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2026-W35

Finance Analyst Report: 2026-08-27 08:31:44 ET

Signal Alignment

SPY Direction: SPY +0.4% (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 -7.4% 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 15.0 sub-20 in contango Β· SKEW 143 firm Β· VVIX/VIX 5.71 dealer stress
Inflation 🟒 BULLISH βœ“ ALIGNED Stagflation score 21 β€” low inflation risk
carry_risk 🟒 BULLISH βœ“ ALIGNED USD/JPY 5d +0.3% 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 15.0 (low-fear environment); seasonal pattern historically neutral.

Screener Action Board

  • Regime: low β€” Calm regime β€” balanced board
  • Longs: ELAN, KHC, PFE
  • Shorts: BBY, WTW

Track Record

  • AI Brief Hit Rate (decayed): 1d 12% (n=215) | 3d 34% (n=215) | 5d 33% (n=215)
  • Screener Board Record: 272 closed (hit rate 48%) Β· 154 open

What Changed

  • No signal changes detected.

Key Levels

  • SPY: $769.12 | 50 SMA $752.97 | 200 SMA $708.91 | +0.0% from 50d | ZGL $766.1
  • QQQ: $718.11 | 50 SMA $712.36 | 200 SMA $654.15 | +0.0% from 50d | ZGL $710.41
  • IWM: $298.86 | 50 SMA $297.04 | 200 SMA $270.76 | +0.0% from 50d | ZGL $300.61
  • VIX: 14.96 β€” sub-20 (low vol)
  • 10Y Yield: 4.664%

Equity & Derivatives Board

Ticker Price RSI(14) IVR ZGL Ξ³-Sent PCR
SPY $769.12 46.99 50.5 $766.10 Neutral 0.99
QQQ $718.11 47.37 52.9 $710.41 Neutral 0.74
IWM $298.86 51.30 29.9 $300.61 Bearish 1.85

Macro Board

Ticker Price RSI(14) IVR ZGL Ξ³-Sent PCR
VIX 14.96 50.37 43.4 $11.06 Neutral 1.04
TNX 46.64 49.36 45.2 - - -
GLD $421.34 71.35 32.2 $402.59 Neutral 0.50
DXY 99.20 41.53 36.2 - - -
SLV $61.74 67.92 10.3 $47.00 Bearish 0.35

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: $82.25 (5d: -5.5%)
  • Brent Crude: $87.11 | Spread: $4.86
  • RBOB Gasoline: $2.9400/gal
  • Heating Oil: $4.0900/gal
  • 3-2-1 Crack Spread: $57.33/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: 0.21 (Normal Relationship)
  • 0DTE Call Volume: 0.0
  • 0DTE Put Volume: 0.0
  • 0DTE Put/Call Ratio: 1.05 (No 0DTE Flow Yet)
  • 0DTE Notional Dollar Volume: $347.2B
  • Gamma Call Wall: $770 | Put Wall: $760 (Spot: $769.12)

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 watch Β· Re-entry none

Macro Fundamentals

  • 10Y Yield: 4.66%
  • Yield Curve (10Y-3M): 0.98 (Normal)
  • DXY: 99.20
  • 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): $79,506 (Neutral)

Active Alerts

  • [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 -7.4% 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).
  • [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.

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
  • Industrial Production: 2026-09-18
  • Philadelphia Fed Mfg Index: 2026-09-22

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)
  • NVDA (2026-11-18): EPS Est. $2.09 (↑0.6% vs 30d)
  • WMT (2026-11-19): EPS Est. $0.64 (↓6.8% vs 30d)

FX News Wire

Unread articles (17):

[1] United States Continuing Jobless Claims below forecasts (1.79M) in August 14: Actual (1.778M) URL: https://www.fxstreet.com/news/united-states-continuing-jobless-claims-below-forecasts-179m-in-august-14-actual-1778m-202608271230 Published: Thu, 27 Aug 2026 12:30:38 GMT

[2] United States Initial Jobless Claims came in at 203K, below expectations (208K) in August 21 URL: https://www.fxstreet.com/news/united-states-initial-jobless-claims-came-in-at-203k-below-expectations-208k-in-august-21-202608271230 Published: Thu, 27 Aug 2026 12:30:03 GMT

[3] United States Initial Jobless Claims 4-week average: 205.5K (August 21) vs 204K URL: https://www.fxstreet.com/news/united-states-initial-jobless-claims-4-week-average-2055k-august-21-vs-204k-202608271230 Published: Thu, 27 Aug 2026 12:30:03 GMT

