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2026-W15

Finance Analyst Report: 2026-04-07 12:01:36

Executive Summary

  • Market Sentiment: Bullish (Score: 0.21)
  • Volatility Regime: Backwardation (Panic)
  • Credit Signal: Risk ON
  • Breadth: Moderately Bearish (29.3% ▼ >50d, 48.4% >200d)
  • Net Liquidity: N/A (N/A ◆)
  • Dark Pool DIX: 0.454 (Strong Dark Pool Buying)
  • MOVE Index: 82 | VIX/MOVE: 0.33 ▲ (Equity Vol Elevated vs Rates)
  • Credit: HY OAS 3.05% (Watchful) | 2s10s: 0.50% (Normal (Steepening))
  • Global Liquidity: N/A ◆ | BTC: $68,155 ▲ (Neutral)
  • Seasonality (April): Avg +1.95% ▼, Hit Rate 80% (Historically Bullish)

Equity & Derivatives Board

Ticker Price RSI(14) IVR ZGL GEX Sent PCR
SPY $654.02 ▲ 44.29 34.5 $659.04 Bearish 1.65
QQQ $582.73 ▲ 43.92 36.6 $588.55 Bearish 1.44
IWM $251.03 ▲ 53.68 46.2 $251.69 Bearish 2.05

Macro Board

Ticker Price RSI(14) IVR ZGL GEX Sent PCR
VIX 26.26 ▼ 51.38 68.3 $11.00 Bullish 0.59
TNX 43.53 ▼ 58.67 65.3 - - -
GLD $427.70 ▲ 37.57 55.6 $403.84 Neutral 0.89
DXY 99.91 ▲ 53.05 ▲ 46.8 ▼ - - -
SLV $64.68 ▲ 38.06 29.4 $52.03 Neutral 0.87

Macro Fundamentals

  • 10Y Yield: 4.35% ▼
  • Yield Curve (10Y-3M): 0.73 ▼ (Normal)
  • DXY: 99.91 ▲
  • Growth vs Value: 0.89 ▲
  • Risk Appetite (XLY/XLP): 1.31 ▲ (Defensive)

Volatility Structure

  • MOVE Index (Bond Vol): 81.68
  • VIX/MOVE Ratio: 0.33 ▲ (Equity Vol Elevated vs Rates)
  • 0DTE Call Volume: 1,393,452 ▲
  • 0DTE Put Volume: 1,984,242 ▲
  • 0DTE Put/Call Ratio: 1.42 ▼ (Heavy 0DTE Put Buying (Hedging))

Credit Conditions

  • HY OAS Spread: 3.05% (Watchful)
  • BBB Spread: 1.07%
  • 2s10s Spread: 0.50% (Normal (Steepening))

Market Breadth (S&P 500)

  • Stocks Above 50-Day SMA: 29.3% ▼ (of 501)
  • Stocks Above 200-Day SMA: 48.4%
  • 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: ~$0B ▼ (USD approx)
  • BOJ Balance Sheet: ~$4,558B (USD approx)
  • Global Net Liquidity (Fed+ECB+BOJ): N/A ◆
  • BTC-USD: $68,155 ▲ (Neutral)

Dark Pool Activity

  • DIX (Dark Index): 0.454
  • GEX (Gamma Exposure): 2.91B
  • Signal: Strong Dark Pool Buying

Seasonality (April)

  • 20yr Average Return: +1.95% ▼
  • 20yr Median Return: +1.27%
  • Win Rate (% Years Positive): 80%
  • Signal: Historically Bullish

EPS Revisions (Watchlist)

  • AAPL: $1.94 (-0.8% 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 (-3.9% vs 30d)
  • WMT: $0.66 (-0.1% vs 30d)
  • JPM: $5.48 (-0.3% vs 30d)
  • GS: $16.22 (+3.2% 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)

Upcoming Economic Calendar (Next 30 Days):

  • Consumer Price Index (CPI): 2026-04-10
  • Producer Price Index (PPI): 2026-04-14
  • Retail Sales: 2026-04-21

FX News Wire

Unread articles (5):

[1] USD/JPY nears 160 as Trump hints at nuclear war URL: https://www.fxstreet.com/news/usd-jpy-nears-160-as-trump-hints-at-nuclear-war-202604071532 Published: Tue, 07 Apr 2026 15:32:19 Z

[2] 3.4% in 12 months: what are US consumers bracing for? URL: https://www.fxstreet.com/news/34-in-12-months-what-are-us-consumers-bracing-for-202604071532 Published: Tue, 07 Apr 2026 15:32:08 Z

[3] EUR/USD gains as Trump’s Iran deadline approaches URL: https://www.fxstreet.com/news/eur-usd-gains-as-trumps-iran-deadline-approaches-202604071506 Published: Tue, 07 Apr 2026 15:06:56 Z

[4] US: Oil shock complicates Fed path – MUFG URL: https://www.fxstreet.com/news/us-oil-shock-complicates-fed-path-mufg-202604071505 Published: Tue, 07 Apr 2026 15:05:21 Z

[5] Gold: Range-bound trade with upside skew – DBS URL: https://www.fxstreet.com/news/gold-range-bound-trade-with-upside-skew-dbs-202604071456 Published: Tue, 07 Apr 2026 14:56:42 Z