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Market Anatomy, Wednesday, November 11, 2026

Published Nov 11, 2026, 4:20 PM ET

Market Anatomy, Wednesday, November 11, 2026

On November 11, 4 of the 8 tracked indices were above their 50-day average. Fossil rose 26.7%, Coreweave rose 24.7% and Hims & Hers Health rose 8.8%, the biggest moves with a cause on record.

Market Anatomy as drawn for the share card of Wednesday, November 11, 2026. The same picture is on its share card.

Today's standout, the names around it and how it sits against the market. Tap a name, a sector or an index to move.

Today's relationship

Fossil

Fossil made the largest move with a cause on record.

Fossil

FOSL · close 9.97

+26.68%1d
Fossil, stored closes
  • Fossil+90.3%

Stored daily closes.

Nearest connections

Stored cause

2026-11-10: Fossil Says Turnaround Ahead of Plan as Sales Return to Growth

Sector

Consumer Discretionary. Sector by SEC SIC code, mapped by us: SIC 3873, Watches, Clocks, Clockwork Operated Devices/Parts. The Consumer Discretionary fund moved -0.05%, 11 of 11 sectors.

Against the market

Fossil moved +26.68% on the session, 25.80 points ahead of the Russell 2000.

Outside the S&P 500 holdings file dated 2026-11-10.

Its sector

Largest Consumer Discretionary names in the S&P 500, file dated 2026-11-10

  • HDHome Depotweight only0.54% of the S&P 500
  • MCDMcdonaldsweight only0.31% of the S&P 500
  • TJXTjx Companies Inc /De/weight only0.23% of the S&P 500
  • LOWLowes Companiesweight only0.20% of the S&P 500
  • SBUXStarbucksweight only0.19% of the S&P 500
  • BKNGBookingweight only0.18% of the S&P 500

Indices

Weights, ranks and sectors come from the stored holdings files: S&P 500 (dated 2026-11-10), Dow 30 (dated 2026-11-10), S&P MidCap 400 (dated 2026-11-10), S&P SmallCap 600 (dated 2026-11-10). A sector taken from the SEC SIC code is mapped by us and says so beside it.

The day's board

Market participation

50%

4 of 8 tracked indices above their 50-day average

Counted over ^GSPC, ^IXIC, ^DJI, ^RUT, ^FTSE, ^N225, ^GDAXI, 000001.SS. This is a reading across whole market indices, not a count of the companies inside any one of them.

Today's movers

Sectors, one session

Each bar is scaled against the widest move of the day. Tap a sector to see its largest names.

Key takeaways

  1. 1

    The S&P 500 rose 1.31% while the equal weight fund (RSP) rose 0.80%, a gap of 0.51 points. This compares two readings and is not a contribution from any company. The cap-weighted index ran ahead of the equal-weight fund.

  2. 2

    Technology (XLK) rose 3.23% while the next sector fund, Energy, rose 1.86% and Consumer Discretionary slipped 0.05%. The sector spread is wide, and the Nasdaq Composite at +1.60% led the four headline and comparison indices.

  3. 3

    Participation reads 4 of 8 tracked indices above their 50-day average (50%), up from 3 of 8 last session. Half the tracked set is still not above its average, so the broad rise sits beside only partial breadth.

  4. 4

    Dell, Lumentum, Super Micro and Intel all rose with Technology, ahead of the 3.23% fund move by between 4.29 and 8.53 points. Their stored cause is the sector move, so these are sector readings rather than company-specific ones.

The full day: index block, sentiment, every mover and the open questions
7,619.38 +1.31%1d

Capitalisation weighted, so a move in the largest companies moves it more than a move in the smallest.

the last 40 stored closes, scaled to their own range
25,466.19 +1.60%1d

Every Nasdaq listing, weighted by capitalisation and heavy in technology.

52,486.49 +0.49%1d

Thirty names weighted by price rather than by capitalisation, so it can disagree with the S&P for arithmetic reasons alone.

2,846.26 +0.88%1d

Small capitalisation names. Read against the S&P, it is the size half of how broad a day was.

222.65 +0.80%1d

The same five hundred companies weighted equally, so the largest names count no more than the smallest. Read against the cap-weighted index, the gap is how much of the day belonged to the biggest companies.

Cap weight against equal weight+0.51pp

The cap-weighted index outran the equal-weighted one, so the largest companies carried more of the session than their number.

Sentiment

Sentiment composite
32 +13.08%1d

This system's own composite of up to seven stored inputs, 0 (extreme fear) to 100 (extreme greed), computed after each close; not CNN's index (work item #699). Context for whether sentiment confirms the tape or contradicts it.

17.52 -9.97%1d

Expected thirty day volatility from S&P 500 options. Rising with the index is the contradiction worth seeing.

Today's key movers

+11.75%
DELL 373.68
Moved with XLK +3.23%

Moved 11.8%, at or above the 3% floor for this strip

+10.67%
LITE 648.06
Moved with XLK +3.23%

Moved 10.7%, at or above the 3% floor for this strip

+9.50%
SMCI 30.43
Moved with XLK +3.23%

Moved 9.5%, at or above the 3% floor for this strip

+8.78%
HIMS 20.81
CATALYST FOUND

2026-11-10: FTC and Five States Expand Lawsuit Against Hims and Hers Over Privacy

News event dated 2026-11-10, FTC Press Releases: FTC and Five States Expand Lawsuit Against Hims and Hers Over Privacy

Moved 8.8%, at or above the 3% floor for this strip

+7.52%
INTC 62.5
Moved with XLK +3.23%

Moved 7.5%, at or above the 3% floor for this strip