TL;DR: Haruspex publishes a precisely dated directional pressure score for every stock analyzed. These scores reflect market behavior at a specific moment and are later measured against the S&P 500, creating a transparent, verifiable record of market insights.
On Thursday, August 20, 2026, ET, the equity markets continued to show dynamic shifts, with the S&P 500 at 7707.98 [data: 2026-08-20 close], up 0.21%. Understanding market shifts requires clear, dated analysis. Haruspex provides this by issuing a single, composite directional pressure score for each covered stock at the close of trading, designed for transparent, long-term measurement.
This approach establishes a public record. Each score acts as a documented snapshot of market pressure, enabling observers to track how these signals unfold against broader market movements. The systematic measurement against a benchmark like the S&P 500 offers a consistent framework for evaluation.
Current Market Environment Snapshot
Market conditions influence all trading signals. Here is a summary of key macro indicators as of the latest close:
| Metric | Current | Source Date |
|---|---|---|
| S&P 500 | 7707.98 (+0.21%) | 2026-08-20 close |
| VIX | 16.00 | 2026-08-20 close |
| 10Y Treasury Yield | 4.70% | 2026-08-20 close |
| WTI Crude Oil | $86.85 | 2026-08-20 close |
| US Dollar Index (DXY) | 98.75 | 2026-08-20 close |
What do Haruspex scores represent?
Haruspex scores quantify detected market directional pressure for individual stocks. A score is not a company quality rating, nor is it a valuation. Instead, it measures the collective market behavior around a stock at a specific point in time, indicating whether bullish or bearish forces are currently dominant.
These scores range from 0 to 100. A score of 70 or higher suggests strong bullish pressure. Scores between 60 and 69 indicate general bullish pressure. The range of 45-59 signifies no clear directional edge. Scores from 35-44 point to bearish pressure, while anything below 35 signals strong bearish pressure.
The system combines multiple distinct data dimensions to arrive at a single, composite score. These dimensions isolate specific market phenomena, providing a detailed understanding of the forces at play. For example, a stock might show strong technical momentum while social sentiment remains neutral.
How Haruspex Constructs a Dated Score
Each Haruspex score is a composite derived from various market dimensions. These dimensions capture different facets of market activity. Consider FRO (Frontline plc), which currently holds a score of 74.0, up 2.0 points. Its current bullish pressure is primarily driven by its Market Microstructure dimension.
Haruspex analysis for FRO indicates 61% buy flow, alongside excellent liquidity and tight spreads. This specific detail from the Market Microstructure dimension highlights active buying interest. However, monitoring volume and order flow continuity is crucial for confirming or weakening this bullish signal.
Similarly, ABBV (AbbVie Inc.) has a score of 73.0, up 3.0 points, also primarily from its Market Microstructure dimension. This indicates 64% buy flow, combined with excellent liquidity and tight spreads. These factors suggest ongoing bullish directional signals around ABBV.
For AEM (Agnico Eagle Mines Limited), the score has risen significantly, up 10.0 points to 73.0. The strong bullish pressure here stems from the Market Microstructure dimension, showing 85% buy flow on 174% above-average volume. The combination of high buy flow and increased volume strengthens this particular signal.
BMY (Bristol-Myers Squibb) shows a score of 73.0, a 4.0-point increase, with its bullish pressure coming from the Market Microstructure dimension. It registered 62% buy flow and strong liquidity with tight spreads. These micro-level details provide insight into current trading dynamics.
Lastly, MPC (Marathon Petroleum Corporation) currently scores 73.0, up 1.0 point. For MPC, the bullish pressure originates from its Technical Analysis dimension. The stock is noted at $360.75 in a bullish trend (golden cross) in a 1-month swing context. A short-term momentum of +21.2% and an RSI of 71.2 are key inputs here, with the high RSI indicating overbought pressure.
The Verifiable Record: Measurement Against the S&P 500
The unique value of Haruspex lies not just in generating scores, but in the rigorous, dated measurement of their outcomes. Every score published is stamped with a precise date and time. This dated record is then measured against the S&P 500, which serves as the consistent market benchmark.
This systematic comparison provides transparency. It allows for an objective assessment of how the detected market pressures performed relative to the broad market over specific timeframes. The process itself is the cornerstone of accountability, ensuring that every published score contributes to a verifiable history.
Regime Thresholds: Equity Directional Pressure
The broader market environment sets context for individual stock movements. Understanding key macro thresholds helps interpret current signals. The VIX, for example, at 16.00 [data: 2026-08-20 close], suggests moderate market volatility. A sustained VIX reading below 15 typically aligns with lower uncertainty, while readings above 20 often coincide with increased investor apprehension.
The 10Y Treasury Yield at 4.70% [data: 2026-08-20 close] continues to influence discount rates and equity valuations. Should this yield sustainably break above 5.0%, it could introduce headwinds for growth-oriented sectors. Conversely, a sustained decline below 4.50% might provide tailwinds for risk assets.
What This Method Cannot See
While Haruspex captures quantifiable market pressures, it does not account for all factors influencing stock prices. Unforeseen geopolitical events, sudden shifts in company-specific news (e.g., unexpected FDA rulings, CEO changes, or major litigation outcomes), or truly black swan events are beyond the scope of any data-driven model that relies on historical patterns and current market flow. These events can override technical or microstructure signals.
Furthermore, this methodology does not incorporate qualitative factors like management quality, brand strength, or long-term competitive advantages in a fundamental sense. It focuses on detectable market behavior. A score reflects market action and sentiment, not an intrinsic assessment of a company's business model or future innovation potential.
What Would Change This View
The core thesis of Haruspex — providing dated, verifiable market directional scores measured against the S&P 500 — relies on specific conditions for its integrity. This framework would be fundamentally altered if the precise date and time of score publication were no longer uniformly captured and publicly accessible. Consistency in dating is essential for measurement.
Another condition for the continuing validity of this verifiable record is the clear and consistent application of the S&P 500 as the measurement benchmark. Any ambiguity or inconsistency in the chosen benchmark would compromise the objectivity of outcome measurement. Finally, if the public availability of detailed score components and their changes were to cease, the transparency inherent in the system would be diminished.
The Value of Dated and Measured Insights
In a complex and often opaque market, the commitment to dated, data-driven scores and their transparent measurement against a standard benchmark offers clarity. It moves beyond subjective opinion, providing an observable record of market signals. This approach allows for a direct understanding of how detected market pressures evolve and interact with broader market movements over time.
Haruspex analysis provides a structured way to observe and understand market behavior through concrete, measurable signals. This framework informs a more disciplined approach to analyzing market dynamics, grounded in specific data points and their subsequent, verifiable outcomes.
