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2026-W32

Finance Analyst Report: 2026-08-05 00:01:01 ET

Signal Alignment

SPY Direction: SPY +1.9% (3d) | Alignment: 100% (7 aligned, 0 divergent) Status: STRONG ALIGNMENT β€” Strong alignment β€” structural signals confirm price direction

Category Signal Says vs SPY Key Driver
Dark Pool 🟒 BULLISH βœ“ ALIGNED DIX 0.452 moderate, 0DTE PCR 0.53 call-heavy
Gamma 🟒 BULLISH βœ“ ALIGNED GEX +8.5B strong suppression
Breadth 🟒 BULLISH βœ“ ALIGNED Breadth 70% β€” broad participation supports rally
Energy 🟒 BULLISH βœ“ ALIGNED Energy FALLING β€” oil decline, mild equity tailwind
growth_expectations βšͺ NEUTRAL β€” Copper/Gold +9.6% growth optimism Β· real yield 2.43% restrictive
Correlations 🟒 BULLISH βœ“ ALIGNED SPY/VIX -0.72 normal, SPY/DXY -0.26 normal, SPY/TNX -0.35 elevated, SPY/Oil -0.64 stretched
Volatility βšͺ NEUTRAL β€” VIX 16.5 sub-20 in contango Β· VVIX/VIX 5.61 dealer stress
Inflation 🟒 BULLISH βœ“ ALIGNED Stagflation score 18 β€” low inflation risk
carry_risk βšͺ NEUTRAL β€” USD/JPY 5d -3.7% yen strengthening, MOVE 78 calm
Liquidity βšͺ NEUTRAL β€” Liquidity Adequate, cut prob 11% β€” hawkish lean but no BS drain
Credit 🟒 BULLISH βœ“ ALIGNED HY OAS 2.78% benign, NFCI -0.554 loose

Divergence read: Structural signals broadly confirm the risk-on rally β€” dark pool, gamma, and breadth align with SPY's uptrend (100% of directional signals in agreement).

Market Status

Regime: RISK-ON | Score: 84/100 (Favorable) |

Leading indicators show DIX stable at 0.452; GEX positive at 8.5B (vol-suppressing). Lagging confirmation: VIX at 16.5 (low-fear environment); seasonal pattern historically neutral.

Screener Action Board

  • Screener Action Board not available this cycle.

Track Record

  • AI brief hit rate not available this cycle.
  • Screener board record not available this cycle.

What Changed

  • No signal changes detected.

Key Levels

  • SPY: $772.15 | 50 SMA $745.32 | 200 SMA $700.86 | +0.0% from 50d | ZGL $747.89
  • QQQ: $721.78 | 50 SMA $714.83 | 200 SMA $645.55 | +0.0% from 50d | ZGL $715.99
  • IWM: $302.19 | 50 SMA $292.82 | 200 SMA $266.10 | +0.0% from 50d | ZGL $294.07
  • VIX: 16.50 β€” sub-20 (low vol)
  • 10Y Yield: 4.627%

Equity & Derivatives Board

Ticker Price RSI(14) IVR ZGL Ξ³-Sent PCR
SPY $772.15 53.93 53.0 $747.89 Bearish 13.56
QQQ $721.78 42.06 61.4 $715.99 Bearish 16.25
IWM $302.19 52.69 24.0 $294.07 Bearish 0.36

Macro Board

Ticker Price RSI(14) IVR ZGL Ξ³-Sent PCR
VIX 16.50 48.00 63.2 $10.50 Neutral 0.99
TNX 46.27 β–² 59.13 34.5 - - -
GLD $374.24 49.58 24.5 $368.75 Neutral 0.53
DXY 99.89 39.95 34.0 - - -
SLV $53.85 47.33 13.8 $41.17 Bearish 0.36

Dark Pool Activity

  • DIX (Dark Index): 0.452
  • DIX Signal: Moderate buying
  • GEX (Gamma Exposure): 8.53B

Credit Conditions

  • HY OAS Spread: 2.78% (Normal)
  • BBB Spread: 0.97%
  • 2s10s Spread: 0.43% (Flat-ish)

