Finance Analyst Report: 2026-08-13 08:00:54 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): $63,391 βΌ (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 (23):
[1] New Zealand Dollar: Anchored expectations back RBNZ hikes - BBH URL: https://www.fxstreet.com/news/new-zealand-dollar-anchored-expectations-back-rbnz-hikes-bbh-202608131200 Published: Thu, 13 Aug 2026 12:00:19 GMT
[2] Brazil Retail Sales (MoM) above expectations (0.3%) in June: Actual (0.5%) URL: https://www.fxstreet.com/news/brazil-retail-sales-mom-above-expectations-03-in-june-actual-05-202608131200 Published: Thu, 13 Aug 2026 12:00:01 GMT
[3] Euro gains against British Pound despite stronger UK growth data URL: https://www.fxstreet.com/news/euro-gains-against-british-pound-despite-stronger-uk-growth-data-202608131159 Published: Thu, 13 Aug 2026 11:59:27 GMT
[4] Gold Price Forecast: XAU/USD stands tall at two-month highs above $4,380 URL: https://www.fxstreet.com/news/gold-price-forecast-xau-usd-stands-tall-at-two-month-highs-above-4-380-202608131152 Published: Thu, 13 Aug 2026 11:52:20 GMT
[5] Federal Reserve: Gradual easing path - UOB URL: https://www.fxstreet.com/news/federal-reserve-gradual-easing-path-uob-202608131152 Published: Thu, 13 Aug 2026 11:52:02 GMT
[6] European Central Bank: Independence risks rise with debt - Commerzbank URL: https://www.fxstreet.com/news/european-central-bank-independence-risks-rise-with-debt-commerzbank-202608131142 Published: Thu, 13 Aug 2026 11:42:28 GMT
[7] Silver slips below $65, but cooling US inflation keeps downside in check URL: https://www.fxstreet.com/news/silver-slips-below-65-but-cooling-us-inflation-keeps-downside-in-check-202608131141 Published: Thu, 13 Aug 2026 11:41:20 GMT
[8] Riksbank: Rate hike risks rise - Nomura URL: https://www.fxstreet.com/news/riksbank-rate-hike-risks-rise-nomura-202608131132 Published: Thu, 13 Aug 2026 11:32:50 GMT
[9] British Pound: Solid UK data, limited BoE impact - BBH URL: https://www.fxstreet.com/news/british-pound-solid-uk-data-limited-boe-impact-bbh-202608131122 Published: Thu, 13 Aug 2026 11:22:17 GMT
[10] British Pound recovers early losses against US Dollar, US PPI data eyed URL: https://www.fxstreet.com/news/british-pound-recovers-early-losses-against-us-dollar-us-ppi-data-eyed-202608131111 Published: Thu, 13 Aug 2026 11:11:15 GMT
[11] Norwegian Krone: Norges Bank softens hawkish stance - TD Securities URL: https://www.fxstreet.com/news/norwegian-krone-norges-bank-softens-hawkish-stance-td-securities-202608131109 Published: Thu, 13 Aug 2026 11:09:10 GMT
[12] Crypto Today: Bitcoin, Ethereum, XRP remain sluggish amid mixed ETF flows URL: https://www.fxstreet.com/cryptocurrencies/news/crypto-today-bitcoin-ethereum-xrp-remain-sluggish-amid-mixed-etf-flows-202608131100 Published: Thu, 13 Aug 2026 11:00:00 GMT
[13] USD/JPY Price Forecast: Capped below the 50% retracement of July's plunge, at 159.50 URL: https://www.fxstreet.com/news/usd-jpy-price-forecast-capped-below-the-50-retracement-of-julys-plunge-at-15950-202608131057 Published: Thu, 13 Aug 2026 10:57:30 GMT
[14] Gold retreats from two-month high as traders await US PPI URL: https://www.fxstreet.com/news/gold-retreats-from-two-month-high-as-traders-await-us-ppi-202608131057 Published: Thu, 13 Aug 2026 10:57:10 GMT
