Finance Analyst Report: 2026-08-13 04:00:57 ET
Signal Alignment
SPY Direction: SPY -0.1% (3d) | Alignment: 14% (1 aligned, 6 divergent) Status: STRONG DIVERGENCE β Strong divergence β structural signals broadly disagree with price
| Category | Signal Says | vs SPY | Key Driver |
|---|---|---|---|
| Dark Pool | βͺ NEUTRAL | β | DIX 0.444 moderate, 0DTE PCR 1.07 balanced |
| Gamma | π’ BULLISH | β DIVERGENT | GEX +10.6B strong suppression |
| Breadth | π’ BULLISH | β DIVERGENT | Breadth 65% β broad participation supports rally |
| Energy | π’ BULLISH | β DIVERGENT | Energy STABLE β no macro headwind from oil |
| growth_expectations | π΄ BEARISH | β ALIGNED | Copper/Gold -5.4% growth collapse Β· real yield 2.43% restrictive |
| Correlations | βͺ NEUTRAL | β | SPY/VIX -0.62 elevated, SPY/DXY -0.17 normal, SPY/TNX -0.29 elevated, SPY/Oil -0.65 stretched |
| Volatility | βͺ NEUTRAL | β | VIX 14.6 sub-20 in contango Β· SKEW 137 normal Β· VVIX/VIX 6.08 dealer fear |
| Inflation | π’ BULLISH | β DIVERGENT | Stagflation score 18 β low inflation risk |
| carry_risk | π’ BULLISH | β DIVERGENT | USD/JPY 5d +1.2% yen weakening, MOVE 72 calm |
| Liquidity | βͺ NEUTRAL | β | Liquidity Adequate |
| Credit | π’ BULLISH | β DIVERGENT | HY OAS 2.72% moderate, NFCI -0.549 loose |
Divergence read: Strong divergence β gamma, breadth, and energy flash bullish as SPY falls. 6 of 7 signals refuse to confirm the decline β reversal risk if structure holds.
Market Status
Regime: TRANSITIONAL | Score: 83/100 (Favorable, with caution) | Score reads 83 (Favorable) but regime is TRANSITIONAL β DIX below threshold (0.444) keeps full risk-on classification at bay. Signal-price divergence detected: 6 signals disagree with SPY's 5d trend.
Leading indicators show DIX rising to 0.444 (institutional accumulation increasing); GEX positive at 10.6B (vol-suppressing); credit spreads widening (stress building). Lagging confirmation: VIX at 14.6 (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: $772.50 | 50 SMA $747.84 | 200 SMA $703.99 | +0.0% from 50d | ZGL $758.85
- QQQ: $722.84 | 50 SMA $713.88 | 200 SMA $648.96 | +0.0% from 50d | ZGL $708.71
- IWM: $302.89 | 50 SMA $294.24 | 200 SMA $267.73 | +0.0% from 50d | ZGL $301.04
- VIX: 14.55 β sub-20 (low vol)
- 10Y Yield: 4.682%
Equity & Derivatives Board
| Ticker | Price | RSI(14) | IVR | ZGL | Ξ³-Sent | PCR |
|---|---|---|---|---|---|---|
| SPY | $772.50 | 65.36 | 55.9 | $758.85 | Bearish | 0.48 |
| QQQ | $722.84 | 55.12 | 63.0 | $708.71 | Bearish | 0.41 |
| IWM | $302.89 | 60.32 | 26.8 | $301.04 | Bearish | 0.27 |
Macro Board
| Ticker | Price | RSI(14) | IVR | ZGL | Ξ³-Sent | PCR |
|---|---|---|---|---|---|---|
| VIX | 14.55 | 44.75 | 53.7 | $11.27 | Neutral | 1.38 |
| TNX | 46.82 | 52.54 | 38.3 | - | - | - |
| GLD | $404.42 | 67.62 | 29.1 | $381.12 | Bearish | 0.13 |
