Finance Analyst Report: 2026-03-31 21:18:03
Executive Summary
- Market Sentiment: Neutral (Score: -0.08)
- Volatility Regime: Contango (Normal)
- Credit Signal: Risk ON
- Breadth: Moderately Bearish (24.3% >50d, 48.9% >200d)
- Net Liquidity: $5,767B (Expanding)
- Dark Pool DIX: 0.446 (Moderate Dark Pool Buying)
- MOVE Index: 96 | VIX/MOVE: 0.26 (Equity Vol Elevated vs Rates)
- Credit: HY OAS 3.46% (Watchful) | 2s10s: 0.51% (Normal (Steepening))
- Global Liquidity: $16,974B | BTC: $68,242 ▲ (Neutral)
- Seasonality (April): Avg +2.02%, Hit Rate 79% (Historically Bullish)
Equity & Derivatives Board
| Ticker | Price | RSI(14) | IVR | ZGL | GEX Sent | PCR |
|---|---|---|---|---|---|---|
| SPY | $652.24 | 22.80 | 19.9 | $640.90 | Bearish | 1.21 |
| QQQ | $580.19 | 21.95 | 22.5 | $563.28 | Bullish | 0.38 |
| IWM | $248.72 | 34.05 | 27.7 | $205.00 | Neutral | 1.19 |
Macro Board
| Ticker | Price | RSI(14) | IVR | ZGL | GEX Sent | PCR |
|---|---|---|---|---|---|---|
| VIX | 25.25 | 61.66 | 44.3 | $10.00 | Bearish | 1.34 |
| TNX | 43.11 | 62.72 | 50.5 | - | - | - |
| GLD | $431.17 | 22.70 | 54.2 | $406.70 | Bullish | 0.50 |
| DXY | 99.85 ▲ | 54.64 ▲ | 48.9 ▼ | - | - | - |
| SLV | $67.87 | 22.84 | 29.5 | $61.84 | Bullish | 0.67 |
Macro Fundamentals
- 10Y Yield: 4.31%
- Yield Curve (10Y-3M): 0.71 (Normal)
- DXY: 99.85 ▲
- Growth vs Value: 0.89
- Risk Appetite (XLY/XLP): 1.33 (Defensive)
Volatility Structure
- MOVE Index (Bond Vol): 96.05
- VIX/MOVE Ratio: 0.26 (Equity Vol Elevated vs Rates)
- 0DTE Call Volume: 708,279
- 0DTE Put Volume: 881,777
- 0DTE Put/Call Ratio: 1.24 (Balanced 0DTE Flow)
Credit Conditions
- HY OAS Spread: 3.46% (Watchful)
- BBB Spread: 1.16%
- 2s10s Spread: 0.51% (Normal (Steepening))
Market Breadth (S&P 500)
- Stocks Above 50-Day SMA: 24.3% (of 502)
- Stocks Above 200-Day SMA: 48.9%
- Breadth Signal: Moderately Bearish
Fed & Global Liquidity
- Fed Balance Sheet (WALCL): $6657.2B
- Treasury General Account (TGA): $874.1B
- Reverse Repo (RRP): $15.8B
- US Net Liquidity (WALCL - TGA - RRP): $5,767B
- Liquidity Regime: Expanding
- ECB Balance Sheet: ~$6,648B (USD approx)
- BOJ Balance Sheet: ~$4,558B (USD approx)
- Global Net Liquidity (Fed+ECB+BOJ): $16,974B
- BTC-USD: $68,242 ▲ (Neutral)
Dark Pool Activity
- DIX (Dark Index): 0.446
- GEX (Gamma Exposure): 2.33B
- Signal: Moderate Dark Pool Buying
Seasonality (April)
- 20yr Average Return: +2.02%
- 20yr Median Return: +1.55%
- Win Rate (% Years Positive): 79%
- Signal: Historically Bullish
EPS Revisions (Watchlist)
- AAPL: $1.96 (+0.1% vs 30d)
- MSFT: $4.09 (+0.0% vs 30d)
- NVDA: $1.78 (+5.6% vs 30d)
- GOOGL: $2.60 (+0.1% vs 30d)
- AMZN: $1.65 (+0.1% vs 30d)
- META: $6.61 (+0.1% vs 30d)
- TSLA: $0.40 (-2.2% vs 30d)
- WMT: $0.66 (-0.1% vs 30d)
- JPM: $5.41 (-1.5% vs 30d)
- GS: $15.93 (+1.5% vs 30d)
Upcoming Major Earnings
- GS: 2026-04-13
- JPM: 2026-04-14
- TSLA: 2026-04-21
- GOOGL: 2026-04-23
- MSFT: 2026-04-29
- META: 2026-04-29
- AAPL: 2026-04-30
- AMZN: 2026-04-30
- NVDA: 2026-05-20
- WMT: 2026-05-21
Economic Releases (FRED)
Today's Key Economic Prints:
- No key economic prints today.
Upcoming Economic Calendar (Next 30 Days):
- Employment Situation (Payrolls): 2026-04-03
- Gross Domestic Product (GDP): 2026-04-09
- Consumer Price Index (CPI): 2026-04-10
- Producer Price Index (PPI): 2026-04-14
- Industrial Production: 2026-04-16
- Retail Sales: 2026-04-21
- Gross Domestic Product (GDP): 2026-04-30
FX News Wire
No new articles found since last report.