Finance Analyst Report: 2026-04-04 14:45:29
Executive Summary
- Market Sentiment: Bullish (Score: 0.26)
- Volatility Regime: Contango (Normal)
- Credit Signal: Risk ON
- Breadth: Moderately Bearish (30.6% >50d, 49.5% >200d)
- Net Liquidity: $5,827B (Expanding)
- Dark Pool DIX: 0.503 (Strong Dark Pool Buying)
- MOVE Index: 82 | VIX/MOVE: 0.29 (Equity Vol Elevated vs Rates)
- Credit: HY OAS 3.17% (Watchful) | 2s10s: 0.51% (Normal (Steepening))
- Global Liquidity: $17,041B | BTC: $67,299 ▼ (Neutral)
- Seasonality (April): Avg +1.96%, Hit Rate 80% (Historically Bullish)
Equity & Derivatives Board
| Ticker | Price | RSI(14) | IVR | ZGL | GEX Sent | PCR |
|---|---|---|---|---|---|---|
| SPY | $655.92 | 46.49 | 27.9 | $650.97 | Neutral | 1.02 |
| QQQ | $584.80 | 45.67 | 29.6 | $562.91 | Neutral | 0.81 |
| IWM | $251.20 | 54.90 | 35.6 | $249.55 | Bearish | 1.63 |
Macro Board
| Ticker | Price | RSI(14) | IVR | ZGL | GEX Sent | PCR |
|---|---|---|---|---|---|---|
| VIX | 23.87 | 43.91 | 47.8 | $10.50 | Bullish | 0.55 |
| TNX | 43.13 | 51.98 | 47.9 | - | - | - |
| GLD | $429.79 | 37.96 | 55.8 | $408.61 | Bullish | 0.42 |
| DXY | 100.19 | 54.27 | 48.0 | - | - | - |
| SLV | $65.81 | 38.53 | 29.4 | $63.38 | Bullish | 0.63 |
Macro Fundamentals
- 10Y Yield: 4.31%
- Yield Curve (10Y-3M): 0.71 (Normal)
- DXY: 100.19
- Growth vs Value: 0.89
- Risk Appetite (XLY/XLP): 1.32 (Defensive)
Volatility Structure
- MOVE Index (Bond Vol): 81.78
- VIX/MOVE Ratio: 0.29 (Equity Vol Elevated vs Rates)
- 0DTE Call Volume: 0
- 0DTE Put Volume: 0
- 0DTE Put/Call Ratio: 0.00 (No 0DTE Expiry Today)
Credit Conditions
- HY OAS Spread: 3.17% (Watchful)
- BBB Spread: 1.09%
- 2s10s Spread: 0.51% (Normal (Steepening))
Market Breadth (S&P 500)
- Stocks Above 50-Day SMA: 30.6% (of 500)
- Stocks Above 200-Day SMA: 49.5%
- Breadth Signal: Moderately Bearish
Fed & Global Liquidity
- Fed Balance Sheet (WALCL): $6675.3B
- Treasury General Account (TGA): $847.7B
- Reverse Repo (RRP): $0.3B
- US Net Liquidity (WALCL - TGA - RRP): $5,827B
- Liquidity Regime: Expanding
- ECB Balance Sheet: ~$6,655B (USD approx)
- BOJ Balance Sheet: ~$4,558B (USD approx)
- Global Net Liquidity (Fed+ECB+BOJ): $17,041B
- BTC-USD: $67,299 ▼ (Neutral)
Dark Pool Activity
- DIX (Dark Index): 0.503
- GEX (Gamma Exposure): 2.75B
- 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 (+0.2% vs 30d)
- META: $6.61 (+0.1% vs 30d)
- TSLA: $0.40 (-1.3% 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: 2026-04-22
- 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)
- Consumer Price Index for All Urban Consumers: All Items in U.S. City Average: 327.460 (Period: 2026-02-01)
- Employment Cost Index: Wages and Salaries: Private Industry Workers: 176.233 (Period: 2025-10-01)
- 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):
- Gross Domestic Product (GDP): 2026-04-09
- Consumer Price Index (CPI): 2026-04-10
- Producer Price Index (PPI): 2026-04-14
- Retail Sales: 2026-04-21
- Gross Domestic Product (GDP): 2026-04-30
FX News Wire
No new articles found since last report.