Finance Analyst Report: 2026-04-07 09:01:07
Executive Summary
- Market Sentiment: Bullish (Score: 0.2)
- Volatility Regime: Backwardation (Panic)
- Credit Signal: Risk ON
- Breadth: Moderately Bearish (33.9% >50d, 49.4% >200d)
- Net Liquidity: N/A (N/A)
- Dark Pool DIX: 0.503 (Strong Dark Pool Buying)
- MOVE Index: 82 | VIX/MOVE: 0.31 ▼ (Equity Vol Elevated vs Rates)
- Credit: HY OAS 0.00% (N/A) | 2s10s: 0.00% (N/A)
- Global Liquidity: N/A | BTC: $68,419 ▲ (Neutral)
- Seasonality (April): Avg +1.99%, Hit Rate 80% (Historically Bullish)
Equity & Derivatives Board
| Ticker | Price | RSI(14) | IVR | ZGL | GEX Sent | PCR |
|---|---|---|---|---|---|---|
| SPY | $656.00 ▼ | 44.29 | 34.5 | $659.02 | Neutral | 0.99 |
| QQQ | $584.81 ▼ | 43.92 | 36.6 | $588.50 | Neutral | 0.88 |
| IWM | $250.69 ▼ | 53.68 | 46.2 | $251.47 | Bearish | 1.68 |
Macro Board
| Ticker | Price | RSI(14) | IVR | ZGL | GEX Sent | PCR |
|---|---|---|---|---|---|---|
| VIX | 25.38 ▲ | 51.38 | 68.3 | $11.00 | Neutral | 0.74 |
| TNX | 43.35 | 58.67 | 65.3 | - | - | - |
| GLD | $427.00 ▼ | 37.57 | 55.6 | $403.79 | Neutral | 0.88 |
| DXY | 99.96 ▲ | 53.52 ▲ | 46.7 ▼ | - | - | - |
| SLV | $65.03 ▼ | 38.06 | 29.4 | $64.92 | Neutral | 0.76 |
Macro Fundamentals
- 10Y Yield: 4.33%
- Yield Curve (10Y-3M): 0.71 ▲ (Normal)
- DXY: 99.96 ▲
- Growth vs Value: 0.89 ▼
- Risk Appetite (XLY/XLP): 1.31 ▼ (Defensive)
Volatility Structure
- MOVE Index (Bond Vol): 81.68
- VIX/MOVE Ratio: 0.31 ▼ (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: 0.00% (N/A)
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): $N/AB
- Treasury General Account (TGA): $847.7B
- Reverse Repo (RRP): $N/AB
- US Net Liquidity (WALCL - TGA - RRP): N/A
- Liquidity Regime: N/A
- ECB Balance Sheet: ~$6,655B (USD approx)
- BOJ Balance Sheet: ~$4,558B (USD approx)
- Global Net Liquidity (Fed+ECB+BOJ): N/A
- BTC-USD: $68,419 ▲ (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):
- No major economic releases scheduled for next 30 days.
FX News Wire
Unread articles (13):
[1] Fed's Williams: Iran war impact to drive up headline inflation URL: https://www.fxstreet.com/news/feds-williams-iran-war-impact-to-drive-up-headline-inflation-202604071247 Published: Tue, 07 Apr 2026 12:47:41 Z
[2] US Durable Goods Orders decline 1.4% to $315.5 billion in February URL: https://www.fxstreet.com/news/us-durable-goods-orders-decline-14-to-3155-billion-in-february-202604071238 Published: Tue, 07 Apr 2026 12:38:12 Z
[3] RBNZ: Constrained as energy shock bites – BBH URL: https://www.fxstreet.com/news/rbnz-constrained-as-energy-shock-bites-bbh-202604071231 Published: Tue, 07 Apr 2026 12:31:19 Z
[4] United States Durable Goods Orders ex Defense declined to -1.2% in February from previous 0.5% URL: https://www.fxstreet.com/news/united-states-durable-goods-orders-ex-defense-declined-to-12-in-february-from-previous-05-202604071230 Published: Tue, 07 Apr 2026 12:30:06 Z
[5] United States Durable Goods Orders ex Transportation above forecasts (0.5%) in February: Actual (0.8%) URL: https://www.fxstreet.com/news/united-states-durable-goods-orders-ex-transportation-above-forecasts-05-in-february-actual-08-202604071230 Published: Tue, 07 Apr 2026 12:30:06 Z
[6] United States Durable Goods Orders came in at -1.4% below forecasts (-0.5%) in February URL: https://www.fxstreet.com/news/united-states-durable-goods-orders-came-in-at-14-below-forecasts-05-in-february-202604071230 Published: Tue, 07 Apr 2026 12:30:03 Z
[7] S&P 500: Resilience with limited stagflation fallout – Deutsche Bank URL: https://www.fxstreet.com/news/sp-500-resilience-with-limited-stagflation-fallout-deutsche-bank-202604071220 Published: Tue, 07 Apr 2026 12:20:21 Z
[8] ADP Employment Change 4-week average increases to 26K URL: https://www.fxstreet.com/news/adp-employment-change-4-week-average-increases-to-26k-202604071219 Published: Tue, 07 Apr 2026 12:19:05 Z
[9] United States ADP Employment Change 4-week average climbed from previous 10K to 26K in March 14 URL: https://www.fxstreet.com/news/united-states-adp-employment-change-4-week-average-climbed-from-previous-10k-to-26k-in-march-14-202604071215 Published: Tue, 07 Apr 2026 12:15:54 Z
[10] US President Trump: A whole civilization will die tonight, never to be brought back again URL: https://www.fxstreet.com/news/us-president-trump-a-whole-civilization-will-die-tonight-never-to-be-brought-back-again-202604071214 Published: Tue, 07 Apr 2026 12:14:31 Z
[11] USD: Dovish Fed risks and ceasefire repricing – Societe Generale URL: https://www.fxstreet.com/news/usd-dovish-fed-risks-and-ceasefire-repricing-societe-generale-202604071205 Published: Tue, 07 Apr 2026 12:05:03 Z
[12] Gold trades choppy as Trump’s Iran ultimatum weighs on market sentiment URL: https://www.fxstreet.com/news/gold-trades-choppy-as-trumps-iran-ultimatum-weighs-on-market-sentiment-202604071201 Published: Tue, 07 Apr 2026 12:01:06 Z
[13] AUD/NZD: Diverging flows and policy risks – BNY URL: https://www.fxstreet.com/news/aud-nzd-diverging-flows-and-policy-risks-bny-202604071154 Published: Tue, 07 Apr 2026 11:54:24 Z