| DXY | 99.98 | 35.09 | 40.3 | - | - | - |
| SLV | $59.03 | 65.18 | 13.8 | $53.67 | Bearish | 0.26 |
Dark Pool Activity
- DIX (Dark Index): 0.444
- DIX Signal: Neutral
- GEX (Gamma Exposure): 10.63B
Credit Conditions
- HY OAS Spread: 2.72% (Normal)
- BBB Spread: 0.98%
- 2s10s Spread: 0.48% (Flat-ish)
Market Breadth
- Stocks Above 50-Day SMA: 65.2%
- Stocks Above 200-Day SMA: 69.6%
- Breadth Signal: Strong Bullish
- Total Stocks Analyzed: 376
- Mag 7 Concentration: 31.5%
- Top 10 Concentration: 41.3%
Sector Breadth
| Sector | % > 50d SMA | Stocks |
|---|---|---|
| Energy | 94.1% | 16/17 |
| Health Care | 85.0% | 34/40 |
| Financials | 82.6% | 38/46 |
| Industrials | 69.4% | 34/49 |
| Materials | 68.4% | 13/19 |
| Consumer Discretionary | 62.2% | 28/45 |
| Consumer Staples | 62.1% | 18/29 |
| Communication Services | 61.5% | 8/13 |
| Technology | 56.1% | 32/57 |
| Real Estate | 25.0% | 4/16 |
| Utilities | 13.6% | 3/22 |
Energy & Commodities
- Energy Regime: STABLE
- WTI Crude: $82.58 (5d: +6.8%)
- Brent Crude: $88.37 | Spread: $5.79
- RBOB Gasoline: $2.8800/gal
- Heating Oil: $4.1600/gal
- 3-2-1 Crack Spread: $56.30/bbl (Very wide)
- XLE (Energy Sector): $61.03
- UNG (Nat Gas): $10.20
Correlations
| Pair | 20d Corr | Signal |
|---|---|---|
| SPY / VIX | -0.623 | elevated |
| SPY / DXY | -0.174 | normal |
| SPY / TNX | -0.286 | elevated |
| SPY / Oil | -0.645 | stretched |
Volatility & Options
- Volatility Regime: Contango (Normal)
- MOVE Index (Bond Vol): 72.09
- VIX/MOVE Ratio: 0.20 (Normal Relationship)
- 0DTE Call Volume: 2,811,741.0
- 0DTE Put Volume: 3,001,505.0
- 0DTE Put/Call Ratio: 1.07 (Balanced 0DTE Flow)
- 0DTE Notional Dollar Volume: $449.1B
- Gamma Call Wall: $775 | Put Wall: $770 (Spot: $772.50)
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)
Macro Fundamentals
- 10Y Yield: 4.68%
- Yield Curve (10Y-3M): 0.98 (Normal)
- DXY: 99.98
- Growth vs Value: 0.94
- Fed Funds Rate: N/A | Next FOMC: N/A
- Rate Probabilities: Hold N/A | Cut N/A
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): $6748.6B
- Treasury General Account (TGA): $907.3B
- Reverse Repo (RRP): $0.7B
- US Net Liquidity (WALCL - TGA - RRP): $5,841B
- Liquidity Regime: Adequate
- ECB Balance Sheet: ~$6,836B
- BOJ Balance Sheet: ~$4,044B
- Global Net Liquidity: $16,721B
- BTC-USD (Liquidity Proxy): $63,815 β² (Neutral)
Active Alerts
- [WARNING] Data integrity: volatility_regime is STALE (~3h 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] Copper/Gold 20d RoC at -5.4% β growth expectations deteriorating rapidly.
- [WARNING] SPY near gamma wall β expect increased resistance/support and potential pinning at key strike.
- [WARNING] VVIX/VIX ratio at 6.1 β vol-of-vol outpacing VIX, uncertainty about uncertainty rising.
- [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).
