Finance Analyst Report: 2026-08-25 09:43:08 ET
Signal Alignment
SPY Direction: SPY -0.0% (3d) | Alignment: 25% (2 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 0.446 moderate, 0DTE PCR 1.00 balanced |
| Gamma | π’ BULLISH | β DIVERGENT | GEX +5.5B strong suppression |
| Breadth | π’ BULLISH | β DIVERGENT | Breadth 60% 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 -7.4% growth collapse Β· real yield 2.40% restrictive |
| Correlations | π΄ BEARISH | β ALIGNED | SPY/VIX -0.42 stretched, SPY/DXY -0.29 normal, SPY/TNX -0.36 elevated, SPY/Oil -0.68 stretched |
| Volatility | βͺ NEUTRAL | β | VIX 15.8 sub-20 in contango Β· SKEW 146 firm Β· VVIX/VIX 5.61 dealer stress |
| Inflation | π’ BULLISH | β DIVERGENT | Stagflation score 21 β low inflation risk |
| carry_risk | π’ BULLISH | β DIVERGENT | USD/JPY 5d -0.2% stable, MOVE 74 calm |
| Liquidity | βͺ NEUTRAL | β | Liquidity Adequate, cut prob 11% β hawkish lean but no BS drain |
| Credit | π’ BULLISH | β DIVERGENT | HY OAS 2.70% benign, NFCI -0.559 loose |
Divergence read: Strong divergence β gamma, breadth, and energy flash bullish as SPY falls. 6 of 8 signals refuse to confirm the decline β reversal risk if structure holds.
Market Status
Regime: TRANSITIONAL | Score: 82/100 (Favorable, with caution) | Score reads 82 (Favorable) but regime is TRANSITIONAL β DIX below threshold (0.446) keeps full risk-on classification at bay. Signal-price divergence detected: 6 signals disagree with SPY's 5d trend.
Leading indicators show DIX stable at 0.446; GEX positive at 5.5B (vol-suppressing); breadth falling to 60% (participation narrowing). Lagging confirmation: VIX at 15.8 (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: $766.33 | 50 SMA $752.26 | 200 SMA $707.99 | +0.0% from 50d | ZGL $765.78
- QQQ: $712.43 | 50 SMA $713.23 | 200 SMA $653.22 | -0.0% from 50d | ZGL $706.67
- IWM: $298.90 | 50 SMA $296.83 | 200 SMA $270.19 | +0.0% from 50d | ZGL $300.57
- VIX: 15.82 β sub-20 (low vol)
- 10Y Yield: 4.660%
Equity & Derivatives Board
| Ticker | Price | RSI(14) | IVR | ZGL | Ξ³-Sent | PCR |
|---|---|---|---|---|---|---|
| SPY | $766.33 | 40.50 | 50.4 | $765.78 | Neutral | 1.16 |
| QQQ | $712.43 | 36.83 | 54.4 | $706.67 | Neutral | 0.61 |
| IWM | $298.90 | 43.35 | 30.2 | $300.57 | Bearish | 1.76 |
Macro Board
| Ticker | Price | RSI(14) | IVR | ZGL | Ξ³-Sent | PCR |
|---|---|---|---|---|---|---|
| VIX | 15.82 | 46.30 | 43.5 | $11.05 | Neutral | 0.99 |
| TNX | 46.60 | 58.69 | 41.9 | - | - | - |
| GLD | $422.94 | 82.23 | 31.7 | $401.08 | Bearish | 0.24 |
| DXY | 98.93 | 35.93 | 38.6 | - | - | - |
| SLV | $60.99 | 73.72 | 11.5 | $48.01 | Bearish | 0.38 |
Dark Pool Activity
- DIX (Dark Index): 0.446
- DIX Signal: Neutral
- GEX (Gamma Exposure): 5.47B
Credit Conditions
- HY OAS Spread: 2.70% (Normal)
- BBB Spread: 1.00%
- 2s10s Spread: 0.46% (Flat-ish)
Market Breadth
- Stocks Above 50-Day SMA: 60.0%
- Stocks Above 200-Day SMA: 73.5%
- Breadth Signal: Strong Bullish
- Total Stocks Analyzed: 487
- Mag 7 Concentration: 31.5%
- Top 10 Concentration: 41.1%
Sector Breadth
| Sector | % > 50d SMA | Stocks |
|---|---|---|
| Energy | 89.5% | 0/0 |
| Health Care | 83.3% | 0/0 |
| Communication Services | 78.9% | 0/0 |
| Consumer Staples | 75.8% | 0/0 |
| Materials | 66.7% | 0/0 |
| Financials | 64.7% | 0/0 |
| Consumer Discretionary | 60.3% | 0/0 |
| Real Estate | 58.3% | 0/0 |
| Technology | 50.8% | 0/0 |
| Industrials | 40.9% | 0/0 |
| Utilities | 14.3% | 0/0 |
Energy & Commodities
- Energy Regime: STABLE
- WTI Crude: $82.62 (5d: -3.7%)
- Brent Crude: $88.14 | Spread: $5.52
- RBOB Gasoline: $2.9500/gal
- Heating Oil: $4.1700/gal
- 3-2-1 Crack Spread: $58.36/bbl (Very wide)
- XLE (Energy Sector): $62.36
- UNG (Nat Gas): $9.89
Correlations
| Pair | 20d Corr | Signal |
|---|---|---|
| SPY / VIX | -0.423 | stretched |
| SPY / DXY | -0.294 | normal |
