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2026-W14

Finance Analyst Report: 2026-04-05 20:00:05

Executive Summary

  • Market Sentiment: Bullish (Score: 0.2)
  • Volatility Regime: Contango (Normal)
  • Credit Signal: Risk ON
  • Breadth: Moderately Bearish (30.5% >50d, 49.2% >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 0.00% (N/A) | 2s10s: 0.51% (Normal (Steepening))
  • Global Liquidity: N/A | BTC: $67,291 ▼ (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 100.03 47.28 50.4 - - -
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: 100.03
  • 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: 0.00% (N/A)
  • BBB Spread: 0.00%
  • 2s10s Spread: 0.51% (Normal (Steepening))

Market Breadth (S&P 500)

  • Stocks Above 50-Day SMA: 30.5% (of 499)
  • Stocks Above 200-Day SMA: 49.2%
  • 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: ~$0B (USD approx)
  • BOJ Balance Sheet: ~$4,558B ▲ (USD approx)
  • Global Net Liquidity (Fed+ECB+BOJ): N/A
  • BTC-USD: $67,291 ▼ (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: $0.39 (-1.8% vs 30d)
  • WMT: $0.66 (-0.1% vs 30d)
  • JPM: $5.43 (-1.2% vs 30d)
  • GS: $16.07 (+2.4% 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

Unread articles (5):

[1] Australian Dollar softens on strong US jobs data, Middle East tensions
URL: https://www.fxstreet.com/news/australian-dollar-softens-on-strong-us-jobs-data-middle-east-tensions-202604052342 Published: Sun, 05 Apr 2026 23:42:24 Z

[2] Japanese Yen holds steady amid US-Iran tensions URL: https://www.fxstreet.com/news/japanese-yen-holds-steady-amid-us-iran-tensions-202604052307 Published: Sun, 05 Apr 2026 23:07:44 Z

[3] OPEC+ agrees to boost oil output in May amid global energy crisis URL: https://www.fxstreet.com/news/opec-agrees-to-boost-oil-output-in-may-amid-global-energy-crisis-202604052238 Published: Sun, 05 Apr 2026 22:38:13 Z

[4] WTI rises to near $105.00 as Trump threatens to hit Iran infrastructure URL: https://www.fxstreet.com/news/wti-rises-to-near-10500-as-trump-threatens-to-hit-iran-infrastructure-202604052230 Published: Sun, 05 Apr 2026 22:30:48 Z

[5] Gold under pressure as fears mount, $4,600 support at risk URL: https://www.fxstreet.com/news/gold-under-pressure-as-fears-mount-4-600-support-at-risk-202604052229 Published: Sun, 05 Apr 2026 22:29:13 Z