Finance Analyst Report: 2026-04-01 20:00:11
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: 90 | VIX/MOVE: 0.27 (Equity Vol Elevated vs Rates)
- Credit: HY OAS 0.00% (N/A) | 2s10s: 0.52% (Normal (Steepening))
- Global Liquidity: $16,995B ◆ | BTC: $68,233 ▼ (Neutral)
- Seasonality (April): Avg +1.96%, Hit Rate 80% (Historically Bullish)
Equity & Derivatives Board
| Ticker | Price | RSI(14) | IVR | ZGL | GEX Sent | PCR |
|---|---|---|---|---|---|---|
| SPY | $654.80 | 37.09 | 28.0 | $646.01 | Bullish | 0.48 |
| QQQ | $583.73 | 35.75 | 30.5 | $570.89 | Bullish | 0.32 |
| IWM | $249.52 | 45.24 | 37.0 | $212.50 | Bullish | 0.50 |
Macro Board
| Ticker | Price | RSI(14) | IVR | ZGL | GEX Sent | PCR |
|---|---|---|---|---|---|---|
| VIX | 24.54 | 51.76 | 50.8 | $11.00 | Neutral | 0.75 |
| TNX | 43.19 | 56.70 | 47.8 | - | - | - |
| GLD | $437.06 | 32.33 | 59.5 | $416.04 | Bullish | 0.17 |
| DXY | 99.55 | 48.53 | 46.1 | - | - | - |
| SLV | $67.98 | 35.17 | 33.6 | $61.72 | Bullish | 0.41 |
Macro Fundamentals
- 10Y Yield: 4.32%
- Yield Curve (10Y-3M): 0.71 (Normal)
- DXY: 99.55
- Growth vs Value: 0.89
- Risk Appetite (XLY/XLP): 1.35 (Defensive)
Volatility Structure
- MOVE Index (Bond Vol): 90.19
- VIX/MOVE Ratio: 0.27 (Equity Vol Elevated vs Rates)
- 0DTE Call Volume: 3,443,629
- 0DTE Put Volume: 4,677,604
- 0DTE Put/Call Ratio: 1.36 (Heavy 0DTE Put Buying (Hedging))
Credit Conditions
- HY OAS Spread: 0.00% (N/A)
- BBB Spread: 0.00%
- 2s10s Spread: 0.52% (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: $68,233 ▼ (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)
- Employment Cost Index: Wages and Salaries: Private Industry Workers: 176.233 (Period: 2025-10-01)
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
- Gross Domestic Product (GDP): 2026-04-30
FX News Wire
Unread articles (10):
[1] Gold rises on softer US Dollar, traders await Trump's address on Iran war URL: https://www.fxstreet.com/news/gold-rises-on-softer-us-dollar-traders-await-trumps-address-on-iran-war-202604012320 Published: Wed, 01 Apr 2026 23:20:08 Z
[2] South Korea: Growth outlook supported by chips and fiscal boost – ING URL: https://www.fxstreet.com/news/south-korea-growth-outlook-supported-by-chips-and-fiscal-boost-ing-202604012311 Published: Wed, 01 Apr 2026 23:11:00 Z
[3] South Korea Consumer Price Index Growth (YoY) came in at 2.2% below forecasts (2.4%) in March URL: https://www.fxstreet.com/news/south-korea-consumer-price-index-growth-yoy-came-in-at-22-below-forecasts-24-in-march-202604012300 Published: Wed, 01 Apr 2026 23:00:02 Z
[4] South Korea Consumer Price Index Growth (MoM) below forecasts (0.6%) in March: Actual (0.3%) URL: https://www.fxstreet.com/news/south-korea-consumer-price-index-growth-mom-below-forecasts-06-in-march-actual-03-202604012300 Published: Wed, 01 Apr 2026 23:00:01 Z
[5] SGD: MAS tightening path supports currency – Standard Chartered URL: https://www.fxstreet.com/news/sgd-mas-tightening-path-supports-currency-standard-chartered-202604012236 Published: Wed, 01 Apr 2026 22:36:00 Z
[6] When is the Australian Trade Data and how could it affect AUD/USD? URL: https://www.fxstreet.com/news/when-is-the-australian-trade-data-and-how-could-it-affect-aud-usd-202604012230 Published: Wed, 01 Apr 2026 22:30:00 Z
[7] GBP/JPY Price Analysis: Rebounds but faces stiff resistance at 211.00 URL: https://www.fxstreet.com/news/gbp-jpy-price-analysis-rebounds-but-faces-stiff-resistance-at-21100-202604012220 Published: Wed, 01 Apr 2026 22:20:02 Z
[8] GBP/USD recovers from March lows as traders brace for Trump speech and Good Friday NFP URL: https://www.fxstreet.com/news/gbp-usd-recovers-from-march-lows-as-traders-brace-for-trump-speech-and-good-friday-nfp-202604012156 Published: Wed, 01 Apr 2026 21:56:58 Z
[9] MYR: Resilient macro backdrop supports Ringgit – DBS URL: https://www.fxstreet.com/news/myr-resilient-macro-backdrop-supports-ringgit-dbs-202604012151 Published: Wed, 01 Apr 2026 21:51:00 Z
[10] USD/JPY drifts near 159.00 as ceasefire hopes and Tokyo warnings collide URL: https://www.fxstreet.com/news/usd-jpy-drifts-near-15900-as-ceasefire-hopes-and-tokyo-warnings-collide-202604012145 Published: Wed, 01 Apr 2026 21:45:54 Z