Market Conditions — 2026-08-26

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Article published Aug 26, 2026. Prices below use latest available snapshots.

SPY $763.25 +1.2% 30d QQQ $709.80 +0.7% 30d IWM $270.44 -4.8% 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 -0.4% · QQQ -0.7% · IWM -0.9% · RSP +0.0% 30d: SPY +3.6% · QQQ +4.3% · IWM +2.1% · RSP +3.2%
Volatility VIX 15.21 (CALM) · 1d -1.5% Fire-sale window closed — the trigger is a ≥30% one-day spike
Rotation In: Copper, Crypto, Hard Assets, Government Compute, IBB (+31 more) · Out: Thebuildout Deposition Equipment, Airlines, Thebuildout Renewable Energy Hyperscaler Ppas, Thebuildout Semiconductor Ip Licensors, AI Power (+41 more) 36 in / 46 out / 1 emerging of 123 tracked themes · ranked on trailing 30d strength vs SPY
Credit (7d) HYG +0.3% · LQD +0.2% · IEF -0.1% Orderly credit means the selling is positioning, not a credit event
Hard assets (7d) GLD +1.8% · USO -2.7% · COPX +8.2% Gold · oil · copper miners

Sources

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