Weekly recap
Week of Apr 20 – Apr 24, 2026
April 20 – April 24, 2026 · 5 trading days
What happened this week
Markets traded in a Mixed regime across the April 20–24 trading week, with the broad index posting modest gains amid day-to-day chop. Verity held QQQ all five sessions, finishing +2.32% for the week against the S&P 500's +0.55%. The edge came primarily from Wednesday and Friday, when growth leaders outperformed the broad market by 64bps and 112bps respectively. Conditions remained mixed throughout and no defensive rotation was triggered.
By the numbers
- Verity weekly return: +2.32%
- S&P 500 weekly return: +0.55%
- Edge: +1.77pp
- Trading days covered: 5
Day by day
| Date | Selected | Conditions | Allocation | Verity | S&P 500 | Edge |
|---|---|---|---|---|---|---|
| 2026-04-20 | QQQ | Choppy / Neutral | 100% equity | -0.32% | -0.19% | -0.13pp |
| 2026-04-21 | QQQ | Choppy / Neutral | 100% equity | -0.38% | -0.66% | +0.28pp |
| 2026-04-22 | QQQ | Choppy / Neutral | 100% equity | +1.67% | +1.03% | +0.64pp |
| 2026-04-23 | QQQ | Choppy / Neutral | 100% equity | -0.56% | -0.40% | -0.16pp |
| 2026-04-24 | QQQ | Choppy / Neutral | 100% equity | +1.91% | +0.79% | +1.12pp |
What changed
- Nothing changed this week. The signal held steady throughout.
What didn't change
- Held QQQ (Nasdaq-100) for all 5 trading days
- Regime remained Choppy / Neutral throughout the week
- Allocation was 100% equity every day