Finance Analyst Report: 2026-04-10 09:36:14
Executive Summary
- Market Sentiment: Neutral (Score: 0.13)
- Volatility Regime: Contango (Normal)
- Credit Signal: Risk ON
- Breadth: Mixed ◆ (48.6% ▼ >50d, 56.1% ▼ >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% (N/A)
- Global Liquidity: $17,113B ◆ | BTC: $72,214 ▼ (Neutral)
- Seasonality (April): Avg +2.16%, Hit Rate 80% (Historically Bullish)
Equity & Derivatives Board
| Ticker | Price | RSI(14) | IVR | ZGL | GEX Sent | PCR |
|---|---|---|---|---|---|---|
| SPY | $680.80 ▼ | 60.40 | 71.7 | $675.25 | Bullish | 0.50 |
| QQQ | $612.28 ▼ | 58.08 | 77.6 | $596.38 | Bullish | 0.52 |
| IWM | $261.82 ▼ | 64.45 | 94.7 | $252.89 | Neutral | 0.92 |
Macro Board
| Ticker | Price | RSI(14) | IVR | ZGL | GEX Sent | PCR |
|---|---|---|---|---|---|---|
| VIX | 19.07 ▲ | 41.50 | 82.2 | $10.50 | Bearish | 1.68 |
| TNX | 43.01 | 50.96 | 79.0 | - | - | - |
| GLD | $437.81 ▼ | 55.32 | 54.9 | $416.43 | Neutral | 0.71 |
| DXY | 98.60 ▼ | 39.37 ▼ | 54.3 ▲ | - | - | - |
| SLV | $68.92 ▼ | 55.44 | 28.1 | $56.15 | Bullish | 0.52 |
Macro Fundamentals
- 10Y Yield: 4.30%
- Yield Curve (10Y-3M): 0.71 (Normal)
- DXY: 98.60 ▼
- 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: 87,309 ▲
- 0DTE Put Volume: 115,513 ▲
- 0DTE Put/Call Ratio: 1.32 ▲ (Heavy 0DTE Put Buying (Hedging) ◆)
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: 48.6% ▼ (of 500)
- Stocks Above 200-Day SMA: 56.1% ▼
- Breadth Signal: Mixed ◆
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: $72,214 ▼ (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:
- Consumer Price Index (CPI): Scheduled today (awaiting release)
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