Finance Analyst Report: 2026-06-16 08:31:14 ET
Signal Alignment
SPY Direction: SPY +1.6% (3d) | Alignment: 100% (5 aligned, 0 divergent) Status: MIXED β Mixed β no clear signal consensus
| Category | Signal Says | vs SPY | Key Driver |
|---|---|---|---|
| Dark Pool | βͺ NEUTRAL | β | DIX 0.451 moderate, 0DTE PCR 0.91 balanced |
| Gamma | π’ BULLISH | β ALIGNED | GEX +6.8B strong suppression |
| Credit | π’ BULLISH | β ALIGNED | HY OAS 2.71% benign, NFCI -0.506 loose |
| Breadth | π’ BULLISH | β ALIGNED | Breadth 63% β broad participation supports rally |
| Energy | π’ BULLISH | β ALIGNED | Energy FALLING β oil decline, mild equity tailwind |
| growth_expectations | βͺ NEUTRAL | β | Copper/Gold +14.0% growth optimism Β· real yield 2.17% restrictive |
| news_sentiment | βͺ NEUTRAL | β | AI news sentiment unavailable |
| Correlations | βͺ NEUTRAL | β | SPY/VIX -0.86 normal, SPY/DXY -0.71 stretched, SPY/TNX -0.79 stretched, SPY/Oil -0.32 elevated |
| Volatility | βͺ NEUTRAL | β | VIX 16.1 sub-20 in contango Β· SKEW 143 firm Β· VVIX/VIX 5.45 dealer stress |
| Inflation | βͺ NEUTRAL | β | Stagflation score 25 β moderate, watching |
| carry_risk | π’ BULLISH | β ALIGNED | USD/JPY 5d -0.0% stable, MOVE 69 calm |
| Liquidity | βͺ NEUTRAL | β | Liquidity Adequate, cut prob 11% β hawkish lean but no BS drain |
Divergence read: Risk-on regime with gamma, credit, and breadth leaning bullish, but structural signals haven't signed on yet β rally is concentrated, watch for broadening.
Market Status
Regime: RISK-ON | Score: 84/100 (Favorable) |
Leading indicators show DIX stable at 0.451; GEX positive at 6.8B (vol-suppressing). Lagging confirmation: VIX at 16.1 (low-fear environment); seasonal pattern historically neutral.
What Changed
- No signal changes detected.
Key Levels
- SPY: $754.39 | 50 SMA $724.78 | 200 SMA $686.84 | +0.0% from 50d | ZGL $739.21
- QQQ: $743.60 | 50 SMA $684.99 | 200 SMA $626.23 | +0.1% from 50d | ZGL $725.92
- IWM: $295.14 | 50 SMA $279.12 | 200 SMA $257.14 | +0.1% from 50d | ZGL $291.06
- VIX: 16.12 β sub-20 (low vol)
- 10Y Yield: 4.445%
Equity & Derivatives Board
| Ticker | Price | RSI(14) | IVR | ZGL | Ξ³-Sent | PCR |
|---|---|---|---|---|---|---|
| SPY | $754.39 | 52.59 | 71.6 | $739.21 | Neutral | 0.64 |
| QQQ | $743.60 | 54.82 | 100.0 | $725.92 | Neutral | 0.50 |
| IWM | $295.14 | 54.57 | 92.4 | $291.06 | Neutral | 1.02 |
Macro Board
| Ticker | Price | RSI(14) | IVR | ZGL | Ξ³-Sent | PCR |
|---|---|---|---|---|---|---|
| VIX | 16.12 | 48.13 | 86.0 | $10.52 | Bearish | 2.03 |
| TNX | 44.45 | 46.72 | 68.0 | - | - | - |
| GLD | $398.64 | 40.18 | 40.7 | $320.00 | Neutral | 0.94 |
| DXY | 99.68 | 61.51 | 12.2 | - | - | - |
| SLV | $63.86 | 35.66 | 27.7 | $46.50 | Neutral | 0.94 |
Dark Pool Activity
- DIX (Dark Index): 0.451
- DIX Signal: Moderate buying
- GEX (Gamma Exposure): 6.8B
Credit Conditions
- HY OAS Spread: 2.71% (Normal)
- BBB Spread: 0.93%
- 2s10s Spread: 0.40% (Flat-ish)
Market Breadth
- Stocks Above 50-Day SMA: 63.1%
- Stocks Above 200-Day SMA: 62.7%
- Breadth Signal: Strong Bullish
- Total Stocks Analyzed: 499
- Mag 7 Concentration: 31.0%
- Top 10 Concentration: 41.4%
Sector Breadth
| Sector | % > 50d SMA | Stocks |
|---|---|---|
| Financials | 77.6% | 0/0 |
| Real Estate | 75.0% | 0/0 |
| Industrials | 74.6% | 0/0 |
| Consumer Discretionary | 66.1% | 0/0 |
| Technology | 64.6% | 0/0 |
| Consumer Staples | 61.8% | 0/0 |
| Health Care | 59.3% | 0/0 |
| Materials | 54.2% | 0/0 |
| Utilities | 50.0% | 0/0 |
| Communication Services | 30.0% | 0/0 |
| Energy | 21.1% | 0/0 |
Energy & Commodities
- Energy Regime: FALLING
- WTI Crude: $76.61 (5d: -14.9%)
- Brent Crude: $80.10 | Spread: $3.49
- RBOB Gasoline: $2.8300/gal
- Heating Oil: $3.1200/gal
- 3-2-1 Crack Spread: $46.31/bbl (Very wide)
- XLE (Energy Sector): $57.55
- UNG (Nat Gas): $11.35
Correlations
| Pair | 20d Corr | Signal |
|---|---|---|
| SPY / VIX | -0.86 | normal |
| SPY / DXY | -0.711 | stretched |
| SPY / TNX | -0.788 | stretched |
