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NEW: Daily Chartbook Studies
We’re rolling out a new home for interactive backtest dashboards and market studies: studies.dailychartbook.com.
The goal is simple: take the kinds of historical signal tests we often reference here and make them easier to explore visually — forward returns, hit rates, signal paths, drawdowns, and full result tables, all in one place.
We’re making it available to everyone for now while we continue building it out. Feedback welcome.
Welcome back to DC Lite: Daily Chartbook’s free, entry-level newsletter containing 5 of the day’s best charts & insights.
1. Consumer sentiment. US consumers have never been more pessimistic, according to UMich's Surveys of Consumers.
2. US oil rig count. The number of crude oil rigs in the US jumped by the most in more than 3 years over the past week to the highest since Jul'25.
3. Popular IPOs. "Both SpaceX and OpenAI are set to IPO in 2026. But is buying the IPO the right move? History suggests a little caution. Across major U.S. IPOs, median 3 month max drawdown was 18.5%. While the average 12-month stock return was 40%, median was -8.5% showing extreme divergence."
4. SPX vs. Cyclicals. "Cyclical sector relative strength has narrowed, with just Technology and Communication Services in uptrends based on 50-day moving averages. Narrow cyclical leadership has historically left the market vulnerable to larger pullbacks."
5. SPX streak. The S&P 500 has risen for 8 consecutive weeks for just the 20th time since 1950.
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