Weekly recap
Week of Apr 27 – May 1, 2026
April 27 – May 1, 2026 · 5 trading days
What happened this week
The week of April 27–May 1 closed with markets in a Bull-Neutral regime. Verity held QQQ four of the five days and rotated to MTUM on Friday, finishing +0.96% for the week against the S&P 500's +0.93%. Wednesday's session was the standout — QQQ gained 0.61% while the broad market closed flat — though Tuesday's QQQ-led drawdown of 1.01% kept the week's edge narrow. Conditions remained favorable throughout and no regime change was triggered.
By the numbers
- Verity weekly return: +0.96%
- S&P 500 weekly return: +0.93%
- Edge: +0.03pp
- Trading days covered: 5
Day by day
| Date | Selected | Conditions | Allocation | Verity | S&P 500 | Edge |
|---|---|---|---|---|---|---|
| 2026-04-27 | QQQ | Bull / Neutral | 100% equity | +0.05% | +0.16% | -0.11pp |
| 2026-04-28 | QQQ | Bull / Neutral | 100% equity | -1.01% | -0.49% | -0.52pp |
| 2026-04-29 | QQQ | Bull / Neutral | 100% equity | +0.61% | -0.00% | +0.61pp |
| 2026-04-30 | QQQ | Bull / Neutral | 100% equity | +0.93% | +0.97% | -0.04pp |
| 2026-05-01 | MTUM | Bull / Neutral | 100% equity | +0.39% | +0.29% | +0.10pp |
What changed
- Friday May 1: Rotated from QQQ to MTUM (momentum factor). One pick change for the week.
What didn't change
- Regime remained Bull / Neutral throughout the week
- Allocation was 100% equity every day