Journal ·
Tuesday, 12 May 2026
Regime Risk-onMarket Regime
RISK-ON — the model's authoritative close-of-day read. VIX 18.38 (elevated, vol firming). Breadth 55.2% (540/979) of names above their 200-EMA (mixed — about half of names in primary uptrends). SPY closed 736.31 — +11.1% vs its 200-EMA (662.67).
Key Macro Reads
| Metric | Level | Read |
|---|---|---|
| Regime | RISK-ON | Engine close-of-day read |
| VIX | 18.38 | Elevated — vol firming |
| Breadth >200-EMA | 55.2% (540/979) | Mixed — about half of names in primary uptrends |
| SPY close | 736.31 | +11.1% vs 200-EMA (662.67) |
Regime Assessment
Calm-to-constructive tape: the model reads risk-on, the environment narrative-momentum is built for. Lean into strength, size to conviction, cut losers fast.
Research Funnel
The screen cast a 132-name universe; 41 cleared the conviction floor for deeper research. (Screening reach only — no positions, sizes, entries, stops, or P&L are disclosed.)
Status
Regime RISK-ON on the public ledger for 2026-05-12. Entry reconstructed from the pipeline's recorded close-of-day regime state. Research only — no positions, sizes, entries, stops, or P&L.
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