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2026-W35

Finance Analyst Report: 2026-08-26 20:01:22 ET

Signal Alignment

SPY Direction: SPY +0.7% (3d) | Alignment: 75% (6 aligned, 2 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 0.469 moderate, 0DTE PCR 1.05 balanced
Gamma 🟒 BULLISH βœ“ ALIGNED GEX +5.6B strong suppression
Breadth 🟒 BULLISH βœ“ ALIGNED Breadth 60% 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 -6.9% growth collapse Β· real yield 2.38% restrictive
Correlations πŸ”΄ BEARISH βœ— DIVERGENT SPY/VIX -0.20 extreme, SPY/DXY -0.04 normal, SPY/TNX -0.47 elevated, SPY/Oil -0.67 stretched
Volatility βšͺ NEUTRAL β€” VIX 15.2 sub-20 in contango Β· SKEW 143 firm Β· VVIX/VIX 5.60 dealer stress
Inflation 🟒 BULLISH βœ“ ALIGNED Stagflation score 21 β€” low inflation risk
carry_risk 🟒 BULLISH βœ“ ALIGNED USD/JPY 5d +0.6% stable, MOVE 69 calm
Liquidity βšͺ NEUTRAL β€” Liquidity Adequate, cut prob 11% β€” hawkish lean but no BS drain
Credit 🟒 BULLISH βœ“ ALIGNED HY OAS 2.70% benign, NFCI -0.566 loose

Divergence read: Structural signals broadly confirm the risk-on rally β€” gamma, breadth, and energy align with SPY's uptrend (75% of directional signals in agreement).

Market Status

Regime: RISK-ON | Score: 85/100 (Favorable) |

Leading indicators show DIX stable at 0.469; GEX positive at 5.6B (vol-suppressing). Lagging confirmation: VIX at 15.2 (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

  • No signal changes detected.

Key Levels

  • SPY: $769.82 | 50 SMA $752.75 | 200 SMA $708.43 | +0.0% from 50d | ZGL $765.97
  • QQQ: $717.55 | 50 SMA $713.01 | 200 SMA $653.65 | +0.0% from 50d | ZGL $709.47
  • IWM: $299.20 | 50 SMA $296.96 | 200 SMA $270.46 | +0.0% from 50d | ZGL $300.25
  • VIX: 15.21 β€” sub-20 (low vol)
  • 10Y Yield: 4.664%

Equity & Derivatives Board

Ticker Price RSI(14) IVR ZGL Ξ³-Sent PCR
SPY $769.82 45.41 50.4 $765.97 Neutral 1.25
QQQ $717.55 44.89 54.4 $709.47 Neutral 0.67
IWM $299.20 49.02 29.8 $300.25 Bearish 1.97

Macro Board

Ticker Price RSI(14) IVR ZGL Ξ³-Sent PCR
VIX 15.21 47.88 43.5 $11.06 Neutral 0.98
TNX 46.64 52.21 46.8 - - -
GLD $422.26 78.51 31.8 $401.68 Neutral 0.58
DXY 99.14 34.27 41.5 - - -
SLV $61.92 70.15 11.6 $49.06 Bearish 0.41

Dark Pool Activity

  • DIX (Dark Index): 0.469
  • DIX Signal: Moderate buying
  • GEX (Gamma Exposure): 5.62B

Credit Conditions

  • HY OAS Spread: 2.70% (Normal)
  • BBB Spread: 1.00%
  • 2s10s Spread: 0.47% (Flat-ish)

Market Breadth

  • Stocks Above 50-Day SMA: 60.0%
  • Stocks Above 200-Day SMA: 72.7%
  • Breadth Signal: Strong Bullish
  • Total Stocks Analyzed: 495
  • Mag 7 Concentration: 31.5%
  • Top 10 Concentration: 41.0%