| SPY / TNX | -0.356 | elevated |
| SPY / Oil | -0.684 | stretched |
Volatility & Options
- Volatility Regime: Contango (Normal)
- MOVE Index (Bond Vol): 73.98
- VIX/MOVE Ratio: 0.21 (Normal Relationship)
- 0DTE Call Volume: 168,916.0
- 0DTE Put Volume: 169,141.0
- 0DTE Put/Call Ratio: 1.00 (Balanced 0DTE Flow)
- 0DTE Notional Dollar Volume: $25.9B
- Gamma Call Wall: $768 | Put Wall: $765 (Spot: $766.33)
CTA Trend Stack
- SMA Stack Score: 3/4 above
- Position: Above 50,100,200d SMA(s) Β· below 20d
Positioning & Sentiment
- CFTC E-mini Specs Net: -10,560 contracts (Z +1.84, as of 2026-08-18)
- AAII Bull-Bear Spread: -4.4% (as of 2026-08-19)
- 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): 0.96 (Normal)
- DXY: 98.93
- 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: 2.32% (Near Target)
- 10Y Breakeven: 2.32%
- 5Y5Y Forward: 2.32%
- Stagflation Risk Score: 21/100
Fed & Global Liquidity
- Fed Balance Sheet (WALCL): $6745.7B
- Treasury General Account (TGA): $953.6B
- Reverse Repo (RRP): $0.4B
- US Net Liquidity (WALCL - TGA - RRP): $5,792B
- Liquidity Regime: Adequate
- ECB Balance Sheet: ~$6,916B
- BOJ Balance Sheet: ~$4,050B
- Global Net Liquidity: $16,757B
- BTC-USD (Liquidity Proxy): $78,727 (Neutral)
Active Alerts
- [WARNING] SPY near gamma wall β expect increased resistance/support and potential pinning at key strike.
- [WARNING] Copper/Gold 20d RoC at -7.4% β growth expectations deteriorating rapidly.
- [WARNING] SKEW at 146 β elevated tail-risk hedging activity.
- [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: nfci is STALE (~268h 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 (~28h 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 (~28h 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: naaim_exposure has printed the same value (79.7) for 19 consecutive trading days β publish cadence is weekly (~5 trading day(s); freeze bar 10). The feed may be frozen: downstream lenses, grading, and analogues are consuming a stale copy.
Seasonality
- Current Month: August
- Average Return: +0.35%
- Median Return: +1.41%
- Hit Rate: 65%
- Signal: Historically Neutral
Today's Events
Economic Releases:
- Philadelphia Fed Mfg Index: 23155.2000000000 | Prev: 23055.6000000000
Upcoming Calendar (30 Days)
Economic Releases:
- 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
- Retail Sales: 2026-09-16
- Industrial Production: 2026-09-18
- Philadelphia Fed Mfg Index: 2026-09-22
Earnings & EPS Estimates:
- NVDA (2026-08-26): EPS Est. $2.09 (β0.6% vs 30d)
- JPM (2026-10-13): EPS Est. $5.91 (β2.7% vs 30d)
- GS (2026-10-13): EPS Est. $16.43 (β16.6% vs 30d)
- TSLA (2026-10-21): EPS Est. $0.45 (β17.9% vs 30d)
- MSFT (2026-10-28): EPS Est. $4.72 (β2.3% vs 30d)
- GOOGL (2026-10-28): EPS Est. $3.01 (β0.2% vs 30d)
- META (2026-10-28): EPS Est. $6.76 (β4.1% vs 30d)
- AAPL (2026-10-29): EPS Est. $1.98 (β2.0% vs 30d)
- AMZN (2026-10-29): EPS Est. $1.95 (β2.2% vs 30d)
- WMT (2026-11-19): EPS Est. $0.64 (β6.8% vs 30d)
FX News Wire
No new articles found since last report.
Iran War News
Updates (3):
[1] Iran conveyed Strait of Hormuz terms to US through Pakistan - IRGC media Time: 2026-08-25T13:22:12.332Z
[2] Iran navy official says armed forces ready for 'decisive response' Time: 2026-08-25T13:18:41.756Z
[3] What Operation Economic Outcast means for Iran, and for everyone trading with Time: 2026-08-25T13:17:56.760Z
Hormuz Strait Status
Hormuz Strait: no change since last report.
Strait of Hormuz Dashboard:
- Strait Status: CLOSED (since 2026-02-28, 178 days ago)
- Ships Transiting: 1 of 60 normal daily β 1.7% of normal
- Throughput: 1.0% of normal (0.1M / 10.3M DWT)
- Stranded Vessels: 372
- Oil Prices: Brent $95.29 (+3.09%)
- War Risk Insurance: EXTREME β 58.3x normal
- Tanker Rates: WS450 (+800% vs pre-crisis)
- Global Impact: 21% of world oil supply at risk; est. $2.8 billion/day economic cost