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Rotation Report — Where 34 Popular Stocks Sit in the Market Cycle

A Relative Rotation Graph (RRG) of 34 widely followed US stocks vs the S&P 500: who leads, who fades, who is turning around — plus a trail showing where each stock came from. Pure math from end-of-day data. Educational monitor, not investment advice.

Quick Answer

The Rotation Report places 34 popular US stocks on a Relative Rotation Graph: strength vs the S&P 500 on one axis, the momentum of that strength on the other. Stocks rotate clockwise through four zones — Improving, Leading, Weakening, Lagging — so you see who leads and who fades at a glance.

34 Popular Stocks Tracked
4 Rotation Zones
SPY Benchmark
0 AI Guesswork — Pure Math

Rotation Map (RRG) — where each stock came from, and which way it points

Trail = last 4 weeks. Arrow next to the ticker: ↑ strengthening · ↓ fading · – sideways. Data as of 2026-09-11.

96 96 98 98 100 100 102 102 104 104 100 LEADING IMPROVING WEAKENING LAGGING RS-Ratio (Relative Strength) → RS-Momentum → QCOM AMD INTC HD BRK.B AMZN META AVGO XOM GOOGL AAPL BAC COST KO PG WMT MSFT CVX LLY DIS V MA PLTR PEP JPM UNH UBER CRM COIN NVDA ORCL NFLX TSLA JNJ

Leading Improving Weakening Lagging

How many stocks sit in each zone right now?

Leading
10
strong and still gaining
Improving
7
weak but turning up
Weakening
13
strong but fading
Lagging
4
weak and still falling

Position & Direction — all 34 stocks

Sorted by relative strength vs SPY. Δ columns show the move over the trail window; the arrow is the current tendency.

StockZoneRS-RatioRS-MomΔ RatioΔ MomDir
CVX Chevron Weakening 101.64 99.97 +1.52 +1.65
CRM Salesforce Weakening 101.54 98.77 +0.78 −0.48
XOM Exxon Mobil Leading 101.27 100.64 +0.69 +2.26
QCOM Qualcomm Leading 101.09 103.04 +2.43 +1.42
META Meta Platforms Leading 101.05 100.84 +1.89 +0.09
DIS Walt Disney Weakening 101.00 99.79 +0.01 −2.15
MSFT Microsoft Leading 100.86 100.01 −1.70 +0.72
AAPL Apple Leading 100.83 100.57 +1.23 +1.75
ORCL Oracle Weakening 100.83 98.60 +1.41 −1.96
COIN Coinbase Weakening 100.67 98.76 +2.76 +0.84
PLTR Palantir Weakening 100.58 99.41 −1.24 −2.30
NVDA NVIDIA Weakening 100.55 98.69 −0.54 −3.24
AMD AMD Leading 100.45 101.90 +1.77 +2.03
KO Coca-Cola Leading 100.45 100.19 −0.18 +1.39
INTC Intel Leading 100.42 101.73 +1.36 +0.56
NFLX Netflix Weakening 100.34 98.56 +1.19 −0.75
V Visa Weakening 100.29 99.52 −0.64 +0.14
JPM JPMorgan Chase Weakening 100.28 99.35 −0.50 +0.42
BRK.B Berkshire Hathaway Leading 100.28 101.03 −0.91 +1.41
TSLA Tesla Weakening 100.25 98.30 +2.06 −2.51
BAC Bank of America Leading 100.20 100.56 −0.65 +1.53
MA Mastercard Weakening 100.15 99.42 −1.16 +0.79
JNJ Johnson & Johnson Weakening 100.12 98.03 −0.05 −1.72
AMZN Amazon Improving 99.97 100.87 −1.53 −0.30
PG Procter & Gamble Improving 99.46 100.16 +0.64 +0.41
GOOGL Alphabet Improving 99.16 100.60 −0.14 +0.05
WMT Walmart Improving 99.12 100.15 +0.48 +0.98
UBER Uber Lagging 98.97 99.20 +0.45 −0.26
AVGO Broadcom Improving 98.81 100.80 −1.77 +0.05
PEP PepsiCo Lagging 98.78 99.41 +0.35 +0.57
UNH UnitedHealth Lagging 98.38 99.28 −0.48 +1.22
LLY Eli Lilly Lagging 98.21 99.92 −1.84 −0.37
COST Costco Improving 98.20 100.35 −0.64 +1.66
HD Home Depot Improving 97.79 101.21 −2.64 +0.58

This report visualizes a documented charting technique for educational purposes. It is not investment advice — zones describe relative rotation, not what you should do. Relative strength is not absolute return.

