Finance Analyst Report: 2026-04-07 16:02:17
Executive Summary
- Market Sentiment: Bullish (Score: 0.22)
- Volatility Regime: Backwardation (Panic)
- Credit Signal: Risk ON
- Breadth: Moderately Bearish (30.5% ▼ >50d, 49.8% >200d)
- Net Liquidity: $5,812B (Expanding)
- 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: $17,026B | BTC: $68,994 ▲ (Neutral)
- Seasonality (April): Avg +1.99% ▲, Hit Rate 80% (Historically Bullish)
Equity & Derivatives Board
| Ticker | Price | RSI(14) | IVR | ZGL | GEX Sent | PCR |
|---|---|---|---|---|---|---|
| SPY | $659.09 ▲ | 44.29 | 34.5 | $656.85 | Neutral | 0.89 |
| QQQ | $588.60 ▲ | 43.92 | 36.6 | $586.98 | Neutral | 0.81 |
| IWM | $252.88 ▲ | 53.68 | 46.2 | $251.46 | Bearish | 1.37 |
Macro Board
| Ticker | Price | RSI(14) | IVR | ZGL | GEX Sent | PCR |
|---|---|---|---|---|---|---|
| VIX | 26.02 ▼ | 51.38 | 68.3 | $11.00 | Bullish | 0.61 |
| TNX | 43.43 | 58.67 | 65.3 | - | - | - |
| GLD | $432.13 ▲ | 37.57 | 55.6 | $416.47 | Neutral | 0.80 |
| DXY | 99.66 ▼ | 50.68 ▼ | 47.9 ▲ | - | - | - |
| SLV | $66.06 ▲ | 38.06 | 29.4 | $53.06 | Neutral | 0.75 |
Macro Fundamentals
- 10Y Yield: 4.34%
- Yield Curve (10Y-3M): 0.73 (Normal)
- DXY: 99.66 ▼
- Growth vs Value: 0.89 ▲
- Risk Appetite (XLY/XLP): 1.33 ▲ (Defensive)
Volatility Structure
- MOVE Index (Bond Vol): 81.68
- VIX/MOVE Ratio: 0.33 ▲ (Equity Vol Elevated vs Rates)
- 0DTE Call Volume: 3,092,772 ▲
- 0DTE Put Volume: 3,990,415 ▲
- 0DTE Put/Call Ratio: 1.29 ▼ (Balanced 0DTE Flow ◆)
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: 30.5% ▼ (of 499)
- Stocks Above 200-Day SMA: 49.8%
- Breadth Signal: Moderately Bearish
Fed & Global Liquidity
- Fed Balance Sheet (WALCL): $6675.3B
- Treasury General Account (TGA): $847.7B
- Reverse Repo (RRP): $15.3B
- US Net Liquidity (WALCL - TGA - RRP): $5,812B
- Liquidity Regime: Expanding
- ECB Balance Sheet: ~$6,655B (USD approx)
- BOJ Balance Sheet: ~$4,558B (USD approx)
- Global Net Liquidity (Fed+ECB+BOJ): $17,026B
- BTC-USD: $68,994 ▲ (Neutral)
Dark Pool Activity
- DIX (Dark Index): 0.454
- GEX (Gamma Exposure): 2.91B
- Signal: Strong Dark Pool Buying
Seasonality (April)
- 20yr Average Return: +1.99% ▲
- 20yr Median Return: +1.46% ▲
- 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:
- No key economic prints today.
Upcoming Economic Calendar (Next 30 Days):
- Gross Domestic Product (GDP): 2026-04-09
- Industrial Production: 2026-04-16
- Gross Domestic Product (GDP): 2026-04-30
FX News Wire
Unread articles (4):
[1] Silver Price Analysis: A bearish crossover looms, sellers eye $70 URL: https://www.fxstreet.com/news/silver-price-analysis-a-bearish-crossover-looms-sellers-eye-70-202604071940 Published: Tue, 07 Apr 2026 19:40:21 Z
[2] Gold climbs toward $4,680 as weaker Dollar offsets war anxiety URL: https://www.fxstreet.com/news/gold-climbs-toward-4-680-as-weaker-dollar-offsets-war-anxiety-202604071938 Published: Tue, 07 Apr 2026 19:38:52 Z
[3] Vietnam: Strong growth but inflation challenges SBV – Commerzbank URL: https://www.fxstreet.com/news/vietnam-strong-growth-but-inflation-challenges-sbv-commerzbank-202604071937 Published: Tue, 07 Apr 2026 19:37:00 Z
[4] United States Consumer Credit Change below expectations ($10B) in February: Actual ($9.48B) URL: https://www.fxstreet.com/news/united-states-consumer-credit-change-below-expectations-10b-in-february-actual-948b-202604071900 Published: Tue, 07 Apr 2026 19:00:04 Z
Iran War News
Updates (3):
[1] Iran's attacks trigger blasts, sirens in Arab neighbors as US deadline looms Time: 2026-04-07T19:57:00.474Z
[BREAKING] [2] Iran says positively reviewing Pakistan's call for two-week truce - Reuters Time: 2026-04-07T19:51:22.311Z
[BREAKING] [3] US says will soon respond to Pakistan's call for deadline extension - Axios Time: 2026-04-07T19:48:02.166Z
Hormuz Strait Status
Hormuz Strait: no change since last report.
Strait of Hormuz Dashboard:
- Ships Transiting: Near zero (normal: ~60/day)
- Stranded Vessels: 150+ ships including tankers, bulk carriers, and other commercial vessels
- Oil Prices: Brent crude surging due to supply disruption
- War Risk Insurance: Premiums at extreme levels, over 16x normal rates
- Throughput: Under 2% of normal daily deadweight tonnage
- Global Impact: 21% of world oil supply at risk; 25% of global LNG trade at risk; est. $4 billion/day economic cost
- Shipping: +14 days via Cape reroute; tanker rates tripled