Market Conditions — 2026-10-09

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Article published Oct 9, 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 +1.2% · QQQ +0.2% · IWM -0.9% · RSP +1.6% 30d: SPY +2.1% · QQQ +4.9% · IWM -4.0% · RSP -0.8%
Volatility VIX 14.84 (CALM) · 1d -3.7% Fire-sale window closed — the trigger is a ≥30% one-day spike
Rotation In: Cybersec, Thebuildout Semiconductor Ip Licensors, Thebuildout Eda Software, Thebuildout Semiconductor Test Burn In Equipment, CPU Shortage Supply Chain (+44 more) · Out: Nuclear Fuel Cycle, Food Security, Neoclouds, Thebuildout Lithium Battery Metals, Nearline Storage (+34 more) 49 in / 39 out / 4 emerging of 125 tracked themes · ranked on trailing 30d strength vs SPY
Credit (7d) HYG +0.4% · LQD +0.6% · IEF +0.4% Orderly credit means the selling is positioning, not a credit event
Hard assets (7d) GLD +1.2% · USO +0.6% · COPX -0.2% Gold · oil · copper miners

Sources

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