Market Conditions — 2026-09-01

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Article published Sep 1, 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 -0.5% · QQQ -0.4% · IWM -2.9% · RSP -1.9% 30d: SPY +2.0% · QQQ +2.9% · IWM -0.2% · RSP +1.2%
Volatility VIX 16.34 (NORMAL) · 1d +9.5% Fire-sale window closed — the trigger is a ≥30% one-day spike
Rotation In: Hard Assets, Crypto, Government Compute, Cloud SAAS, Thebuildout Lithium Battery Metals (+33 more) · Out: Airlines, Neoclouds, Travel Leisure, Grid Buildout, China Tech (+55 more) 38 in / 60 out / 0 emerging of 124 tracked themes · ranked on trailing 30d strength vs SPY
Credit (7d) HYG -1.0% · LQD -1.5% · IEF -1.5% Orderly credit means the selling is positioning, not a credit event
Hard assets (7d) GLD -7.3% · USO +11.7% · COPX -7.3% Gold · oil · copper miners

Sources

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