[15] Bitcoin Price Forecast: BTC rebounds slightly as consolidation range keeps direction unclear URL: https://www.fxstreet.com/cryptocurrencies/news/bitcoin-price-forecast-btc-rebounds-slightly-as-consolidation-range-keeps-direction-unclear-202608131053 Published: Thu, 13 Aug 2026 10:53:29 GMT
[16] The Yen needs a helping hand URL: https://www.fxstreet.com/analysis/the-yen-needs-a-helping-hand-202608131050 Published: Thu, 13 Aug 2026 10:50:32 GMT
[17] Markets take a dive - Again URL: https://www.fxstreet.com/analysis/markets-take-a-dive-again-202608131040 Published: Thu, 13 Aug 2026 10:40:49 GMT
[18] PPI could give the Dollar a new catalyst URL: https://www.fxstreet.com/analysis/ppi-could-give-the-dollar-a-new-catalyst-202608131034 Published: Thu, 13 Aug 2026 10:34:30 GMT
[19] Economists agree: ECB to hike interest rates by 25 bps to 2.5% in September - Reuters URL: https://www.fxstreet.com/news/economists-agree-ecb-to-hike-interest-rates-by-25-bps-to-25-in-september-202608131024 Published: Thu, 13 Aug 2026 10:24:36 GMT
[20] Australian Dollar caught between hawkish RBA, Iran-related inflation risks URL: https://www.fxstreet.com/news/australian-dollar-caught-between-hawkish-rba-iran-related-inflation-risks-202608131023 Published: Thu, 13 Aug 2026 10:23:22 GMT
[21] Gold outlook: Bulls take a breather under new multi-week high ahead of US economic data URL: https://www.fxstreet.com/analysis/gold-outlook-bulls-take-a-breather-under-new-multi-week-high-ahead-of-us-economic-data-202608131015 Published: Thu, 13 Aug 2026 10:15:23 GMT
[22] Weltrade officially launches in South Africa under FSCA licence URL: https://www.fxstreet.com/press-releases/weltrade-officially-launches-in-south-africa-under-fsca-licence-202608131007 Published: Thu, 13 Aug 2026 10:07:08 GMT
[23] Japanese Yen: Bearish bias against US Dollar within higher range - UOB URL: https://www.fxstreet.com/news/japanese-yen-bearish-bias-against-us-dollar-within-higher-range-uob-202608131002 Published: Thu, 13 Aug 2026 10:02:13 GMT
Iran War News
Updates (6):
[1] Israel receives major shipment of military vehicles at Haifa Port Time: 2026-08-13T11:10:54.450Z
[2] Watch: Oil pollution threatens Hara forests in southern Iran Time: 2026-08-13T11:05:14.289Z
[3] Iran province suspends plan for sharply higher petrol price Time: 2026-08-13T11:03:13.883Z
[4] Iran seals dozens of businesses in renewed hijab crackdown Time: 2026-08-13T11:01:39.732Z
[5] Iran will act 'more offensively' in any future war, military official says Time: 2026-08-13T10:48:38.535Z
[6] IRGC Quds force commander urges Iraqi factions to keep their weapons - Al Hadath Time: 2026-08-13T09:53:38.306Z
Hormuz Strait Status
Strait of Hormuz Dashboard:
- Strait Status: CLOSED (since 2026-02-28, 166 days ago)
- Ships Transiting: 13 of 60 normal daily β 13.3% of normal
- Throughput: 13.3% of normal (1.4M / 10.3M DWT)
- Stranded Vessels: 51
- Oil Prices: Brent $93.26 (+0.56%)
- War Risk Insurance: EXTREME β 53.3x normal
- Tanker Rates: WS485 (+870% vs pre-crisis)
- Global Impact: 21% of world oil supply at risk; est. $2.8 billion/day economic cost