Finance Analyst Report: 2026-06-11 00:00:44 ET
Signal Alignment
SPY Direction: SPY -1.7% (3d) | Alignment: 40% (2 aligned, 3 divergent) Status: MIXED β Mixed β no clear signal consensus
| Category | Signal Says | vs SPY | Key Driver |
|---|---|---|---|
| Dark Pool | π΄ BEARISH | β ALIGNED | DIX 0.467 moderate, 0DTE PCR 1.29 put-heavy |
| Gamma | π’ BULLISH | β DIVERGENT | GEX +2.5B vol dampening |
| Credit | βͺ NEUTRAL | β | HY OAS 2.78% moderate, NFCI -0.494 avg |
| Breadth | βͺ NEUTRAL | β | Breadth 52% β mixed participation |
| Energy | βͺ NEUTRAL | β | Energy ELEVATED β watch for transmission but not yet bearish |
| growth_expectations | βͺ NEUTRAL | β | Copper/Gold +3.0% growth optimism Β· real yield 2.20% restrictive |
| news_sentiment | βͺ NEUTRAL | β | AI news sentiment unavailable |
| Correlations | π’ BULLISH | β DIVERGENT | SPY/VIX -0.85 normal, SPY/DXY -0.68 stretched, SPY/TNX -0.74 stretched, SPY/Oil -0.18 normal |
| Volatility | π΄ BEARISH | β ALIGNED | VIX 22.2 elevated Β· SKEW 143 firm Β· VVIX/VIX 4.87 above-trend |
| Inflation | βͺ NEUTRAL | β | Stagflation score 27 β moderate, watching |
| carry_risk | π’ BULLISH | β DIVERGENT | USD/JPY 5d +0.3% stable, MOVE 74 calm |
| Liquidity | βͺ NEUTRAL | β | Liquidity Adequate, cut prob 11% β hawkish lean but no BS drain |
Divergence read: Signals are mixed with no strong directional consensus against price.
Market Status
Regime: RISK-ON | Score: 72/100 (Favorable) |
Leading indicators show DIX stable at 0.467; GEX positive at 2.5B (vol-suppressing). Lagging confirmation: VIX at 22.2 (elevated-fear environment); seasonal pattern historically neutral.
What Changed
- No signal changes detected.
Key Levels
- SPY: $722.86 | 50 SMA $717.45 | 200 SMA $684.94 | +0.0% from 50d | ZGL $736.75
- QQQ: $689.73 | 50 SMA $673.56 | 200 SMA $623.29 | +0.0% from 50d | ZGL $692.01
- IWM: $280.30 | 50 SMA $275.69 | 200 SMA $256.03 | +0.0% from 50d | ZGL $250.0
- VIX: 22.22 β 20-30 (elevated)
- 10Y Yield: 4.542%
Equity & Derivatives Board
| Ticker | Price | RSI(14) | IVR | ZGL | Ξ³-Sent | PCR |
|---|---|---|---|---|---|---|
| SPY | $722.86 | 52.88 | 48.5 | $736.75 | Bearish | 5.90 |
| QQQ | $689.73 | 52.95 | 94.0 | $692.01 | Bearish | 2.69 |
| IWM | $280.30 | 62.76 | 75.1 | $250.00 | Neutral | 1.44 |
Macro Board
| Ticker | Price | RSI(14) | IVR | ZGL | Ξ³-Sent | PCR |
|---|---|---|---|---|---|---|
| VIX | 22.22 | 58.34 | 71.3 | $10.00 | Neutral | 0.61 |
| TNX | 45.42 | 33.95 | 63.4 | - | - | - |
| GLD | $371.44 | 32.84 | 22.2 | $285.00 | Bearish | 2.93 |
| DXY | 99.96 | 68.36 | 15.7 | - | - | - |
| SLV | $56.31 | 29.90 | 29.0 | $20.00 | Neutral | 1.49 |
Dark Pool Activity
- DIX (Dark Index): 0.467
- DIX Signal: Moderate buying
- GEX (Gamma Exposure): 2.48B
Credit Conditions
- HY OAS Spread: 2.78% (Normal)
- BBB Spread: 0.93%
- 2s10s Spread: 0.42% (Flat-ish)
Market Breadth
- Stocks Above 50-Day SMA: 51.6%
- Stocks Above 200-Day SMA: 59.5%
- Breadth Signal: Moderately Bullish
- Total Stocks Analyzed: 500
- Mag 7 Concentration: 31.1%
- Top 10 Concentration: 41.2%
Sector Breadth
| Sector | % > 50d SMA | Stocks |
|---|---|---|
| Real Estate | 85.7% | 0/0 |
| Consumer Staples | 67.6% | 0/0 |
| Financials | 66.2% | 0/0 |
| Technology | 55.4% | 0/0 |
| Health Care | 53.7% | 0/0 |
| Industrials | 47.8% | 0/0 |
| Energy | 47.4% | 0/0 |
| Consumer Discretionary | 37.3% | 0/0 |
| Utilities | 33.3% | 0/0 |
| Communication Services | 30.0% | 0/0 |
| Materials | 25.0% | 0/0 |
Energy & Commodities
- Energy Regime: ELEVATED
- WTI Crude: $91.78 (5d: -1.4%)
- Brent Crude: $94.67 | Spread: $2.89
- RBOB Gasoline: $3.1000/gal
- Heating Oil: $3.6700/gal
- 3-2-1 Crack Spread: $46.40/bbl (Very wide)
- XLE (Energy Sector): $58.25
- UNG (Nat Gas): $11.54
Correlations
| Pair | 20d Corr | Signal |
|---|---|---|
| SPY / VIX | -0.848 | normal |
| SPY / DXY | -0.676 | stretched |
| SPY / TNX | -0.737 | stretched |
| SPY / Oil | -0.182 | normal |
