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2026-W33

Finance Analyst Report: 2026-08-10 00:01:16 ET

Signal Alignment

SPY Direction: SPY +0.5% (3d) | Alignment: 86% (6 aligned, 1 divergent) Status: STRONG ALIGNMENT β€” Strong alignment β€” structural signals confirm price direction

Category Signal Says vs SPY Key Driver
Dark Pool βšͺ NEUTRAL β€” DIX 0.455 moderate, 0DTE PCR 0.94 balanced
Gamma 🟒 BULLISH βœ“ ALIGNED GEX +9.1B strong suppression
Breadth 🟒 BULLISH βœ“ ALIGNED Breadth 67% β€” broad participation supports rally
Energy 🟒 BULLISH βœ“ ALIGNED Energy STABLE β€” no macro headwind from oil
growth_expectations πŸ”΄ BEARISH βœ— DIVERGENT Copper/Gold -2.6% slowing Β· real yield 2.41% restrictive
Correlations βšͺ NEUTRAL β€” SPY/VIX -0.65 elevated, SPY/DXY -0.23 normal, SPY/TNX -0.33 elevated, SPY/Oil -0.61 stretched
Volatility βšͺ NEUTRAL β€” VIX 14.9 sub-20 in contango Β· SKEW 133 normal Β· VVIX/VIX 6.07 dealer fear
Inflation 🟒 BULLISH βœ“ ALIGNED Stagflation score 17 β€” low inflation risk
carry_risk 🟒 BULLISH βœ“ ALIGNED USD/JPY 5d +0.1% stable, MOVE 72 calm
Liquidity βšͺ NEUTRAL β€” Liquidity Adequate, cut prob 11% β€” hawkish lean but no BS drain
Credit 🟒 BULLISH βœ“ ALIGNED HY OAS 2.71% benign, NFCI -0.529 loose

Divergence read: Structural signals broadly confirm the risk-on rally β€” gamma, breadth, and energy align with SPY's uptrend (86% of directional signals in agreement).

Market Status

Regime: RISK-ON | Score: 86/100 (Favorable) |

Leading indicators show DIX stable at 0.455; GEX positive at 9.1B (vol-suppressing). Lagging confirmation: VIX at 14.9 (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: $773.00 | 50 SMA $746.73 | 200 SMA $702.46 | +0.0% from 50d | ZGL $772.89
  • QQQ: $722.95 | 50 SMA $714.70 | 200 SMA $647.30 | +0.0% from 50d | ZGL $704.57
  • IWM: $301.78 | 50 SMA $293.65 | 200 SMA $266.91 | +0.0% from 50d | ZGL $294.56
  • VIX: 14.90 β€” sub-20 (low vol)
  • 10Y Yield: 4.660%

Equity & Derivatives Board

Ticker Price RSI(14) IVR ZGL Ξ³-Sent PCR
SPY $773.00 66.58 58.9 $772.89 Neutral 0.84
QQQ $722.95 57.31 67.4 $704.57 Bearish 0.19
IWM $301.78 55.58 29.8 $294.56 Bearish 0.33

Macro Board

Ticker Price RSI(14) IVR ZGL Ξ³-Sent PCR
VIX 14.90 37.16 63.6 $10.51 Neutral 1.21
TNX 46.60 61.06 41.0 - - -
GLD $399.10 67.76 31.7 $376.11 Bearish 0.24
DXY 99.60 29.53 37.1 - - -
SLV $57.67 68.15 13.9 $53.09 Bearish 0.08

Dark Pool Activity

  • DIX (Dark Index): 0.455
  • DIX Signal: Moderate buying
  • GEX (Gamma Exposure): 9.05B

Credit Conditions

  • HY OAS Spread: 2.71% (Normal)
  • BBB Spread: 0.97%
  • 2s10s Spread: 0.46% (Flat-ish)

Market Breadth

  • Stocks Above 50-Day SMA: 67.0%
  • Stocks Above 200-Day SMA: 73.2%
  • Breadth Signal: Strong Bullish
  • Total Stocks Analyzed: 497
  • Mag 7 Concentration: 32.0%
  • Top 10 Concentration: 42.1%

Sector Breadth

Sector % > 50d SMA Stocks
Financials 89.6% 0/0
Health Care 81.5% 0/0
Consumer Discretionary 74.6% 0/0
Communication Services 73.7% 0/0
Industrials 68.7% 0/0
Materials 66.7% 0/0
Consumer Staples 64.7% 0/0
Technology 58.5% 0/0
Energy 52.6% 0/0
Real Estate 46.4% 0/0
Utilities 16.7% 0/0

