Market Conditions — 2026-09-23

Article Ticker Tape

Article published Sep 23, 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 +1.8% · QQQ +5.2% · IWM -0.7% · RSP -0.5% 30d: SPY +0.6% · QQQ +4.9% · IWM -5.4% · RSP -4.8%
Volatility VIX 15.18 (CALM) · 1d +6.8% Fire-sale window closed — the trigger is a ≥30% one-day spike
Rotation In: Thebuildout Dram Memory, Thebuildout Nand Flash Memory, Cybersec, Thebuildout High Speed Pcbs Server Networking, Memory (+46 more) · Out: Travel Leisure, Livestock Disease, Alt Managers, Lazarus, Consumer (+36 more) 51 in / 41 out / 5 emerging of 122 tracked themes · ranked on trailing 30d strength vs SPY
Credit (7d) HYG -0.4% · LQD -0.5% · IEF -0.6% Orderly credit means the selling is positioning, not a credit event
Hard assets (7d) GLD +0.3% · USO -4.7% · COPX +3.4% Gold · oil · copper miners

Sources

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