Market Signals on the Dashboard: Macro Context in One Card

Why You Check Breadth Before Names

A single-stock trade is always partially a macro trade. The same bullish setup on a mid-cap works in a tape with improving breadth and fails in a tape with deteriorating breadth. A moderately bearish technical setup resolves differently in a rate-cutting cycle than in a tightening one. Getting to the stock-level quickly without that macro check is how average traders lose disproportionately in regime transitions. The Market Signals card exists to make that macro check take under 30 seconds.

What the Market Signals Card Shows

The Market Signals card summarizes eight state indicators updated intraday: S&P 500 advance/decline breadth (trailing 5-day), new highs vs new lows, VIX level + 20-day change, 10-year yield + 20-day change, sector leadership (which sectors are leading/lagging relative to equal-weight), dollar index, HYG vs IEI (high-yield vs investment-grade ratio), and gold. Each row shows the current value, a sparkline, and a red/green/yellow state flag based on cross-indicator thresholds.

Reading the State

Three composite patterns are actionable. First, breadth + HYG/IEI confirm or dispute the index: SPY up while breadth negative and HYG/IEI falling = a narrow rally, usually leading to reversion. Second, VIX + rates together: falling VIX + falling rates = conventional risk-on; falling VIX + rising rates = often a late-cycle melt-up that resolves abruptly. Third, sector leadership rotation: when defensives (Staples, Utilities, Health) take over leadership from cyclicals (Tech, Discretionary, Financials), it's often 2-3 weeks ahead of a broader rotation.

Where It Fits

Market Signals is the macro context for everything else on the dashboard: Cockpit, Prediction Heatmap, and Movers. Check it first, then drill into names. For deeper macro regime analysis, use the Regime Overview page.

Open the Market Signals card → /app