Market Breadth

  • Stocks Above 50-Day SMA: 69.5%
  • Stocks Above 200-Day SMA: 71.8%
  • Breadth Signal: Strong Bullish
  • Total Stocks Analyzed: 498
  • Mag 7 Concentration: 31.8%
  • Top 10 Concentration: 42.2%

Sector Breadth

Sector % > 50d SMA Stocks
Financials 94.0% 0/0
Health Care 81.5% 0/0
Communication Services 75.0% 0/0
Energy 73.7% 0/0
Materials 70.8% 0/0
Consumer Staples 70.6% 0/0
Industrials 67.2% 0/0
Consumer Discretionary 62.7% 0/0
Technology 61.5% 0/0
Real Estate 57.1% 0/0
Utilities 26.7% 0/0

Energy & Commodities

  • Energy Regime: FALLING
  • WTI Crude: $75.14 (5d: -11.0%)
  • Brent Crude: $78.69 | Spread: $3.55
  • RBOB Gasoline: $2.8400/gal
  • Heating Oil: $3.7300/gal
  • 3-2-1 Crack Spread: $56.60/bbl (Very wide)
  • XLE (Energy Sector): $58.52
  • UNG (Nat Gas): $9.77

Correlations

Pair 20d Corr Signal
SPY / VIX -0.717 normal
SPY / DXY -0.263 normal
SPY / TNX -0.349 elevated
SPY / Oil -0.643 stretched

Volatility & Options

  • Volatility Regime: Contango (Normal)
  • MOVE Index (Bond Vol): 77.56
  • VIX/MOVE Ratio: 0.21 (Normal Relationship)
  • 0DTE Call Volume: 6,979,482.0
  • 0DTE Put Volume: 3,714,615.0
  • 0DTE Put/Call Ratio: 0.53 (Heavy 0DTE Call Buying (Bullish))
  • 0DTE Notional Dollar Volume: $824.9B
  • Gamma Call Wall: $773 | Put Wall: $750 (Spot: $772.15)

CTA Trend Stack

  • SMA Stack Score: 4/4 above
  • Position: Above all 4 SMAs (full-stack long)

Positioning & Sentiment

  • CFTC E-mini Specs Net: -17,196 contracts (Z +2.09, as of 2026-07-28)
  • AAII Bull-Bear Spread: -11.1% (as of 2026-07-29)
  • Squeeze Setup: none (0/4 triggers Β· no triggers active)
  • Fragility Flags: Air Pocket none Β· Re-entry none

Macro Fundamentals

  • 10Y Yield: 4.63%
  • Yield Curve (10Y-3M): 0.90 (Normal)
  • DXY: 99.89
  • Growth vs Value: 0.93
  • Fed Funds Rate: 3.50-3.75% | Next FOMC: 2026-09-16
  • Rate Probabilities: Hold 84.0% | Cut 11.0%

Inflation Expectations

  • 5Y Breakeven: 2.23% (Near Target)
  • 10Y Breakeven: 2.27%
  • 5Y5Y Forward: 2.31%
  • Stagflation Risk Score: 18/100

Fed & Global Liquidity

  • Fed Balance Sheet (WALCL): $6738.2B
  • Treasury General Account (TGA): $910.8B
  • Reverse Repo (RRP): $2.3B
  • US Net Liquidity (WALCL - TGA - RRP): $5,825B
  • Liquidity Regime: Adequate
  • ECB Balance Sheet: ~$6,854B
  • BOJ Balance Sheet: ~$4,086B
  • Global Net Liquidity: $16,735B
  • BTC-USD (Liquidity Proxy): $64,128 (Neutral)

