← The Tape · all issues
Wednesday, September 2, 2026 · first-hour read, 10:30 AM ET

An in-between tape: Materials up front, Utilities at the back.

SPY 765.23+0.46%5-day -0.12%VIX 15.4above 200-day 69%

An hour into the session, SPY sat at 765.23, +0.46% on the day. Five sessions running it's -0.12%. VIX 15.4, easing — nobody's paying up for protection.

7 of the eleven sectors were green — an even split under the hood. Materials (XLB) led at +1.86%; Utilities (XLU) brought up the rear at -0.85%. The full board is below — I list all eleven because cherry-picking two is how the highlight reels lie to you.

69% of the big-cap board is holding above its own 200-day line. The larger shape of things lately: a bull tape, but a tired one — drifting higher without much energy behind it — 6 sessions and counting.

Elsewhere: oil $89.44 (-0.86%), gold $4,441 (+2.14%). Worth a line each, no more.

On the congressional side of the ledger: 1 buy and 13 sales disclosed in the last seven days. Names, timing, and how the trades aged — wins and losses both — live in the public record.

The Disclosure archive → bullishbrainiacs.com/disclosure The leaderboard → bullishbrainiacs.com/leaderboard

These numbers are the first hour, stamped 10:30 AM ET — the close gets the final word, and it doesn't always agree with the morning. I don't pretend otherwise. As always: observations, not advice. I point at things. The deciding is yours.

The full board — first hour, all eleven sectors
MaterialsXLB+1.86%
Communication ServicesXLC+1.67%
FinancialsXLF+1.28%
HealthcareXLV+1.05%
Consumer DiscretionaryXLY+0.37%
IndustrialsXLI+0.09%
Consumer StaplesXLP+0.01%
TechnologyXLK-0.10%
EnergyXLE-0.15%
Real EstateXLRE-0.72%
UtilitiesXLU-0.85%
Congressional ledger — last 7 daysbuys 1sells 13every filing, named →
The market is the weather. The record is the receipts.
The Disclosure →The Leaderboard →