- [INFO] Screener: PCTY β promotion-ready (6d on list, HIGH conviction 66/100, regime post_earnings_digestion, calibrated pead_drift hit-rate 56% (n=276)).
- [INFO] Screener: VTRS β promotion-ready (3d on list, HIGH conviction 72/100, regime post_earnings_digestion, calibrated pead_drift hit-rate 56% (n=276)).
- [INFO] Screener: RVTY β promotion-ready (6d on list, HIGH conviction 70/100, regime post_earnings_digestion, calibrated pead_drift hit-rate 56% (n=276)).
- [INFO] Screener: PLTR β promotion-ready (8d on list, HIGH conviction 68/100, regime post_earnings_digestion, calibrated pead_drift hit-rate 56% (n=276)).
Seasonality
- Current Month: August
- Average Return: +0.39%
- Median Return: +1.41%
- Hit Rate: 65%
- Signal: Historically Neutral
Today's Events
Economic Releases:
- Consumer Price Index (CPI): β³ Pending
Upcoming Calendar (30 Days)
Economic Releases:
- Gross Domestic Product (GDP): 2026-08-26
- Consumer Price Index (CPI): 2026-09-11
Earnings & EPS Estimates:
- WMT (2026-08-20): EPS Est. $0.74 (β0.2% vs 30d)
- NVDA (2026-08-26): EPS Est. $2.08 (β0.1% vs 30d)
- JPM (2026-10-13): EPS Est. $5.91 (β8.1% vs 30d)
- GS (2026-10-13): EPS Est. $16.43 (β16.6% vs 30d)
- TSLA (2026-10-21): EPS Est. $0.46 (β15.5% vs 30d)
- MSFT (2026-10-28): EPS Est. $4.71 (β1.9% vs 30d)
- GOOGL (2026-10-28): EPS Est. $3.00 (β0.1% vs 30d)
- META (2026-10-28): EPS Est. $6.75 (β4.3% vs 30d)
- AAPL (2026-10-29): EPS Est. $1.98 (β1.6% vs 30d)
- AMZN (2026-10-29): EPS Est. $1.95 (β2.2% vs 30d)
FX News Wire
Unread articles (29):
[1] Swiss Franc: Soft profile sustained on SNB stance - OCBC URL: https://www.fxstreet.com/news/swiss-franc-soft-profile-sustained-on-snb-stance-ocbc-202608130800 Published: Thu, 13 Aug 2026 08:00:20 GMT
[2] From Chinese AI to global ETFs: STARTRADER launches 45 new 24/7 stock and ETF CFDs URL: https://www.fxstreet.com/press-releases/from-chinese-ai-to-global-etfs-startrader-launches-45-new-24-7-stock-and-etf-cfds-202608130800 Published: Thu, 13 Aug 2026 08:00:13 GMT
[3] Norway Norges Bank Interest Rate Decision meets forecasts (4.25%) URL: https://www.fxstreet.com/news/norway-norges-bank-interest-rate-decision-meets-forecasts-425-202608130800 Published: Thu, 13 Aug 2026 08:00:02 GMT
[4] Bitcoin slips near $63,500 as traders look past CPI to Fed's next tests URL: https://www.fxstreet.com/cryptocurrencies/news/bitcoin-slips-near-63-500-as-traders-look-past-cpi-to-feds-next-tests-202608130757 Published: Thu, 13 Aug 2026 07:57:30 GMT
[5] Norwegian Krone: Dovish risks but bullish view against Euro - ING URL: https://www.fxstreet.com/news/norwegian-krone-dovish-risks-but-bullish-view-against-euro-ing-202608130752 Published: Thu, 13 Aug 2026 07:52:03 GMT
[6] Japanese Yen holds ground due to potential intervention from Japanese authorities URL: https://www.fxstreet.com/news/japanese-yen-holds-ground-due-to-potential-intervention-from-japanese-authorities-202608130746 Published: Thu, 13 Aug 2026 07:46:31 GMT
