Finance Analyst Report: 2026-04-10 09:27:38
Executive Summary
- Market Sentiment: Neutral (Score: 0.13)
- Volatility Regime: Contango (Normal)
- Credit Signal: Risk ON
- Breadth: Moderately Bullish (50.1% >50d, 57.2% ▲ >200d)
- Net Liquidity: $5,945B (Expanding ◆)
- Dark Pool DIX: 0.484 ▲ (Strong Dark Pool Buying)
- MOVE Index: 74 | VIX/MOVE: 0.26 ▼ (Equity Vol Elevated vs Rates)
- Credit: HY OAS 2.94% (Benign) | 2s10s: 0.51% (Normal (Steepening))
- Global Liquidity: $17,113B ◆ | BTC: $72,274 ▲ (Neutral)
- Seasonality (April): Avg +2.15%, Hit Rate 80% (Historically Bullish)
Equity & Derivatives Board
| Ticker | Price | RSI(14) | IVR | ZGL | GEX Sent | PCR |
|---|---|---|---|---|---|---|
| SPY | $681.06 ▼ | 60.40 | 71.7 | $674.82 | Bullish | 0.58 |
| QQQ | $611.45 ▼ | 58.08 | 77.6 | $596.34 | Neutral | 0.74 |
| IWM | $262.31 ▼ | 64.45 | 94.7 | $261.37 | Neutral | 0.92 |
Macro Board
| Ticker | Price | RSI(14) | IVR | ZGL | GEX Sent | PCR |
|---|---|---|---|---|---|---|
| VIX | 19.06 ▼ | 41.50 | 82.2 | $10.50 | Bearish | 1.38 |
| TNX | 43.01 ▼ | 50.96 | 79.0 | - | - | - |
| GLD | $438.62 ▲ | 55.32 | 54.9 | $416.56 | Neutral | 0.73 |
| DXY | 98.65 ▼ | 39.78 ▼ | 54.1 ▲ | - | - | - |
| SLV | $69.15 ▲ | 55.44 | 28.1 | $56.48 | Bullish | 0.59 |
Macro Fundamentals
- 10Y Yield: 4.30% ▼
- Yield Curve (10Y-3M): 0.71 ▼ (Normal)
- DXY: 98.65 ▼
- 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: 0
- 0DTE Put Volume: 0
- 0DTE Put/Call Ratio: 1.38 (No 0DTE Expiry Today)
Credit Conditions
- HY OAS Spread: 2.94% (Benign)
- 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: 57.2% ▲
- 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: ~$4,414B ▲ (USD approx)
- Global Net Liquidity (Fed+ECB+BOJ): $17,113B ◆
- BTC-USD: $72,274 ▲ (Neutral)
Dark Pool Activity
- DIX (Dark Index): 0.484 ▲
- GEX (Gamma Exposure): 5.64B ▲
- 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 (EPS Est: $16.35)
- JPM: 2026-04-14 (EPS Est: $5.49)
- TSLA: 2026-04-22 (EPS Est: $0.39)
- MSFT: 2026-04-29 (EPS Est: $4.09)
- GOOGL: 2026-04-29 (EPS Est: $2.60)
- META: 2026-04-29 (EPS Est: $6.61)
- AAPL: 2026-04-30 (EPS Est: $1.94)
- AMZN: 2026-04-30 (EPS Est: $1.65)
- NVDA: 2026-05-20 (EPS Est: $1.78)
- WMT: 2026-05-21 (EPS Est: $0.66)
Economic Releases (FRED)
Today's Key Economic Prints:
- Consumer Price Index for All Urban Consumers: All Items in U.S. City Average: 330.293 (Period: 2026-03-01)
Upcoming Economic Calendar (Next 30 Days):
- Producer Price Index (PPI): 2026-04-14
- Industrial Production: 2026-04-16
- Retail Sales: 2026-04-21
- Philadelphia Fed Mfg Index: 2026-04-28
- Gross Domestic Product (GDP): 2026-04-30
- Employment Situation (Payrolls): 2026-05-08
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