Sector Context — is money flowing into or out of each sector?

1-month return of each SPDR sector ETF minus SPY's return, in percentage points. Positive = sector beat the market over the last month.

XLE Energy +7.80
XLC Communication Services +3.17
XLK Technology +0.43
XLF Financials −0.10
XLV Health Care −0.77
XLP Consumer Staples −0.94
XLRE Real Estate −1.34
XLB Materials −2.04
XLU Utilities −2.25
XLY Consumer Discretionary −3.12
XLI Industrials −6.21

How does the Relative Rotation Graph work?

1
Measure Relative Strength

Each stock's price is divided by the S&P 500 (SPY). Rising line = beating the market, falling line = trailing it. That becomes RS-Ratio, centered at 100.

2
Measure Its Momentum

RS-Momentum asks whether that relative strength is accelerating or decelerating — an early signal that often turns before the strength itself does.

3
Place on the Map

Both readings position the stock in one of four zones: Leading (strong and rising), Weakening (strong but fading), Lagging (weak and falling), Improving (weak but turning up).

4
Follow the Trail

Each dot drags a multi-week trail plus a direction arrow, so you see where the stock came from and which way it is rotating — the cycle normally turns clockwise.

Frequently Asked Questions

What is a Relative Rotation Graph (RRG)?

An RRG is a map that compares every stock with one benchmark — here the S&P 500 — on two axes: relative strength (is it beating the market?) and the momentum of that strength (is the lead growing or shrinking?). Because both axes are normalized around 100, dozens of stocks can be read on one chart, and they tend to rotate clockwise through the four zones as their cycle matures.

What do the four zones — Leading, Weakening, Lagging, Improving — mean?

Leading means stronger than the market and still gaining. Weakening means still stronger, but the lead is shrinking — a stage where profit-taking discussions typically start. Lagging means weaker than the market and still losing ground. Improving means still weaker, but momentum has turned up — the classic early-recovery zone worth watching. None of these labels is a buy or sell signal.

Which stocks does the Rotation Report track?

A fixed list of 34 of the most widely followed US names: the mega-cap technology leaders (Apple, Microsoft, NVIDIA, Alphabet, Amazon, Meta, Tesla, Broadcom), major financials (JPMorgan, Bank of America, Visa, Mastercard, Berkshire Hathaway), healthcare (Eli Lilly, UnitedHealth, Johnson & Johnson), consumer names (Walmart, Costco, Home Depot, Coca-Cola, PepsiCo, Procter & Gamble, Disney), energy (Exxon Mobil, Chevron), software (Oracle, Salesforce), chips (AMD, Intel, Qualcomm) and popular growth names (Netflix, Uber, Palantir, Coinbase). The list is fixed in advance so the map stays comparable week to week.

How should I read the trail and the arrow next to each stock?

The trail shows the stock's positions over recent weeks, oldest to newest — where it came from. The arrow next to the ticker is its current tendency: up means the rotation is strengthening, down means it is fading, and a dash means sideways. A stock in Lagging with an up arrow is behaving very differently from one in Leading with a down arrow, even though a simple price chart might look similar.

Is the Rotation Report investment advice?

No. It is an educational visualization of a well-documented technique (Relative Rotation Graphs, developed by Julius de Kempenaer). It shows where each stock currently sits in its rotation cycle relative to the S&P 500 — not what you should buy or sell. Relative strength is not absolute return: in a falling market even Leading stocks can lose money. Always do your own research.

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