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2026-W15

Finance Analyst Report: 2026-04-09 10:01:00

Executive Summary

  • Market Sentiment: Bullish (Score: 0.21)
  • Volatility Regime: Contango (Normal)
  • Credit Signal: Risk ON
  • Breadth: Mixed (47.0% >50d, 55.0% >200d)
  • Net Liquidity: N/A (N/A ◆)
  • Dark Pool DIX: 0.455 (Strong Dark Pool Buying)
  • MOVE Index: 79 | VIX/MOVE: 0.27 ▼ (Equity Vol Elevated vs Rates)
  • Credit: HY OAS 2.94% (Benign) | 2s10s: 0.50% (Normal (Steepening))
  • Global Liquidity: N/A ◆ | BTC: $70,762 ▼ (Neutral)
  • Seasonality (April): Avg +2.11%, Hit Rate 80% (Historically Bullish)

Equity & Derivatives Board

Ticker Price RSI(14) IVR ZGL GEX Sent PCR
SPY $675.05 ▼ 57.72 38.9 $665.96 Bullish 0.53
QQQ $604.43 ▼ 55.38 40.7 $585.93 Neutral 0.90
IWM $260.20 ▼ 64.54 51.0 $252.22 Neutral 0.83

Macro Board

Ticker Price RSI(14) IVR ZGL GEX Sent PCR
VIX 20.95 ▲ 42.31 64.5 $10.50 Neutral 1.15
TNX 43.13 ▲ 52.47 70.1 - - -
GLD $437.26 ▼ 45.85 55.2 $416.50 Neutral 0.75
DXY 98.87 ▲ 46.45 ▲ 50.5 ▼ - - -
SLV $67.91 ▼ 47.72 28.4 $56.48 Bullish 0.60

Macro Fundamentals

  • 10Y Yield: 4.31% ▲
  • Yield Curve (10Y-3M): 0.72 ▲ (Normal)
  • DXY: 98.87 ▲
  • Growth vs Value: 0.90 ▼
  • Risk Appetite (XLY/XLP): 1.33 ▼ (Defensive)

Volatility Structure

  • MOVE Index (Bond Vol): 78.74
  • VIX/MOVE Ratio: 0.27 ▼ (Equity Vol Elevated vs Rates)
  • 0DTE Call Volume: 358,925 ▲
  • 0DTE Put Volume: 424,484 ▲
  • 0DTE Put/Call Ratio: 1.18 ▲ (Balanced 0DTE Flow)

Credit Conditions

  • HY OAS Spread: 2.94% (Benign)
  • BBB Spread: 1.05%
  • 2s10s Spread: 0.50% (Normal (Steepening))

Market Breadth (S&P 500)

  • Stocks Above 50-Day SMA: 47.0% (of 474)
  • Stocks Above 200-Day SMA: 55.0%
  • Breadth Signal: Mixed

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: ~$0B ▼ (USD approx)
  • Global Net Liquidity (Fed+ECB+BOJ): N/A ◆
  • BTC-USD: $70,762 ▼ (Neutral)

Dark Pool Activity

  • DIX (Dark Index): 0.455
  • GEX (Gamma Exposure): 5.35B
  • 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 (+0.0% vs 30d)
  • AMZN: $1.65 (+0.2% vs 30d)
  • META: $6.61 (+0.2% vs 30d)
  • TSLA: $0.39 (-3.9% vs 30d)
  • WMT: $0.66 (-0.1% vs 30d)
  • JPM: $5.49 (-0.1% vs 30d)
  • GS: $16.35 (+3.9% 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)
  • Employment Cost Index: Wages and Salaries: Private Industry Workers: 176.233 (Period: 2025-10-01)
  • Industrial Production: Total Index: 102.551 (Period: 2026-02-01)
  • Commercial Bank Interest Rate on Credit Card Plans, All Accounts: 21.0 (Period: 2026-02-01)

Upcoming Economic Calendar (Next 30 Days):

  • Consumer Price Index (CPI): 2026-04-10
  • Producer Price Index (PPI): 2026-04-14
  • Industrial Production: 2026-04-16

FX News Wire

No new articles found since last report.

Iran War News

No new Iran International updates since last report.

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