TopFlight Daily Market Intelligence Report (2026-11-06)

3 of 4 major indexes rose: S&P 500 +0.31%, Nasdaq 100 +1.35%, Dow Jones −0.46%, Russell 2000 +0.89%.

The indexes lean on the biggest companies, so your own stocks can move differently. Their grades tell you more about them than the index does.

182 stocks rose and 320 fell. The typical S&P 500 stock was down a little (−0.67%).

This counts how many stocks went up or down today. It's a price measure — Risk Grades are reported separately.

40 S&P 500 stocks are Grade A, the lowest-risk grade. That's about 8% of the index, 1 fewer than the day before.

Grade A stocks are the ones that have swung and dropped the least in the past.

If any of your stocks or watchlist names are Grade A, they're in the calmest group right now.

About 60% of stocks show an up trend (UP or STRONG UP) on the daily view, compared with 65% on the weekly view and 70% on the monthly view. The short-term picture is softer than the longer-term one.

About 31% of stocks show an up trend on all three views (daily, weekly and monthly).

Trend only shows direction, from STRONG UP to STRONG DOWN. It's separate from the Risk Grade, and your stocks and watchlist show both.

26% of S&P 500 stocks are in the lower-risk grades (A or B), 34% are in the middle (C+ or C−), and 40% are in the higher-risk grades (D or F). There are more higher-risk stocks than lower-risk ones right now.

This is the mix of Risk Grades across all graded S&P 500 stocks, not any one stock or fund. Your own stocks’ grades show where each one fits.

16 stocks changed Risk Grade since the prior session (3.2% of graded S&P 500 stocks): 1 moved to a lower-risk grade and 15 to a higher-risk grade.

Grade changes are rare by design — a typical stock changes grade about once every three to four months.

The full list is in the grade-change tables on this page. See whether any of your stocks or watchlist names are on it.

Grade A stocks did worse than the market today: they averaged −0.88%, compared with −0.28% for the whole S&P 500 (9 rose, 31 fell).

Lower risk doesn't mean a stock rises every day. It means smaller swings and drops, based on the past.

One day's move doesn't change what a grade measures. For Grade A stocks, a quiet or down day is normal.

Information Technology did best today: its typical stock rose 0.71%. Consumer Staples did worst today: its typical stock fell 1.47%.

Overall, the equal-weighted average stock rose in 1 of the 11 sectors today and fell in 10.

If your stocks are spread across sectors, this shows how each part of the market did today. It describes the day, not what comes next.

$COHR (Coherent Corp., Information Technology) was the biggest gainer in the S&P 500, up 13.58%. It's Grade F, the highest-risk grade.

Big one-day moves are common for higher-risk stocks — that's part of what puts them in those grades.

$AXON (Axon Enterprise, Industrials) had the biggest drop in the S&P 500, down 18.18%. It's Grade F, the highest-risk grade.

Big one-day moves are common for higher-risk stocks — that's part of what puts them in those grades.

5 of 6 broad-market funds rose ($SPY, $VOO, $VTI, $DIA, $QQQ, $IWM).

Among the sector funds, $XLK did best (+1.45%) and $XLP did worst (−1.28%).

Chip funds moved more than the broad market: $SMH +3.62%, $SOXX +3.51%.

Funds get the same Risk Grades as stocks. If you own funds, the fund table shows each one's grade.

Grade A stocks trailed the market by 0.60 percentage points today.

This describes today, not what comes next.

Risk picked up today. More stocks fell than rose (320 to 182), 40 stocks are Grade A, and 16 changed grade.

TopFlight grades describe past risk — how much a stock has swung and dropped. They don't say where it's headed.

Your own stocks’ grades are on Check my stocks and your Watchlist.