Finance Analyst Report: 2026-08-16 20:00:53 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 | βͺ NEUTRAL | β | DIX 0.469 above 0.45 but falling β institutional buying fading, 0DTE PCR 1.07 balanced |
| Gamma | π’ BULLISH | β ALIGNED | GEX +15.2B strong suppression |
| Breadth | π’ BULLISH | β ALIGNED | Breadth 71% β broad participation supports rally |
| Energy | π’ BULLISH | β ALIGNED | Energy STABLE β no macro headwind from oil |
| growth_expectations | π΄ BEARISH | β DIVERGENT | Copper/Gold -3.9% growth pessimism Β· real yield 2.39% restrictive |
| Correlations | βͺ NEUTRAL | β | SPY/VIX -0.55 elevated, SPY/DXY -0.10 normal, SPY/TNX -0.41 elevated, SPY/Oil -0.63 stretched |
| Volatility | βͺ NEUTRAL | β | VIX 14.2 sub-20 in contango Β· SKEW 138 normal Β· VVIX/VIX 6.14 dealer fear |
| Inflation | π’ BULLISH | β ALIGNED | Stagflation score 18 β low inflation risk |
| carry_risk | π’ BULLISH | β ALIGNED | USD/JPY 5d +0.1% stable, MOVE 70 calm |
| Liquidity | βͺ NEUTRAL | β | Liquidity Adequate |
| Credit | π’ BULLISH | β ALIGNED | HY OAS 2.71% moderate, NFCI -0.549 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 0.469; GEX positive at 15.2B (vol-suppressing); breadth rising to 71% (participation broadening). Lagging confirmation: VIX at 14.2 (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
- Health score β 5 points (81 β 86)
Key Levels
- SPY: $775.98 | 50 SMA $748.93 | 200 SMA $705.46 | +0.0% from 50d | ZGL $755.95
- QQQ: $730.85 | 50 SMA $712.95 | 200 SMA $650.62 | +0.0% from 50d | ZGL $718.94
- IWM: $304.90 | 50 SMA $295.10 | 200 SMA $268.55 | +0.0% from 50d | ZGL $281.0
- VIX: 14.25 β sub-20 (low vol)
- 10Y Yield: 4.696%
Equity & Derivatives Board
| Ticker | Price | RSI(14) | IVR | ZGL | Ξ³-Sent | PCR |
|---|---|---|---|---|---|---|
| SPY | $775.98 | 75.15 | 55.5 | $755.95 | Neutral | 0.61 |
| QQQ | $730.85 | 70.52 | 60.4 | $718.94 | Neutral | 0.57 |
| IWM | $304.90 | 67.58 | 27.3 | $281.00 | Neutral | 0.52 |
Macro Board
| Ticker | Price | RSI(14) | IVR | ZGL | Ξ³-Sent | PCR |
|---|---|---|---|---|---|---|
| VIX | 14.25 | 31.40 | 50.9 | $10.50 | Bearish | 1.63 |
| TNX | 46.96 | 55.28 | 40.7 | - | - | - |
| GLD | $401.84 | 71.08 | 27.5 | $380.99 | Bearish | 0.40 |
| DXY | 99.67 | 24.01 | 30.0 | - | - | - |
| SLV | $58.65 | 69.47 | 11.2 | $42.00 | Bearish | 0.32 |
Dark Pool Activity
- DIX (Dark Index): 0.469
- DIX Signal: Moderate buying
- GEX (Gamma Exposure): 15.19B
Credit Conditions
- HY OAS Spread: 2.71% (Normal)
- BBB Spread: 0.98%
- 2s10s Spread: 0.51% (Healthy slope)
Market Breadth
- Stocks Above 50-Day SMA: 70.6%
- Stocks Above 200-Day SMA: 73.9%
- Breadth Signal: Strong Bullish
- Total Stocks Analyzed: 411
- Mag 7 Concentration: 31.6%
- Top 10 Concentration: 41.2%
Sector Breadth
| Sector | % > 50d SMA | Stocks |
|---|---|---|
| Energy | 94.7% | 18/19 |
| Financials | 84.5% | 49/58 |
| Communication Services | 83.3% | 15/18 |
| Health Care | 82.9% | 34/41 |
| Consumer Staples | 82.1% | 23/28 |
| Industrials | 75.5% | 40/53 |
| Materials | 73.7% | 14/19 |
| Consumer Discretionary | 64.6% | 31/48 |
| Technology | 63.2% | 36/57 |
