Finance Analyst Report: 2026-04-01 21:03:22
Executive Summary
- Market Sentiment: Neutral ◆ (Score: -0.0)
- Volatility Regime: Contango (Normal)
- Credit Signal: Risk ON
- Breadth: Moderately Bearish (27.5% ▼ >50d, 49.3% ▼ >200d)
- Net Liquidity: $5,781B (Expanding)
- Dark Pool DIX: 0.487 ▲ (Strong Dark Pool Buying ◆)
- MOVE Index: 90 | VIX/MOVE: 0.27 (Equity Vol Elevated vs Rates)
- Credit: HY OAS 3.28% ▲ (Watchful ◆) | 2s10s: 0.52% (Normal (Steepening))
- Global Liquidity: $16,995B | BTC: $68,591 ▲ (Neutral)
- Seasonality (April): Avg +1.96%, Hit Rate 80% (Historically Bullish)
Equity & Derivatives Board
| Ticker | Price | RSI(14) | IVR | ZGL | GEX Sent | PCR |
|---|---|---|---|---|---|---|
| SPY | $654.75 ▼ | 37.09 | 28.0 | $646.01 | Bullish | 0.48 |
| QQQ | $583.87 ▲ | 35.75 | 30.5 | $570.92 | Bullish | 0.32 |
| IWM | $249.56 ▲ | 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 | $10.00 | Neutral | 1.07 |
| TNX | 43.19 | 56.70 | 47.8 | - | - | - |
| GLD | $439.40 ▲ | 32.33 | 59.5 | $413.23 | Bullish | 0.16 |
| DXY | 99.51 ▼ | 48.19 ▼ | 46.5 ▲ | - | - | - |
| SLV | $68.23 ▲ | 35.17 | 33.6 | $61.79 | Bullish | 0.40 |
Macro Fundamentals
- 10Y Yield: 4.32%
- Yield Curve (10Y-3M): 0.71 (Normal)
- DXY: 99.51 ▼
- 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: 872,789 ▼
- 0DTE Put Volume: 1,179,387 ▼
- 0DTE Put/Call Ratio: 1.35 ▼ (Heavy 0DTE Put Buying (Hedging))
Credit Conditions
- HY OAS Spread: 3.28% ▲ (Watchful ◆)
- BBB Spread: 1.13% ▲
- 2s10s Spread: 0.52% (Normal (Steepening))
Market Breadth (S&P 500)
- Stocks Above 50-Day SMA: 27.5% ▼ (of 502)
- Stocks Above 200-Day SMA: 49.3% ▼
- 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: $68,591 ▲ (Neutral)
Dark Pool Activity
- DIX (Dark Index): 0.487 ▲
- GEX (Gamma Exposure): 2.66B ▲
- Signal: Strong 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 (-0.2% 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:
- 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
Unread articles (7):
[1] Australia’s Trade Surplus widens to 5,686M MoM in February URL: https://www.fxstreet.com/news/when-is-the-australian-trade-data-and-how-could-it-affect-aud-usd-202604012230 Published: Thu, 02 Apr 2026 00:37:50 Z
[2] Australia Imports (MoM) fell from previous 0.8% to -3.2% in February URL: https://www.fxstreet.com/news/australia-imports-mom-fell-from-previous-08-to-32-in-february-202604020031 Published: Thu, 02 Apr 2026 00:31:43 Z
[3] Australia Exports (MoM) rose from previous -0.9% to 4.9% in January URL: https://www.fxstreet.com/news/australia-exports-mom-rose-from-previous-09-to-49-in-january-202604020031 Published: Thu, 02 Apr 2026 00:31:32 Z
[4] Australia Trade Balance (MoM) came in at 5686M, above forecasts (2500M) in February URL: https://www.fxstreet.com/news/australia-trade-balance-mom-came-in-at-5686m-above-forecasts-2500m-in-february-202604020031 Published: Thu, 02 Apr 2026 00:31:24 Z
[5] Japan Monetary Base (YoY) declined to -11.6% in March from previous -10.6% URL: https://www.fxstreet.com/news/japan-monetary-base-yoy-declined-to-116-in-march-from-previous-106-202604020015 Published: Thu, 02 Apr 2026 00:15:07 Z
[6] Japan Foreign Investment in Japan Stocks: ¥-4B (March 27) vs ¥-2509.7B URL: https://www.fxstreet.com/news/japan-foreign-investment-in-japan-stocks-y-4b-march-27-vs-y-25097b-202604012350 Published: Wed, 01 Apr 2026 23:50:02 Z
[7] US President Donald Trump is set to speak to nation on the war with Iran URL: https://www.fxstreet.com/news/us-president-donald-trump-is-set-to-speak-to-nation-on-the-war-with-iran-202604012345 Published: Wed, 01 Apr 2026 23:45:39 Z