Not a buy signal: sharp one-day flips usually don't hold — in 26 past cases about 6 in 10 faded within a day.非买入信号:剧烈的单日反转多难持续 — 历史26次中约六成在一天内消退。 ?
US Sector Intelligence 🇺🇸美国行业情报 🇺🇸 as of截至
Leadership under领涨 strain承压

Money is moving into Crypto & Digital Assets and out of Consumer Cyclical.资金正流入加密与数字资产,流出可选消费。 Favour the fresh leaders — not last month's winners.顺势买入新领涨,而非上月的赢家。

Leadership under strain — watch, don't chase.领涨承压——观望,勿追高。 · 6 days in6 天
THIS WEEK'S HANDOFF本周交棒
Losing the lead失去领先
Memory, HBM & Storage内存、HBM 与存储
was #1原第一
Taking the lead接过领先
Crypto & Digital Assets加密与数字资产 · Energy能源
How this works原理说明 Sep: seasonal headwind for Strong earners (Profitability) · context only9月:高盈利(盈利质量)季节性偏弱 · 仅供参考 Open the playbook →打开操盘手册 →

What to act on now当前可操作 36 grouped个已分组 ?Every sector and theme is grouped by where it sits in the cycle. The lane name tells you what to do; open a row for detail. Symbols: sector fund · theme · ✓ risk check passed · ★ in the model portfolio.所有板块与主题都按当前周期位置分组。分组名称就是操作建议;打开任意一行可查看详情。图例: 板块基金 · 主题 · ✓ 风险检查通过 · ★ 模型组合内。 Theme reasons → Sector Intelligence主题详情 → 行业情报页

Take profits止盈 3
Late in the cycle / topping — protect gains周期晚期/做顶 — 保护利润
Stand aside观望 30
Hold what you own · no new buying持有勿动 · 不新开仓
Bottoming watch筑底观察 2
cycle lows forming — watch, don't chase周期底部形成中——观察,勿追

This is what the cycle read says tonight, shown as-is. A forming low on its own has not been shown to predict what comes next — watch, don't chase.这是今晚周期读数的原样呈现。单独的底部形成迹象尚未被证明能预测后续走势——观察,勿追。

Recovering from cycle low = the cycle read has turned up off a low while the longer trend still says reduce. Shown as-is, not a call.正从周期低位回升 = 周期读数已自低位转升,而长期趋势仍建议减仓。原样呈现,并非建议。

Lanes are the only gated, graded calls on this page — everything below is context, measured nightly.操作清单是本页唯一的门控与自评分判断 — 下方内容均为背景信息,每晚计算。 Drill to stocks →下钻到个股 →
What's holding维持不变 Held for 6 days.已持续 6 天。 Memory, HBM & Storage → Crypto & Digital Assets内存、HBM 与存储 → 加密与数字资产

Where everything stands全景位置

— rotation now, cycle position over 15 years— 当前轮动与15年周期位置 ?
Viewing查看

Right = strong vs the S&P. Up = gaining speed this week. Leaders sweep from Leading into Weakening as they tire; laggards turn up through Improving. Hover any dot — click through for members.右 = 相对标普强。上 = 本周加速。领涨者会从「领先」滑向「走弱」;落后者经「改善」重新转强。悬停查看,点击进入成分页。

Leading — strong & rising领先 — 强且上行 Weakening — strong but fading走弱 — 强但转弱 Improving — weak but turning up改善 — 弱但转强 Lagging — weak & falling落后 — 弱且下行

Cycle map — every sector & theme on one clock周期图谱 — 各板块与主题同框

Real price (rebased / log) or a 0–100 cycle-position oscillator · auto-detected turns · tap a line to read its legs真实价格(再基准化/对数)或 0–100 周期位置振荡器 · 自动识别拐点 · 点击曲线查看区段

Sector rotation overlay板块轮动叠加

Low = washed-out · High = stretched低 = 超卖 · 高 = 拉伸
washed-out超卖 mid-cycle中段 stretched拉伸

One gated read per sector每个板块一个门控研判

The cycle state leads, the macro regime gates it, momentum & heat confirm. Theme reads open from the lanes above.周期状态主导,宏观体制门控,动量与热度确认。主题研判见上方操作清单展开。

Cards are ordered by the fast rotation lens — display only, no forward-return claim; the conviction labels are unchanged by the ordering.卡片按快速轮动视角排序 — 仅作展示,无前瞻收益主张;信念标签不受排序影响。 ?

What's moving — the whole market正在轮动 — 全市场

— 269 subsectors & 11 sector ETFs · display-only— 269个子行业与11个板块ETF · 仅展示 ?

