VOL. I · NO. 119 · standardpoorly.comTHU · MAY 28 · 2026FORWARD HORIZON · 1 d / 1 wk / 1 mo / 3 mo
STANDARD Poorly
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StandardmacroSP-3415

American Express (AXP) stock price

American Express premium-card-skewed. Outperformance vs V/MA suggests strong high-end discretionary spending.

the verdict —
At the 252d horizon, this signal hits in the predicted direction 56% of fires. Mean SPY forward return when it lights: +0.83%. Status: OOS validated. n = 6370. Bullish on the underlying when fired.
What to watch when it fires
AXP

Current state

Latest value · 2026-05-22
311.8
vs ~6 weeks ago
0.5%
vs 60 days ago
7.0%
vs 7 days ago
0.7%
last 90 observations · 2026-01-14 2026-05-22

The series — full history

Daily readings, every reading we have. Pick a window with the time-period buttons; flip to candles via the global toggle in the masthead (or press C). Toggle the SPY overlay to see how this series and the S&P 500 have moved together.

American Express (AXP) stock price
311.8 +24.60 (+8.57%) over 1Y
Hover for date + value · Toggle SPY to compare relative move · Switch to Candle for OHLC view
388.9362.0335.1308.1281.2May 25Aug 25Nov 25Feb 26May 26
2025-05-22 → 2026-05-22 · 252 bars

What it has historically predicted

On days when this signal fires (deviates 2+ standard deviations from its 30-day average, in either direction), SPY has historically averaged +0.83% over the next year, moving in the same direction as the signal 56% of the time.

49%
−0.02%
1 d
49%
−0.09%
1 wk
52%
−0.19%
1 mo
50%
−0.28%
3 mo
54%
+0.21%
6 mo
56%
+0.83%
1 yr

Beyond SPY — how this signal performs across markets

Same fire days, different forward returns. Each row asks: when this signal fires, what does that asset do? The big number is the average return; underneath is how often the asset moved the same direction as the signal (50% would be a coin flip).

target
1 d
1 wk
1 mo
3 mo
6 mo
1 yr
SPY
S&P 500 ETF
n=6,370
-0.02%
49% same direction
-0.09%
49% same direction
-0.19%
52% same direction
-0.28%
50% same direction
+0.21%
54% same direction
+0.83%
56% same direction
MOVE
bond volatility
n=6,543
+0.34%
53% same direction
+1.4%
54% same direction
+4.7%
56% same direction
+8.3%
58% same direction
+6.1%
57% same direction
+8.3%
56% same direction
Analyst · 6 moreWTI · Gold · BTC · Copper · DXY · VNQ see the full 8-target matrix with bootstrap confidence intervals.Join waitlist →

Each fire in history — when the signal popped, what SPY did next

Each bar is one historical fire — the indicator's value moved 2.5+ standard deviations from its rolling 180 trading-day mean (~9 months), or for monotonic “days since” indicators, crossed an 80th/90th/95th/99th percentile. Bar height = SPY's forward return at the selected horizon, signed by signal direction. Green above zero means the market moved with the signal; red below zero means it moved against.

horizon:
0 fires · 0% positive · avg +0.00%
⚠ This indicator hasn't fired since 2024-11-29 (545 calendar days ago). Currently quiet — chart shows historical fires only.
−5.0%−2.5%0%+2.5%+5.0%
Each bar = one fire day (|z|≥2.5 from 180-day rolling baseline). Bar height = SPY return over the the next year, signed by signal direction. Dashed line = average across fires.
shaded cell = each row's strongest horizon (green = bullish forward return, red = bearish)“same direction” means the asset moved the same way the signal moved — opposite of a coin flip.