Market Conditions — 2026-10-02

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Article published Oct 2, 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 -0.2% · QQQ +0.7% · IWM -0.2% · RSP -0.7% 30d: SPY +0.6% · QQQ +5.7% · IWM -4.3% · RSP -4.1%
Volatility VIX 15.31 (CALM) · 1d -6.6% Fire-sale window closed — the trigger is a ≥30% one-day spike
Rotation In: Thebuildout Semiconductor Test Burn In Equipment, CPU Shortage Supply Chain, WFE Test Metrology, Thebuildout Data Center Networking Silicon, Cybersec (+68 more) · Out: Alt Managers, Lazarus, Nuclear Fuel Cycle, Food Security, Trace Lng Liquefaction Shipping And Regasification (+32 more) 73 in / 37 out / 0 emerging of 124 tracked themes · ranked on trailing 30d strength vs SPY
Credit (7d) HYG -1.2% · LQD -1.3% · IEF -1.1% Orderly credit means the selling is positioning, not a credit event
Hard assets (7d) GLD -3.4% · USO -0.7% · COPX -0.9% Gold · oil · copper miners

Sources

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