Sector RS Rank Nov 6: Space Stocks Lead, Sports Betting Fall
Contents
💡 Today’s US market in three lines
① Today’s three stocks: StandardAero · Shoals Technologies · Moderna
② What rose today: space, aerospace, solar
③ What pulled back: sports betting, medical devices, homebuilders
Today’s Sector Relative Strength (RS)
- Chip stocks bounced back a day after their worst session since 2020. The Nasdaq rose +1.09% to 24,579.42. The S&P 500 added +0.31% to 7,376.86. The Dow slipped -0.46% to 51,285.73, about 237 points. October payrolls rose by 165,000, above forecasts, and unemployment dipped to 4.1%. That strength revived talk of a December rate hike. The 10-year yield edged up to 4.86%. WTI crude was flat at $90.49, and gold lost -1.01% to $4,072.00. The VIX eased to 25.64 from 28.18.
- Of the 129 ETFs in our universe, 79 closed higher and 50 fell. Only 3 of 11 sectors rose. Technology (XLK) led at +1.45%. Consumer staples (XLP) was last at -1.28%. The equal-weight S&P 500 (RSP) lost -0.38%. The bounce was narrow and tilted toward the names that fell hardest on Thursday.
Today’s Leading Sectors TOP 5
| ETF | 1-Day | RS Rank 1M | Short-Term | Mid-Term | Long-Term |
|---|---|---|---|---|---|
| iShares U.S. Medical Devices (IHI) | -2.44% | 99 | 🔺 | 🔺 | 🔺 |
| Consumer Staples Select Sector SPDR (XLP) | -1.28% | 99 | 🔺 | 🔺 | 🔺 |
| Global X Aging Population (AGNG) | -0.69% | 98 | 🔺 | 🔺 | 🔺 |
| Health Care Select Sector SPDR (XLV) | -0.06% | 97 | 🔺 | 🔺 | 🔺 |
| VanEck Pharmaceutical (PPH) | -0.17% | 96 | 🔺 | 🔺 | 🔺 |
- Health care took three of the five spots. Aging population (AGNG) rose from 94 to 98, health care (XLV) from 93 to 97, and pharma (PPH) from 92 to 96. Both insurance funds dropped out. KIE slipped from 96 to 93 and IAK from 96 to 91. Home construction (ITB) fell from 98 to 96, tied with PPH. All five leaders closed lower today.
Why They’re Strong — Sector Issues
· Space (UFO) — Up +4.84%, sheet RS rank 41. Firefly Aerospace jumped +36.80%, Intuitive Machines +21.46%, and Redwire +16.48%. Rocket Lab added +15.39%. No single headline explains the move. The group had been sold hard with the rest of growth.
· Aerospace and Defense (XAR) — Up +4.57%, sheet RS rank 54. Karman soared +42.13% after record third-quarter revenue of $201.6 million and a $1.7 billion backlog. FTAI Aviation rose +10.97% and StandardAero +9.21%.
· Solar (TAN) — Up +3.38%, sheet RS rank 82. Shoals rose +12.06%, Array +10.47%, and Canadian Solar +7.86%. Shoals beat its own revenue guidance this week. Solar is one of the few groups with a rising rank and a rising price.
· Autonomous Tech and Robotics (ARKQ) — Up +5.45%, sheet RS rank 22. It moved with the chip rebound. The rank is still low, so this is a bounce, not a trend yet.
What Changed From Yesterday
- Biotechnology (IBB) posted the biggest one-day rank gain, 75 to 91. Over half of it came from Friday’s price. Aerospace (XAR) went from 50 to 64 on its own move. Space (UFO) climbed from 28 to 42, about a third of it from an old weak day leaving the window. Solar (TAN) rose from 68 to 81, into the top tier.
- Sports betting (BETZ) lost the most, 78 to 58, after a -4.19% day. Shipping (BOAT) fell from 42 to 27, and oil refiners (CRAK) from 26 to 12. Insurance (IAK) dropped from 95 to 84. Thursday’s report pointed to insurers as a place to hide. That shelter did not hold once tech bounced.
1-Month RS Trend
- Aerospace (XAR) rose from 2 to 64 over the window. Space (UFO) went from 7 to 42 after peaking at 75. Robotics (ARKQ) slid from 40 to 16. Medical devices (IHI) climbed from 36 to 100, and home construction (ITB) from 14 to 99.
RS Breakdown Warnings
- Oil and gas explorers (IEO) fell from 96 to 31, the deepest drop. Six more funds qualified: explorers (XOP), two cybersecurity funds, pipelines, shipping, and cloud computing. Eight other funds were dropped because Friday’s price moved the other way or stayed flat. Energy (XLE) and oil services were among them.
RS Rebound Signals
- Gold miners (GDX) jumped from 22 to 69, the strongest rebound. Junior gold miners, solar, silver miners, and clean energy followed. Metaverse, social media, robotaxi, and communication services (XLC) also qualified. Three other funds were dropped, including gold (GLD) and silver (SLV).
