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2026-W35

Finance Analyst Report: 2026-08-27 09:03:05 ET

Signal Alignment

SPY Direction: SPY +0.3% (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 -0.04 normal, SPY/TNX -0.54 stretched, SPY/Oil -0.67 stretched
Volatility βšͺ NEUTRAL β€” VIX 15.1 sub-20 in contango Β· SKEW 143 firm Β· VVIX/VIX 5.65 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 15.1 (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: $767.92 | 50 SMA $752.97 | 200 SMA $708.91 | +0.0% from 50d | ZGL $766.1
  • QQQ: $716.88 | 50 SMA $712.36 | 200 SMA $654.15 | +0.0% from 50d | ZGL $710.41
  • IWM: $298.43 | 50 SMA $297.04 | 200 SMA $270.76 | +0.0% from 50d | ZGL $300.61
  • VIX: 15.08 β€” sub-20 (low vol)
  • 10Y Yield: 4.664%

Equity & Derivatives Board

Ticker Price RSI(14) IVR ZGL Ξ³-Sent PCR
SPY $767.92 46.99 50.5 $766.10 Neutral 0.99
QQQ $716.88 47.37 52.9 $710.41 Neutral 0.74
IWM $298.43 51.30 29.9 $300.61 Bearish 1.85

Macro Board

Ticker Price RSI(14) IVR ZGL Ξ³-Sent PCR
VIX 15.08 50.37 43.4 $11.06 Neutral 1.04
TNX 46.64 49.36 45.2 - - -
GLD $420.45 71.35 32.2 $402.59 Neutral 0.50
DXY 99.21 41.80 36.3 - - -
SLV $61.33 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: $82.74 (5d: -5.0%)
  • Brent Crude: $87.58 | Spread: $4.84
  • RBOB Gasoline: $2.9600/gal
  • Heating Oil: $4.0900/gal
  • 3-2-1 Crack Spread: $57.40/bbl (Very wide)
  • XLE (Energy Sector): $62.43
  • UNG (Nat Gas): $10.41

Correlations

Pair 20d Corr Signal
SPY / VIX -0.195 extreme
SPY / DXY -0.04 normal
SPY / TNX -0.54 stretched
SPY / Oil -0.673 stretched

Volatility & Options

  • Volatility Regime: Contango (Normal)
  • MOVE Index (Bond Vol): 69.44
  • VIX/MOVE Ratio: 0.22 (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: $767.92)

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: 99.21
  • 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): $79,316 (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:

  • Consumer Price Index (CPI): 2026-09-11
  • 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 (12):

[1] Russia Central Bank Reserves $ increased to $761.2B from previous $755.6B URL: https://www.fxstreet.com/news/russia-central-bank-reserves-increased-to-7612b-from-previous-7556b-202608271300 Published: Thu, 27 Aug 2026 13:00:16 GMT

[2] Top story: The opening of the Jackson Hole shindigand Mr. Warsh's keynote speech tomorrow URL: https://www.fxstreet.com/analysis/top-story-the-opening-of-the-jackson-hole-shindigand-mr-warshs-keynote-speech-tomorrow-202608271251 Published: Thu, 27 Aug 2026 12:51:09 GMT

[3] Bitcoin experts prefer this defined-risk strategy for the next leg higher in prices URL: https://www.fxstreet.com/cryptocurrencies/news/bitcoin-experts-prefer-this-defined-risk-strategy-for-the-next-leg-higher-in-prices-202608271248 Published: Thu, 27 Aug 2026 12:48:31 GMT

[4] Euro: Choppy range trading outlook - Rabobank URL: https://www.fxstreet.com/news/euro-choppy-range-trading-outlook-rabobank-202608271245 Published: Thu, 27 Aug 2026 12:45:55 GMT

[5] Gold bulls cautious ahead of Jackson Hole: $4,550 or $4,650? URL: https://www.fxstreet.com/analysis/gold-bulls-cautious-ahead-of-jackson-hole-4550-or-4650-202608271241 Published: Thu, 27 Aug 2026 12:41:09 GMT

[6] Nvidia on memory, Europe on compute and Gas, Hormuz on transits and Oil flows URL: https://www.fxstreet.com/analysis/nvidia-on-memory-europe-on-compute-and-gas-hormuz-on-transits-and-oil-flows-202608271238 Published: Thu, 27 Aug 2026 12:38:30 GMT

[7] US Initial Jobless Claims dropped to 203K last week URL: https://www.fxstreet.com/news/us-initial-jobless-claims-dropped-to-203k-last-week-202608271238 Published: Thu, 27 Aug 2026 12:38:12 GMT

[8] United States Goods Trade Balance came in at $-118.8B below forecasts ($-99B) in July URL: https://www.fxstreet.com/news/united-states-goods-trade-balance-came-in-at-1188b-below-forecasts-99b-in-july-202608271232 Published: Thu, 27 Aug 2026 12:32:37 GMT

[9] Cryptocurrencies Price Prediction: Ripple, Bitcoin & Crypto - European Wrap 27 August URL: https://www.fxstreet.com/cryptocurrencies/news/cryptocurrencies-price-prediction-ripple-bitcoin-crypto-european-wrap-27-august-202608271231 Published: Thu, 27 Aug 2026 12:31:18 GMT

[10] United States Wholesale Inventories came in at 1.3%, above forecasts (0.1%) in July URL: https://www.fxstreet.com/news/united-states-wholesale-inventories-came-in-at-13-above-forecasts-01-in-july-202608271231 Published: Thu, 27 Aug 2026 12:31:12 GMT

[11] Canada Current Account came in at 8.84B, above forecasts (-2B) in 2Q URL: https://www.fxstreet.com/news/canada-current-account-came-in-at-884b-above-forecasts-2b-in-2q-202608271231 Published: Thu, 27 Aug 2026 12:31:02 GMT

[12] United States Goods Trade Balance came in at $118.8B, above forecasts ($-99B) in July URL: https://www.fxstreet.com/news/united-states-goods-trade-balance-came-in-at-1188b-above-forecasts-99b-in-july-202608271230 Published: Thu, 27 Aug 2026 12:30:53 GMT

Iran War News

Updates (2):

[1] Iran oil minister says sales continue despite decline Time: 2026-08-27T12:46:40.448Z

[BREAKING] [2] White House says no talks under way with Iran, all options on table Time: 2026-08-27T12:38:40.908Z

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: 185
  • Oil Prices: Brent $88.24 (-4.82%)
  • War Risk Insurance: EXTREME β€” 56.7x normal
  • Tanker Rates: WS105 (+110% vs pre-crisis)
  • Global Impact: 21% of world oil supply at risk; est. $4.2 billion/day economic cost