[7] Russian Ruble: Trade boost from Oil seen fading - Commerzbank URL: https://www.fxstreet.com/news/russian-ruble-trade-boost-from-oil-seen-fading-commerzbank-202608130746 Published: Thu, 13 Aug 2026 07:46:17 GMT
[8] US Dollar Index Price Forecast: DXY bulls await trading range breakout above 100.00 URL: https://www.fxstreet.com/news/us-dollar-index-price-forecast-dxy-bulls-await-trading-range-breakout-above-10000-202608130745 Published: Thu, 13 Aug 2026 07:45:51 GMT
[9] WTI Price Forecast: Prolonged energy supply concerns remain key tailwind URL: https://www.fxstreet.com/news/wti-price-forecast-prolonged-energy-supply-concerns-remain-key-tailwind-202608130736 Published: Thu, 13 Aug 2026 07:36:47 GMT
[10] US Dollar: Fed-driven hedge rebuilding revives selling pressure - BNY URL: https://www.fxstreet.com/news/us-dollar-fed-driven-hedge-rebuilding-revives-selling-pressure-bny-202608130734 Published: Thu, 13 Aug 2026 07:34:13 GMT
[11] Forex Today: US Dollar stabilizes ahead of next batch of US data URL: https://www.fxstreet.com/news/forex-today-us-dollar-stabilizes-ahead-of-next-batch-of-us-data-202608130732 Published: Thu, 13 Aug 2026 07:32:49 GMT
[12] USD/JPY in positive territory: Yen gives back intervention gains URL: https://www.fxstreet.com/analysis/usd-jpy-in-positive-territory-yen-gives-back-intervention-gains-202608130728 Published: Thu, 13 Aug 2026 07:28:19 GMT
[13] British Pound: Upside capped near 1.3555 against US Dollar - UOB URL: https://www.fxstreet.com/news/british-pound-upside-capped-near-13555-against-us-dollar-uob-202608130724 Published: Thu, 13 Aug 2026 07:24:29 GMT
[14] Indonesian Rupiah remains subdued as safe-haven demand lifts US Dollar URL: https://www.fxstreet.com/news/indonesian-rupiah-remains-subdued-as-safe-haven-demand-lifts-us-dollar-202608130720 Published: Thu, 13 Aug 2026 07:20:40 GMT
[15] Gold: Upside capped by Fed hike risks - TD Securities URL: https://www.fxstreet.com/news/gold-upside-capped-by-fed-hike-risks-td-securities-202608130710 Published: Thu, 13 Aug 2026 07:10:37 GMT
[16] Canadian Dollar extends pullback from two-month high as oil-driven Fed hike bets lift USD URL: https://www.fxstreet.com/news/canadian-dollar-extends-pullback-from-two-month-high-as-oil-driven-fed-hike-bets-lift-usd-202608130701 Published: Thu, 13 Aug 2026 07:01:26 GMT
[17] Turkey Current Account Balance came in at $-4.194B, above forecasts ($-5B) in June URL: https://www.fxstreet.com/news/turkey-current-account-balance-came-in-at-4194b-above-forecasts-5b-in-june-202608130700 Published: Thu, 13 Aug 2026 07:00:54 GMT
[18] Spain Harmonized Index of Consumer Prices (MoM) came in at 0%, above expectations (-0.1%) in July URL: https://www.fxstreet.com/news/spain-harmonized-index-of-consumer-prices-mom-came-in-at-0-above-expectations-01-in-july-202608130700 Published: Thu, 13 Aug 2026 07:00:03 GMT
[19] Spain Consumer Price Index (YoY) came in at 3.6%, above expectations (3.5%) in July URL: https://www.fxstreet.com/news/spain-consumer-price-index-yoy-came-in-at-36-above-expectations-35-in-july-202608130700 Published: Thu, 13 Aug 2026 07:00:02 GMT
