Market Conditions — 2026-09-10

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Article published Sep 10, 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 -2.0% · QQQ -1.3% · IWM -2.5% · RSP -3.1% 30d: SPY -1.6% · QQQ -1.4% · IWM -4.4% · RSP -3.4%
Volatility VIX 17.84 (NORMAL) · 1d +8.4% Fire-sale window closed — the trigger is a ≥30% one-day spike
Rotation In: Crypto, Trace Iran War Second And Third Order Effects, Memory, Thebuildout Nand Flash Memory, Food Security (+17 more) · Out: Drone Defense, Airlines, Travel Leisure, China Tech, Quantum Computing (+72 more) 22 in / 77 out / 1 emerging of 124 tracked themes · ranked on trailing 30d strength vs SPY
Credit (7d) HYG -0.7% · LQD -1.1% · IEF -1.2% Orderly credit means the selling is positioning, not a credit event
Hard assets (7d) GLD -3.4% · USO +11.5% · COPX -2.9% Gold · oil · copper miners

Sources

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