Earnings Heat Maps

• Top Long Opportunities:

  • Energy (XLE): Strong positive price move, high sector move size, unanimous advance.
  • Utilities (XLU): Positive price move, low sector move size (quiet advance).

• Top Short Opportunities:

  • Financials (XLF): Large negative price move, very high number of declining stocks.
  • Healthcare (XLV): Significant negative price move, high number of declining stocks.
  • Technology (XLK): Significant negative price move, high number of declining stocks.
  • Consumer Discretionary (XLY): Significant negative price move, high number of declining stocks.

• Sector Classification:

  • Directionless Sectors:
    • Materials (XLB): High 'ms', 'pm' near zero.
    • Industrials (XLI): High 'ms', 'pm' near zero.
    • Consumer Staples (XLP): High 'ms', 'pm' near zero.
  • Quiet Sectors:
    • Real Estate (XLRE): Low 'ms'.
    • Utilities (XLU): Low 'ms'.
  • Unanimous Sectors:
    • Energy (XLE): 'pm' and 'ms' are nearly identical, all stocks advancing.
    • Communication Services (XLC): 'pm' and 'ms' are not nearly identical, but the direction matches (negative).