[20] Spain Consumer Price Index (MoM) registered at 0.3% above expectations (0.2%) in July URL: https://www.fxstreet.com/news/spain-consumer-price-index-mom-registered-at-03-above-expectations-02-in-july-202608130700 Published: Thu, 13 Aug 2026 07:00:02 GMT
[21] Spain Harmonized Index of Consumer Prices (YoY) came in at 3.9%, above expectations (3.8%) in July URL: https://www.fxstreet.com/news/spain-harmonized-index-of-consumer-prices-yoy-came-in-at-39-above-expectations-38-in-july-202608130700 Published: Thu, 13 Aug 2026 07:00:02 GMT
[22] Equities: AI rally and CPI relief lift US stocks - Deutsche Bank URL: https://www.fxstreet.com/news/equities-ai-rally-and-cpi-relief-lift-us-stocks-deutsche-bank-202608130657 Published: Thu, 13 Aug 2026 06:57:58 GMT
[23] Euro holds gains against British Pound as UK GDP slows in Q2 URL: https://www.fxstreet.com/news/euro-holds-gains-against-british-pound-as-uk-gdp-slows-in-q2-202608130657 Published: Thu, 13 Aug 2026 06:57:17 GMT
[24] US treasury yields modestly bull-steepened URL: https://www.fxstreet.com/analysis/us-treasury-yields-modestly-bull-steepened-202608130654 Published: Thu, 13 Aug 2026 06:54:57 GMT
[25] Monolith Market introduces four account types for different trading profiles URL: https://www.fxstreet.com/press-releases/monolith-market-introduces-four-account-types-for-different-trading-profiles-202608130651 Published: Thu, 13 Aug 2026 06:51:28 GMT
[26] Indian Rupee: Contained inflation supports RBI pause - Commerzbank URL: https://www.fxstreet.com/news/indian-rupee-contained-inflation-supports-rbi-pause-commerzbank-202608130644 Published: Thu, 13 Aug 2026 06:44:01 GMT
[27] United Kingdom Gross Domestic Product (QoQ) in line with forecasts (0.4%) in 2Q URL: https://www.fxstreet.com/news/united-kingdom-gross-domestic-product-qoq-in-line-with-forecasts-04-in-2q-202608130643 Published: Thu, 13 Aug 2026 06:43:42 GMT
[28] British Pound drifts away from 1.3500 as UK GDP slows down and Industrial Production falls URL: https://www.fxstreet.com/news/british-pound-drifts-away-from-13500-as-weak-uk-industrial-production-offsets-bright-gdp-data-202608130635 Published: Thu, 13 Aug 2026 06:35:59 GMT
[29] Oil: Supply disruptions raise deficit risks - ING URL: https://www.fxstreet.com/news/oil-supply-disruptions-raise-deficit-risks-ing-202608130633 Published: Thu, 13 Aug 2026 06:33:01 GMT
Iran War News
Updates (3):
[1] War and negotiations are 'complementary,' Pezeshkian aide says Time: 2026-08-13T07:30:15.251Z
[2] Iran controls Strait of Hormuz, Basij chief says Time: 2026-08-13T06:57:35.099Z
[3] Salvage under way for stricken tanker Caroline Bezengi off Oman Time: 2026-08-13T06:25:27.039Z
Hormuz Strait Status
Strait of Hormuz Dashboard:
- Strait Status: CLOSED (since 2026-02-28, 166 days ago)
- Ships Transiting: 8 of 60 normal daily β 13.3% of normal
- Throughput: 12.0% of normal (1.2M / 10.3M DWT)
- Stranded Vessels: 51
- Oil Prices: Brent $88.90 (-8.30%)
- War Risk Insurance: EXTREME β 33.3x normal
- Tanker Rates: WS372 (+644% vs pre-crisis)
- Global Impact: 21% of world oil supply at risk; est. $3.8 billion/day economic cost