[4] Why this could be the most important Jackson Hole in years URL: https://www.fxstreet.com/analysis/why-this-could-be-the-most-important-jackson-hole-in-years-202608271229 Published: Thu, 27 Aug 2026 12:29:37 GMT

[5] Brent: Watching support at 84/83 dollars - Societe Generale URL: https://www.fxstreet.com/news/brent-watching-support-at-84-83-dollars-societe-generale-202608271228 Published: Thu, 27 Aug 2026 12:28:20 GMT

[6] Diesel's record $100 warning: The oil shock hiding in plain sight URL: https://www.fxstreet.com/analysis/diesels-record-100-warning-the-oil-shock-hiding-in-plain-sight-202608271226 Published: Thu, 27 Aug 2026 12:26:30 GMT

[7] Why the latest PCE reading leaves the Fed with a harder choice? URL: https://www.fxstreet.com/analysis/why-the-latest-pce-reading-leaves-the-fed-with-a-harder-choice-202608271222 Published: Thu, 27 Aug 2026 12:22:35 GMT

[8] Ripple Price Forecast: XRP rebounds as whale inflows rise URL: https://www.fxstreet.com/cryptocurrencies/news/ripple-price-forecast-xrp-rebounds-as-whale-inflows-rise-202608271220 Published: Thu, 27 Aug 2026 12:20:00 GMT

[9] Canadian Dollar stays vulnerable as US-Canada trade war heats up URL: https://www.fxstreet.com/news/canadian-dollar-stays-vulnerable-as-us-canada-trade-war-heats-up-202608271216 Published: Thu, 27 Aug 2026 12:16:47 GMT

[10] GBP/JPY Price Forecast: Momentum cools as cross holds above key support URL: https://www.fxstreet.com/news/gbp-jpy-price-forecast-momentum-cools-as-cross-holds-above-key-support-202608271212 Published: Thu, 27 Aug 2026 12:12:49 GMT

[11] Japanese Yen: Himino signals hawkish shift - MUFG URL: https://www.fxstreet.com/news/japanese-yen-himino-signals-hawkish-shift-mufg-202608271209 Published: Thu, 27 Aug 2026 12:09:37 GMT

[12] ECB Accounts: Another rate hike likely unless inflation outlook improves URL: https://www.fxstreet.com/news/ecb-accounts-another-rate-hike-likely-unless-inflation-outlook-improves-202608271208 Published: Thu, 27 Aug 2026 12:08:18 GMT

[13] Greenback edges higher URL: https://www.fxstreet.com/analysis/greenback-edges-higher-202608271208 Published: Thu, 27 Aug 2026 12:08:14 GMT

[14] Bitcoin Price Forecast: BTC extends gains as investors shift to debasement-resistant assets URL: https://www.fxstreet.com/cryptocurrencies/news/bitcoin-price-forecast-btc-extends-gains-as-investors-shift-to-debasement-resistant-assets-202608271208 Published: Thu, 27 Aug 2026 12:08:00 GMT

[15] Is Gold set to rebound to $5,000? URL: https://www.fxstreet.com/analysis/is-gold-set-to-rebound-to-5-000-202608271203 Published: Thu, 27 Aug 2026 12:03:52 GMT

[16] Mexico Trade Balance, $: $-0.848B (July) vs previous $4.09B URL: https://www.fxstreet.com/news/mexico-trade-balance-0848b-july-vs-previous-409b-202608271201 Published: Thu, 27 Aug 2026 12:01:09 GMT

[17] Mexico Trade Balance s/a, $: $0.465B (July) vs previous $3.843B URL: https://www.fxstreet.com/news/mexico-trade-balance-s-a-0465b-july-vs-previous-3843b-202608271200 Published: Thu, 27 Aug 2026 12:00:58 GMT

Iran War News

Updates (2):

[1] Iran's Bank Melli remains open in Germany despite sanctions Time: 2026-08-27T12:21:00.220Z

[2] Greek-operated Patriot intercepts drones over Saudi oil hub - Reuters Time: 2026-08-27T12:10:42.063Z

Hormuz Strait Status

Hormuz Strait: no change since last report.

Strait of Hormuz Dashboard:

  • Strait Status: CLOSED (since 2026-02-28, 180 days ago)
  • Ships Transiting: 1 of 60 normal daily β€” 1.7% of normal
  • Throughput: 1.7% of normal (0.2M / 10.3M DWT)
  • Stranded Vessels: 402
  • Oil Prices: Brent $88.24 (-4.82%)
  • War Risk Insurance: EXTREME β€” 58.3x normal
  • Tanker Rates: WS425 (+750% vs pre-crisis)
  • Global Impact: 21% of world oil supply at risk; est. $4.2 billion/day economic cost