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2026-W35

Finance Analyst Report: 2026-08-27 02:01:28 ET

Signal Alignment

SPY Direction: SPY +0.5% (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 0.457 moderate, 0DTE PCR 1.05 balanced
Gamma 🟒 BULLISH βœ“ ALIGNED GEX +5.8B 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 -0.03 normal, SPY/TNX -0.54 stretched, SPY/Oil -0.68 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: 84/100 (Favorable) |

Leading indicators show DIX stable at 0.457; GEX positive at 5.8B (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): 0.457
  • DIX Signal: Moderate buying
  • GEX (Gamma Exposure): 5.81B

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 -0.204 extreme
SPY / DXY -0.034 normal
SPY / TNX -0.541 stretched
SPY / Oil -0.675 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 elevated 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): $78,850 (Neutral)

Active Alerts

  • [WARNING] Data integrity: zero_dte_pcr is STALE (~0h 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: hy_oas is STALE (~54h 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 (~30h 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 (~30h 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.
  • [INFO] Full bullish alignment: DIX 0.457, GEX +5.8B, 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).

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

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 (25):

[1] Norway Gross Domestic Product Growth increased to 0.7% in 2Q from previous 0.4% URL: https://www.fxstreet.com/news/norway-gross-domestic-product-growth-increased-to-07-in-2q-from-previous-04-202608270600 Published: Thu, 27 Aug 2026 06:00:09 GMT

[2] Norway Gross Domestic Product Growth Mainland below expectations (0.4%) in 2Q: Actual (0.3%) URL: https://www.fxstreet.com/news/norway-gross-domestic-product-growth-mainland-below-expectations-04-in-2q-actual-03-202608270600 Published: Thu, 27 Aug 2026 06:00:08 GMT

[3] Germany GfK Consumer Confidence Survey came in at -26.6, above forecasts (-29.6) in September URL: https://www.fxstreet.com/news/germany-gfk-consumer-confidence-survey-came-in-at-266-above-forecasts-296-in-september-202608270600 Published: Thu, 27 Aug 2026 06:00:01 GMT

[4] BoJ's Himino says will balance economic data and inflation risks on rates URL: https://www.fxstreet.com/news/bojs-himino-says-will-balance-economic-data-and-inflation-risks-on-rates-202608270553 Published: Thu, 27 Aug 2026 05:53:38 GMT

[5] Gas prices turn higher URL: https://www.fxstreet.com/analysis/gas-prices-turn-higher-202608270552 Published: Thu, 27 Aug 2026 05:52:12 GMT

[6] Top Altcoins Price Forecast: Ripple eases to $1.40, Solana hits $100, DOGE capped below $0.10 URL: https://www.fxstreet.com/cryptocurrencies/news/top-altcoins-price-forecast-ripple-eases-to-140-solana-hits-100-doge-capped-below-010-202608270549 Published: Thu, 27 Aug 2026 05:49:28 GMT

[7] Jackson Hole kicks off after upside PCE surprise URL: https://www.fxstreet.com/analysis/jackson-hole-kicks-off-after-upside-pce-surprise-202608270548 Published: Thu, 27 Aug 2026 05:48:16 GMT

[8] United States Dollar holds gains near 99, all eyes on Jackson Hole Symposium URL: https://www.fxstreet.com/news/united-states-dollar-holds-gains-near-99-all-eyes-on-jackson-hole-symposium-202608270539 Published: Thu, 27 Aug 2026 05:39:20 GMT

[9] Euro drifts higher above 1.1650 on hawkish ECB stance URL: https://www.fxstreet.com/news/euro-drifts-higher-above-11650-on-hawkish-ecb-stance-202608270520 Published: Thu, 27 Aug 2026 05:20:49 GMT

[10] Ethereum Price Forecast: Derivatives demand cools after short squeeze-led rally URL: https://www.fxstreet.com/cryptocurrencies/news/ethereum-price-forecast-derivatives-demand-cools-after-short-squeeze-led-rally-202608270518 Published: Thu, 27 Aug 2026 05:18:02 GMT

[11] Indian Rupee opens flat as stronger US Dollar offsets lower crude prices URL: https://www.fxstreet.com/news/indian-rupee-opens-flat-as-stronger-us-dollar-offsets-lower-crude-prices-202608270512 Published: Thu, 27 Aug 2026 05:12:57 GMT

[12] Cryptocurrencies Price Prediction: SPX6900, Bitcoin & Ripple - Asian Wrap 27 August URL: https://www.fxstreet.com/cryptocurrencies/news/cryptocurrencies-price-prediction-spx6900-bitcoin-ripple-asian-wrap-27-august-202608270511 Published: Thu, 27 Aug 2026 05:11:08 GMT

