Themes / Group
Fading · newly observed relationshipLive session · 13:30 ET

MARKET-DISCOVERED GROUP

Growth Stocks · BROS

THE TRADER READShared activity without a clean directional read

Price direction is split across 6 measured members. Capital-flow confirmation is unavailable.

Price breadth2 up · 4 downRelative median unavailable
Capital-flow alignmentUnavailablePrice breadth is not yet confirmed by flow
Activity nowLow_pressureActivity score 13/100
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

THU, FEB 26GOLF filing documented shared operating contextcredit / rates affecting interest expense · date precision only

MON, AUG 3CALY filing documented shared operating contextcredit / rates affecting interest 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

5/6 members covered

Moderate filing support: the strongest shared 10-Q/K outlook is operating setup (near-term outlook) across BROS, CALY, GOLF, INSM, PLNT.

credit / rates affecting interest expense

“The increase in non-GAAP net income from continuing operations was primarily due to a $28.2 million increase in segment operating income combined with lower interest expense, partially offset by an increase in the income tax provision.”

CALY 10-Q · 2026-08-04
tariffs / trade costs affecting gross margin

“The improvement in gross margin was due to favorable pricing and product mix, cost savings from gross margin initiatives, and the receipt of $10.8 million of tariff refunds in the current period.”

CALY 10-Q · 2026-08-04
tariffs / trade costs affecting operating income

“Operating income The $24.1 million increase in Golf Equipment segment operating income for the three months ended June 30, 2026 was primarily driven by the increase in net sales noted above, combined with improved gross margins resulting from favorable pricing, product mix, cost savings from gross margin initiatives and lower tariffs.”

CALY 10-Q · 2026-08-04
CONFIRMATION NETWORK

Outsiders and cross-asset links

0 outsiders confirming
SLV → GOLFInverse historical lead/lag · strength -0.46
UVXY → GOLFPositive historical lead/lag · strength 0.33
GOLF → SLVInverse historical lead/lag · strength -0.16

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
TIGOGOLFPLNTCALYINSMBROS

4/6 active2 rising · 4 falling

MemberUnusual activityToday's moveRead now
TIGOMillicom International Cellular S.A.
Elevated · 100/100
-7.5%
Active; unclassifiedHistorical role unavailable
GOLFAcushnet Holdings Corp.
Elevated · 66/100
-1.5%
Active; unclassifiedHistorical role unavailable
PLNTPlanet Fitness, Inc.
Elevated · 65/100
+5.4%
Active; unclassifiedHistorical role unavailable
CALYCallaway Golf Company
Elevated · 59/100
-2.9%
Active; unclassifiedHistorical role unavailable
INSMInsmed Incorporated
Elevated · 25/100
+0.1%
Active; unclassifiedHistorical role unavailable
BROSDutch Bros Inc.
Most unusual · 24/100
-4.0%
Active; unclassifiedHistorical role unavailable
View exact member values
TICKERCompanyRole nowTodayObserved historyTrader interpretation
TIGOMillicom International Cellular S.A.Participating-7.5%—Price participation is not yet confirmed by per-name flow.
GOLFAcushnet Holdings Corp.Participating-1.5%—Price participation is not yet confirmed by per-name flow.
PLNTPlanet Fitness, Inc.Participating+5.4%—Price participation is not yet confirmed by per-name flow.
CALYCallaway Golf CompanyParticipating-2.9%—Price participation is not yet confirmed by per-name flow.
INSMInsmed IncorporatedParticipating+0.1%—Price participation is not yet confirmed by per-name flow.
BROSDutch Bros Inc.Most unusual-4.0%—Most unusual activity in this snapshot; performance direction may differ.

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.