Market Conditions — 2026-08-10

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Article published Aug 10, 2026. Prices below use latest available snapshots.

SPY $772.67 +4.0% 30d QQQ $729.87 +5.0% 30d IWM $304.06 +3.4% 30d

A frozen snapshot: each card records its own moment and is meant to read stale later. The strip of cards, in order, is the climate history.

Gauge Read Note
Indexes (7d) SPY +2.0% · QQQ +3.0% · IWM +1.3% · RSP +1.4% 30d: SPY +3.2% · QQQ +1.3% · IWM +2.2% · RSP +2.8%
Volatility VIX 15.46 (CALM) · 1d +3.8% Fire-sale window closed — the trigger is a ≥30% one-day spike
Rotation In: Government Compute, Copper, Cloud SAAS, Cloud ETFS, Web Cloud · Out: Memory, AI Power, CPU Shortage Supply Chain, Nearline Storage, Humanoid Robotics 18 in / 22 out / 5 emerging of 69 tracked themes · ranked on trailing 30d strength vs SPY
Credit (7d) HYG +0.2% · LQD -0.1% · IEF -0.1% Orderly credit means the selling is positioning, not a credit event
Hard assets (7d) GLD +8.3% · USO +3.1% · COPX +12.8% Gold · oil · copper miners

Sources

  • market-pulse + rotation-map.json · data/state/vix-gate.json (all numbers code-computed and frozen at emit)