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Nov 06 2026

New Cycle High

  • Nov 6, 2026

The Up/Down ratio for the first month of Q3 reporting is 2.85. We’ve recently seen some cooling in other earnings vignettes, especially when comparing to the previous quarter, but the Up/Down calculation is at a new high for the cycle.

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About The Author

Phil Segner / Sr. Research Analyst & Co-Portfolio Manager

Phil Segner Sr. Research Analyst & Co-Portfolio Manager

Phil is a Co-Portfolio Manager and Sr. Research Analyst at The Leuthold Group, LLC. He is a member of the asset allocation and investment committees and is a major contributor to the firm's research publications.

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