| Real Estate | 34.8% | 8/23 |
| Utilities | 29.2% | 7/24 |
Energy & Commodities
- Energy Regime: STABLE
- WTI Crude: $82.40 (5d: +0.3%)
- Brent Crude: $88.52 | Spread: $6.12
- RBOB Gasoline: $2.9000/gal
- Heating Oil: $4.1600/gal
- 3-2-1 Crack Spread: $57.04/bbl (Very wide)
- XLE (Energy Sector): $61.91
- UNG (Nat Gas): $9.92
Correlations
| Pair | 20d Corr | Signal |
|---|---|---|
| SPY / VIX | -0.545 | elevated |
| SPY / DXY | -0.103 | normal |
| SPY / TNX | -0.405 | elevated |
| SPY / Oil | -0.631 | stretched |
Volatility & Options
- Volatility Regime: Contango (Normal)
- MOVE Index (Bond Vol): 69.58
- VIX/MOVE Ratio: 0.20 (Normal Relationship)
- 0DTE Call Volume: 0.0
- 0DTE Put Volume: 0.0
- 0DTE Put/Call Ratio: 1.07 (No 0DTE Expiry Today)
- 0DTE Notional Dollar Volume: $548.6B
- Gamma Call Wall: $780 | Put Wall: $765 (Spot: $775.98)
CTA Trend Stack
- SMA Stack Score: 4/4 above
- Position: Above all 4 SMAs (full-stack long)
Positioning & Sentiment
- CFTC E-mini Specs Net: +11,280 contracts (Z +2.32, as of 2026-08-11)
- AAII Bull-Bear Spread: -3.2% (as of 2026-08-12)
- Squeeze Setup: none (0/4 triggers Β· no triggers active)
Macro Fundamentals
- 10Y Yield: 4.70%
- Yield Curve (10Y-3M): 1.00 (Normal)
- DXY: 99.67
- 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: 2.24% (Near Target)
- 10Y Breakeven: 2.27%
- 5Y5Y Forward: 2.30%
- Stagflation Risk Score: 18/100
Fed & Global Liquidity
- Fed Balance Sheet (WALCL): $6760.0B
- Treasury General Account (TGA): $964.0B
- Reverse Repo (RRP): $0.2B
- US Net Liquidity (WALCL - TGA - RRP): $5,796B
- Liquidity Regime: Adequate
- ECB Balance Sheet: ~$6,855B
- BOJ Balance Sheet: ~$4,044B
- Global Net Liquidity: $16,695B
- BTC-USD (Liquidity Proxy): $62,830 βΌ (Neutral)
Active Alerts
- [WARNING] Regime shifted from RISK-ON to TRANSITIONAL.
- [WARNING] CTA SMA stack now 4.0/4 β systematic trend trigger fired. Above all 4 SMAs (full-stack long).
- [WARNING] Data integrity: zero_dte_pcr 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] Data integrity: nfci is STALE (~193h 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.
- [INFO] Screener: FFIV β new HIGH-conviction candidate (conviction 69/100, regime range_noise, calibrated failed_breakout hit-rate 51% (n=6629)). Worth a look.
- [INFO] Screener: HOOD β new HIGH-conviction candidate (conviction 63/100, regime capitulation, calibrated failed_breakout hit-rate 51% (n=6629)). Worth a look.
- [INFO] Screener: HPQ β new HIGH-conviction candidate (conviction 69/100, regime breakout_pullback, calibrated oversold_sympathy hit-rate 51% (n=3661)). Worth a look.
- [INFO] Screener: QLYS β promotion-ready (3d on list, HIGH conviction 60/100, regime post_earnings_digestion, calibrated oversold_sympathy hit-rate 51% (n=3661)).
- [INFO] Screener: QLYS β new HIGH-conviction candidate (conviction 60/100, regime post_earnings_digestion, calibrated oversold_sympathy hit-rate 51% (n=3661)). Worth a look.
- [INFO] Screener: CG β confluence of 3 archetypes (conviction 48/100, regime capitulation, calibrated oversold_sympathy hit-rate 51% (n=3661)).
