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2026-W14

Finance Analyst Report: 2026-04-01 11:45:20

Executive Summary

  • Market Sentiment: Neutral (Score: -0.07)
  • Volatility Regime: Contango (Normal)
  • Credit Signal: Risk ON
  • Breadth: Moderately Bearish (25.5% >50d, 49.7% >200d)
  • Net Liquidity: N/A (N/A ◆)
  • Dark Pool DIX: 0.446 (Moderate Dark Pool Buying)
  • MOVE Index: 96 | VIX/MOVE: 0.25 ▲ (Normal Relationship)
  • Credit: HY OAS 3.28% (Watchful) | 2s10s: 0.51% (Normal (Steepening))
  • Global Liquidity: N/A ◆ | BTC: $68,703 ▼ (Neutral)
  • Seasonality (April): Avg +1.95%, Hit Rate 80% (Historically Bullish)

Equity & Derivatives Board

Ticker Price RSI(14) IVR ZGL GEX Sent PCR
SPY $657.23 ▲ 37.09 28.0 $646.54 Bullish 0.53
QQQ $586.32 ▲ 35.75 30.5 $571.62 Bullish 0.30
IWM $251.90 ▲ 45.24 37.0 $217.50 Bullish 0.59

Macro Board

Ticker Price RSI(14) IVR ZGL GEX Sent PCR
VIX 23.83 ▼ 51.76 50.8 $11.00 Neutral 0.75
TNX 43.01 ▼ 56.70 47.8 - - -
GLD $439.60 ▲ 32.33 59.5 $415.95 Bullish 0.22
DXY 99.43 ▲ 47.60 ▲ 47.1 ▼ - - -
SLV $68.61 ▲ 35.17 33.6 $64.41 Bullish 0.45

Macro Fundamentals

  • 10Y Yield: 4.30% ▼
  • Yield Curve (10Y-3M): 0.70 (Normal)
  • DXY: 99.43 ▲
  • Growth vs Value: 0.89 ▲
  • Risk Appetite (XLY/XLP): 1.35 ▲ (Defensive)

Volatility Structure

  • MOVE Index (Bond Vol): 96.05
  • VIX/MOVE Ratio: 0.25 ▲ (Normal Relationship)
  • 0DTE Call Volume: 1,463,264 ▲
  • 0DTE Put Volume: 1,892,104 ▲
  • 0DTE Put/Call Ratio: 1.29 ▲ (Balanced 0DTE Flow)

Credit Conditions

  • HY OAS Spread: 3.28% (Watchful)
  • BBB Spread: 1.13%
  • 2s10s Spread: 0.51% (Normal (Steepening))

Market Breadth (S&P 500)

  • Stocks Above 50-Day SMA: 25.5% (of 494)
  • Stocks Above 200-Day SMA: 49.7%
  • Breadth Signal: Moderately Bearish

Fed & Global Liquidity

  • Fed Balance Sheet (WALCL): $6657.2B
  • Treasury General Account (TGA): $N/AB
  • Reverse Repo (RRP): $15.8B
  • US Net Liquidity (WALCL - TGA - RRP): N/A
  • Liquidity Regime: N/A ◆
  • ECB Balance Sheet: ~$6,648B (USD approx)
  • BOJ Balance Sheet: ~$4,558B (USD approx)
  • Global Net Liquidity (Fed+ECB+BOJ): N/A ◆
  • BTC-USD: $68,703 ▼ (Neutral)

Dark Pool Activity

  • DIX (Dark Index): 0.446
  • GEX (Gamma Exposure): 2.33B
  • Signal: Moderate Dark Pool Buying

Seasonality (April)

  • 20yr Average Return: +1.95%
  • 20yr Median Return: +1.27%
  • Win Rate (% Years Positive): 80%
  • 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:

  • Advance Retail Sales: Retail Trade: 638224.0 (Period: 2026-02-01)
  • Commercial Bank Interest Rate on Credit Card Plans, All Accounts: 20.97 (Period: 2025-11-01)

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

Unread articles (5):

[1] USD/CAD drifts lower as improving risk sentiment pressures US Dollar URL: https://www.fxstreet.com/news/usd-cad-drifts-lower-as-improving-risk-sentiment-pressures-us-dollar-202604011520 Published: Wed, 01 Apr 2026 15:20:28 Z

[2] Eurozone: Gradual inflation rise seen through mid-year – ABN AMRO URL: https://www.fxstreet.com/news/eurozone-gradual-inflation-rise-seen-through-mid-year-abn-amro-202604011517 Published: Wed, 01 Apr 2026 15:17:48 Z

[3] Norges Bank: Market repricing and inflation risks – Rabobank URL: https://www.fxstreet.com/news/norges-bank-market-repricing-and-inflation-risks-rabobank-202604011504 Published: Wed, 01 Apr 2026 15:04:18 Z

[4] UK: Rising fuel costs threaten consumer confidence – Deutsche Bank URL: https://www.fxstreet.com/news/uk-rising-fuel-costs-threaten-consumer-confidence-deutsche-bank-202604011454 Published: Wed, 01 Apr 2026 14:54:58 Z

[5] USD: NFP normalization and Fed hold expectations – TD Securities URL: https://www.fxstreet.com/news/usd-nfp-normalization-and-fed-hold-expectations-td-securities-202604011442 Published: Wed, 01 Apr 2026 14:42:02 Z