Market Conditions — 2026-09-11

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Article published Sep 11, 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 -0.8% · QQQ -0.6% · IWM -2.4% · RSP -1.9% 30d: SPY -1.1% · QQQ -1.2% · IWM -4.6% · RSP -2.8%
Volatility VIX 15.84 (CALM) · 1d -11.2% Fire-sale window closed — the trigger is a ≥30% one-day spike
Rotation In: Crypto, Trace Iran War Second And Third Order Effects, Food Security, Thebuildout Nand Flash Memory, Memory (+9 more) · Out: Drone Defense, Quantum Computing, Space, Thebuildout Deposition Equipment, Travel Leisure (+74 more) 14 in / 79 out / 5 emerging of 124 tracked themes · ranked on trailing 30d strength vs SPY
Credit (7d) HYG -0.7% · LQD -1.1% · IEF -1.3% Orderly credit means the selling is positioning, not a credit event
Hard assets (7d) GLD -2.0% · USO +9.1% · COPX -2.4% Gold · oil · copper miners

Sources

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