Finance Analyst Report: 2026-04-08 22:00:06
Executive Summary
- Market Sentiment: Bullish (Score: 0.21)
- Volatility Regime: Contango (Normal)
- Credit Signal: Risk ON
- Breadth: Mixed (49.1% >50d, 55.8% >200d)
- Net Liquidity: $5,827B (Expanding)
- Dark Pool DIX: 0.469 (Strong Dark Pool Buying)
- MOVE Index: 79 | VIX/MOVE: 0.27 (Equity Vol Elevated vs Rates)
- Credit: HY OAS 3.12% (N/A) | 2s10s: 0.50% (Normal (Steepening))
- Global Liquidity: $16,897B | BTC: $70,919 ▼ (Neutral)
- Seasonality (April): Avg +2.12%, Hit Rate 80% (Historically Bullish)
Equity & Derivatives Board
| Ticker | Price | RSI(14) | IVR | ZGL | GEX Sent | PCR |
|---|---|---|---|---|---|---|
| SPY | $675.45 | 43.35 | 33.2 | $657.51 | Bullish | 0.17 |
| QQQ | $605.36 | 42.24 | 35.3 | $588.58 | Bullish | 0.70 |
| IWM | $260.15 | 53.10 | 41.0 | $251.04 | Bullish | 0.37 |
Macro Board
| Ticker | Price | RSI(14) | IVR | ZGL | GEX Sent | PCR |
|---|---|---|---|---|---|---|
| VIX | 21.04 | 57.01 | 56.3 | $10.51 | Neutral | 1.19 |
| TNX | 42.91 | 60.80 | 64.7 | - | - | - |
| GLD | $434.01 | 39.82 | 54.9 | $416.39 | Bullish | 0.66 |
| DXY | 99.03 | 40.82 | 51.4 | - | - | - |
| SLV | $67.12 | 39.94 | 28.8 | $64.74 | Bullish | 0.61 |
Macro Fundamentals
- 10Y Yield: 4.29%
- Yield Curve (10Y-3M): 0.69 (Normal)
- DXY: 99.03
- Growth vs Value: 0.90
- Risk Appetite (XLY/XLP): 1.34 (Defensive)
Volatility Structure
- MOVE Index (Bond Vol): 78.74
- VIX/MOVE Ratio: 0.27 (Equity Vol Elevated vs Rates)
- 0DTE Call Volume: 3,205,600
- 0DTE Put Volume: 4,169,225
- 0DTE Put/Call Ratio: 1.30 (Balanced 0DTE Flow)
Credit Conditions
- HY OAS Spread: 3.12% (N/A)
- BBB Spread: 1.08%
- 2s10s Spread: 0.50% (Normal (Steepening))
Market Breadth (S&P 500)
- Stocks Above 50-Day SMA: 49.1% (of 501)
- Stocks Above 200-Day SMA: 55.8%
- 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: $70,919 ▼ (Neutral)
Dark Pool Activity
- DIX (Dark Index): 0.469
- GEX (Gamma Exposure): 2.71B
- Signal: Strong Dark Pool Buying
Seasonality (April)
- 20yr Average Return: +2.12%
- 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)
- Consumer Price Index for All Urban Consumers: All Items in U.S. City Average: 327.460 (Period: 2026-02-01)
Upcoming Economic Calendar (Next 30 Days):
- Gross Domestic Product (GDP): 2026-04-09
- Consumer Price Index (CPI): 2026-04-10
- Producer Price Index (PPI): 2026-04-14
- Industrial Production: 2026-04-16
- Gross Domestic Product (GDP): 2026-04-30
- Employment Situation (Payrolls): 2026-05-08
FX News Wire
Unread articles (6):
[1] EUR/USD softens to near 1.1650 as Middle East tensions lift US Dollar
URL: https://www.fxstreet.com/news/eur-usd-softens-to-near-11650-as-middle-east-tensions-lift-us-dollar-202604090026
Published: Thu, 09 Apr 2026 00:26:03 Z
[2] Japan Foreign Investment in Japan Stocks: ¥2B (April 3) vs ¥-4B URL: https://www.fxstreet.com/news/japan-foreign-investment-in-japan-stocks-y2b-april-3-vs-y-4b-202604082350 Published: Wed, 08 Apr 2026 23:50:02 Z
[3] Iran says peace talks would be 'unreasonable' as Israel expands Lebanon strikes — Reuters URL: https://www.fxstreet.com/news/iran-says-peace-talks-would-be-unreasonable-as-israel-expands-lebanon-strikes-reuters-202604082330 Published: Wed, 08 Apr 2026 23:30:30 Z
[4] Gold edges lower below $4,750 amid fragile Middle East ceasefire
URL: https://www.fxstreet.com/news/gold-edges-lower-below-4-750-amid-fragile-middle-east-ceasefire-202604082315
Published: Wed, 08 Apr 2026 23:15:57 Z
[5] GBP/USD pulls back from 1.3485 as fragile ceasefire clouds outlook URL: https://www.fxstreet.com/news/gbp-usd-pulls-back-from-13485-as-fragile-ceasefire-clouds-outlook-202604082309 Published: Wed, 08 Apr 2026 23:09:30 Z
[6] United Kingdom RICS Housing Price Balance below forecasts (-18%) in March: Actual (-23%) URL: https://www.fxstreet.com/news/united-kingdom-rics-housing-price-balance-below-forecasts-18-in-march-actual-23-202604082301 Published: Wed, 08 Apr 2026 23:01:05 Z
Iran War News
Updates (2):
[1] Iran officials celebrate ceasefire as critics warn it could stall change Time: 2026-04-09T01:23:45.968Z
[2] Iranâs grip on Strait of Hormuz to weaken in next five years - Bloomberg Time: 2026-04-09T00:17:01.811Z
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