Finance Analyst Report: 2026-04-07 02:00:10
Executive Summary
- Market Sentiment: Bullish (Score: 0.2)
- Volatility Regime: Contango (Normal)
- Credit Signal: Risk ON
- Breadth: Moderately Bearish (33.9% >50d, 49.4% >200d)
- Net Liquidity: $5,827B (Expanding)
- Dark Pool DIX: 0.503 (Strong Dark Pool Buying)
- MOVE Index: 82 | VIX/MOVE: 0.30 (Equity Vol Elevated vs Rates)
- Credit: HY OAS 3.13% (Watchful) | 2s10s: 0.50% (Normal (Steepening))
- Global Liquidity: $17,041B | BTC: $68,631 ▼ (Neutral)
- Seasonality (April): Avg +1.99%, Hit Rate 80% (Historically Bullish)
Equity & Derivatives Board
| Ticker | Price | RSI(14) | IVR | ZGL | GEX Sent | PCR |
|---|---|---|---|---|---|---|
| SPY | $658.75 | 46.49 | 27.9 | $655.86 | Bullish | 0.64 |
| QQQ | $588.29 | 45.67 | 29.6 | $580.91 | Bullish | 0.58 |
| IWM | $252.03 | 54.90 | 35.6 | $252.48 | Bearish | 1.48 |
Macro Board
| Ticker | Price | RSI(14) | IVR | ZGL | GEX Sent | PCR |
|---|---|---|---|---|---|---|
| VIX | 24.17 | 43.91 | 47.8 | $11.00 | Neutral | 0.73 |
| TNX | 43.35 | 51.98 | 47.9 | - | - | - |
| GLD | $427.90 | 37.96 | 55.8 | $403.82 | Bullish | 0.62 |
| DXY | 100.00 | 52.67 | 48.0 | - | - | - |
| SLV | $65.98 | 38.53 | 29.4 | $63.41 | Bullish | 0.51 |
Macro Fundamentals
- 10Y Yield: 4.33%
- Yield Curve (10Y-3M): 0.71 (Normal)
- DXY: 100.00
- Growth vs Value: 0.89
- Risk Appetite (XLY/XLP): 1.32 (Defensive)
Volatility Structure
- MOVE Index (Bond Vol): 81.68
- VIX/MOVE Ratio: 0.30 (Equity Vol Elevated vs Rates)
- 0DTE Call Volume: 2,582,539
- 0DTE Put Volume: 3,382,960
- 0DTE Put/Call Ratio: 1.31 (Heavy 0DTE Put Buying (Hedging))
Credit Conditions
- HY OAS Spread: 3.13% (Watchful)
- BBB Spread: 1.09%
- 2s10s Spread: 0.50% (Normal (Steepening))
Market Breadth (S&P 500)
- Stocks Above 50-Day SMA: 33.9% (of 501)
- Stocks Above 200-Day SMA: 49.4%
- Breadth Signal: Moderately Bearish
Fed & Global Liquidity
- Fed Balance Sheet (WALCL): $6675.3B
- Treasury General Account (TGA): $847.7B
- Reverse Repo (RRP): $0.2B
- 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: $68,631 ▼ (Neutral)
Dark Pool Activity
- DIX (Dark Index): 0.503
- GEX (Gamma Exposure): 2.75B
- Signal: Strong Dark Pool Buying
Seasonality (April)
- 20yr Average Return: +1.99%
- 20yr Median Return: +1.43%
- 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)
Upcoming Economic Calendar (Next 30 Days):
- Gross Domestic Product (GDP): 2026-04-09
- Producer Price Index (PPI): 2026-04-14
- Industrial Production: 2026-04-16
- Gross Domestic Product (GDP): 2026-04-30
FX News Wire
Unread articles (19):
[1] AUD/USD Price Forecast: Wobbles around 0.6900 ahead of Iran’s response to Trump’s ultimatum URL: https://www.fxstreet.com/news/aud-usd-price-forecast-wobbles-around-06900-ahead-of-irans-response-to-trumps-ultimatum-202604070548 Published: Tue, 07 Apr 2026 05:48:40 Z
[2] Pound Sterling Price News and Forecast: GBP/USD depreciates on increased risk aversion URL: https://www.fxstreet.com/news/pound-sterling-price-news-and-forecast-gbp-usd-depreciates-on-increased-risk-aversion-202604070536 Published: Tue, 07 Apr 2026 05:36:46 Z
[3] USD/INR edges lower at open ahead of Trump’s Iran deadline URL: https://www.fxstreet.com/news/usd-inr-edges-lower-at-open-ahead-of-trumps-iran-deadline-202604070523 Published: Tue, 07 Apr 2026 05:23:42 Z
[4] EUR/GBP steadies above 0.8700 amid ECB hawkish tone URL: https://www.fxstreet.com/news/eur-gbp-steadies-above-08700-amid-ecb-hawkish-tone-202604070521 Published: Tue, 07 Apr 2026 05:21:31 Z
