Finance Analyst Report: 2026-04-08 15:00:46
Executive Summary
- Market Sentiment: Bullish (Score: 0.21)
- Volatility Regime: Contango (Normal)
- Credit Signal: Risk ON
- Breadth: Mixed (47.9% >50d, 55.2% >200d)
- Net Liquidity: $5,827B (Expanding)
- Dark Pool DIX: 0.469 (Strong Dark Pool Buying)
- MOVE Index: 83 | VIX/MOVE: 0.26 ▲ (Equity Vol Elevated vs Rates)
- Credit: HY OAS 3.12% (Watchful) | 2s10s: 0.52% (Normal (Steepening))
- Global Liquidity: $16,897B | BTC: $71,116 ▼ (Neutral)
- Seasonality (April): Avg +2.11%, Hit Rate 80% (Historically Bullish)
Equity & Derivatives Board
| Ticker | Price | RSI(14) | IVR | ZGL | GEX Sent | PCR |
|---|---|---|---|---|---|---|
| SPY | $672.92 ▼ | 43.35 | 33.2 | $656.80 | Bullish | 0.19 |
| QQQ | $602.75 ▼ | 42.24 | 35.3 | $583.82 | Bullish | 0.34 |
| IWM | $258.67 ▼ | 53.10 | 41.0 | $250.77 | Bullish | 0.36 |
Macro Board
| Ticker | Price | RSI(14) | IVR | ZGL | GEX Sent | PCR |
|---|---|---|---|---|---|---|
| VIX | 21.83 ▲ | 57.01 | 56.3 | $10.63 | Neutral | 1.11 |
| TNX | 42.91 ▼ | 60.80 | 64.7 | - | - | - |
| GLD | $431.99 ▼ | 39.82 | 54.9 | $416.40 | Neutral | 0.75 |
| DXY | 99.12 ▲ | 41.48 ▲ | 50.5 ▼ | - | - | - |
| SLV | $66.58 ▼ | 39.94 | 28.8 | $64.74 | Bullish | 0.64 |
Macro Fundamentals
- 10Y Yield: 4.29% ▼
- Yield Curve (10Y-3M): 0.69 ▼ (Normal)
- DXY: 99.12 ▲
- Growth vs Value: 0.90 ▼
- Risk Appetite (XLY/XLP): 1.34 ▼ (Defensive)
Volatility Structure
- MOVE Index (Bond Vol): 83.15
- VIX/MOVE Ratio: 0.26 ▲ (Equity Vol Elevated vs Rates)
- 0DTE Call Volume: 2,687,237 ▲
- 0DTE Put Volume: 3,633,343 ▲
- 0DTE Put/Call Ratio: 1.35 ▲ (Heavy 0DTE Put Buying (Hedging))
Credit Conditions
- HY OAS Spread: 3.12% (Watchful)
- BBB Spread: 1.08%
- 2s10s Spread: 0.52% (Normal (Steepening))
Market Breadth (S&P 500)
- Stocks Above 50-Day SMA: 47.9% (of 501)
- Stocks Above 200-Day SMA: 55.2%
- Breadth Signal: Mixed
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: ~$4,414B (USD approx)
- Global Net Liquidity (Fed+ECB+BOJ): $16,897B
- BTC-USD: $71,116 ▼ (Neutral)
Dark Pool Activity
- DIX (Dark Index): 0.469
- GEX (Gamma Exposure): 2.71B
- Signal: Strong Dark Pool Buying
Seasonality (April)
- 20yr Average Return: +2.11%
- 20yr Median Return: +1.57%
- 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
- MSFT: 2026-04-29
- GOOGL: 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
- Retail Sales: 2026-04-21
- Employment Situation (Payrolls): 2026-05-08
FX News Wire
Unread articles (6):
[1] USD/CHF Price Forecast: US Dollar slides below 200-day SMA, bears gain steam URL: https://www.fxstreet.com/news/usd-chf-price-forecast-slides-below-200-day-sma-bears-gain-steam-202604081840 Published: Wed, 08 Apr 2026 18:40:08 Z
[2] USD/INR: RBI curbs speculative longs, room to fall – OCBC URL: https://www.fxstreet.com/news/usd-inr-rbi-curbs-speculative-longs-room-to-fall-ocbc-202604081834 Published: Wed, 08 Apr 2026 18:34:00 Z
[3] Silver Price Forecast: XAG/USD consolidates within bearish flag on 4-hour chart URL: https://www.fxstreet.com/news/silver-price-forecast-xag-usd-consolidates-within-bearish-flag-on-4-hour-chart-202604081832 Published: Wed, 08 Apr 2026 18:32:45 Z
[4] Gold climbs on US-Iran ceasefire as softer Dollar, Oil lend support URL: https://www.fxstreet.com/news/gold-climbs-on-us-iran-ceasefire-as-softer-dollar-oil-lend-support-202604081816 Published: Wed, 08 Apr 2026 18:16:46 Z
[5] Breaking: Fed Minutes show patience, but risks now clearly two-sided URL: https://www.fxstreet.com/news/fed-minutes-to-offer-insights-into-march-hold-decision-amid-hawkish-outlook-202604081315 Published: Wed, 08 Apr 2026 18:07:34 Z
[6] Fed: Later cuts as inflation re-firms – Wells Fargo URL: https://www.fxstreet.com/news/fed-later-cuts-as-inflation-re-firms-wells-fargo-202604081801 Published: Wed, 08 Apr 2026 18:01:32 Z
Iran War News
Updates (3):
[1] Video: Heavy Israeli strikes hit several areas in Lebanon Time: 2026-04-08T18:58:12.158Z
[2] Iran hints at UAE role in post-truce attack on Lavan Island Time: 2026-04-08T18:56:58.474Z
[3] Qatar urges building on US-Iran ceasefire in call with Saudi Arabia Time: 2026-04-08T18:45:42.131Z
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