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Sector Money Flow

Where institutional capital appears to be rotating across the 11 SPDR sectors. The rotation graph plots each sector by its 10-week relative strength against SPY — leading + improving quadrants are the bullish hunting grounds. The flow arrows are inferred from short-window return × dollar volume — a proxy, not actual cash-flow data.

Risk-On
+54Regime score
Regime read: Risk-On. 4 witnesses risk-on (Regime pulse, Direction flow, Confirmation momentum, Macro context); 2 witnesses risk-off (Trust-grade quality, Sector rotation); defensives lead.1 of 2 invalidations trippedView full read →

Regime label = blended top-down sentiment + breadth + sectors read. Use as macro context for the rotation read below.

Macro confirmation unavailable — FRED_API_KEY env var not set.

Sector Rotation — 8-week trails · 4wk projection overlay

1.00×
LEADINGWEAKENINGLAGGINGIMPROVINGRS-RatioRS-MomentumXLKXLFXLEXLYXLVXLIXLPXLUXLREXLBXLC→ XLK→ XLF→ XLE→ XLY→ XLV→ XLI→ XLP→ XLU→ XLRE→ XLB→ XLC

Sector projection — 4-week look-ahead

Linear extrapolation of recent trail. Descriptive, not predictive — confidence falls when the trail wobbles.

Transitions ahead
4
Bullish transitions
3
Bearish transitions
1
SectorCurrent → ProjectedVelocity (Δrs / Δmom per wk)Confidence
XLUImprovingLeading+2.15 / +0.7057%
XLYLaggingImproving+0.11 / +0.0937%
XLPLaggingLeading+1.66 / +0.670%
XLRELaggingWeakening+0.85 / −0.080%

Linear projection — assumes current trail momentum continues. Real markets often mean-revert or accelerate.

Industry sub-sectors

Curated industry ETFs grouped by SPDR parent. Tile color = current quadrant; size = RS strength deviation from 100.

XLK · Technology(3)
CIBRWeakening
Cybersecurity
R: 106.2·M: 94.4
IGVLagging
Software
R: 96.5·M: 93.3
SMHLeading
Semiconductors
R: 115.8·M: 102.6
XLF · Financials(2)
KBELeading
Banks
R: 101.0·M: 101.1
KRELeading
Regional Banks
R: 101.0·M: 100.9
XLE · Energy(2)
OIHLagging
Oil Services
R: 89.8·M: 94.9
XOPLagging
Oil & Gas E&P
R: 90.9·M: 97.2
XLY · Discretionary(2)
XHBLeading
Homebuilders
R: 104.8·M: 104.7
XRTLeading
Retail
R: 100.8·M: 101.8
XLV · Healthcare(2)
IBBLeading
Biotech
R: 100.5·M: 102.4
IHIImproving
Medical Devices
R: 96.1·M: 101.7
XLI · Industrials(2)
ITALeading
Aerospace & Defense
R: 104.0·M: 102.6
IYTWeakening
Transportation
R: 100.3·M: 98.7
XLB · Materials(1)
GDXImproving
Gold Miners
R: 92.4·M: 103.7

Sub-sector ETF tracking — 6 months of daily bars, weekly resampled. SMH/IGV/SOXX/etc. are the institutional proxies for these slices.

Sub-sector projection — 4-week look-ahead

Linear extrapolation of each industry ETF's recent trail. Confidence falls when the trail wobbles.

Leading
7
Improving
1
Weakening
2
Lagging
4
XLK1 sub-sector
Sub-sectorCurrent → ProjectedΔratio/wkΔmom/wkConfidence
CIBRCybersecurityWeakeningLagging−3.75 / +0.00−3.34 / +0.0089%
XLV1 sub-sector
Sub-sectorCurrent → ProjectedΔratio/wkΔmom/wkConfidence
IHIMedical DevicesImprovingLeading+2.16 / +0.00−0.03 / +0.0049%
XLI1 sub-sector
Sub-sectorCurrent → ProjectedΔratio/wkΔmom/wkConfidence
ITAAerospace & DefenseLeadingWeakening+1.74 / +0.00−0.67 / +0.0090%

Linear projection — assumes current trail momentum continues. Real markets often mean-revert or accelerate.

Bayesian transition prior — aggregate
Observed historical quadrant transitions across the 11 sectors over their 8-week trails (77 observations, Laplace-smoothed). Use as a prior to dampen noisy kinematic projections.
From \ Toleadingimprovingweakeninglagging
leading56%6%22%17%
improving19%38%5%38%
weakening29%14%43%14%
lagging9%21%2%68%

Inferred sector rotation — 5-day proxy. Not actual fund flows.

XLKXLCXLYXLFXLIXLEXLBXLREXLUXLPXLV

Bullish sectors — Leading + Improving

4 of 11 sectors are in constructive quadrants. Composite score = RS-Ratio + RS-Momentum.

#SectorQuadrantRS-RatioRS-MomComposite
1XLI · IndustrialsLEADING103.58102.67206.25
2XLF · FinancialsLEADING102.46101.58204.04
3XLB · MaterialsLEADING100.60101.43202.03
4XLU · UtilitiesIMPROVING98.90102.18201.08

Top inferred rotations — 5-day window

From 55 positive-delta pairs. Magnitude = (toMomentum − fromMomentum) × min(dollar volume). Inference, not actual fund flows.

FromToFrom momTo momCapacityMagnitude
XLEXLK-5.86%+4.49%$2.17B225.0M
XLEXLF-5.86%+1.81%$2.17B166.7M
XLEXLI-5.86%+3.29%$1.53B139.7M
XLVXLK-3.04%+4.49%$1.49B112.4M
XLVXLI-3.04%+3.29%$1.49B94.5M
XLEXLU-5.86%+1.61%$999.7M74.7M
XLVXLF-3.04%+1.81%$1.49B72.3M
XLPXLK-2.31%+4.49%$984.3M67.0M
XLCXLK-2.38%+4.49%$957.5M65.8M
XLFXLK+1.81%+4.49%$2.29B61.6M

Disclaimer: rotation analysis is descriptive, not predictive. The flow magnitudes shown are inferred from short-window sector returns and dollar volume — they are not measured fund flows or actual cash movements between ETFs. Use this read as context for hunting setups in the leading/improving quadrants; manage risk separately.