Active Alerts

  • [WARNING] Data integrity: hormuz_oil_brent_price has printed the same value (91.82) for 5 consecutive trading days β€” publish cadence is intraday (~1 trading day(s); freeze bar 5). The feed may be frozen: downstream lenses, grading, and analogues are consuming a stale copy.
  • [WARNING] Pack size threshold breach (refresh #3): max=159186B avg=117887B
  • [WARNING] SPY near gamma wall β€” expect increased resistance/support and potential pinning at key strike.
  • [WARNING] USD/JPY 5d RoC at -3.7% β€” yen strengthening, carry unwind pressure building.
  • [INFO] Full bullish alignment: DIX 0.452, GEX +8.5B, HY OAS 2.78%, breadth 70%.
  • [WARNING] Key correlation regime break detected β€” normal market relationships are shifting, increased unpredictability.
  • [WARNING] CTA SMA stack now 4.0/4 β€” systematic trend trigger fired. Above all 4 SMAs (full-stack long).
  • [WARNING] Data integrity: effr has printed the same value (3.63) for 15 consecutive trading days β€” publish cadence is daily (~1 trading day(s); freeze bar 5). The feed may be frozen: downstream lenses, grading, and analogues are consuming a stale copy.
  • [WARNING] Data integrity: vix_backwardation_depth_pct has printed the same value (0.0) for 78 consecutive trading days β€” publish cadence is intraday (~1 trading day(s); freeze bar 5). The feed may be frozen: downstream lenses, grading, and analogues are consuming a stale copy.
  • [WARNING] Data integrity: fa_live_max_pain has printed the same value (735.0) for 24 consecutive trading days β€” publish cadence is intraday (~1 trading day(s); freeze bar 5). The feed may be frozen: downstream lenses, grading, and analogues are consuming a stale copy.

Seasonality

  • Current Month: August
  • Average Return: +0.39%
  • Median Return: +1.41%
  • Hit Rate: 65%
  • Signal: Historically Neutral

Today's Events

Economic Releases:

  • Gross Domestic Product (GDP): 32475.21 | Prev: 31865.721

Upcoming Calendar (30 Days)

Economic Releases:

  • Consumer Price Index (CPI): 2026-08-12
  • Retail Sales: 2026-08-14

Earnings & EPS Estimates:

  • WMT (2026-08-20): EPS Est. $0.74 (↓0.1% vs 30d)
  • NVDA (2026-08-26): EPS Est. $2.08 (↑0.2% vs 30d)
  • JPM (2026-10-13): EPS Est. $5.90 (↑8.0% vs 30d)
  • GS (2026-10-13): EPS Est. $16.43 (↑16.6% vs 30d)
  • TSLA (2026-10-21): EPS Est. $0.46 (↓15.5% vs 30d)
  • MSFT (2026-10-28): EPS Est. $4.71 (↑2.0% vs 30d)
  • GOOGL (2026-10-28): EPS Est. $3.00 (↓0.2% vs 30d)
  • META (2026-10-28): EPS Est. $6.76 (↓4.2% vs 30d)
  • AAPL (2026-10-29): EPS Est. $1.98 (↓1.6% vs 30d)
  • AMZN (2026-10-29): EPS Est. $1.95 (↑2.0% vs 30d)

FX News Wire

Unread articles (13):

[1] Gold rallies to two-week high as USD softens on Iran deal hopes, receding Fed hike bets URL: https://www.fxstreet.com/news/gold-rallies-to-two-week-high-as-usd-softens-on-iran-deal-hopes-receding-fed-hike-bets-202608050354 Published: Wed, 05 Aug 2026 03:54:58 GMT

[2] Top 3 Price Predictions: Bitcoin, Ethereum, Ripple - BTC eyes breakout, ETH consolidates, XRP finds stability URL: https://www.fxstreet.com/cryptocurrencies/news/top-3-price-predictions-bitcoin-ethereum-ripple-btc-eyes-breakout-eth-consolidates-xrp-finds-stability-202608050343 Published: Wed, 05 Aug 2026 03:43:54 GMT

[3] Silver Price Forecast: XAG/USD revisits monthly high near $61 as oil price plunges further URL: https://www.fxstreet.com/news/silver-price-forecast-xag-usd-revisits-monthly-high-near-61-as-oil-price-plunges-further-202608050336 Published: Wed, 05 Aug 2026 03:36:54 GMT

