Finance Analyst Report: 2026-08-28 12:07:36 ET
Signal Alignment
SPY Direction: SPY +0.2% (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 | βͺ NEUTRAL | β | DIX 0.451 moderate, 0DTE PCR 1.08 balanced |
| Gamma | π’ BULLISH | β ALIGNED | GEX +6.7B strong suppression |
| Breadth | π’ BULLISH | β ALIGNED | Breadth 56% β broad participation supports rally |
| Energy | π’ BULLISH | β ALIGNED | Energy STABLE β no macro headwind from oil |
| growth_expectations | π΄ BEARISH | β DIVERGENT | Copper/Gold -8.0% growth collapse Β· real yield 2.34% restrictive |
| Correlations | π΄ BEARISH | β DIVERGENT | SPY/VIX -0.21 extreme, SPY/DXY -0.14 normal, SPY/TNX -0.45 elevated, SPY/Oil -0.57 stretched |
| Volatility | βͺ NEUTRAL | β | VIX 14.5 sub-20 in contango Β· SKEW 144 firm Β· VVIX/VIX 5.97 dealer stress |
| Inflation | π’ BULLISH | β ALIGNED | Stagflation score 22 β low inflation risk |
| carry_risk | π’ BULLISH | β ALIGNED | USD/JPY 5d +0.7% stable, MOVE 70 calm |
| Liquidity | βͺ NEUTRAL | β | Liquidity Adequate, cut prob 11% β hawkish lean but no BS drain |
| Credit | π’ BULLISH | β ALIGNED | HY OAS 2.63% 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: 81/100 (Favorable) |
Leading indicators show DIX stable at 0.451; GEX positive at 6.7B (vol-suppressing); credit spreads tightening (risk appetite improving). Lagging confirmation: VIX at 14.5 (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: $771.39 | 50 SMA $753.39 | 200 SMA $709.41 | +0.0% from 50d | ZGL $769.11
- QQQ: $718.25 | 50 SMA $712.19 | 200 SMA $654.71 | +0.0% from 50d | ZGL $704.72
- IWM: $296.62 | 50 SMA $297.20 | 200 SMA $271.05 | -0.0% from 50d | ZGL $300.83
- VIX: 14.48 β sub-20 (low vol)
- 10Y Yield: 4.712%
Equity & Derivatives Board
| Ticker | Price | RSI(14) | IVR | ZGL | Ξ³-Sent | PCR |
|---|---|---|---|---|---|---|
| SPY | $771.39 | 47.40 | 40.2 | $769.11 | Neutral | 0.81 |
| QQQ | $718.25 | 48.49 | 48.0 | $704.72 | Neutral | 0.83 |
| IWM | $296.62 | 46.33 | 20.8 | $300.83 | Bearish | 7.32 |
Macro Board
| Ticker | Price | RSI(14) | IVR | ZGL | Ξ³-Sent | PCR |
|---|---|---|---|---|---|---|
| VIX | 14.48 | 47.71 | 33.7 | $11.06 | Neutral | 1.06 |
| TNX | 47.12 | 51.28 | 44.8 | - | - | - |
| GLD | $413.71 | 68.12 | 32.2 | $393.33 | Bearish | 4.36 |
| DXY | 99.57 | 45.11 | 26.3 | - | - | - |
| SLV | $61.37 | 66.95 | 10.4 | $46.00 | Neutral | 0.52 |
Dark Pool Activity
- DIX (Dark Index): 0.451
- DIX Signal: Moderate buying
- GEX (Gamma Exposure): 6.72B
Credit Conditions
- HY OAS Spread: 2.63% (Normal)
- BBB Spread: 0.98%
- 2s10s Spread: 0.47% (Flat-ish)
Market Breadth
- Stocks Above 50-Day SMA: 55.6%
- Stocks Above 200-Day SMA: 71.9%
- Breadth Signal: Strong Bullish
- Total Stocks Analyzed: 495
- Mag 7 Concentration: 32.2%
- Top 10 Concentration: 41.7%
Sector Breadth
| Sector | % > 50d SMA | Stocks |
|---|---|---|
| Energy | 94.7% | 0/0 |
| Health Care | 77.8% | 0/0 |
| Consumer Staples | 72.7% | 0/0 |
| Communication Services | 68.4% | 0/0 |
| Materials | 66.7% | 0/0 |
| Financials | 66.2% | 0/0 |
| Technology | 53.8% | 0/0 |
| Consumer Discretionary | 44.1% | 0/0 |
| Industrials | 38.8% | 0/0 |
| Real Estate | 30.8% | 0/0 |
| Utilities | 16.7% | 0/0 |
Energy & Commodities
- Energy Regime: STABLE
- WTI Crude: $83.02 (5d: -2.3%)
- Brent Crude: $87.97 | Spread: $4.95
- RBOB Gasoline: $3.0400/gal
- Heating Oil: $4.2200/gal
- 3-2-1 Crack Spread: $61.18/bbl (Very wide)
- XLE (Energy Sector): $62.47
- UNG (Nat Gas): $10.30
Correlations
| Pair | 20d Corr | Signal |
|---|---|---|
| SPY / VIX | -0.209 | extreme |
| SPY / DXY | -0.145 | normal |
| SPY / TNX | -0.448 | elevated |
| SPY / Oil | -0.574 | stretched |
Volatility & Options
- Volatility Regime: Contango (Normal)
- MOVE Index (Bond Vol): 69.86
- VIX/MOVE Ratio: 0.21 (Normal Relationship)
- 0DTE Call Volume: 2,225,122.0
- 0DTE Put Volume: 2,406,304.0