Energy & Commodities

  • Energy Regime: STABLE
  • WTI Crude: $77.08 (5d: -4.1%)
  • Brent Crude: $82.27 | Spread: $5.19
  • RBOB Gasoline: $2.7100/gal
  • Heating Oil: $3.8800/gal
  • 3-2-1 Crack Spread: $53.12/bbl (Very wide)
  • XLE (Energy Sector): $57.50
  • UNG (Nat Gas): $9.74

Correlations

Pair 20d Corr Signal
SPY / VIX -0.653 elevated
SPY / DXY -0.231 normal
SPY / TNX -0.326 elevated
SPY / Oil -0.612 stretched

Volatility & Options

  • Volatility Regime: Contango (Normal)
  • MOVE Index (Bond Vol): 72.03
  • VIX/MOVE Ratio: 0.21 (Normal Relationship)
  • 0DTE Call Volume: 4,178,079.0
  • 0DTE Put Volume: 3,938,808.0
  • 0DTE Put/Call Ratio: 0.94 (Balanced 0DTE Flow)
  • 0DTE Notional Dollar Volume: $627.6B
  • Gamma Call Wall: $775 | Put Wall: $765 (Spot: $773.00)

CTA Trend Stack

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

Positioning & Sentiment

  • CFTC E-mini Specs Net: -27,258 contracts (Z +1.81, as of 2026-08-04)
  • 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: 4.66%
  • Yield Curve (10Y-3M): 0.95 (Normal)
  • DXY: 99.60
  • Growth vs Value: 0.94
  • 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: 2.26%
  • 5Y5Y Forward: 2.29%
  • Stagflation Risk Score: 17/100

Fed & Global Liquidity

  • Fed Balance Sheet (WALCL): $6748.6B
  • Treasury General Account (TGA): $907.3B
  • Reverse Repo (RRP): $1.4B
  • US Net Liquidity (WALCL - TGA - RRP): $5,840B
  • Liquidity Regime: Adequate
  • ECB Balance Sheet: ~$6,867B
  • BOJ Balance Sheet: ~$4,071B
  • Global Net Liquidity: $16,793B
  • BTC-USD (Liquidity Proxy): $64,902 (Neutral)

Active Alerts

  • [WARNING] Data integrity: zero_dte_pcr is STALE (~0h old vs an expected max of ~0h) and it feeds the drawdown-risk lens and/or the health score β€” those surfaces are running on stale input.
  • [WARNING] Data integrity: nfci is STALE (~244h old vs an expected max of ~193h) and it feeds the drawdown-risk lens and/or the health score β€” those surfaces are running on stale input.
  • [WARNING] Data integrity: hy_oas is STALE (~100h old vs an expected max of ~49h) and it feeds the drawdown-risk lens and/or the health score β€” those surfaces are running on stale input.
  • [WARNING] Data integrity: gex is STALE (~76h old vs an expected max of ~28h) and it feeds the drawdown-risk lens and/or the health score β€” those surfaces are running on stale input.
  • [WARNING] Data integrity: dix is STALE (~76h old vs an expected max of ~28h) and it feeds the drawdown-risk lens and/or the health score β€” those surfaces are running on stale input.
  • [WARNING] Data integrity: effr has printed the same value (3.63) for 19 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: acm_term_premium_10y has printed the same value (0.87) for 5 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 82 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 28 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_put_wall has printed the same value (740.0) for 26 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: +0.40%
  • Median Return: +1.41%
  • Hit Rate: 65%
  • Signal: Historically Neutral

Today's Events

Economic Releases:

  • Employment Situation (Payrolls): ⏳ Pending

Upcoming Calendar (30 Days)

Economic Releases:

  • Consumer Price Index (CPI): 2026-08-12
  • Producer Price Index (PPI): 2026-08-13
  • Retail Sales: 2026-08-14
  • Industrial Production: 2026-08-18
  • Philadelphia Fed Mfg Index: 2026-08-25
  • Gross Domestic Product (GDP): 2026-08-26

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. $5.91 (↑8.1% 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 (↓0.3% vs 30d)
  • META (2026-10-28): EPS Est. $6.75 (↓4.3% vs 30d)
  • AAPL (2026-10-29): EPS Est. $1.98 (↓1.6% vs 30d)
  • AMZN (2026-10-29): EPS Est. $1.95 (↑1.9% vs 30d)

FX News Wire

Unread articles (13):

[1] Gold Price Forecast: XAU/USD appears 'buy-the-dip' trade before the US inflation test URL: https://www.fxstreet.com/analysis/gold-price-forecast-xau-usd-appears-buy-the-dip-trade-before-the-us-inflation-test-202608100350 Published: Mon, 10 Aug 2026 03:50:21 GMT