Seasonality
- Current Month: August
- Average Return: +0.42%
- Median Return: +1.41%
- Hit Rate: 65%
- Signal: Historically Neutral
Today's Events
Economic Releases:
- Retail Sales: 660047.0 | Prev: 665054.0
Upcoming Calendar (30 Days)
Economic Releases:
- Industrial Production: 2026-08-18
- Philadelphia Fed Mfg Index: 2026-08-25
- Gross Domestic Product (GDP): 2026-08-26
- Employment Situation (Payrolls): 2026-09-04
- Producer Price Index (PPI): 2026-09-10
- 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 (β0.3% 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. $0.45 (β17.4% vs 30d)
- MSFT (2026-10-28): EPS Est. $4.71 (β2.0% 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 (β2.0% vs 30d)
- AMZN (2026-10-29): EPS Est. $1.95 (β2.1% vs 30d)
FX News Wire
Unread articles (25):
[1] South Korea Trade Balance: $30.39B (July) vs $30.32B URL: https://www.fxstreet.com/news/south-korea-trade-balance-3039b-july-vs-3032b-202608162359 Published: Sun, 16 Aug 2026 23:59:22 GMT
[2] Japan's GDP grows 0.3% QoQ in Q2 2026 vs 0.5% expected URL: https://www.fxstreet.com/news/japans-gdp-grows-03-qoq-in-q2-2026-vs-05-expected-202608162353 Published: Sun, 16 Aug 2026 23:53:48 GMT
[3] Japan Gross Domestic Product Deflator (YoY) came in at 2.6%, above forecasts (2.4%) in 2Q URL: https://www.fxstreet.com/news/japan-gross-domestic-product-deflator-yoy-came-in-at-26-above-forecasts-24-in-2q-202608162351 Published: Sun, 16 Aug 2026 23:51:09 GMT
[4] Japan Gross Domestic Product (QoQ) registered at 0.3%, below expectations (0.5%) in 2Q URL: https://www.fxstreet.com/news/japan-gross-domestic-product-qoq-registered-at-03-below-expectations-05-in-2q-202608162350 Published: Sun, 16 Aug 2026 23:50:40 GMT
[5] Japan Gross Domestic Product Annualized came in at 1.1%, below expectations (2%) in 2Q URL: https://www.fxstreet.com/news/japan-gross-domestic-product-annualized-came-in-at-11-below-expectations-2-in-2q-202608162350 Published: Sun, 16 Aug 2026 23:50:01 GMT
[6] Weekly column: Cool inflation data propels S&P to record highs while others lag URL: https://www.fxstreet.com/analysis/weekly-column-cool-inflation-data-propels-sp-to-record-highs-while-others-lag-202608162342 Published: Sun, 16 Aug 2026 23:42:05 GMT
[7] PFE price outlook: Pfizer pressing against 0.618 arc. Potential breakout toward $27.95 URL: https://www.fxstreet.com/news/pfe-price-outlook-pfizer-pressing-against-0618-arc-potential-breakout-toward-2795-202608162338 Published: Sun, 16 Aug 2026 23:38:53 GMT
[8] BTC/USD price outlook: Bitcoin navigating between arc levels. Potential continuation toward $58,000 URL: https://www.fxstreet.com/cryptocurrencies/news/btc-usd-price-outlook-bitcoin-navigating-between-arc-levels-potential-continuation-toward-58-000-202608162335 Published: Sun, 16 Aug 2026 23:35:01 GMT
[9] Silver price outlook: Silver pressing against 0.5 arc. Potential breakout toward $66.30 URL: https://www.fxstreet.com/analysis/silver-price-outlook-silver-pressing-against-05-arc-potential-breakout-toward-6630-202608162332 Published: Sun, 16 Aug 2026 23:32:54 GMT
[10] Breakout continuation URL: https://www.fxstreet.com/news/breakout-continuation-202608162330 Published: Sun, 16 Aug 2026 23:30:24 GMT
[11] Australian Dollar gains traction to near 0.7100 on fading Fed hike bets URL: https://www.fxstreet.com/news/australian-dollar-gains-traction-to-near-07100-on-fading-fed-hike-bets-202608162329 Published: Sun, 16 Aug 2026 23:29:08 GMT
[12] Copper hits an all-time COT extreme as large speculators crowd the long side [Video] URL: https://www.fxstreet.com/analysis/copper-hits-an-all-time-cot-extreme-as-large-speculators-crowd-the-long-side-video-202608162328 Published: Sun, 16 Aug 2026 23:28:41 GMT
[13] 15-minute forex breakout strategy with 89% accuracy [Video] URL: https://www.fxstreet.com/education/15-minute-forex-breakout-strategy-with-89-accuracy-video-202608162326 Published: Sun, 16 Aug 2026 23:26:09 GMT
[14] EUR/USD to 1.1600? GBP/USD and AUD/USD test resist. JPY pairs fight to extend bounce. CHF keeps weakening [Video] URL: https://www.fxstreet.com/analysis/eur-usd-to-11600-gbp-usd-and-aud-usd-test-resist-jpy-pairs-fight-to-extend-bounce-chf-keeps-weakening-video-202608162323 Published: Sun, 16 Aug 2026 23:23:49 GMT
