Finance Analyst Report: 2026-04-10 02:00:18
Executive Summary
- Market Sentiment: Neutral (Score: 0.13)
- Volatility Regime: Contango (Normal)
- Credit Signal: Risk ON
- Breadth: Moderately Bullish (50.1% >50d, 57.0% >200d)
- Net Liquidity: $5,945B (Expanding)
- Dark Pool DIX: 0.455 (Strong Dark Pool Buying)
- MOVE Index: 74 | VIX/MOVE: 0.26 (Equity Vol Elevated vs Rates)
- Credit: HY OAS 2.94% (N/A) | 2s10s: 0.51% (Normal (Steepening))
- Global Liquidity: N/A ◆ | BTC: $72,106 ▲ (Neutral)
- Seasonality (April): Avg +2.15%, Hit Rate 80% (Historically Bullish)
Equity & Derivatives Board
| Ticker | Price | RSI(14) | IVR | ZGL | GEX Sent | PCR |
|---|---|---|---|---|---|---|
| SPY | $679.64 | 57.72 | 38.9 | $665.89 | Bullish | 0.15 |
| QQQ | $609.87 | 55.38 | 40.7 | $594.56 | Bullish | -359.24 |
| IWM | $261.78 | 64.54 | 51.0 | $252.57 | Bullish | 0.61 |
Macro Board
| Ticker | Price | RSI(14) | IVR | ZGL | GEX Sent | PCR |
|---|---|---|---|---|---|---|
| VIX | 19.49 | 42.31 | 64.5 | $10.50 | Bearish | 1.50 |
| TNX | 42.93 | 52.47 | 70.1 | - | - | - |
| GLD | $438.45 | 45.85 | 55.2 | $416.50 | Neutral | 0.74 |
| DXY | 98.81 | 45.93 | 50.2 | - | - | - |
| SLV | $68.39 | 47.72 | 28.4 | $56.47 | Bullish | 0.58 |
Macro Fundamentals
- 10Y Yield: 4.29%
- Yield Curve (10Y-3M): 0.71 (Normal)
- DXY: 98.81
- Growth vs Value: 0.90
- Risk Appetite (XLY/XLP): 1.35 (Defensive)
Volatility Structure
- MOVE Index (Bond Vol): 74.01
- VIX/MOVE Ratio: 0.26 (Equity Vol Elevated vs Rates)
- 0DTE Call Volume: 3,155,098
- 0DTE Put Volume: 4,365,537
- 0DTE Put/Call Ratio: 1.38 (Heavy 0DTE Put Buying (Hedging))
Credit Conditions
- HY OAS Spread: 2.94% (N/A)
- BBB Spread: 1.05%
- 2s10s Spread: 0.51% (Normal (Steepening))
Market Breadth (S&P 500)
- Stocks Above 50-Day SMA: 50.1% (of 501)
- Stocks Above 200-Day SMA: 57.0%
- Breadth Signal: Moderately Bullish
Fed & Global Liquidity
- Fed Balance Sheet (WALCL): $6693.9B
- Treasury General Account (TGA): $748.4B
- Reverse Repo (RRP): $0.4B
- US Net Liquidity (WALCL - TGA - RRP): $5,945B
- Liquidity Regime: Expanding
- ECB Balance Sheet: ~$6,754B (USD approx)
- BOJ Balance Sheet: ~$0B ▼ (USD approx)
- Global Net Liquidity (Fed+ECB+BOJ): N/A ◆
- BTC-USD: $72,106 ▲ (Neutral)
Dark Pool Activity
- DIX (Dark Index): 0.455
- GEX (Gamma Exposure): 5.35B
- Signal: Strong Dark Pool Buying
Seasonality (April)
- 20yr Average Return: +2.15%
- 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):
- Gross Domestic Product (GDP): 2026-04-30
- Employment Situation (Payrolls): 2026-05-08
FX News Wire
Unread articles (15):
[1] Philippines Gold price today: Gold steadies, according to FXStreet data URL: https://www.fxstreet.com/news/philippines-gold-price-today-gold-steadies-according-to-fxstreet-data-202604100500 Published: Fri, 10 Apr 2026 05:00:15 Z
[2] US CPI inflation set to jump to nearly two-year high as Iran war boosts energy prices URL: https://www.fxstreet.com/news/us-cpi-inflation-set-to-jump-sharply-in-march-driven-by-higher-energy-prices-202604100400 Published: Fri, 10 Apr 2026 05:00:00 Z