The quadrant map over the broadest universe, the groups that just turned, and where money is rotating in and out. A heads-up layer — the lanes above stay the only calls.覆盖最广市场的象限图、本周拐点、以及资金流入流出的方向。此为提示层 — 操作判断仅见上方清单。

Under the hood市场内部

— is the whole market participating?— 整个市场都在参与吗?

Breadth tells you whether the rotation is a broad tide or a narrow few. Be selective when it is narrow.广度告诉你这是全面上涨还是少数领涨。领涨面窄时应精挑细选。

MARKET BREADTH市场广度
Advancers / Decliners上涨 / 下跌
52-wk highs / lows52周新高 / 新低
Above 200-day站上200日线
Money flow资金流向
No single group leads暂无单一板块主导

Where sector-ETF money is flowing板块 ETF 资金流向何处

Multi-day creation/redemption flow across the 11 sector SPDRs — read the rotation, not the daily noise覆盖 11 个板块 SPDR 的多日申购/赎回资金流 — 看轮动趋势,而非单日噪声
sector板块1D3D1W2W1M
XLE EnergyEnergy+$172M−$46M+$30M+$185M+$188M
XLB MaterialsMaterials+$43M−$49M+$47M−$17M+$154M
XLC CommunicationsCommunications−$21M+$39M+$113M+$219M+$11M
XLP Consumer StaplesConsumer Staples−$125M−$9M+$148M+$135M−$46M
XLU UtilitiesUtilities−$2M+$1M+$10M+$208M−$80M
XLV Health CareHealth Care−$34M−$1M−$26M+$617M−$173M
XLRE Real EstateReal Estate−$58M−$61M−$91M−$75M−$295M
XLY Consumer DiscretionaryConsumer Discretionary−$146M−$457M−$465M−$660M−$932M
XLI IndustrialsIndustrials−$86M−$119M−$347M−$720M−$1.2B
XLK TechnologyTechnology−$164M−$259M−$252M−$394M−$1.4B
XLF FinancialsFinancials+$327M+$230M+$625M−$619M−$4.0B
Net · 11 sector ETFs净额 · 11 个板块 ETF−$93M−$731M−$209M−$1.1B−$7.7B

As of 2026-09-10 · net creation/redemption flow (ΔShares × NAV) summed over each window · positive = money in. Windows cap at the 53 trading days collected so far (history builds from June 2026), so the wider windows can coincide until more accrues. Display-only.截至 2026-09-10 · 各时间窗内份额申购/赎回净额(份额变动 × 资产净值)求和 · 正值 = 资金流入。各窗口取目前已采集的 53 个交易日(历史自 2026 年 6 月起累积),故在数据充足前较宽的窗口可能重合。仅作展示。

Market heat — breadth & cap-weighted moves市场热度 — 宽度与市值加权涨跌

Coincident color (display context, capped in the read above) · Expand for the full 503-name treemap同步色(展示背景,已在上方研判中受限计入)· 展开查看全部503只树图

Explore all浏览全部

— every basket, sortable, with a rebased chart— 全部篮子,可排序,附归一走势图

Performance table表现一览

Every basket, sortable. Switch between plain return, return against S&P 500, and how unusual the move is for that basket. Click one to see what is in it.所有篮子的可排序快照。可切换原始回报、相对标普 500 回报和篮子自身 z 分数。点击篮子查看成分。

Performance走势对比

Lines are rebased to 0% at the start of the window. Toggle baskets from the legend; "All" covers the available cache history.曲线在窗口起点重设为 0%。可在图例中开关篮子;"全部"覆盖可用缓存历史。

Subsector Confluence子行业汇聚

Every sub-industry as its own basket, scored for entry timing. The read below is answer-first: the rotation backdrop, which groups just turned buyable, which are late or fading, and the stocks firing inside a group with the wind at its back. A timing map — confirm before acting.将每个子行业视作独立篮子,按入场时机评分。下方读数以结论优先:轮动情况、哪些子行业刚转为可买、哪些已偏晚或转弱,以及在顺风子行业中触发的个股。择时图——行动前请确认

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Every subsector is an equal-weight basket of its members, scored on a 3-day cadence for entry timing — not a buy list. Tiers rank freshness of the confluence cross (T1 freshest).每个子行业为其成分的等权篮子,按 3 日周期为入场时机评分——并非买入清单。层级衡量汇聚交叉的新鲜度(T1 最新)。 See the rotation map查看轮动图 for where each group sits in the leading / lagging cycle.了解各组在领先/落后周期中的位置。 · Built生成于 2026-09-14 09:32 UTC