Volatility & Options
- Volatility Regime: Contango (Normal)
- MOVE Index (Bond Vol): 73.95
- VIX/MOVE Ratio: 0.30 (Equity Vol Elevated vs Rates)
- 0DTE Call Volume: 4,834,286.0
- 0DTE Put Volume: 6,227,657.0
- 0DTE Put/Call Ratio: 1.29 (Balanced 0DTE Flow)
- 0DTE Notional Dollar Volume: $802.5B
- Gamma Call Wall: $750 | Put Wall: $725 (Spot: $722.86)
CTA Trend Stack
- SMA Stack Score: 3/4 above
- Position: Above 50,100,200d SMA(s) Β· below 20d
Positioning & Sentiment
- CFTC E-mini Specs Net: -220,768 contracts (Z -1.95, as of 2026-06-02)
- AAII Bull-Bear Spread: -0.7% (as of 2026-06-03)
- Squeeze Setup: none (1/4 triggers Β· CFTC specs Z -1.95Ο (extreme short))
Macro Fundamentals
- 10Y Yield: 4.54%
- Yield Curve (10Y-3M): 0.91 (Normal)
- DXY: 99.96
- Growth vs Value: 0.95
- Fed Funds Rate: 3.50-3.75% | Next FOMC: 2026-06-10
- Rate Probabilities: Hold 84.0% | Cut 11.0%
Inflation Expectations
- 5Y Breakeven: 2.44% (Near Target)
- 10Y Breakeven: 2.34%
- 5Y5Y Forward: 2.24%
- Stagflation Risk Score: 27/100
Fed & Global Liquidity
- Fed Balance Sheet (WALCL): $6711.5B
- Treasury General Account (TGA): $875.7B
- Reverse Repo (RRP): $0.4B
- US Net Liquidity (WALCL - TGA - RRP): $5,835B
- Liquidity Regime: Adequate
- ECB Balance Sheet: ~$7,087B
- BOJ Balance Sheet: ~$4,139B
- Global Net Liquidity: $17,062B
- BTC-USD (Liquidity Proxy): $62,605 (Neutral)
Active Alerts
- [WARNING] Pack size threshold breach (refresh #2): max=146330B avg=100454B
- [INFO] Full bullish alignment: DIX 0.467, GEX +2.5B, HY OAS 2.78%, breadth 52%.
- [WARNING] SPY near gamma wall β expect increased resistance/support and potential pinning at key strike.
- [WARNING] SKEW at 143 β elevated tail-risk hedging activity.
- [WARNING] 10Y real yield at 2.20% β restrictive monetary conditions weighing on growth assets.
- [WARNING] 3-2-1 crack spread at $46.40/bbl β refining margins extremely elevated, consumer fuel price pressure.
- [WARNING] Oil spike alert: USO at $134.3 β potential geopolitical disruption or supply shock.
- [WARNING] Regime shifted from TRANSITIONAL to RISK-ON.
- [WARNING] SPY (729.59) dropped below ZGL (736.82) β expect amplified downside moves.
- [INFO] SPY (732.08) reclaimed ZGL (713.36) β volatility dampening resumes.
Seasonality
- Current Month: June
- Average Return: +0.07%
- Median Return: +0.46%
- Hit Rate: 55%
- Signal: Historically Neutral
Today's Events
Economic Releases:
- Initial Jobless Claims: β³ Pending
- PPI(MoM)(May): β³ Pending
- Continuing Jobless Claims: β³ Pending
- Core PPI(MoM)(May): β³ Pending
Upcoming Calendar (30 Days)
Economic Releases:
- Producer Price Index (PPI): 2026-06-11
- Industrial Production: 2026-06-15
- Retail Sales: 2026-06-17
- Philadelphia Fed Mfg Index: 2026-06-23
- Gross Domestic Product (GDP): 2026-06-25
- Employment Situation (Payrolls): 2026-07-02
Earnings & EPS Estimates:
- JPM (2026-07-14): EPS Est. $5.39 (β0.1% vs 30d)
- GS (2026-07-14): EPS Est. $13.74 (β4.7% vs 30d)
- TSLA (2026-07-22): EPS Est. $0.45 (β0.4% vs 30d)
- GOOGL (2026-07-23): EPS Est. $2.87 (β0.2% vs 30d)
- MSFT (2026-07-29): EPS Est. $4.24 (β0.6% vs 30d)
- META (2026-07-29): EPS Est. $7.20 (β0.4% vs 30d)
- AAPL (2026-07-30): EPS Est. $1.90 (β0.0% vs 30d)
- AMZN (2026-07-30): EPS Est. $1.82 (β0.1% vs 30d)
- WMT (2026-08-20): EPS Est. $0.74 (β0.5% vs 30d)
- NVDA (2026-08-26): EPS Est. $2.08 (β6.5% vs 30d)
FX News Wire
No new articles found since last report.
Iran War News
No new Iran International updates since last report.
Hormuz Strait Status
Strait of Hormuz Dashboard:
- Strait Status: CLOSED (since 2026-02-28, 103 days ago)
- Ships Transiting: 2 of 60 normal daily β 3.3% of normal
- Throughput: 1.9% of normal (0.2M / 10.3M DWT)
- Stranded Vessels: 265
- Oil Prices: Brent $98.29 (+5.82%)
- War Risk Insurance: EXTREME β 26.7x normal
- Tanker Rates: WS120 (+140% vs pre-crisis)
- Global Impact: 21% of world oil supply at risk; est. $5.7 billion/day economic cost