Sector Breadth

Sector % > 50d SMA Stocks
Energy 100.0% 0/0
Health Care 87.0% 0/0
Consumer Staples 78.8% 0/0
Communication Services 73.7% 0/0
Materials 70.8% 0/0
Financials 66.2% 0/0
Consumer Discretionary 54.2% 0/0
Technology 52.3% 0/0
Real Estate 42.3% 0/0
Industrials 41.8% 0/0
Utilities 16.7% 0/0

Energy & Commodities

  • Energy Regime: STABLE
  • WTI Crude: $81.91 (5d: -6.7%)
  • Brent Crude: $86.56 | Spread: $4.65
  • RBOB Gasoline: $2.9300/gal
  • Heating Oil: $4.1100/gal
  • 3-2-1 Crack Spread: $57.67/bbl (Very wide)
  • XLE (Energy Sector): $62.43
  • UNG (Nat Gas): $10.41

Correlations

Pair 20d Corr Signal
SPY / VIX -0.203 extreme
SPY / DXY -0.036 normal
SPY / TNX -0.471 elevated
SPY / Oil -0.669 stretched

Volatility & Options

  • Volatility Regime: Contango (Normal)
  • MOVE Index (Bond Vol): 69.44
  • VIX/MOVE Ratio: 0.22 (Normal Relationship)
  • 0DTE Call Volume: 2,209,744.0
  • 0DTE Put Volume: 2,322,692.0
  • 0DTE Put/Call Ratio: 1.05 (Balanced 0DTE Flow)
  • 0DTE Notional Dollar Volume: $347.2B
  • Gamma Call Wall: $769 | Put Wall: $765 (Spot: $769.82)

CTA Trend Stack

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

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 watch Β· Re-entry none

Macro Fundamentals

  • 10Y Yield: 4.66%
  • Yield Curve (10Y-3M): 0.97 (Normal)
  • DXY: 99.14
  • 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: 2.31% (Near Target)
  • 10Y Breakeven: 2.32%
  • 5Y5Y Forward: 2.33%
  • Stagflation Risk Score: 21/100

Fed & Global Liquidity

  • Fed Balance Sheet (WALCL): $6745.7B
  • Treasury General Account (TGA): $953.6B
  • Reverse Repo (RRP): $0.7B
  • US Net Liquidity (WALCL - TGA - RRP): $5,791B
  • Liquidity Regime: Adequate
  • ECB Balance Sheet: ~$6,894B
  • BOJ Balance Sheet: ~$4,044B
  • Global Net Liquidity: $16,729B
  • BTC-USD (Liquidity Proxy): $78,953 (Neutral)

Active Alerts

  • [INFO] Full bullish alignment: DIX 0.469, GEX +5.6B, HY OAS 2.70%, breadth 60%.
  • [WARNING] SPY near gamma wall β€” expect increased resistance/support and potential pinning at key strike.
  • [WARNING] Copper/Gold 20d RoC at -6.9% β€” growth expectations deteriorating rapidly.
  • [WARNING] SKEW at 143 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).
  • [INFO] Screener: RGEN β€” new HIGH-conviction candidate (conviction 72/100, regime range_noise, calibrated failed_breakout hit-rate 50% (n=8608)). Worth a look.
  • [INFO] Screener: PSA β€” promotion-ready (85d on list, HIGH conviction 69/100, regime breakout_pullback, calibrated distribution_top hit-rate 47% (n=2463)).
  • [INFO] Screener: JAZZ β€” promotion-ready (83d on list, HIGH conviction 73/100, regime breakout_pullback, calibrated failed_breakout hit-rate 50% (n=8608)).
  • [INFO] Screener: JAZZ β€” new HIGH-conviction candidate (conviction 73/100, regime breakout_pullback, calibrated failed_breakout hit-rate 50% (n=8608)). Worth a look.