- 0DTE Put/Call Ratio: 1.08 (Balanced 0DTE Flow)
- 0DTE Notional Dollar Volume: $357.2B
- Gamma Call Wall: $772 | Put Wall: $760 (Spot: $771.39)
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: -11.5% (as of 2026-08-26)
- Squeeze Setup: none (0/4 triggers Β· no triggers active)
- Fragility Flags: Air Pocket none Β· Re-entry none
Macro Fundamentals
- 10Y Yield: 4.71%
- Yield Curve (10Y-3M): 0.98 (Normal)
- DXY: 99.57
- 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: 2.33%
- 5Y5Y Forward: 2.35%
- Stagflation Risk Score: 22/100
Fed & Global Liquidity
- Fed Balance Sheet (WALCL): $6730.9B
- Treasury General Account (TGA): $950.7B
- Reverse Repo (RRP): $0.5B
- US Net Liquidity (WALCL - TGA - RRP): $5,780B
- Liquidity Regime: Adequate
- ECB Balance Sheet: ~$6,892B
- BOJ Balance Sheet: ~$4,042B
- Global Net Liquidity: $16,714B
- BTC-USD (Liquidity Proxy): $78,191 (Neutral)
Active Alerts
- [WARNING] SPY near gamma wall β expect increased resistance/support and potential pinning at key strike.
- [WARNING] 3-2-1 crack spread at $61.18/bbl (vs 20d avg 57.35, +1.9Ο), floor $35.00/bbl β refining margins extremely elevated, consumer fuel price pressure.
- [INFO] Full bullish alignment: DIX 0.451, GEX +6.7B, HY OAS 2.63%, breadth 56%.
- [WARNING] Copper/Gold 20d RoC at -8.0% β growth expectations deteriorating rapidly.
- [WARNING] SKEW at 144 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: 5 fresh PRIMED high-conviction name(s) for 2026-08-28 β FTNT (conviction 73/100, breakout_pullback, calibrated oversold_sympathy hit-rate 52% (n=4760)); PANW (conviction 72/100, breakout_pullback, calibrated failed_breakout hit-rate 50% (n=8800)); ILMN (conviction 69/100, breakout_pullback, calibrated oversold_sympathy hit-rate 52% (n=4760)); AOS (conviction 67/100, range_noise, calibrated oversold_sympathy hit-rate 52% (n=4760)); NOV (conviction 61/100, breakout_pullback, calibrated failed_breakout hit-rate 50% (n=8800)). Calibrated setups only; decision-support, not advice.
- [INFO] Screener: NOV β promotion-ready (87d on list, HIGH conviction 61/100, regime breakout_pullback, calibrated failed_breakout hit-rate 50% (n=8800)).
- [INFO] Screener: NOV β new HIGH-conviction candidate (conviction 61/100, regime breakout_pullback, calibrated failed_breakout hit-rate 50% (n=8800)). Worth a look.
Seasonality
- Current Month: August
- Average Return: +0.38%
- 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
- 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 (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. $6.61 (β6.2% 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)
- NVDA (2026-11-17): EPS Est. $2.34 (β0.1% vs 30d)
- WMT (2026-11-19): EPS Est. $0.64 (β7.1% vs 30d)
FX News Wire
Unread articles (2):
[1] US Dollar Weekly Forecast: Higher for longer is back... and the Dollar likes it URL: https://www.fxstreet.com/analysis/us-dollar-weekly-forecast-higher-for-longer-is-back-and-the-dollar-likes-it-202608281554 Published: Fri, 28 Aug 2026 15:54:45 GMT
[2] Dow Jones Industrial Average round-trips a Fed that promised nothing URL: https://www.fxstreet.com/news/dow-jones-industrial-average-round-trips-a-fed-that-promised-nothing-202608281554 Published: Fri, 28 Aug 2026 15:54:40 GMT
Iran War News
Updates (1):
[1] FT says US move against Banque Misr UAE stops short of broader Iran crackdown Time: 2026-08-28T15:53:40.896Z
Hormuz Strait Status
Strait of Hormuz Dashboard:
- Strait Status: CLOSED (since 2026-02-28, 181 days ago)
- Ships Transiting: 8 of 60 normal daily β 13.3% of normal
- Throughput: 15.0% of normal (0.0M / 10.3M DWT)
- Stranded Vessels: 200
- Oil Prices: Brent $88.24 (-4.82%)
- War Risk Insurance: EXTREME β 56.7x normal
- Tanker Rates: WS372 (+644% vs pre-crisis)
- Global Impact: 21% of world oil supply at risk; est. $2.8 billion/day economic cost