// BREADTH & MACRO

Market Breadth & Macro Regime · 市场广度与宏观联动

Read the tape before picking stocks: breadth, macro tilt, and where each sector sits in its cycle.

Breadth Dashboard · 广度仪表盘

New Highs / Lows

2.40x

Above 200d MA

62%

Above 50d MA

54%

Equal vs Cap (20d)

-3.1%

Sector Rotation Z-Score · 行业轮动

Semiconductors
+1.8σ
Software
+1.2σ
Financials
+0.4σ
Healthcare
-0.3σ
Energy
-0.9σ
Consumer Staples
-1.4σ

Macro Friendliness · 宏观友好度

Regime

Late-cycle / Disinflation

Score

62

/ 100

2y-10y spread
+18 bpsNeutral
CPI YoY
2.6%Bullish
ISM Mfg PMI
50.4Neutral
VIX
13.2Bullish
Fed cut odds (Sep)
68%Bullish

Industry Cycle · 行业景气度

SectorRev YoYGM Δ bpsInventoryCycle
Semiconductors+22%+140LeanExpansion
Software+14%+60N/AExpansion
Autos-4%-180HighContraction
Energy-2%-40BalancedTrough
Healthcare+8%+30BalancedMid-cycle
Retail+5%+20BalancedMid-cycle