Finance Analyst Report: 2026-08-31 15:30:20 ET
Signal Alignment
SPY Direction: SPY -0.5% (3d) | Alignment: 33% (2 aligned, 4 divergent) Status: MODERATE DIVERGENCE β Moderate divergence β several structural signals disagree with price
| Category | Signal Says | vs SPY | Key Driver |
|---|---|---|---|
| Dark Pool | π΄ BEARISH | β ALIGNED | DIX 0.459 moderate, 0DTE PCR 1.15 put-heavy |
| Gamma | π’ BULLISH | β DIVERGENT | GEX +4.5B strong suppression |
| Breadth | βͺ NEUTRAL | β | Breadth 51% β mixed participation |
| Energy | βͺ NEUTRAL | β | Energy ELEVATED β watch for transmission but not yet bearish |
| growth_expectations | π΄ BEARISH | β ALIGNED | Copper/Gold -7.3% growth collapse Β· real yield 2.34% restrictive |
| Correlations | βͺ NEUTRAL | β | SPY/VIX -0.59 elevated, SPY/DXY -0.16 normal, SPY/TNX -0.33 elevated, SPY/Oil -0.39 elevated |
| Volatility | βͺ NEUTRAL | β | VIX 15.0 sub-20 in contango Β· SKEW 144 firm Β· VVIX/VIX 5.81 dealer stress |
| Inflation | π’ BULLISH | β DIVERGENT | Stagflation score 21 β low inflation risk |
| carry_risk | π’ BULLISH | β DIVERGENT | USD/JPY 5d +0.4% stable, MOVE 70 calm |
| Liquidity | βͺ NEUTRAL | β | Liquidity Adequate, cut prob 11% β hawkish lean but no BS drain |
| Credit | π’ BULLISH | β DIVERGENT | HY OAS 2.60% benign, NFCI -0.566 loose |
Divergence read: SPY slipping but gamma, inflation, and carry flash bullish against the risk-on tape β 4 structural signals refuse to confirm the dip. Watch for: breadth expansion above 55% (bullish resolution).
Market Status
Regime: RISK-ON | Score: 80/100 (Favorable) | Signal-price divergence detected: 4 signals disagree with SPY's 5d trend.
Leading indicators show DIX stable at 0.459; GEX positive at 4.5B (vol-suppressing); credit spreads tightening (risk appetite improving). Lagging confirmation: VIX at 15.0 (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: $766.62 | 50 SMA $753.96 | 200 SMA $709.85 | +0.0% from 50d | ZGL $754.11
- QQQ: $715.42 | 50 SMA $712.06 | 200 SMA $655.17 | +0.0% from 50d | ZGL $712.45
- IWM: $293.60 | 50 SMA $297.31 | 200 SMA $271.31 | -0.0% from 50d | ZGL $297.66
- VIX: 14.99 β sub-20 (low vol)
- 10Y Yield: 4.758%
Equity & Derivatives Board
| Ticker | Price | RSI(14) | IVR | ZGL | Ξ³-Sent | PCR |
|---|---|---|---|---|---|---|
| SPY | $766.62 | 45.72 | 32.7 | $754.11 | Bearish | 1.81 |
| QQQ | $715.42 | 46.65 | 39.0 | $712.45 | Neutral | 1.34 |
| IWM | $293.60 | 41.96 | 22.6 | $297.66 | Bearish | 6.65 |
Macro Board
| Ticker | Price | RSI(14) | IVR | ZGL | Ξ³-Sent | PCR |
|---|---|---|---|---|---|---|
| VIX | 14.99 | 43.60 | 12.9 | $11.06 | Neutral | 1.15 |
| TNX | 47.58 | 52.20 | 45.7 | - | - | - |
| GLD | $407.31 | 54.17 | 38.5 | $388.97 | Neutral | 0.92 |
| DXY | 99.42 | 41.70 | 23.0 | - | - | - |
| SLV | $60.06 | 51.86 | 13.0 | $44.00 | Neutral | 0.59 |
Dark Pool Activity
- DIX (Dark Index): 0.459
- DIX Signal: Moderate buying
- GEX (Gamma Exposure): 4.48B
Credit Conditions
- HY OAS Spread: 2.60% (Normal)
- BBB Spread: 0.97%
- 2s10s Spread: 0.39% (Flat-ish)
Market Breadth
- Stocks Above 50-Day SMA: 51.3%
- Stocks Above 200-Day SMA: 69.8%
- Breadth Signal: Strong Bullish
- Total Stocks Analyzed: 495
- Mag 7 Concentration: 32.1%
- Top 10 Concentration: 41.5%
Sector Breadth
| Sector | % > 50d SMA | Stocks |
|---|---|---|
| Energy | 100.0% | 0/0 |
| Health Care | 77.8% | 0/0 |
| Communication Services | 73.7% | 0/0 |
| Financials | 58.8% | 0/0 |
| Materials | 58.3% | 0/0 |
| Consumer Staples | 54.5% | 0/0 |
| Technology | 53.8% | 0/0 |
| Consumer Discretionary | 44.1% | 0/0 |
| Industrials | 32.8% | 0/0 |
| Real Estate | 11.5% | 0/0 |
| Utilities | 10.0% | 0/0 |
Energy & Commodities
- Energy Regime: ELEVATED
- WTI Crude: $85.73 (5d: +4.1%)
- Brent Crude: $88.17 | Spread: $2.44
- RBOB Gasoline: $3.0900/gal
- Heating Oil: $4.4100/gal
- 3-2-1 Crack Spread: $62.53/bbl (Very wide)
- XLE (Energy Sector): $63.79
- UNG (Nat Gas): $10.50
Correlations
| Pair | 20d Corr | Signal |
