Edge S2 — Weekend Report

Morning Brief

Dr Ken Long

Owl Group Trading

Three things that matter this week:

1. Sector divergence: 4 ETFs moving opposite to SPY

SPY is down -2.23% this week, but these sectors diverge: XLE, ILF, XLU, XLB. Divergence may indicate rotation or sector-specific catalysts.

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

New leaders: ILF, EWA, EEM.

3. Leadership changed in ETF200: -> XES, XOP, XLE, XLU, XLB

New leaders: XES, XOP, XLE, XLU, 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 (10)

HD, -1.18 NKE, -1.07 AAPL, -1.07 MMM, -1.06 WMT, -1.00 CAT, -0.89 MRK, -0.86 AXP, 0.74 GS, 0.20 JPM, 0.12

☀️

summer (4)

CVX, 1.77 AMD, 1.71 XOM, 0.77 PFE, -0.37

❄️

winter (14)

TSLA, -2.44 NVDA, -1.99 DIS, -1.96 MCD, -1.91 BA, -1.56 PG, -1.50 KO, -1.39 JNJ, -1.35 AMZN, 0.68 ORCL, 0.46 INTC, 0.28 GOOG, 0.18 UNH, -0.07 MSFT, -0.01

🍂

fall (2)

PLTR, 0.61 CSCO, 0.46

ETFs

🌱

spring (10)

TLT, -1.51 EFA, -1.18 XLB, -1.11 MDY, -1.09 IWM, -1.07 EWJ, -0.99 EWW, -0.84 EWZ, -0.79 ILF, -0.73 XLF, -0.38

☀️

summer (1)

XLE, 0.65

❄️

winter (16)

GLD, -2.42 QQQ, -2.19 SPY, -2.15 XLU, -1.97 XLY, -1.95 IYR, -1.92 XLV, -1.80 XME, -1.59 XLI, -1.44 EPP, -1.43 XLP, -1.38 DIA, -1.26 SLV, -1.24 XLK, -1.21 IEV, -1.21 XOP, -1.19

🍂

fall (1)

USO, 0.78

📊 ETF13 Portfolio

Rank	Symbol	Price	Signal	1wk%	Blend%	Chg
1	ILF	$33.88	BUY	+4.0%	+14.0%	—
2	EWA	$27.21	CASH	-0.3%	+3.2%	—
3	EEM	$55.20	CASH	-0.8%	+2.7%	—
4	EPP	$51.94	CASH	-0.2%	+2.1%	—
5	EWJ	$81.43	CASH	+0.3%	+0.8%	—
6	EFA	$93.80	CASH	+0.2%	-1.2%	—
7	MDY	$603.80	CASH	+0.4%	-1.5%	—
8	IYR	$92.61	CASH	-0.9%	-2.0%	—
9	TLT	$85.64	CASH	-0.2%	-2.6%	—
10	IWM	$243.10	CASH	+0.4%	-3.1%	—
11	DIA	$451.39	CASH	-1.0%	-5.4%	—
12	SPY	$634.09	CASH	-2.2%	-6.5%	—
13	QQQ	$562.58	CASH	-3.4%	-8.1%	—

📊 ETF22 Portfolio

Rank	Symbol	Price	Signal	1wk%	Blend%	Chg
1	XLE	$62.56	BUY	+5.5%	+40.9%	—
2	ILF	$33.88	BUY	+4.0%	+14.0%	—
3	XLU	$45.59	BUY	+2.1%	+7.5%	—
4	XLB	$48.91	BUY	+4.1%	+7.3%	—
5	XLP	$81.78	CASH	+0.6%	+4.3%	—
6	EWA	$27.21	CASH	-0.3%	+3.2%	—
7	EEM	$55.20	CASH	-0.8%	+2.7%	—
8	XLI	$159.20	CASH	-1.5%	+2.2%	—
9	EPP	$51.94	CASH	-0.2%	+2.1%	—
10	EWJ	$81.43	CASH	+0.3%	+0.8%	—
11	EFA	$93.80	CASH	+0.2%	-1.2%	—
12	MDY	$603.80	CASH	+0.4%	-1.5%	—
13	IYR	$92.61	CASH	-0.9%	-2.0%	—
14	TLT	$85.64	CASH	-0.2%	-2.6%	—
15	IWM	$243.10	CASH	+0.4%	-3.1%	—
16	XLV	$143.26	CASH	-1.4%	-4.2%	—
17	DIA	$451.39	CASH	-1.0%	-5.4%	—
18	SPY	$634.09	CASH	-2.2%	-6.5%	—
19	QQQ	$562.58	CASH	-3.4%	-8.1%	—
20	XLK	$129.92	CASH	-4.0%	-9.1%	—
21	XLF	$47.81	CASH	-2.6%	-13.0%	—
22	XLY	$105.68	CASH	-1.9%	-13.2%	—

📖 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