Themes / Cluster
Active · newly observed relationshipLatest completed snapshot · Sep 11 · 11:20 ET

MARKET-DISCOVERED GROUP

Off-Price Retailers

THE TRADER READShared activity without a clean directional read

Price direction is split across 3 measured members. Capital-flow confirmation is unavailable.

Price breadth2 up · 1 downRelative median unavailable
Capital-flow alignmentUnavailablePrice breadth is not yet confirmed by flow
Activity nowLow_pressureActivity score 21/100
Evidence depth0 support daysLow sample—context, not a validated playbook
EVIDENCE CLOCK

What happened, in timestamp order

0 timed events
TIMING READA causal timing read is unavailable because no material member price onset could be timestamped.

No session event has enough timestamp precision to place on the clock.

2 earlier filing context receipts

MON, NOV 24BURL filing documented shared operating contexttariffs / trade costs affecting expense · date precision only

THU, AUG 27TJX filing documented shared operating contexttariffs / trade costs affecting expense · date precision only

Headline times and retained activity confirmations are point-in-time evidence. Price order is inferred from aligned 5-minute bars. Filing evidence has date precision only and is context, not an intraday catalyst claim.

01 · WHAT IS HAPPENING

The move, the flow and who is driving it

Price breadth, unusual activity and signed capital flow are separate observations
Price sequence unavailableA timestamped price sequence is unavailable.
RELATIVE CO-MOVEMENT

How the members are behaving together

Session-normalized

Observed intraday paths are not available for this group yet.

02 · WHY IT MATTERS

Why now and where the move could travel

Context and lead/lag links are evidence, not proof of causation or a forecast
WHY NOW

Verified recent context

0 items

No verified recent catalyst is attached to this move. The relationship may be market-led rather than news-led.

WHY THIS GROUP EXISTS

Shared filing context

3/3 members covered

Moderate filing support: the strongest shared 10-Q/K relation is tariffs / trade costs affecting expense on expense across BURL, ROST, TJX.

tariffs / trade costs affecting expense

“The increase in segment profit margin for the first six months of fiscal 2027 was driven by a net benefit from tariff refunds and favorable merchandise margin due to higher markon, partially offset by investments in supply chain and incremental store wage and payroll costs.”

TJX 10-Q · 2026-08-28
credit / rates affecting interest expense

“Interest (Income) Expense, net The components of interest (income) expense, net are summarized below: Thirteen Weeks Ended Twenty-Six Weeks Ended In millions August 1, 2026 August 2, 2025 August 1, 2026 August 2, 2025 Interest expense $ 20 $ 19 $ 40 $ 39 Capitalized interest (1) (1) (3) (3) Interest (income) (50) (45) (103) (93) Interest (income) expense, net $ (31) $ (27) $ (66) $ (57) Interest (income) expense, net increased for both the second quarter and first six months of fiscal 2027 compared to the same periods in fiscal 2026, primarily due to an increase in interest income driven by a higher average cash balance, partially offset by a decrease in prevailing rates.”

TJX 10-Q · 2026-08-28
capital investment / capacity affecting capex

“The cash outflows for both periods were primarily driven by capital expenditures.”

TJX 10-K · 2026-03-31
CONFIRMATION NETWORK

Outsiders and cross-asset links

0 outsiders confirming
TJX → UVXYPositive historical lead/lag · strength 0.18
TJX → UNGInverse historical lead/lag · strength -0.15

Filing-linked outsiders test whether the move is spreading beyond the established cohort.

No high-confidence filing-linked outsiders are available for this group yet.

03 · WHO IS IN IT

Member participation

Unusual activity and daily price direction are shown separately
TJXROSTBURL

3/3 active2 rising · 1 falling

MemberUnusual activityToday's moveRead now
TJXThe TJX Companies, Inc.
Most unusual · 100/100
-0.3%
Active; unclassifiedHistorical role unavailable
ROSTRoss Stores, Inc.
Elevated · 42/100
+2.4%
Active; unclassifiedHistorical role unavailable
BURLBurlington Stores, Inc.
Elevated · 33/100
+0.4%
Active; unclassifiedHistorical role unavailable
View exact member values
TICKERCompanyRole nowTodayObserved historyTrader interpretation
TJXThe TJX Companies, Inc.Most unusual-0.3%—Most unusual activity in this snapshot; performance direction may differ.
ROSTRoss Stores, Inc.Participating+2.4%—Price participation is not yet confirmed by per-name flow.
BURLBurlington Stores, Inc.Participating+0.4%—Price participation is not yet confirmed by per-name flow.

04 · HAS THIS HAPPENED BEFORE

Identity history versus measured outcomes

Structural recurrence is not the same as a validated trading outcome
POINT-IN-TIME LIVE OUTCOMES

Live outcome ledger collecting

0/0 events completed

No completed point-in-time outcome is available yet. New live confirmations are now retained with their exact observation timestamp; statistics appear only after the corresponding candles complete.

No point-in-time live observations have completed yet.
Low structural sample

Only 0 completed episodes across 0 active sessions; treat history as context, not a validated playbook. These episode counts describe recurrence; the outcome ledger above is the only forward-performance evidence.

Structural support0 daysHow often the cohort identity was observed
Completed episodes0Separate periods of broad group activity
Active sessions0Completed session observations, not trades

Historical cohort observations are not available yet.