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2026-W14

Finance Analyst Report: 2026-04-01 16:02:13

Executive Summary

  • Market Sentiment: N/A (Score: N/A)
  • Volatility Regime: Contango (Normal)
  • Credit Signal: Risk ON
  • Breadth: Moderately Bearish (27.7% ▼ >50d, 49.5% ▼ >200d)
  • Net Liquidity: $5,781B (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 0.00% (N/A) | 2s10s: 0.51% ▲ (Normal (Steepening) ◆)
  • Global Liquidity: $16,995B ◆ | BTC: $68,127 ▼ (Neutral)
  • Seasonality (April): Avg +1.96% ▼, Hit Rate 80% (Historically Bullish)

Equity & Derivatives Board

Ticker Price RSI(14) IVR ZGL GEX Sent PCR
SPY $655.20 ▼ 37.09 28.0 $650.91 Bullish 0.50
QQQ $584.00 ▼ 35.75 30.5 $570.98 Bullish 0.44
IWM $249.47 ▼ 45.24 37.0 $212.50 Bullish 0.68

Macro Board

Ticker Price RSI(14) IVR ZGL GEX Sent PCR
VIX 24.62 ▲ 51.76 50.8 $11.00 Neutral 0.74
TNX 43.19 56.70 47.8 - - -
GLD $437.74 ▼ 32.33 59.5 $415.99 Bullish 0.18
DXY 99.63 ▲ 49.10 ▲ 45.6 ▼ - - -
SLV $68.04 ▼ 35.17 33.6 $61.78 Bullish 0.34

Macro Fundamentals

  • 10Y Yield: 4.32%
  • Yield Curve (10Y-3M): 0.71 (Normal)
  • DXY: 99.63 ▲
  • Growth vs Value: 0.89 ▼
  • Risk Appetite (XLY/XLP): 1.35 ▲ (Defensive)

Volatility Structure

  • MOVE Index (Bond Vol): 96.05
  • VIX/MOVE Ratio: 0.26 ▲ (Equity Vol Elevated vs Rates)
  • 0DTE Call Volume: 3,418,928 ▲
  • 0DTE Put Volume: 4,641,124 ▲
  • 0DTE Put/Call Ratio: 1.36 (Heavy 0DTE Put Buying (Hedging))

Credit Conditions

  • HY OAS Spread: 0.00% (N/A)
  • BBB Spread: 1.13%
  • 2s10s Spread: 0.51% ▲ (Normal (Steepening) ◆)

Market Breadth (S&P 500)

  • Stocks Above 50-Day SMA: 27.7% ▼ (of 502)
  • Stocks Above 200-Day SMA: 49.5% ▼
  • Breadth Signal: Moderately Bearish

Fed & Global Liquidity

  • Fed Balance Sheet (WALCL): $6657.2B
  • Treasury General Account (TGA): $874.1B
  • Reverse Repo (RRP): $2.1B
  • US Net Liquidity (WALCL - TGA - RRP): $5,781B
  • Liquidity Regime: Expanding ◆
  • ECB Balance Sheet: ~$6,655B (USD approx)
  • BOJ Balance Sheet: ~$4,558B (USD approx)
  • Global Net Liquidity (Fed+ECB+BOJ): $16,995B ◆
  • BTC-USD: $68,127 ▼ (Neutral)

Dark Pool Activity

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

Seasonality (April)

  • 20yr Average Return: +1.96% ▼
  • 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: $5.42 (-1.5% vs 30d)
  • GS: $16.11 (+2.7% 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)
  • Industrial Production: Total Index: 102.551 (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

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