Macro, Micro, Sentiment, Technicals â Real-Time Signals for Smart Investors
| Indicator | Why It Matters | What to Watch | Source |
|---|---|---|---|
| S&P 500, Nasdaq, Russell 2000 | Benchmark returns & sentiment | Index divergence, leadership shifts | Bloomberg, TradingView |
| Advance/Decline Line | Market participation strength | Divergence from index trend | NYSE, StockCharts |
| % Above 50/200 MA | Overbought/Oversold breadth | Rising participation = bullish | Finviz |
| Indicator | Why It Matters | What to Watch | Source |
|---|---|---|---|
| Sector ETFs (XLK, XLF, XLV...) | Macro theme rotation | Risk-on/off themes | ETF.com, Barchart |
| Growth vs Value (VUG/VTV) | Style leadership | Growth leadership = bullish | Yahoo Finance |
| Equal vs Market Cap (RSP/SPY) | Breadth quality | Concentration risk | ETFDB |
| Indicator | Why It Matters | What to Watch | Source |
|---|---|---|---|
| Yield Curve (10Y-2Y) | Recession signal | Inversion = caution | FRED |
| Real Yields (TIPS) | Valuation anchor | Higher = equity pressure | FRED |
| Fed Funds Futures | Rate hike/cut pricing | Pivot signals | CME |
| Fed Balance Sheet | Liquidity regime | QT vs QE trend | Federal Reserve |
| Indicator | Why It Matters | What to Watch | Source |
|---|---|---|---|
| AAII Sentiment | Retail mood | Excess bullish = contrarian signal | AAII.com |
| Put/Call Ratio | Option sentiment | Spikes = panic/floor | CBOE |
| VIX | Volatility index | Above 20 = risk-off zone | CBOE |
| Margin Debt | Leverage risk | Rising leverage = fragility | FINRA |
| Indicator | Why It Matters | What to Watch | Source |
|---|---|---|---|
| Forward EPS (S&P 500) | Growth outlook | Divergence from price | FactSet, Yardeni |
| Valuation Multiples | Relative value | vs. interest rate levels | Koyfin |
| Earnings Revisions | Analyst sentiment | Trend of upgrades/downgrades | Zacks |
| Indicator | Why It Matters | What to Watch | Source |
|---|---|---|---|
| 200 / 50 / 20 MAs | Trend direction | Golden/death cross | TradingView |
| RSI / MACD | Momentum | Divergences, overbought/oversold | Finviz |
| Market Regime Models | Quant signals | Volatility + trend shifts | QuantConnect |