Finance Analyst Report: 2026-04-06 04:00:12
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: $17,041B ◆ | BTC: $69,141 ▼ (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: ~$6,655B (USD approx)
- BOJ Balance Sheet: ~$4,558B ▲ (USD approx)
- Global Net Liquidity (Fed+ECB+BOJ): $17,041B ◆
- BTC-USD: $69,141 ▼ (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 (17):
[1] Iran acknowledges receiving US ceasefire proposal through Pakistan - Reuters URL: https://www.fxstreet.com/news/iran-acknowledges-receiving-ceasefire-proposal-through-pakistan-reuters-202604060742 Published: Mon, 06 Apr 2026 07:42:14 Z
[2] Dow Jones futures recover recent losses as reports suggest US-Iran ceasefire talks URL: https://www.fxstreet.com/news/dow-jones-futures-recover-recent-losses-as-reports-suggest-us-iran-ceasefire-talks-202604060726 Published: Mon, 06 Apr 2026 07:26:58 Z
[3] ECB: Recovery outlook and rate path – Societe Generale URL: https://www.fxstreet.com/news/ecb-recovery-outlook-and-rate-path-societe-generale-202604060726 Published: Mon, 06 Apr 2026 07:26:02 Z
[4] US-Iran receive plan to end hostilities, discuss two-tier deal - Reuters URL: https://www.fxstreet.com/news/us-iran-recieves-plan-to-end-hostilities-discuss-two-tier-deal-reuters-202604060710 Published: Mon, 06 Apr 2026 07:10:52 Z
[5] Forex Today: Middle East uncertainty keeps investors on edge URL: https://www.fxstreet.com/news/forex-today-middle-east-uncertainty-keeps-investors-on-edge-202604060710 Published: Mon, 06 Apr 2026 07:10:13 Z
[6] Australian Dollar holds firm on US-Iran ceasefire optimism
URL: https://www.fxstreet.com/news/australian-dollar-holds-firm-on-us-iran-ceasefire-optimism-202604060705
Published: Mon, 06 Apr 2026 07:05:27 Z
[7] EUR/CAD holds gains above 1.6050 as oil prices eases URL: https://www.fxstreet.com/news/eur-cad-holds-gains-above-16050-as-oil-prices-eases-202604060703 Published: Mon, 06 Apr 2026 07:03:00 Z
[8] Spain Unemployment Change below expectations (10.3K) in March: Actual (-22.9K) URL: https://www.fxstreet.com/news/spain-unemployment-change-below-expectations-103k-in-march-actual-229k-202604060702 Published: Mon, 06 Apr 2026 07:02:43 Z
[9] USD/JPY: Overextension near 160 raises BoJ risk – DBS URL: https://www.fxstreet.com/news/usd-jpy-overextension-near-160-raises-boj-risk-dbs-202604060657 Published: Mon, 06 Apr 2026 06:57:09 Z
[10] USD/INR rises as rallying oil prices drag Indian Rupee URL: https://www.fxstreet.com/news/usd-inr-rises-as-middle-east-risks-drag-indian-rupee-202604060510 Published: Mon, 06 Apr 2026 06:56:03 Z
[11] Gold struggles to build on intraday bounce, holds steady around $4,650 amid mixed cues URL: https://www.fxstreet.com/news/gold-sticks-to-negative-bias-amid-rising-rate-hike-bets-firmer-us-dollar-202604060318 Published: Mon, 06 Apr 2026 06:50:45 Z
[12] Eurozone: Inflation and fiscal shifts shape rates – BNY URL: https://www.fxstreet.com/news/eurozone-inflation-and-fiscal-shifts-shape-rates-bny-202604060635 Published: Mon, 06 Apr 2026 06:35:10 Z
[13] GBP/JPY Price Forecast: Ascending Triangle formation reflects broader consolidation URL: https://www.fxstreet.com/news/gbp-jpy-price-forecast-ascending-triangle-formation-reflects-broader-consolidation-202604060625 Published: Mon, 06 Apr 2026 06:25:12 Z
[14] WTI eases below $103.50 as US, Iran reportedly seeking 45-day ceasefire URL: https://www.fxstreet.com/news/wti-eases-below-10350-as-us-iran-reportedly-seeking-45-day-ceasefire-202604060615 Published: Mon, 06 Apr 2026 06:15:38 Z
[15] Brent: War-driven supply shock supports prices – Commerzbank URL: https://www.fxstreet.com/news/brent-war-driven-supply-shock-supports-prices-commerzbank-202604060609 Published: Mon, 06 Apr 2026 06:09:35 Z
[16] EUR/GBP eases to levels near 0.8700 amid mild risk-off markets URL: https://www.fxstreet.com/news/eur-gbp-eases-to-levels-near-08700-amid-mild-risk-off-markets-202604060603 Published: Mon, 06 Apr 2026 06:03:34 Z
[17] Iran Parliament Speaker condemns Trump threats over energy infrastructure URL: https://www.fxstreet.com/news/iran-parliament-speaker-condemns-trump-threats-over-energy-infrastructure-202604060559 Published: Mon, 06 Apr 2026 05:59:13 Z