[2] New Zealand Dollar drifts lower as USD recovers from post-NFP lows amid Mideast jitters URL: https://www.fxstreet.com/news/new-zealand-dollar-drifts-lower-as-usd-recovers-from-post-nfp-lows-amid-mideast-jitters-202608100348 Published: Mon, 10 Aug 2026 03:48:17 GMT

[3] United States Dollar Index advances above 99.50 due to Middle East risks URL: https://www.fxstreet.com/news/united-states-dollar-index-advances-above-9950-due-to-middle-east-risks-202608100347 Published: Mon, 10 Aug 2026 03:47:38 GMT

[4] Crypto Market Overview: Bitcoin steadies as BoJ flags possible rate hikes URL: https://www.fxstreet.com/cryptocurrencies/news/crypto-market-overview-bitcoin-steadies-as-boj-flags-possible-rate-hikes-202608100317 Published: Mon, 10 Aug 2026 03:17:06 GMT

[5] Silver Price Forecast: XAG/USD starts US CPI week on flat note around $63.50 URL: https://www.fxstreet.com/news/silver-price-forecast-xag-usd-starts-us-cpi-week-on-flat-note-around-6350-202608100316 Published: Mon, 10 Aug 2026 03:16:08 GMT

[6] Australian Dollar weakens as safe-haven demand lifts US Dollar URL: https://www.fxstreet.com/news/australian-dollar-weakens-as-safe-haven-demand-lifts-us-dollar-202608100315 Published: Mon, 10 Aug 2026 03:15:00 GMT

[7] Canadian Dollar pulls back from two-month top as rebounding USD counters higher oil prices URL: https://www.fxstreet.com/news/canadian-dollar-pulls-back-from-two-month-top-as-rebounding-usd-counters-higher-oil-prices-202608100314 Published: Mon, 10 Aug 2026 03:14:31 GMT

[8] Indonesia Consumer Confidence fell from previous 117.8 to 116.8 in July URL: https://www.fxstreet.com/news/indonesia-consumer-confidence-fell-from-previous-1178-to-1168-in-july-202608100303 Published: Mon, 10 Aug 2026 03:03:49 GMT

[9] Japan Current Account n.s.a. below expectations (Β₯1512B) in June: Actual (Β₯-92.3B) URL: https://www.fxstreet.com/news/japan-current-account-nsa-below-expectations-y1512b-in-june-actual-y-923b-202608100231 Published: Mon, 10 Aug 2026 02:31:34 GMT

[10] Top 3 Price Prediction: Bitcoin, Ethereum, Ripple - BTC bulls strengthen, ETH eyes breakout, XRP rebounds URL: https://www.fxstreet.com/cryptocurrencies/news/top-3-price-prediction-bitcoin-ethereum-ripple-btc-bulls-strengthen-eth-eyes-breakout-xrp-rebounds-202608100230 Published: Mon, 10 Aug 2026 02:30:55 GMT

[11] Gold retreats from June 17 highest amid USD uptick; holds above $4,300 pivotal support URL: https://www.fxstreet.com/news/gold-retreats-from-june-17-highest-amid-usd-uptick-holds-above-4-300-pivotal-support-202608100229 Published: Mon, 10 Aug 2026 02:29:47 GMT

[12] Japan Current Account n.s.a. below expectations (Β₯1512B) in June: Actual (Β₯923B) URL: https://www.fxstreet.com/news/japan-current-account-nsa-below-expectations-y1512b-in-june-actual-y923b-202608100222 Published: Mon, 10 Aug 2026 02:22:28 GMT

[13] Japanese Yen comes under pressure as BoJ division, unexpected current account deficit URL: https://www.fxstreet.com/news/japanese-yen-comes-under-pressure-as-boj-division-narrowing-surplus-202608100202 Published: Mon, 10 Aug 2026 02:02:06 GMT

Iran War News

Updates (3):

[1] Iran government backs away from gasoline price hike, senior MP says Time: 2026-08-10T03:46:00.000Z

[2] Seven killed, 30 wounded in Houthi attack on Yemen port Time: 2026-08-10T02:57:00.000Z

[3] Iran says 2 million Afghans left in 18 months, deportation continues Time: 2026-08-10T02:30:00.000Z

Hormuz Strait Status

Strait of Hormuz Dashboard:

  • Strait Status: CLOSED (since 2026-02-28, 163 days ago)
  • Ships Transiting: 2 of 60 normal daily β€” 3.3% of normal
  • Throughput: 3.0% of normal (0.3M / 10.3M DWT)
  • Stranded Vessels: 250
  • Oil Prices: Brent $88.90 (-8.30%)
  • War Risk Insurance: EXTREME β€” 53.3x normal
  • Tanker Rates: WS280 (+460% vs pre-crisis)
  • Global Impact: 21% of world oil supply at risk; est. $4.2 billion/day economic cost