Journal ·
Friday, May 1, 2026
Regime Risk-onMarket Regime
RISK-ON the regime engine's authoritative close-of-day read. VIX 16.89 (calm, no fear bid). Breadth 62.1% (607/978) of names above their 200-EMA (healthy participation). SPX closed 721.22 +9.0% vs its 200-EMA (661.81).
Key Macro Reads (real data)
| Metric | Level | Read |
|---|---|---|
| Regime | RISK-ON | Engine close-of-day read |
| VIX | 16.89 | Calm no fear bid |
| Breadth >200-EMA | 62.1% (607/978) | Healthy participation |
| SPX close | 721.22 | +9.0% vs 200-EMA (661.81) |
Regime Assessment
Calm-to-constructive tape: the regime engine 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; 26 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 2026-05-01. Entry reconstructed from the pipeline's recorded close-of-day regime state. Research only no positions, sizes, entries, stops, or P&L.
--