Seasonality

  • Current Month: August
  • Average Return: +0.35%
  • Median Return: +1.41%
  • Hit Rate: 65%
  • Signal: Historically Neutral

Today's Events

Economic Releases:

  • Gross Domestic Product (GDP): 32486.066 | Prev: 31865.721

Earnings:

  • NVDA: EPS Est. $2.09 (↑0.6% vs 30d)

Upcoming Calendar (30 Days)

Economic Releases:

  • 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

Earnings & EPS Estimates:

  • JPM (2026-10-13): EPS Est. $5.91 (↑2.7% vs 30d)
  • GS (2026-10-13): EPS Est. $16.43 (↑16.6% vs 30d)
  • TSLA (2026-10-21): EPS Est. $0.45 (↓17.9% vs 30d)
  • MSFT (2026-10-28): EPS Est. $4.72 (↑2.3% vs 30d)
  • GOOGL (2026-10-28): EPS Est. $3.01 (↓0.2% vs 30d)
  • META (2026-10-28): EPS Est. $6.76 (↓4.1% vs 30d)
  • AAPL (2026-10-29): EPS Est. $1.98 (↓2.0% vs 30d)
  • AMZN (2026-10-29): EPS Est. $1.95 (↑2.2% vs 30d)
  • WMT (2026-11-19): EPS Est. $0.64 (↓6.8% vs 30d)

FX News Wire

Unread articles (7):

[1] Iran and Oman agree revenue deal on Strait of Hormuz-- Bloomberg URL: https://www.fxstreet.com/news/iran-and-oman-agree-revenue-deal-on-strait-of-hormuz-bloomberg-202608262357 Published: Wed, 26 Aug 2026 23:57:50 GMT

[2] Japan Foreign Investment in Japan Stocks fell from previous Β₯621.2B to Β₯-764.1B in August 21 URL: https://www.fxstreet.com/news/japan-foreign-investment-in-japan-stocks-fell-from-previous-y6212b-to-y-7641b-in-august-21-202608262353 Published: Wed, 26 Aug 2026 23:53:04 GMT

[3] Japan Foreign Bond Investment down to Β₯-1978.4B in August 21 from previous Β₯1135.1B URL: https://www.fxstreet.com/news/japan-foreign-bond-investment-down-to-y-19784b-in-august-21-from-previous-y11351b-202608262352 Published: Wed, 26 Aug 2026 23:52:51 GMT

[4] The British Pound stops dead where American data left it URL: https://www.fxstreet.com/news/the-british-pound-stops-dead-where-american-data-left-it-202608262341 Published: Wed, 26 Aug 2026 23:41:38 GMT

[5] Gold retreats from three-month high to near $4,600 after US PCE data URL: https://www.fxstreet.com/news/gold-retreats-from-three-month-high-to-near-4-600-after-us-pce-data-202608262326 Published: Wed, 26 Aug 2026 23:26:52 GMT

[6] Australian Dollar extends rally as RBA hike bets, offset US data URL: https://www.fxstreet.com/news/australian-dollar-extends-rally-as-rba-hike-bets-offset-us-data-202608262321 Published: Wed, 26 Aug 2026 23:21:01 GMT

[7] Nvidia results: Stocks surge on $108bn outlook URL: https://www.fxstreet.com/news/nvidia-results-stocks-surge-on-108bn-outlook-202608262211 Published: Wed, 26 Aug 2026 22:11:54 GMT

Iran War News

Updates (2):

[1] Qatar PM to revive mediation in Tehran amid Iran-US standoff over Hormuz Time: 2026-08-26T23:36:03.583Z

[2] CIA chief's Moscow trip was to warn Russia against attacking NATO - WSJ Time: 2026-08-26T23:04:54.174Z

Hormuz Strait Status

Strait of Hormuz Dashboard:

  • Strait Status: CLOSED (since 2026-02-28, 179 days ago)
  • Ships Transiting: 3 of 60 normal daily β€” 5.0% of normal
  • Throughput: 5.0% of normal (0.5M / 10.3M DWT)
  • Stranded Vessels: 500
  • Oil Prices: Brent $95.29 (+3.09%)
  • War Risk Insurance: EXTREME β€” 56.7x normal
  • Tanker Rates: WS476 (+852% vs pre-crisis)
  • Global Impact: 21% of world oil supply at risk; est. $4.2 billion/day economic cost