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New cluster forming around $CAAP

New cluster forming around $CAAP

Stable
Theme thesis

CAAP has cross-asset links, but the lineage is still shallow. Treat this as an early watchlist setup, not a confirmed bridge.

Use the confirmer and break level to decide if this setup is still worth your time.

StagePersistent
UpdatedLive
Breadth22%
Setup strength
31
Glance animation
Trade Read
Why it matters

CAAP has cross-asset links, but the lineage is still shallow. Treat this as an early watchlist setup, not a confirmed bridge.

What changed

CAAP leadership persisted

What to watch

FR is the clearest next confirmer and should tell us whether the move can broaden.

What breaks it

Bridge activity may stay local and fail to become real cross-asset confirmation outside rates.

Latest Headlines
1 recent headline mention AIR.
Headlines
The best vintage and classic cars for sale online | Bring a Trailer
May 15, 6:58 PM
2001 BMW M Roadster S54 at No Reserve

This 2001 BMW M Roadster is the only example finished in Alpine White over Laguna Seca Blue and black Nappa leather for the model year. It was purchased by the seller in April 2014, and 6k of the 56k miles have been added since that time. Power is from a 3.2-liter S54 inline-six linked with a five-speed manual transmission and a limited-slip differential. Equipment includes a black convertible soft top, silver-finished 17" Style 40 wheels, heated sport seats, a cassette stereo, a Harman Kardon sound system, air conditioning, and cruise control. This M Roadster is now offered at no reserve with a clean Washington title in the seller's name.

AIR
Who Is Leading
Names
Breadth
22%
How broad the move is
Leaders
1
Confirmers
0
Lagging
0
Leaders
Corporacion America Airports SA (CAAP)
-1.1%

CAAP is confirming the move early.

Confirmers
No live confirmer roster available.
Supporting Names
Ambev S.A. (ABEV)
-2.7%
ABEV is confirming the move early.
AGCO Corporation (AGCO)
-2.8%
AGCO is confirming the move early.
AAR Corp. (AIR)
-4.4%
AIR is following the broader theme move.
Applied Industrial Technologies (AIT)
-2.2%
AIT is following the broader theme move.
ATI Inc. (ATI)
-6.7%
ATI is following the broader theme move.
Astronics Corporation (ATRO)
+0.6%
ATRO is currently driving the theme.
AXIA Energia (AXIA)
-2.2%
AXIA is following the broader theme move.
AZZ (AZZ)
AZZ is acting as a bridge inside Industrial Machinery & Equipment Cohort, helping the move transmit beyond the core leadership group.
BA (BA)
BA is acting as a bridge inside Industrial Machinery & Equipment Cohort, helping the move transmit beyond the core leadership group.
BAP (BAP)
BAP is acting as a bridge inside Industrial Machinery & Equipment Cohort, helping the move transmit beyond the core leadership group.
BAX (BAX)
BAX is acting as a bridge inside Industrial Machinery & Equipment Cohort, helping the move transmit beyond the core leadership group.
Not Yet Participating
AIT (AIT)
46%
Not participating yet
ATI (ATI)
41%
Not participating yet
ATRO (ATRO)
36%
Not participating yet
Sectors
What Is Confirming
Confirming Sectors
CAAP
88% participation
88%
Watchlist Sectors
ABEV — Participation 64%
AGCO — Participation 58%
AIR — Participation 52%
Absent Sectors
AIT — Still absent
ATI — Still absent
ATRO — Still absent
Live Names
12 names
Live Names
Rank
Symbol
Role
Signal
Score
Recent
Note
1
Corporacion America Airports SA (CAAP)
Leader
Live
n/a
-1.1%
CAAP is confirming the move early.
2
Ambev S.A. (ABEV)
Participant
Live
n/a
-2.7%
ABEV is confirming the move early.
3
AGCO Corporation (AGCO)
Participant
Live
n/a
-2.8%
AGCO is confirming the move early.
4
AAR Corp. (AIR)
Participant
Live
n/a
-4.4%
AIR is following the broader theme move.
5
Applied Industrial Technologies (AIT)
Participant
Live
n/a
-2.2%
AIT is following the broader theme move.
6
ATI Inc. (ATI)
Participant
Live
n/a
-6.7%
ATI is following the broader theme move.
7
Astronics Corporation (ATRO)
Participant
Live
n/a
+0.6%
ATRO is currently driving the theme.
8
AXIA Energia (AXIA)
Participant
Live
n/a
-2.2%
AXIA is following the broader theme move.
9
AZZ (AZZ)
Participant
Live
n/a
n/a
AZZ is acting as a bridge inside Industrial Machinery & Equipment Cohort, helping the move transmit beyond the core leadership group.
10
BA (BA)
Participant
Live
n/a
n/a
BA is acting as a bridge inside Industrial Machinery & Equipment Cohort, helping the move transmit beyond the core leadership group.
11
BAP (BAP)
Participant
Live
n/a
n/a
BAP is acting as a bridge inside Industrial Machinery & Equipment Cohort, helping the move transmit beyond the core leadership group.
12
BAX (BAX)
Participant
Live
n/a
n/a
BAX is acting as a bridge inside Industrial Machinery & Equipment Cohort, helping the move transmit beyond the core leadership group.
Theme Stability
Stability
Theme stability

This view is meant to answer a simple question: is the theme holding together, broadening, narrowing, or still changing shape?

First seen2026-05-14
Last seen2026-05-14
Runs1
Days1
ReadForming · 1 day
Label drift1 variants

This theme is still forming. There is only one supporting session, so there is not yet a deep trail to interpret.

No deeper lineage trail is available yet for this theme.
Activation Evidence
Live
First wave leaders
1
Names that moved first.
Second wave confirmers
1
Follow-through names joining after the leader.
Net new members
1
New names added to the move.
Repeat rate
69%
How often the same names keep reappearing.
Confirmer speed
33%
How quickly confirmation showed up.
Path coherence
0%
How clean the activation path looks.
Sequence buildup
73%
Whether the move built in sequence.
Leader to confirmer
n/a
Median lead time from leader to confirmer.
Multi-Asset
Cross-Market Support
How to use this

Treat this as a secondary check. If outside markets are helping, it supports the setup. If they are hurting, lower conviction or wait. If they are neutral, ignore it.

FR → AGG
Hurting
cross_asset_lag1
15% link
30D
Cuts against it
Weak
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