S&P 500 Sector Sentiment — 2026-02-06
S&P 500 Sector Sentiment — 2026-02-06
Current tone: neutral
Latest score: 49.9/100
Cross-sector dispersion: 93.7 pts
In our sector map, Materials and Industrials are leading with positive forward returns. Despite this optimism, Financials remain a laggard in the current market conditions. It's important to monitor their performance closely. Meanwhile, Technology continues its downturn as investors shift focus elsewhere.
Scan the Forward return playbook for context, then the Sector map for leadership and laggards.
Leaders include Materials, Industrials.
Laggards include Technology, Financials.
Forward return playbook (SPX)
Historical medians and hit ratios from past dates that looked similar to today (conditional on the sentiment regime + a tight score band).
| Horizon | Median SPX | Hit Ratio | N |
|---|---|---|---|
| 1M | 0.8% | 62.1% | 393 |
| 3M | 1.7% | 66.7% | 393 |
| 6M | 2.6% | 67.2% | 393 |
| 12M | 6.6% | 75.3% | 393 |
Sector map (0=cold, 100=hot)
Leading / Hot
- Materials: 98.4/100
- Industrials: 85.7/100
- Real Estate: 83.8/100
Lagging / Cold
- Technology: 4.7/100
- Financials: 14.1/100
- Utilities: 16.2/100
Neutral
- Comm. Services: 63.6/100
- Consumer Staples: 59.5/100
- Health Care: 22.9/100
Read-through
- Higher dispersion usually means stock selection and factor tilts matter more than pure index direction.
- Use the playbook as a bias check, then size risk around the sector map (leaders vs laggards).
