Edge S2 — Weekend Report

Morning Brief

Dr Ken Long

Owl Group Trading

Three things that matter this week:

1. Sector divergence: 2 ETFs moving opposite to SPY

SPY is up +1.20% this week, but these sectors diverge: XLP, EWJ. Divergence may indicate rotation or sector-specific catalysts.

2. Leadership changed in ETF13: -> ILF, EEM, EWA

New leaders: ILF, EEM, EWA.

3. Leadership changed in ETF200: -> XES, XME, EWW, XLE, XLB

New leaders: XES, XME, EWW, XLE, XLB.

Watch for: No major inflection signals detected. Continue monitoring portfolio signals for emerging trends..

Editorial slot: Dr. Long's market commentary will appear here when available.

🌻 MACD Season Garden (symbol, MACD Z)

Stocks

🌱

spring (11)

TSLA, 1.99 AMZN, -1.88 AMD, -1.56 GS, -1.14 MSFT, -0.88 DIS, -0.77 PLTR, -0.76 UNH, -0.46 NKE, -0.21 ORCL, -0.14 AXP, 0.11

☀️

summer (3)

CAT, 1.68 NVDA, 0.84 JPM, 0.60

❄️

winter (3)

GOOG, -2.30 INTC, -1.88 BA, -1.40

🍂

fall (13)

MMM, 1.56 HD, -1.25 MCD, 1.16 MRK, 1.15 PFE, 0.99 AAPL, 0.88 KO, 0.87 PG, 0.86 JNJ, 0.82 WMT, 0.47 CSCO, 0.44 XOM, 0.36 CVX, 0.09

ETFs

🌱

spring (5)

XLY, -1.74 SLV, -1.59 QQQ, -1.54 SPY, -1.48 XLK, -1.06

☀️

summer (14)

TLT, 2.68 XLU, 2.47 IYR, 2.03 EFA, 1.86 EWJ, 1.82 XLI, 1.64 IWM, -1.18 EPP, 1.12 GLD, -0.99 EEM, -0.48 MDY, 0.41 XLV, -0.15 USO, 0.13 IEV, 0.01

❄️

winter (1)

XME, -1.74

🍂

fall (8)

XLB, 1.06 XLE, 0.95 XLP, 0.62 EWW, 0.43 XOP, -0.30 ILF, -0.27 DIA, -0.27 EWZ, 0.12

📊 ETF13 Portfolio

Rank	Symbol	Price	Signal	1wk%	Blend%	Chg
1	ILF	$37.08	BUY	+1.7%	+27.6%	—
2	EEM	$62.34	BUY	+2.4%	+16.4%	—
3	EWA	$29.70	BUY	+2.1%	+13.2%	—
4	IWM	$264.61	BUY	+1.9%	+12.3%	—
5	MDY	$658.61	BUY	+2.2%	+12.1%	—
6	EFA	$104.90	BUY	+0.7%	+11.4%	—
7	EWJ	$91.47	BUY	-2.0%	+10.9%	—
8	EPP	$56.48	BUY	+1.8%	+10.6%	—
9	DIA	$496.08	BUY	+0.3%	+6.7%	—
10	IYR	$100.54	BUY	+1.7%	+5.8%	—
11	SPY	$689.43	BUY	+1.2%	+3.9%	—
12	QQQ	$608.81	CASH	+1.4%	+1.5%	—
13	TLT	$89.41	BUY	+0.2%	+1.0%	—

📊 ETF22 Portfolio

Rank	Symbol	Price	Signal	1wk%	Blend%	Chg
1	ILF	$37.08	BUY	+1.7%	+27.6%	—
2	XLE	$54.88	BUY	+1.7%	+21.9%	—
3	XLB	$52.96	BUY	+0.2%	+20.4%	—
4	XLI	$177.23	BUY	+2.6%	+16.5%	—
5	EEM	$62.34	BUY	+2.4%	+16.4%	—
6	EWA	$29.70	BUY	+2.1%	+13.2%	—
7	IWM	$264.61	BUY	+1.9%	+12.3%	—
8	MDY	$658.61	BUY	+2.2%	+12.1%	—
9	XLP	$87.89	BUY	-1.5%	+11.5%	—
10	EFA	$104.90	BUY	+0.7%	+11.4%	—
11	EWJ	$91.47	BUY	-2.0%	+10.9%	—
12	EPP	$56.48	BUY	+1.8%	+10.6%	—
13	XLV	$156.82	BUY	+0.5%	+7.6%	—
14	DIA	$496.08	BUY	+0.3%	+6.7%	—
15	IYR	$100.54	BUY	+1.7%	+5.8%	—
16	XLU	$46.33	BUY	+2.4%	+5.2%	—
17	SPY	$689.43	BUY	+1.2%	+3.9%	—
18	XLY	$117.45	CASH	+1.1%	+1.9%	—
19	QQQ	$608.81	CASH	+1.4%	+1.5%	—
20	TLT	$89.41	BUY	+0.2%	+1.0%	—
21	XLK	$140.88	CASH	+1.2%	-0.1%	—
22	XLF	$52.49	CASH	+1.6%	-0.1%	—

📖 Concept Guide

Market Mosaic

📊 MarketDr. Long's Daily Report Framework

Market Classification

📊 MarketDr. Long's Daily Report Framework

Condition Lenses

📊 MarketDr. Long's Daily Report Framework

📊 Risk Z

📊 MarketFoundations Module 4 + Weekend Report Jan 31, 2026

Multi-Timeframe NDX

📊 MarketDr. Long's Daily Report Framework

Gap Statistics

📊 MarketDr. Long's Daily Report Framework

🍃 MACD 4 Seasons

⚙️ SystemFoundations Module 8: MACD Analysis + Daily Report Mar 12, 2026

Min/Max Pain Extremes

📊 MarketDr. Long's Daily Report Framework

ETF2 Exposure Model

📊 MarketFoundations Module 4: Risk Management

ETF22 Universe

📊 MarketFoundations Module 3: ETF22 Rankings

VIX (Volatility Index)

📊 MarketFoundations Module 2: Reading Market Conditions

Critical State

📊 MarketWeekend Report Narration, Jan 31 2026

International Rotation

📊 MarketWeekend Report Narration, Jan 31 2026

World Market Model (STR/CON/QUAL)

📊 MarketWeekend Report Narration, Jan 31 2026

Frog Trading Value

⚙️ SystemFoundations Module 7: Frog Trading

RLFF (Regression Line Fractal Framework)

⚙️ SystemWeekend Report Narration, Jan 31 2026

Signal to Noise Ratio

⚙️ SystemWeekend Report Narration, Jan 31 2026

Overreaction & Channeling Systems

⚙️ SystemWeekend Report Narration, Jan 31 2026

🐉 The Dragon