriorated last week, with Long Term slipping to Mixed and Short Term falling to Risk...
Weekly Risk Gauge (WRG): “Cyclical Sectors in ST Risk Off.”
Highlights Despite additional weakness and only 46% of stocks above their 200-day moving average, the U.S. Risk Gauge...
Weekly Risk Gauge (WRG): “Weakness Into Support as Leadership Shuffles.”
Highlights Short-term conditions weakened last week, with the U.S. Risk Gauge’s ST gauge moving deeper into...
Weekly Risk Gauge (WRG): “Putting Capital in Goods.”
Highlights February ended with weakness in Mega-Caps, as MAGS had its worst month since March 2025, weighing on SPY...
Weekly Risk Gauge (WRG): “Leadership Stays Steady.”
Highlights Sector rankings were largely unchanged last week, with the U.S. Risk Gauge nearing full Risk On and...
Weekly Risk Gauge (WRG): “Rotation Across the Board.”
Highlights Last week brought significant rotation across sectors along with notable developments within the Risk...
Weekly Risk Gauge (WRG): “Industrials Wins, A Look at Clean Energy.”
Highlights Continued underperformance from the MAGS reinforces our view that this environment favors mid-, small-, and...
Weekly Risk Gauge (WRG): “Focusing on Change at the Margin.”
Highlights January closed with broad gains across equities, while the U.S. MOTR Risk Gauge remained largely in Risk On...
Weekly Risk Gauge (WRG): “Energy Moves Up the Leaderboard.”
Highlights The large-cap versus small-cap divergence remains unresolved, with QQQ, MAGS, and SPY lagging prior highs...