Cross-Sector Defensive Cohort
ExpandingTheme thesis
IMVT 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.
StageBroadening
UpdatedLive
Breadth94%
Setup strength
45
Why it matters
IMVT has cross-asset links, but the lineage is still shallow. Treat this as an early watchlist setup, not a confirmed bridge.
What changed
IMVT leadership persisted
What to watch
BMO is the clearest next confirmation candidate and should tell us whether the move can broaden.
What breaks it
Cross-Sector Defensive Cohort can stay leader-led if BMO and the next software names fail to join while IMVT keeps moving.
Latest Headlines
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Who Is Leading
Breadth
94%
How broad the move is
Leaders
1
Confirmers
0
Lagging
0
Leaders
IMVT is the current leadership name for Cross-Sector Defensive Cohort, carrying the highest structural influence in the live cluster.
Confirmers
No live confirmer roster available.
Supporting Names
ALH is acting as a bridge inside Cross-Sector Defensive Cohort, helping the move transmit beyond the core leadership group.
ARWR is acting as a bridge inside Cross-Sector Defensive Cohort, helping the move transmit beyond the core leadership group. Current signal state is independent breakout. Primary driver: +0.62% in 60m (z=0.14).
BBUC is acting as a bridge inside Cross-Sector Defensive Cohort, helping the move transmit beyond the core leadership group.
BIDU is acting as a bridge inside Cross-Sector Defensive Cohort, helping the move transmit beyond the core leadership group.
BMA is acting as a bridge inside Cross-Sector Defensive Cohort, helping the move transmit beyond the core leadership group.
BMO is acting as a bridge inside Cross-Sector Defensive Cohort, helping the move transmit beyond the core leadership group.
IBKR is acting as a bridge inside Cross-Sector Defensive Cohort, helping the move transmit beyond the core leadership group.
IVZ is acting as a bridge inside Cross-Sector Defensive Cohort, helping the move transmit beyond the core leadership group.
LAUR is acting as a bridge inside Cross-Sector Defensive Cohort, helping the move transmit beyond the core leadership group.
MUFG is acting as a bridge inside Cross-Sector Defensive Cohort, helping the move transmit beyond the core leadership group.
NCLH is acting as a bridge inside Cross-Sector Defensive Cohort, helping the move transmit beyond the core leadership group.
Not Yet Participating
What Is Confirming
Confirming Sectors
IMVT
88% participation
88%
ARWR
60% participation
60%
Watchlist Sectors
NCLH — Participation 64%
ALH — Participation 58%
BBUC — Participation 52%
Absent Sectors
BIDU — Still absent
BMA — Still absent
BMO — Still absent
Live Names
12 names
Rank
Symbol
Role
Signal
Score
Recent
Note
1
IMVT (IMVT)
Leader
Live
n/a
n/a
IMVT is the current leadership name for Cross-Sector Defensive Cohort, carrying the highest structural influence in the live cluster.
2
ALH (ALH)
Participant
Live
n/a
n/a
ALH is acting as a bridge inside Cross-Sector Defensive Cohort, helping the move transmit beyond the core leadership group.
3
Arrowhead Pharmaceuticals, Inc. (ARWR)
Participant
Mixed
58
n/a
ARWR is acting as a bridge inside Cross-Sector Defensive Cohort, helping the move transmit beyond the core leadership group. Current signal state is independent breakout. Primary driver: +0.62% in 60m (z=0.14).
4
BBUC (BBUC)
Participant
Live
n/a
n/a
BBUC is acting as a bridge inside Cross-Sector Defensive Cohort, helping the move transmit beyond the core leadership group.
5
BIDU (BIDU)
Participant
Live
n/a
n/a
BIDU is acting as a bridge inside Cross-Sector Defensive Cohort, helping the move transmit beyond the core leadership group.
6
BMA (BMA)
Participant
Live
n/a
n/a
BMA is acting as a bridge inside Cross-Sector Defensive Cohort, helping the move transmit beyond the core leadership group.
7
BMO (BMO)
Participant
Live
n/a
n/a
BMO is acting as a bridge inside Cross-Sector Defensive Cohort, helping the move transmit beyond the core leadership group.
8
IBKR (IBKR)
Participant
Live
n/a
n/a
IBKR is acting as a bridge inside Cross-Sector Defensive Cohort, helping the move transmit beyond the core leadership group.
9
IVZ (IVZ)
Participant
Live
n/a
n/a
IVZ is acting as a bridge inside Cross-Sector Defensive Cohort, helping the move transmit beyond the core leadership group.
10
LAUR (LAUR)
Participant
Live
n/a
n/a
LAUR is acting as a bridge inside Cross-Sector Defensive Cohort, helping the move transmit beyond the core leadership group.
11
MUFG (MUFG)
Participant
Live
n/a
n/a
MUFG is acting as a bridge inside Cross-Sector Defensive Cohort, helping the move transmit beyond the core leadership group.
12
NCLH (NCLH)
Participant
Live
n/a
n/a
NCLH is acting as a bridge inside Cross-Sector Defensive Cohort, helping the move transmit beyond the core leadership group.
Activation Evidence
Live
First wave leaders
0
Names that moved first.
Second wave confirmers
0
Follow-through names joining after the leader.
Net new members
0
New names added to the move.
Repeat rate
0%
How often the same names keep reappearing.
Confirmer speed
17%
How quickly confirmation showed up.
Path coherence
0%
How clean the activation path looks.
Sequence buildup
0%
Whether the move built in sequence.
Leader to confirmer
n/a
Median lead time from leader to confirmer.
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.
SN → AGG
Hurtingcross_asset_lag1
19% link
30D
Cuts against it
Weak
SN → EMB
Hurtingcross_asset_lag1
15% link
30D
Cuts against it
Weak