Weekly Market Note — Sept 23, 2026

The S&P 500 closed at 7,764.64, up 2.36% on the week and +1.18% in the latest session. The index remains inside its 52-week range of 6,316.91 to 7,816.70, reflecting continued resilience in broader equity markets.

Technology outperformed sharply. The XLK ETF ended the week at 196.27, rising 6.51% and jumping 7.07% in the latest session, trading close to its 52-week high of 198.73 as investors favored large-cap tech exposure.

What this means for our strategy: we remain disciplined to our systematic framework and risk controls. Positive tech momentum will be reflected only within predefined allocation and liquidity limits; we will scale exposures mechanically per signals and trim or hedge if volatility or liquidity conditions warrant.

This commentary is provided by Aryos Capital for informational purposes only. It does not constitute investment advice, a recommendation, or an offer to sell or a solicitation of an offer to buy any security. Past performance is not indicative of future results.