| SPY / Oil | -0.317 | elevated |
Volatility & Options
- Volatility Regime: Contango (Normal)
- MOVE Index (Bond Vol): 69.36
- VIX/MOVE Ratio: 0.23 (Normal Relationship)
- 0DTE Call Volume: 0.0
- 0DTE Put Volume: 0.0
- 0DTE Put/Call Ratio: 0.91 (No 0DTE Flow Yet)
- 0DTE Notional Dollar Volume: $723.4B
- Gamma Call Wall: $760 | Put Wall: $730 (Spot: $754.39)
CTA Trend Stack
- SMA Stack Score: 4/4 above
- Position: Above all 4 SMAs (full-stack long)
Positioning & Sentiment
- CFTC E-mini Specs Net: -205,644 contracts (Z -1.50, as of 2026-06-09)
- AAII Bull-Bear Spread: -17.3% (as of 2026-06-10)
- Squeeze Setup: none (0/4 triggers Β· no triggers active)
Macro Fundamentals
- 10Y Yield: 4.45%
- Yield Curve (10Y-3M): 0.81 (Normal)
- DXY: 99.68
- Growth vs Value: 0.99
- Fed Funds Rate: 3.50-3.75% | Next FOMC: 2026-07-29
- Rate Probabilities: Hold 84.0% | Cut 11.0%
Inflation Expectations
- 5Y Breakeven: 2.40% (Near Target)
- 10Y Breakeven: 2.32%
- 5Y5Y Forward: 2.24%
- Stagflation Risk Score: 25/100
Fed & Global Liquidity
- Fed Balance Sheet (WALCL): $6725.4B
- Treasury General Account (TGA): $828.1B
- Reverse Repo (RRP): $0.6B
- US Net Liquidity (WALCL - TGA - RRP): $5,897B
- Liquidity Regime: Adequate
- ECB Balance Sheet: ~$7,115B
- BOJ Balance Sheet: ~$4,145B
- Global Net Liquidity: $17,156B
- BTC-USD (Liquidity Proxy): $66,514 (Neutral)
Active Alerts
- [INFO] Full bullish alignment: DIX 0.451, GEX +6.8B, HY OAS 2.71%, breadth 63%.
- [WARNING] SKEW at 143 β elevated tail-risk hedging activity.
- [WARNING] 10Y real yield at 2.17% β restrictive monetary conditions weighing on growth assets.
- [WARNING] 3-2-1 crack spread at $46.31/bbl β refining margins extremely elevated, consumer fuel price pressure.
- [WARNING] Oil spike alert: USO at $125.43 β potential geopolitical disruption or supply shock.
- [WARNING] CTA SMA stack now 4.0/4 β systematic trend trigger fired. Above all 4 SMAs (full-stack long).
- [WARNING] Pack size threshold breach: max=159186B > 102400B, avg=105081B >= 61440B. escalate to Option B (sibling table + zlib compression).
- [INFO] Screener: MSM β confluence of 3 archetypes (conviction n/a/100, regime range_noise, calibrated failed_breakout hit-rate 54% (n=141)).
- [INFO] Screener: ZION β confluence of 3 archetypes (conviction 48/100, regime range_noise, calibrated failed_breakout hit-rate 54% (n=141)).
- [INFO] Screener: IBOC β confluence of 3 archetypes (conviction 39/100, regime range_noise, calibrated failed_breakout hit-rate 54% (n=141)).
Seasonality
- Current Month: June
- Average Return: +0.26%
- Median Return: +0.46%
- Hit Rate: 55%
- Signal: Historically Neutral
Today's Events
Economic Releases:
- ADP Employment Change Weekly: 25.50 | Prev: 29.00
- API Weekly Crude Oil Stock: β³ Pending
- Atlanta Fed GDPNow(Q2): β³ Pending
- Building Permits(May): β³ Pending
- Export Price Index(MoM)(May): β³ Pending
- Housing Starts(May): β³ Pending
- Import Price Index(MoM)(May): β³ Pending
Upcoming Calendar (30 Days)
Economic Releases:
- 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
- Consumer Price Index (CPI): 2026-07-14
- Producer Price Index (PPI): 2026-07-15
- Retail Sales: 2026-07-16
Earnings & EPS Estimates:
- JPM (2026-07-14): EPS Est. $5.39 (β0.1% vs 30d)
- GS (2026-07-14): EPS Est. $13.78 (β0.4% vs 30d)
- TSLA (2026-07-22): EPS Est. $0.45 (β0.0% vs 30d)
- GOOGL (2026-07-23): EPS Est. $2.87 (β0.2% vs 30d)
- MSFT (2026-07-29): EPS Est. $4.24 (β0.0% 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
Hormuz Strait: no change since last report.
Strait of Hormuz Dashboard:
- Strait Status: CLOSED (since 2026-02-28, 108 days ago)
- Ships Transiting: 2 of 60 normal daily β 3.3% of normal
- Throughput: 2.0% of normal (0.2M / 10.3M DWT)
- Stranded Vessels: 0
- Oil Prices: Brent $97.46 (+0.17%)
- War Risk Insurance: EXTREME β 26.7x normal
- Tanker Rates: WS280 (+460% vs pre-crisis)
- Global Impact: 21% of world oil supply at risk; est. $8.5 billion/day economic cost