[15] MCL1! price outlook: Micro WTI Crude Oil Futures holds above 0.786 support arc. Potential rebound toward $93 URL: https://www.fxstreet.com/analysis/mcl1-price-outlook-micro-wti-crude-oil-futures-holds-above-0786-support-arc-potential-rebound-toward-93-202608162314 Published: Sun, 16 Aug 2026 23:14:39 GMT
[16] DXY price outlook: US Dollar Index pressing against 0.618 support arc. Potential breakdown toward 98.55 URL: https://www.fxstreet.com/analysis/dxy-price-outlook-us-dollar-index-pressing-against-0618-support-arc-potential-breakdown-toward-9855-202608162311 Published: Sun, 16 Aug 2026 23:11:58 GMT
[17] United Kingdom Rightmove House Price Index (YoY) declined to -1% in August from previous -0.4% URL: https://www.fxstreet.com/news/united-kingdom-rightmove-house-price-index-yoy-declined-to-1-in-august-from-previous-04-202608162309 Published: Sun, 16 Aug 2026 23:09:21 GMT
[18] United Kingdom Rightmove House Price Index (YoY) increased to 1% in August from previous -0.4% URL: https://www.fxstreet.com/news/united-kingdom-rightmove-house-price-index-yoy-increased-to-1-in-august-from-previous-04-202608162309 Published: Sun, 16 Aug 2026 23:09:07 GMT
[19] New Zealand Business NZ PSI remains unchanged at 50.6 in July URL: https://www.fxstreet.com/news/new-zealand-business-nz-psi-remains-unchanged-at-506-in-july-202608162305 Published: Sun, 16 Aug 2026 23:05:43 GMT
[20] United Kingdom Rightmove House Price Index (MoM): -2% (August) vs previous -1% URL: https://www.fxstreet.com/news/united-kingdom-rightmove-house-price-index-mom-2-august-vs-previous-1-202608162303 Published: Sun, 16 Aug 2026 23:03:57 GMT
[21] Israel attacks Lebanon as US prepares fresh Iran sanctions URL: https://www.fxstreet.com/news/israel-strikes-lebanon-as-us-prepares-fresh-iran-sanctions-202608162303 Published: Sun, 16 Aug 2026 23:03:26 GMT
[22] New Zealand Electronic Card Retail Sales (YoY) rose from previous 1.3% to 3.4% in July URL: https://www.fxstreet.com/news/new-zealand-electronic-card-retail-sales-yoy-rose-from-previous-13-to-34-in-july-202608162302 Published: Sun, 16 Aug 2026 23:02:54 GMT
[23] New Zealand Electronic Card Retail Sales (MoM) increased to 1.3% in July from previous -1.4% URL: https://www.fxstreet.com/news/new-zealand-electronic-card-retail-sales-mom-increased-to-13-in-july-from-previous-14-202608162302 Published: Sun, 16 Aug 2026 23:02:47 GMT
[24] New Zealand Food Price Index (MoM): 0.1% (July) vs previous 0.6% URL: https://www.fxstreet.com/news/new-zealand-food-price-index-mom-01-july-vs-previous-06-202608162302 Published: Sun, 16 Aug 2026 23:02:41 GMT
[25] New Zealand Business NZ PSI increased to 50.9 in July from previous 50.6 URL: https://www.fxstreet.com/news/new-zealand-business-nz-psi-increased-to-509-in-july-from-previous-506-202608162301 Published: Sun, 16 Aug 2026 23:01:59 GMT
Iran War News
Updates (10):
[1] Hormuz vessel traffic slows after tanker attacks Time: 2026-08-16T23:22:20.264Z
[2] Trump cuts South Korea drills, cites Seoul refusal to join Iran campaign Time: 2026-08-16T22:07:00.000Z
[3] Trump hails Saudi-Turkey-Pakistan defense pact as 'big, bold' step Time: 2026-08-16T21:26:03.447Z
[4] Qatar presses Hormuz navigation in regional calls Time: 2026-08-16T21:04:00.000Z
[5] Iran's military actions could turn 'offensive,' IRGC political deputy says Time: 2026-08-16T19:50:54.113Z
[6] CENTCOM chief praises USS Abraham Lincoln crew Time: 2026-08-16T19:39:14.656Z
[7] Iraqi Kurdistan president's office confirms Barzani's US-Iran backchannel role Time: 2026-08-16T19:04:30.728Z
[8] Ghalibaf says Iran won war militarily and politically Time: 2026-08-16T19:00:01.109Z
[9] Iran vice president says rising prices have become 'painful' Time: 2026-08-16T18:02:15.948Z
[10] Republican lawmaker says Trump set 'false expectations' early in Iran war Time: 2026-08-16T16:43:11.378Z
Hormuz Strait Status
Strait of Hormuz Dashboard:
- Strait Status: CLOSED (since 2026-02-28, 169 days ago)
- Ships Transiting: 1 of 60 normal daily β 1.7% of normal
- Throughput: 1.5% of normal (0.2M / 10.3M DWT)
- Stranded Vessels: 350
- Oil Prices: Brent $93.26 (+0.56%)
- War Risk Insurance: EXTREME β 50.0x normal
- Tanker Rates: WS300 (+500% vs pre-crisis)
- Global Impact: 21% of world oil supply at risk; est. $3.2 billion/day economic cost