S&P 500 Sector Sentiment — 2026-04-20
S&P 500 Sector Sentiment — 2026-04-20
Current tone: neutral
Latest score: 38.5/100
Cross-sector dispersion: 88.8 pts
The current tone label is neutral, with a score of 38.503989268724965. The Forward return playbook indicates a median return of 0.6560151528242408 over the next month. Sector map analysis reveals that Energy and Real Estate are leading, while Health Care and Consumer Disc. are lagging. The dispersion between leaders and laggards is 88.78409410227684 points, with Technology being a key sector to watch in the coming days.
Scan the Forward return playbook for context, then the Sector map for leadership and laggards.
Leaders include Energy, Real Estate.
Laggards include Health Care, Consumer Disc..
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 | 0.7% | 59.4% | 278 |
| 3M | 0.4% | 51.8% | 278 |
| 6M | -0.4% | 47.1% | 278 |
| 12M | 5.2% | 59.7% | 278 |
Sector map (0=cold, 100=hot)
Leading / Hot
- Energy: 97.2/100
- Real Estate: 68.2/100
- Materials: 60.7/100
Lagging / Cold
- Health Care: 8.4/100
- Consumer Disc.: 9.0/100
- Technology: 10.1/100
Neutral
- Industrials: 45.8/100
- Utilities: 37.5/100
- Consumer Staples: 33.8/100
- Comm. Services: 30.3/100
- Financials: 22.6/100
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).
