Market Conditions — 2026-09-09

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Article published Sep 9, 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 +1.0% · IWM -1.1% · RSP -1.8% 30d: SPY -1.4% · QQQ -0.6% · IWM -3.1% · RSP -2.5%
Volatility VIX 16.46 (NORMAL) · 1d +4.7% Fire-sale window closed — the trigger is a ≥30% one-day spike
Rotation In: Crypto, Memory, Thebuildout Nand Flash Memory, Food Security, Hard Assets (+26 more) · Out: Drone Defense, China Tech, Airlines, Travel Leisure, Cultural Thesis (+53 more) 31 in / 58 out / 5 emerging of 124 tracked themes · ranked on trailing 30d strength vs SPY
Credit (7d) HYG -0.2% · LQD -0.0% · IEF -0.3% Orderly credit means the selling is positioning, not a credit event
Hard assets (7d) GLD +0.1% · USO +6.3% · COPX +6.0% Gold · oil · copper miners

Sources

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