[3] United Arab Emirates Gold price today: Gold steadies, according to FXStreet data URL: https://www.fxstreet.com/news/united-arab-emirates-gold-price-today-gold-steadies-according-to-fxstreet-data-202604100459 Published: Fri, 10 Apr 2026 04:59:05 Z
[4] EUR/USD Price Forecast: Bears seem hesitant as breakout above 1.1670 remains in play URL: https://www.fxstreet.com/news/eur-usd-price-forecast-bears-seem-hesitant-as-breakout-above-11670-remains-in-play-202604100449 Published: Fri, 10 Apr 2026 04:49:52 Z
[5] Pakistan Gold price today: Gold steadies, according to FXStreet data URL: https://www.fxstreet.com/news/pakistan-gold-price-today-gold-steadies-according-to-fxstreet-data-202604100447 Published: Fri, 10 Apr 2026 04:47:41 Z
[6] India Gold price today: Gold steadies, according to FXStreet data URL: https://www.fxstreet.com/news/india-gold-price-today-gold-steadies-according-to-fxstreet-data-202604100447 Published: Fri, 10 Apr 2026 04:47:19 Z
[7] Malaysia Gold price today: Gold steadies, according to FXStreet data URL: https://www.fxstreet.com/news/malaysia-gold-price-today-gold-steadies-according-to-fxstreet-data-202604100446 Published: Fri, 10 Apr 2026 04:46:14 Z
[8] USD/CHF Price Forecast: Softens to near 0.7900 with rangebound tone ahead of US CPI release URL: https://www.fxstreet.com/news/usd-chf-price-forecast-softens-to-near-07900-with-rangebound-tone-ahead-of-us-cpi-release-202604100436 Published: Fri, 10 Apr 2026 04:36:19 Z
[9] Gold edges lower as Hormuz risks fuel inflation worries and hawkish Fed bets before US CPI URL: https://www.fxstreet.com/news/gold-edges-lower-as-hormuz-risks-fuel-inflation-worries-and-hawkish-fed-bets-before-us-cpi-202604100430 Published: Fri, 10 Apr 2026 04:30:22 Z
[10] Netherlands, The Manufacturing Output (MoM) dipped from previous 0.4% to -1.3% in February URL: https://www.fxstreet.com/news/netherlands-the-manufacturing-output-mom-dipped-from-previous-04-to-13-in-february-202604100430 Published: Fri, 10 Apr 2026 04:30:03 Z
[11] Nasdaq Futures target new record high after ending double three Elliott Wave structure [Video] URL: https://www.fxstreet.com/news/nasdaq-futures-target-new-record-high-after-ending-double-three-elliott-wave-structure-video-202604100414 Published: Fri, 10 Apr 2026 04:14:35 Z
[12] EUR/JPY Price Forecast: Eyes upper ascending channel boundary near 186.50 URL: https://www.fxstreet.com/news/eur-jpy-price-forecast-eyes-upper-ascending-channel-boundary-near-18650-202604100409 Published: Fri, 10 Apr 2026 04:09:31 Z
[13] Indonesia Consumer Confidence down to 122.9 in March from previous 125.2 URL: https://www.fxstreet.com/news/indonesia-consumer-confidence-down-to-1229-in-march-from-previous-1252-202604100330 Published: Fri, 10 Apr 2026 03:30:43 Z
[14] Canadian Dollar declines as oil prices ease, US Dollar gains URL: https://www.fxstreet.com/news/canadian-dollar-declines-as-oil-prices-ease-us-dollar-gains-202604100329 Published: Fri, 10 Apr 2026 03:29:32 Z
[15] USD/KRW holds intraday gains around 1,480 as BoK advocates wait mode amid Iran risks URL: https://www.fxstreet.com/news/usd-krw-holds-intraday-gains-around-1-480-as-bok-advocates-wait-mode-amid-iran-risks-202604100316 Published: Fri, 10 Apr 2026 03:16:27 Z
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