|---|---|---|
| SPY / VIX | -0.588 | elevated |
| SPY / DXY | -0.159 | normal |
| SPY / TNX | -0.327 | elevated |
| SPY / Oil | -0.385 | elevated |
Volatility & Options
- Volatility Regime: Contango (Normal)
- MOVE Index (Bond Vol): 69.86
- VIX/MOVE Ratio: 0.21 (Normal Relationship)
- 0DTE Call Volume: 2,888,971.0
- 0DTE Put Volume: 3,311,694.0
- 0DTE Put/Call Ratio: 1.15 (Balanced 0DTE Flow)
- 0DTE Notional Dollar Volume: $475.3B
- Gamma Call Wall: $772 | Put Wall: $765 (Spot: $766.62)
CTA Trend Stack
- SMA Stack Score: 4/4 above
- Position: Above all 4 SMAs (full-stack long)
Positioning & Sentiment
- CFTC E-mini Specs Net: -67,994 contracts (Z +0.86, as of 2026-08-25)
- 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 elevated Β· Re-entry none
Macro Fundamentals
- 10Y Yield: 4.76%
- Yield Curve (10Y-3M): 1.03 (Normal)
- DXY: 99.42
- 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: 2.30% (Near Target)
- 10Y Breakeven: 2.31%
- 5Y5Y Forward: 2.32%
- Stagflation Risk Score: 21/100
Fed & Global Liquidity
- Fed Balance Sheet (WALCL): $6730.9B
- Treasury General Account (TGA): $950.7B
- Reverse Repo (RRP): $0.2B
- US Net Liquidity (WALCL - TGA - RRP): $5,780B
- Liquidity Regime: Adequate
- ECB Balance Sheet: ~$6,855B
- BOJ Balance Sheet: ~$4,031B
- Global Net Liquidity: $16,666B
- BTC-USD (Liquidity Proxy): $78,652 (Neutral)
Active Alerts
- [WARNING] SPY near gamma wall β expect increased resistance/support and potential pinning at key strike.
- [INFO] Full bullish alignment: DIX 0.459, GEX +4.5B, HY OAS 2.60%, breadth 51%.
- [WARNING] Copper/Gold 20d RoC at -7.3% β growth expectations deteriorating rapidly.
- [WARNING] SKEW at 144 β elevated tail-risk hedging activity.
- [WARNING] CTA SMA stack now 4.0/4 β systematic trend trigger fired. Above all 4 SMAs (full-stack long).
- [CRITICAL] AI-1 read is dead: 3 consecutive AI-1 reads could not be parsed (threshold 2). model=claude-opus-4-8, glm-5.2 stop_reason=max_tokens, end_turn. stop_reason=max_tokens means the reply was TRUNCATED β a reasoning model burning the output budget is the known cause; check OPENCODE_GO_REASONING_EFFORT / OPENCODE_GO_MAX_TOKENS. (refresh #3)
- [INFO] Screener: 1 fresh PRIMED high-conviction name(s) for 2026-08-31 β SHOP (conviction 73/100, range_noise, calibrated oversold_sympathy hit-rate 52% (n=4858)). Calibrated setups only; decision-support, not advice.
- [INFO] Screener: 679 name(s) exited the program (1053 exit event(s)) in the trailing 7d (2026-08-25 β 2026-08-31). Reasons: decayed 845, s2_evicted 169, tier_drop 37, horizon_elapsed 1, invalidated_price 1. 648 never ripened, 0 unclassified.
- [INFO] Screener: UNP β promotion-ready (90d on list, HIGH conviction 70/100, regime breakout_pullback, calibrated distribution_top hit-rate 47% (n=2533)).
- [INFO] Screener: AMH β promotion-ready (40d on list, HIGH conviction 68/100, regime breakout_pullback, calibrated distribution_top hit-rate 47% (n=2533)).
Seasonality
- Current Month: August
- Average Return: +0.34%
- 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
- Industrial Production: 2026-09-18
- Gross Domestic Product (GDP): 2026-09-30
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. $6.53 (β7.3% vs 30d)
- AMZN (2026-10-29): EPS Est. $1.95 (β2.3% vs 30d)
- NVDA (2026-11-17): EPS Est. $2.47 (β5.4% vs 30d)
- WMT (2026-11-19): EPS Est. $0.64 (β7.1% vs 30d)
FX News Wire
No new articles found since last report.
Iran War News
No new Iran International updates since last report.
Hormuz Strait Status
Hormuz Strait: no change since last report.
Strait of Hormuz Dashboard:
- Strait Status: CLOSED (since 2026-02-28, 184 days ago)
- Ships Transiting: 3 of 60 normal daily β 1.7% of normal
- Throughput: 2.8% of normal (0.3M / 10.3M DWT)
- Stranded Vessels: 383
- Oil Prices: Brent $88.24 (-4.82%)
- War Risk Insurance: EXTREME β 58.3x normal
- Tanker Rates: WS476 (+852% vs pre-crisis)
- Global Impact: 21% of world oil supply at risk; est. $12.5 billion/day economic cost