Today’s Top Rising Sectors TOP 5 (by 1-day %)
| ETF | 1-Day | RS Rank 1M | Short-Term | Mid-Term | Long-Term |
|---|---|---|---|---|---|
| Space Infrastructure Theme (ORBX) | +8.71% | 16 | 🔽 | 🔽 | — |
| Roundhill Meme Stocks (MEME) | +6.80% | 2 | 🔽 | 🔽 | 🔽 |
| ARK Autonomous Technology and Robotics (ARKQ) | +5.45% | 22 | 🔽 | 🔽 | 🔽 |
| Global X Blockchain (BKCH) | +5.02% | 3 | 🔽 | 🔽 | 🔽 |
| VanEck Digital Transformation (DAPP) | +5.01% | 4 | 🔽 | 🔽 | 🔽 |
Why They Rose
- Every fund in this table ranks 22 or lower. All sit below their moving averages. This was a rebound in the market’s weakest corners, not a change in leadership. On the other side, sports betting (BETZ) -4.19%, medical devices (IHI) -2.44%, home construction (ITB) -2.13%, and insurance (IAK) -1.96% led the decliners.
Leading Sectors: Medical Devices, Consumer Staples, Aging Population
- ① Medical devices (IHI) held at 99. It fell -2.44% but stayed above every average.
- ② Consumer staples (XLP) rose from 97 to 99. The rank rose even on a -1.28% day.
- ③ Aging population (AGNG) rose from 94 to 98. Health care funds now crowd the top of the table.
- ④ The last report covered the November 5 close. Its three picks from that close to Friday’s: Cboe Global Markets +0.06%, Erie Indemnity -4.40%, and Primo Brands +1.08%, against +0.31% for the S&P 500. One of three beat the index. Cboe held above $345.21, and Primo Brands stayed above $21.02. Erie Indemnity closed at $273.07, below the $279.96 level the report flagged. Recorded as is.
Today’s Three Stocks — StandardAero · Shoals Technologies · Moderna Stock Forecast
- Thirty-six stocks passed the four-part filter. These three fit the day’s leaders: aerospace, solar, and biotech.
StandardAero (SARO) — Aircraft Engine Services Stock Forecast
| Stock | RS 1D | RS 5D | RS 1M | 1M Return | Held By |
|---|---|---|---|---|---|
| StandardAero (SARO) | 95 | 98 | 99 | +35.9% | SPDR S&P Aerospace and Defense 3.2% |
- Closed at $27.63, +9.21%. StandardAero overhauls and repairs aircraft engines. Its third-quarter revenue rose +4% to $1,557.4 million. Adjusted EBITDA grew +15% to $224.9 million. Adjusted EPS was $0.39, up +30%. The company raised its full-year adjusted EBITDA outlook to $905 million to $920 million. The StandardAero stock forecast now rests on that higher bar.
Shoals Technologies (SHLS) — Solar Wiring Systems Stock Forecast
| Stock | RS 1D | RS 5D | RS 1M | 1M Return | Held By |
|---|---|---|---|---|---|
| Shoals Technologies (SHLS) | 97 | 100 | 94 | +19.7% | Invesco Solar 3.2% · iShares Global Clean Energy 1.1% |
- Closed at $10.08, +12.06%. Shoals makes the wiring and connection systems that tie solar panels together. It reported on November 4. Revenue was $195.3 million, above its own $150 million to $170 million guidance. Net income was $17.9 million, and backlog plus awarded orders reached $791.7 million. The Shoals Technologies stock forecast leans on that backlog. The company also raised its full-year outlook.
Moderna (MRNA) — Vaccine Maker Stock Forecast
| Stock | RS 1D | RS 5D | RS 1M | 1M Return | Held By |
|---|---|---|---|---|---|
| Moderna (MRNA) | 88 | 96 | 98 | +29.0% | Global X Genomics 12.7% · Roundhill Meme Stocks 7.3% · iShares Biotechnology 6.3% |
- Closed at $254.19, +5.27%. Moderna makes mRNA vaccines for COVID, flu, and RSV. It reported Friday morning. Revenue rose +29% to about $1.31 billion. Net income was $162 million, against a $200 million loss a year earlier. Moderna raised its 2026 revenue growth outlook to +15% to +25%. The Moderna stock forecast depends on whether newer vaccines keep that pace.
StandardAero · Shoals Technologies · Moderna Stock Forecast Checkpoints
· StandardAero stock forecast — The stock sits well above its 20-day average of $22.64. Watch whether it holds above $25.30, the close before the report.
· Shoals Technologies stock forecast — It rose +40% in five sessions. Watch whether it stays above $9.16, the close before the report.
· Moderna stock forecast — Results day brought a +5.27% gain. Watch whether it holds above $241.46, Thursday’s close. The November 4 close of $258.38 is next.
What to Watch on Next Week’s Calendar
- 🔴 October CPI, Tuesday, November 10, 8:30 a.m. ET · October PPI, Friday, November 13, 8:30 a.m. ET
- Strong payrolls already raised talk of a December hike. A hot inflation reading would press on growth stocks that just bounced.
- 🔴 US–China tariff pause deadline, November 10 · 🔴 Anthropic’s planned Nasdaq IPO, roadshow expected the week of November 9
- Both could move tech and chip stocks. Semiconductors (SMH) still rank 8 after Friday’s +3.62% bounce.
- CoreWeave results, Tuesday, November 10, 4:00 p.m. ET · Applied Materials results, Thursday, November 12, 4:00 p.m. ET
- An AI cloud provider and a chip equipment maker will test whether Friday’s rebound has support. AI chips (CHPX) rank 5.
- Plug Power results, Monday, November 9, 4:30 p.m. ET
- Solar (TAN) and clean energy (ICLN) are on the rebound list. A hydrogen name will show whether the clean energy bounce reaches beyond solar.
