VOL. I · NO. 119 · standardpoorly.comWED · JUN 17 · 2026FORWARD HORIZON · 1 d / 1 wk / 1 mo / 3 mo
STANDARD Poorly
"All the correlations that are barely fit to print"
← back to front page·indicator report
StandardlaborSP-4090

Challenger Monthly Job Cuts

Announced job cuts, Challenger Gray monthly report headline. One observation per month; return_1d = month-over-month change.

the verdict —
Engine has no recorded fires for this indicator (no day where |z|≥2 against the rolling window). The series is too steady, the threshold is too high, or the data is too short to evaluate. Status: pending.

Current state

Latest value · 2026-05-01
97,006
vs 7 days ago
37%
last 26 observations · 2024-04-01 2026-05-01

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.

Challenger Monthly Job Cuts
97,006 +32,217 (+49.73%) over 1Y
Hover for date + value · Toggle SPY to compare relative move
285K218K151K83,23715,91120242024202520252026
2024-04-01 → 2026-05-01 · 26 bars

What it has historically predicted

Historically barely better than chance over the next trading day. We surface this for transparency, not because we'd trade on it.

50%
1 d
50%
1 wk
50%
1 mo
50%
3 mo
50%
6 mo
50%
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=0
50% same direction
50% same direction
50% same direction
50% same direction
50% same direction
50% same direction
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.
Analyst · previewYou're seeing the public read on this signal. Analyst unlocks the full multi-year track record + bootstrap confidence intervals + an alert when this indicator fires. Trader adds the walk-forward backtest + intraday refresh + the API / MCP to pull this signal into Claude.Compare tiers →