[4] Gold Price Forecast: XAU/USD eyes acceptance above $4,150 amid Hormuz deal hopes URL: https://www.fxstreet.com/analysis/gold-price-forecast-xau-usd-eyes-acceptance-above-4-150-amid-hormuz-deal-hopes-202608050336 Published: Wed, 05 Aug 2026 03:36:43 GMT

[5] Crypto Overview: Bitcoin steadies above $64,000 - PUMP, ZEC sustain gains URL: https://www.fxstreet.com/cryptocurrencies/news/crypto-overview-bitcoin-steadies-above-64-000-pump-zec-sustain-gains-202608050319 Published: Wed, 05 Aug 2026 03:19:25 GMT

[6] WTI slips below $74.00 as Hormuz talks progress, US stocks rise URL: https://www.fxstreet.com/news/wti-slips-below-7400-as-hormuz-talks-progress-us-stocks-rise-202608050313 Published: Wed, 05 Aug 2026 03:13:51 GMT

[7] Aave founder revolts against proposal to cap Ethereum staking incentives at 50% of supply URL: https://www.fxstreet.com/cryptocurrencies/news/aave-founder-revolts-against-proposal-to-cap-ethereum-staking-incentives-at-50-of-supply-202608050251 Published: Wed, 05 Aug 2026 02:51:28 GMT

[8] US nears Hormuz deal, aiming for Wednesday announcement - Axios URL: https://www.fxstreet.com/news/us-nears-hormuz-deal-aiming-for-wednesday-announcement-axios-202608050242 Published: Wed, 05 Aug 2026 02:42:35 GMT

[9] Japan's Kihara: Specific monetary policy means are up to the BoJ to decide URL: https://www.fxstreet.com/news/japans-kihara-specific-monetary-policy-means-are-up-to-the-boj-to-decide-202608050238 Published: Wed, 05 Aug 2026 02:38:38 GMT

[10] United States Dollar Index declines amid easing safe-haven demand URL: https://www.fxstreet.com/news/united-states-dollar-index-declines-amid-easing-safe-haven-demand-202608050231 Published: Wed, 05 Aug 2026 02:31:56 GMT

[11] British Pound weakens as US Dollar gains despite easing safe-haven demand URL: https://www.fxstreet.com/news/british-pound-weakens-as-us-dollar-gains-despite-easing-safe-haven-demand-202608050228 Published: Wed, 05 Aug 2026 02:28:38 GMT

[12] Euro edges lower below 1.1550 on Hormuz uncertainty URL: https://www.fxstreet.com/news/euro-edges-lower-below-11550-as-hormuz-uncertainty-202608050216 Published: Wed, 05 Aug 2026 02:16:35 GMT

[13] Australian Dollar consolidates near 0.7050, highest since June 17 amid reviving USD demand URL: https://www.fxstreet.com/news/australian-dollar-consolidates-near-07050-highest-since-june-17-amid-reviving-usd-demand-202608050206 Published: Wed, 05 Aug 2026 02:06:36 GMT

Iran War News

Updates (3):

[1] Strait of Hormuz will reopen soon or Iran will face strikes, Trump says Time: 2026-08-05T03:16:05.753Z

[2] US, Iran near interim Hormuz deal - Axios Time: 2026-08-05T02:35:56.901Z

[3] Iran seeking to avoid appearance of US deal on Hormuz, Think tank says Time: 2026-08-05T02:17:24.446Z

Hormuz Strait Status

Strait of Hormuz Dashboard:

  • Strait Status: CLOSED (since 2026-02-28, 158 days ago)
  • Ships Transiting: 8 of 60 normal daily β€” 13.3% of normal
  • Throughput: 13.1% of normal (1.4M / 10.3M DWT)
  • Stranded Vessels: 299
  • Oil Prices: Brent $91.82 (-8.46%)
  • War Risk Insurance: EXTREME β€” 56.7x normal
  • Tanker Rates: WS215 (+330% vs pre-crisis)
  • Global Impact: 21% of world oil supply at risk; est. $2.8 billion/day economic cost