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2026-W15

Finance Analyst Report: 2026-04-10 09:32:09

Executive Summary

  • Market Sentiment: Neutral (Score: 0.13)
  • Volatility Regime: Contango (Normal)
  • Credit Signal: Risk ON
  • Breadth: Moderately Bullish (50.7% ▲ >50d, 57.8% ▲ >200d)
  • Net Liquidity: N/A (N/A ◆)
  • 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% (N/A ◆)
  • Global Liquidity: N/A ◆ | BTC: $72,290 ▲ (Neutral)
  • Seasonality (April): Avg +2.16% ▲, Hit Rate 80% (Historically Bullish)

Equity & Derivatives Board

Ticker Price RSI(14) IVR ZGL GEX Sent PCR
SPY $681.89 ▲ 60.40 71.7 $675.33 Bullish 0.43
QQQ $612.59 ▲ 58.08 77.6 $596.70 Bullish 0.46
IWM $262.47 ▲ 64.45 94.7 $252.48 Neutral 0.72

Macro Board

Ticker Price RSI(14) IVR ZGL GEX Sent PCR
VIX 18.91 ▼ 41.50 82.2 $10.50 Bearish 1.73
TNX 43.01 50.96 79.0 - - -
GLD $438.32 ▼ 55.32 54.9 $416.56 Neutral 0.72
DXY 98.63 ▼ 39.59 ▼ 54.2 ▲ - - -
SLV $68.97 ▼ 55.44 28.1 $61.87 Bullish 0.56

Macro Fundamentals

  • 10Y Yield: 4.30%
  • Yield Curve (10Y-3M): 0.71 ▲ (Normal)
  • DXY: 98.63 ▼
  • Growth vs Value: 0.90 ▲
  • Risk Appetite (XLY/XLP): 1.36 ▲ (Defensive)

Volatility Structure

  • MOVE Index (Bond Vol): 74.01
  • VIX/MOVE Ratio: 0.26 (Equity Vol Elevated vs Rates)
  • 0DTE Call Volume: 25,186 ▲
  • 0DTE Put Volume: 27,791 ▲
  • 0DTE Put/Call Ratio: 1.10 ▼ (Balanced 0DTE Flow ◆)

Credit Conditions

  • HY OAS Spread: 2.94% (Benign)
  • BBB Spread: 1.05%
  • 2s10s Spread: 0.51% (N/A ◆)

Market Breadth (S&P 500)

  • Stocks Above 50-Day SMA: 50.7% ▲ (of 487)
  • Stocks Above 200-Day SMA: 57.8% ▲
  • Breadth Signal: Moderately Bullish

Fed & Global Liquidity

  • Fed Balance Sheet (WALCL): $N/AB
  • Treasury General Account (TGA): $748.4B
  • Reverse Repo (RRP): $0.4B
  • US Net Liquidity (WALCL - TGA - RRP): N/A
  • Liquidity Regime: N/A ◆
  • ECB Balance Sheet: ~$6,754B (USD approx)
  • BOJ Balance Sheet: ~$4,414B (USD approx)
  • Global Net Liquidity (Fed+ECB+BOJ): N/A ◆
  • BTC-USD: $72,290 ▲ (Neutral)

Dark Pool Activity

  • DIX (Dark Index): 0.484
  • GEX (Gamma Exposure): 5.64B
  • Signal: Strong Dark Pool Buying

Seasonality (April)

  • 20yr Average Return: +2.16% ▲
  • 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:

  • No key economic prints today.

Upcoming Economic Calendar (Next 30 Days):

  • Producer Price Index (PPI): 2026-04-14
  • Retail Sales: 2026-04-21
  • Gross Domestic Product (GDP): 2026-04-30

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