Finance Analyst Report: 2026-04-10 11:15:29
Executive Summary
- Sentiment: Neutral (Score: 0.14)
- Volatility: Contango (Normal) | MOVE: 74 | VIX/MOVE: 0.26 ▲ (Equity Vol Elevated vs Rates)
- Credit: Benign — HY OAS 2.90% | BBB 1.05% | 2s10s: 0.51% (Normal (Steepening))
- Breadth: Mixed — 47.5% >50d SMA, 56.2% >200d SMA (of 501)
- Liquidity: Expanding — Net: $5,945B | Global (Fed+ECB+BOJ): $17,113B
- Dark Pool: DIX 0.484 (Strong Dark Pool Buying) | GEX 5.64B
- BTC: $73,110 ▲ (Neutral)
- Seasonality (April): Avg +2.16%, Median +1.57%, Hit Rate 80% (Historically Bullish)
Equity & Derivatives Board
| Ticker | Price | RSI(14) | IVR | ZGL | GEX Sent | PCR |
|---|---|---|---|---|---|---|
| SPY | $681.67 ▲ | 60.40 | 71.7 | $675.71 | Bullish | 0.43 |
| QQQ | $613.24 ▲ | 58.08 | 77.6 | $596.69 | Bullish | 0.43 |
| IWM | $262.00 ▲ | 64.45 | 94.7 | $261.36 | Neutral | 0.82 |
Macro Board
| Ticker | Price | RSI(14) | IVR | ZGL | GEX Sent | PCR |
|---|---|---|---|---|---|---|
| VIX | 19.07 ▼ | 41.50 | 82.2 | $10.50 | Bearish | 1.62 |
| TNX | 43.01 ▼ | 50.96 | 79.0 | - | - | - |
| GLD | $439.30 ▲ | 55.32 | 54.9 | $416.85 | Bullish | 0.70 |
| DXY | 98.64 ▼ | 39.71 ▼ | 54.2 ▲ | - | - | - |
| SLV | $69.28 ▲ | 55.44 | 28.1 | $61.93 | Bullish | 0.53 |
Macro Fundamentals
- 10Y Yield: 4.30% ▼
- Yield Curve (10Y-3M): 0.71 ▼ (Normal)
- DXY: 98.64 ▼
- Growth vs Value: 0.90 ▲
- Risk Appetite (XLY/XLP): 1.37 ▲ (Defensive)
Volatility & Options
- MOVE Index (Bond Vol): 74.01
- VIX/MOVE Ratio: 0.26 ▲ (Equity Vol Elevated vs Rates)
- 0DTE Call Volume: 1,138,762 ▲
- 0DTE Put Volume: 1,399,563 ▲
- 0DTE Put/Call Ratio: 1.23 ▼ (Balanced 0DTE Flow)
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 (Expanding)
- ECB Balance Sheet: ~$6,754B
- BOJ Balance Sheet: ~$4,414B
- Global Net Liquidity: $17,113B
- BTC-USD (Liquidity Proxy): $73,110 ▲ (Neutral)
Today's Events
Economic Releases:
- Consumer Price Index (CPI): 330.293 (Period: 2026-03-01)
Upcoming Calendar (30 Days)
Economic Releases:
- 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
Earnings & EPS Estimates:
- GS (2026-04-13): EPS Est. $16.35 (↑3.9% vs 30d)
- JPM (2026-04-14): EPS Est. $5.49 (↓0.1% vs 30d)
- TSLA (2026-04-22): EPS Est. $0.39 (↓3.9% vs 30d)
- MSFT (2026-04-29): EPS Est. $4.09 (↑0.0% vs 30d)
- GOOGL (2026-04-29): EPS Est. $2.60 (↑0.0% vs 30d)
- META (2026-04-29): EPS Est. $6.61 (↑0.2% vs 30d)
- AAPL (2026-04-30): EPS Est. $1.94 (↓0.8% vs 30d)
- AMZN (2026-04-30): EPS Est. $1.65 (↑0.2% vs 30d)
- NVDA (2026-05-20): EPS Est. $1.78 (↓0.2% vs 30d)
- WMT (2026-05-21): EPS Est. $0.66 (↓0.1% vs 30d)
FX News Wire
Unread articles (9):
[1] Gold holds firm as uncertainty lingers around US-Iran negotiations URL: https://www.fxstreet.com/news/gold-holds-steady-in-a-narrow-range-ahead-of-us-cpi-data-202604101205 Published: Fri, 10 Apr 2026 15:01:42 Z
[2] Canada: Wage strength tempers BoC cut hopes – TD Securities URL: https://www.fxstreet.com/news/canada-wage-strength-tempers-boc-cut-hopes-td-securities-202604101501 Published: Fri, 10 Apr 2026 15:01:29 Z
[3] JPY: Neutral rate debate supports gradual gains – Commerzbank URL: https://www.fxstreet.com/news/jpy-neutral-rate-debate-supports-gradual-gains-commerzbank-202604101449 Published: Fri, 10 Apr 2026 14:49:32 Z
[4] Oil: Fragile ceasefire keeps supply risks elevated – Wells Fargo URL: https://www.fxstreet.com/news/oil-fragile-ceasefire-keeps-supply-risks-elevated-wells-fargo-202604101438 Published: Fri, 10 Apr 2026 14:38:00 Z
[5] US UoM Consumer Sentiment falls to 47.6 in April, its lowest level on record URL: https://www.fxstreet.com/news/us-uom-consumer-sentiment-index-is-seen-at-476-in-april-202604101435 Published: Fri, 10 Apr 2026 14:35:49 Z
[6] EUR/USD extends gains as ceasefire optimism weighs on USD despite firm CPI URL: https://www.fxstreet.com/news/eur-usd-extends-gains-as-ceasefire-optimism-weighs-on-usd-despite-firm-cpi-202604101435 Published: Fri, 10 Apr 2026 14:35:19 Z
[7] Fed: Patience maintained with two cuts still projected – TD Securities URL: https://www.fxstreet.com/news/fed-patience-maintained-with-two-cuts-still-projected-td-securities-202604101426 Published: Fri, 10 Apr 2026 14:26:52 Z
[8] BoK: Data driven path to possible July hike – ING URL: https://www.fxstreet.com/news/bok-data-driven-path-to-possible-july-hike-ing-202604101417 Published: Fri, 10 Apr 2026 14:17:54 Z
[9] US: Energy shock complicates Fed path – Commerzbank URL: https://www.fxstreet.com/news/us-energy-shock-complicates-fed-path-commerzbank-202604101408 Published: Fri, 10 Apr 2026 14:08:17 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