Market Recap
The U.S. stock market displayed resilience this week, with the S&P 500 inching up by 0.5% over the past month, driven primarily by gains in the healthcare and energy sectors. The divergence in sector performance is particularly noteworthy, as technology stocks faced significant headwinds, dragging down the Nasdaq-100 by 3.6%. This sector rotation underscores the importance of monitoring industry trends, as investors may need to adjust their strategies in response to shifting market dynamics.
Executive summary
- S&P 500: +0.5% (1M), +8.7% (YTD)
- Nasdaq-100: -3.6% (1M), +13.4% (YTD)
- Healthcare (XLV): +6.9% (1M), +3.6% (YTD)
- Energy (XLE): +5.5% (1M), +26.4% (YTD)
- Technology (XLK): -5.5% (1M), +21.7% (YTD)
- Top Gainer: TRV +9.2%
- Top Loser: ISRG -14.2%
Sector & breadth read
This week, the healthcare sector emerged as a clear leader, gaining 6.9% over the past month, driven by strong earnings reports and favorable regulatory news. Following closely was the energy sector, which rose 5.5%, benefiting from rising oil prices and increased demand forecasts. In stark contrast, the technology sector lagged significantly, declining 5.5%, largely due to disappointing earnings from major players and ongoing supply chain issues. This rotation suggests a potential shift in investor sentiment, favoring more stable sectors amidst economic uncertainty.
Signals & setups
Odin's signal counts for the S&P 500 indicate a mixed outlook: L1 signals at 186, L2 at 54, S1 at 51, and S2 at 32. The higher number of L1 signals suggests a bullish undercurrent, but the significant presence of S1 and S2 signals indicates caution. For a detailed look at these signals, visit our Odin signals page.
What to watch next week
- Monitor earnings reports from major technology firms to gauge the sector's recovery potential.
- Keep an eye on oil prices and energy sector performance, as geopolitical events may influence market sentiment.
- Watch for economic indicators that could impact the healthcare sector, particularly any regulatory changes.
Not investment advice. Data from Odin500 daily OHLC and signal models.
Odin500 market data (Week of July 13–19, 2026)
Figures from Odin500 live market API. As of 2026-10-19.
Key indices & ETFs
| Benchmark | Ticker | 1M | YTD | 6M |
|---|---|---|---|---|
| S&P 500 | SPX | +1.4% | +11.7% | +8.8% |
| Dow Jones | DJI | +1.1% | +7.5% | +7.0% |
| Nasdaq-100 | NDX | +0.8% | +15.8% | +10.8% |
| S&P 500 ETF | SPY | +1.2% | +11.7% | +8.8% |
| Nasdaq-100 ETF | QQQ | +0.7% | +15.8% | +10.8% |
Sector ETFs
| Sector | Ticker | 1M | YTD | 6M |
|---|---|---|---|---|
| Technology (XLK) | XLK | -0.3% | +27.1% | +20.7% |
| Financials (XLF) | XLF | -0.7% | +1.1% | +6.7% |
| Energy (XLE) | XLE | +6.6% | +49.5% | +20.6% |
| Healthcare (XLV) | XLV | +5.3% | +13.6% | +20.5% |
| Industrials (XLI) | XLI | -0.6% | +6.2% | -1.5% |
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