[13] USD/JPY Price Forecast: Bulls await breakout above 50% Fibo. hurdle near 159.65 URL: https://www.fxstreet.com/news/usd-jpy-price-forecast-bulls-await-breakout-above-50-fibo-hurdle-near-15965-202608270509 Published: Thu, 27 Aug 2026 05:09:53 GMT

[14] Saudi Arabia Gold price today: Gold rises, according to FXStreet data URL: https://www.fxstreet.com/news/saudi-arabia-gold-price-today-gold-rises-according-to-fxstreet-data-202608270505 Published: Thu, 27 Aug 2026 05:05:43 GMT

[15] Swiss Franc steadies as US Dollar holds ground following robust economic data URL: https://www.fxstreet.com/news/swiss-franc-steadies-as-us-dollar-holds-ground-following-robust-economic-data-202608270502 Published: Thu, 27 Aug 2026 05:02:30 GMT

[16] Philippines Gold price today: Gold rises, according to FXStreet data URL: https://www.fxstreet.com/news/philippines-gold-price-today-gold-rises-according-to-fxstreet-data-202608270500 Published: Thu, 27 Aug 2026 05:00:47 GMT

[17] United Arab Emirates Gold price today: Gold rises, according to FXStreet data URL: https://www.fxstreet.com/news/united-arab-emirates-gold-price-today-gold-rises-according-to-fxstreet-data-202608270455 Published: Thu, 27 Aug 2026 04:55:56 GMT

[18] StarkWare tests quantum-resistant Bitcoin transaction on mainnet URL: https://www.fxstreet.com/cryptocurrencies/news/starkware-tests-quantum-resistant-bitcoin-transaction-on-mainnet-202608270451 Published: Thu, 27 Aug 2026 04:51:39 GMT

[19] Pakistan Gold price today: Gold rises, according to FXStreet data URL: https://www.fxstreet.com/news/pakistan-gold-price-today-gold-rises-according-to-fxstreet-data-202608270445 Published: Thu, 27 Aug 2026 04:45:23 GMT

[20] India Gold price today: Gold rises, according to FXStreet data URL: https://www.fxstreet.com/news/india-gold-price-today-gold-rises-according-to-fxstreet-data-202608270435 Published: Thu, 27 Aug 2026 04:35:20 GMT

[21] Malaysia Gold price today: Gold rises, according to FXStreet data URL: https://www.fxstreet.com/news/malaysia-gold-price-today-gold-rises-according-to-fxstreet-data-202608270433 Published: Thu, 27 Aug 2026 04:33:13 GMT

[22] British Pound languishes near weekly low, below 1.3600 as USD bulls await Warsh's speech URL: https://www.fxstreet.com/news/british-pound-languishes-near-weekly-low-below-13600-as-usd-bulls-await-warshs-speech-202608270425 Published: Thu, 27 Aug 2026 04:25:48 GMT

[23] EUR/JPY Price Forecast: Remains above 185.50 near moving averages URL: https://www.fxstreet.com/news/eur-jpy-price-forecast-remains-above-18550-near-moving-averages-202608270423 Published: Thu, 27 Aug 2026 04:23:13 GMT

[24] AUD/JPY Price Forecast: Gains ground to near 114.50, bullish tone prevails above 100-day SMA URL: https://www.fxstreet.com/news/aud-jpy-price-forecast-gains-ground-to-near-11450-bullish-tone-prevails-above-100-day-sma-202608270417 Published: Thu, 27 Aug 2026 04:17:02 GMT

[25] Morning briefing: EUR/USD remains capped below 1.1700 URL: https://www.fxstreet.com/analysis/morning-briefing-eur-usd-remains-capped-below-11700-202608270417 Published: Thu, 27 Aug 2026 04:17:00 GMT

Iran War News

Updates (2):

[1] Iran's gasoline subsidy system fuels corruption, lawmaker says Time: 2026-08-27T05:52:31.197Z

[2] Iran should strike vital US interests in region, hardline newspaper says Time: 2026-08-27T05:05:24.336Z

Hormuz Strait Status

Strait of Hormuz Dashboard:

  • Strait Status: CLOSED (since 2026-02-28, 180 days ago)
  • Ships Transiting: 3 of 60 normal daily β€” 5.0% of normal
  • Throughput: 4.0% of normal (0.4M / 10.3M DWT)
  • Stranded Vessels: 120
  • Oil Prices: Brent $95.29 (+3.09%)
  • War Risk Insurance: EXTREME β€” 66.7x normal
  • Tanker Rates: WS430 (+760% vs pre-crisis)
  • Global Impact: 21% of world oil supply at risk; est. $3.2 billion/day economic cost