[5] ECB’s Radev: It is too early to say if a rate hike is needed for April meeting URL: https://www.fxstreet.com/news/ecbs-radev-it-is-too-early-to-say-if-a-rate-hike-is-needed-for-april-meeting-202604070518 Published: Tue, 07 Apr 2026 05:18:07 Z
[6] AUD/JPY holds near 110.50 as BoJ uncertainty weighs on Japanese Yen URL: https://www.fxstreet.com/news/aud-jpy-holds-near-11050-as-boj-uncertainty-weighs-on-japanese-yen-202604070506 Published: Tue, 07 Apr 2026 05:06:21 Z
[7] Saudi Arabia Gold price today: Gold rises, according to FXStreet data URL: https://www.fxstreet.com/news/saudi-arabia-gold-price-today-gold-rises-according-to-fxstreet-data-202604070505 Published: Tue, 07 Apr 2026 05:05:34 Z
[8] Gold extends the range play as traders seem hesitant ahead of Trump's Iran deadline URL: https://www.fxstreet.com/news/gold-remains-depressed-as-hormuz-standoff-supports-usd-amid-hawkish-fed-rate-bets-202604070329 Published: Tue, 07 Apr 2026 05:02:25 Z
[9] Japan Coincident Index down to 116.3 in February from previous 117.9 URL: https://www.fxstreet.com/news/japan-coincident-index-down-to-1163-in-february-from-previous-1179-202604070501 Published: Tue, 07 Apr 2026 05:01:17 Z
[10] Japan Leading Economic Index came in at 112.4, above expectations (112.3) in February URL: https://www.fxstreet.com/news/japan-leading-economic-index-came-in-at-1124-above-expectations-1123-in-february-202604070501 Published: Tue, 07 Apr 2026 05:01:17 Z
[11] Philippines Gold price today: Gold rises, according to FXStreet data URL: https://www.fxstreet.com/news/philippines-gold-price-today-gold-rises-according-to-fxstreet-data-202604070500 Published: Tue, 07 Apr 2026 05:00:23 Z
[12] United Arab Emirates Gold price today: Gold rises, according to FXStreet data URL: https://www.fxstreet.com/news/united-arab-emirates-gold-price-today-gold-rises-according-to-fxstreet-data-202604070455 Published: Tue, 07 Apr 2026 04:55:27 Z
[13] Pakistan Gold price today: Gold rises, according to FXStreet data URL: https://www.fxstreet.com/news/pakistan-gold-price-today-gold-rises-according-to-fxstreet-data-202604070445 Published: Tue, 07 Apr 2026 04:45:05 Z
[14] WTI Price Forecast: Sits near $105.50; eyes four-week top as Trump's Iran deadline looms URL: https://www.fxstreet.com/news/wti-price-forecast-sits-near-10550-eyes-four-week-top-as-trumps-iran-deadline-looms-202604070438 Published: Tue, 07 Apr 2026 04:38:25 Z
[15] India Gold price today: Gold rises, according to FXStreet data URL: https://www.fxstreet.com/news/india-gold-price-today-gold-rises-according-to-fxstreet-data-202604070435 Published: Tue, 07 Apr 2026 04:35:15 Z
[16] Malaysia Gold price today: Gold steadies, according to FXStreet data URL: https://www.fxstreet.com/news/malaysia-gold-price-today-gold-steadies-according-to-fxstreet-data-202604070430 Published: Tue, 07 Apr 2026 04:30:06 Z
[17] EUR/JPY Price Forecast: Holds steady but maintains bullish bias above 100-day EMA support URL: https://www.fxstreet.com/news/eur-jpy-price-forecast-holds-steady-but-maintains-bullish-bias-above-100-day-ema-support-202604070426 Published: Tue, 07 Apr 2026 04:26:39 Z
[18] USD/CNH rises to near 6.8800 due to safe-haven demand URL: https://www.fxstreet.com/news/usd-cnh-rises-to-near-68800-due-to-safe-haven-demand-202604070405 Published: Tue, 07 Apr 2026 04:05:40 Z
[19] Asian stocks trade mixed as Iran deadline and oil-driven Fed fears unsettle markets URL: https://www.fxstreet.com/news/asian-stocks-trade-mixed-as-iran-deadline-and-oil-driven-fed-fears-unsettle-markets-202604070359 Published: Tue, 07 Apr 2026 03:59:38 Z