Market Conditions — 2026-09-15

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Article published Sep 15, 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 -1.1% · QQQ -1.9% · IWM -3.2% · RSP -1.3% 30d: SPY -2.4% · QQQ -3.6% · IWM -6.5% · RSP -4.0%
Volatility VIX 17.2 (NORMAL) · 1d +0.6% Fire-sale window closed — the trigger is a ≥30% one-day spike
Rotation In: Crypto, Food Security, Canadian OG, Trace Iran War Second And Third Order Effects, Hard Assets (+19 more) · Out: Optical Supply Chain, Drone Defense, Thebuildout Semiconductor Test Burn In Equipment, WFE Test Metrology, Quantum Computing (+78 more) 24 in / 83 out / 1 emerging of 122 tracked themes · ranked on trailing 30d strength vs SPY
Credit (7d) HYG -0.9% · LQD -1.1% · IEF -1.4% Orderly credit means the selling is positioning, not a credit event
Hard assets (7d) GLD -1.4% · USO +10.8% · COPX -10.4% Gold · oil · copper miners

Sources

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