S&P 500 Leadership continues to be a red flag. Financials and Tech down >1% today…Staples and Energy are up. 60% of S&P 500 stocks are beating the index. The cluster of signals is growing.
treasury notes performed very well in both instances pic.twitter.com/maLk8R0oMv — Matthew (@GoodTexture) February 23, 2026 Seasoned traders know what this means. The generals are starting to crumble. These aren’t high beta stocks. I’ve seen this movie a few times. It always plays out the same. 1Q 2000, 3Q 2007, 3Q 2015, & 4Q 2021 the …