Market Conditions — 2026-10-12

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Article published Oct 12, 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 +0.4% · QQQ -1.3% · IWM -1.9% · RSP +1.0% 30d: SPY +1.8% · QQQ +4.4% · IWM -3.8% · RSP -0.8%
Volatility VIX 15.21 (CALM) · 1d +2.5% Fire-sale window closed — the trigger is a ≥30% one-day spike
Rotation In: Cybersec, Thebuildout Semiconductor Ip Licensors, CPU Shortage Supply Chain, Thebuildout Eda Software, Thebuildout Semiconductor Test Burn In Equipment (+21 more) · Out: Neoclouds, Food Security, Quantum Computing, Nearline Storage, Nuclear Fuel Cycle (+48 more) 26 in / 53 out / 5 emerging of 125 tracked themes · ranked on trailing 30d strength vs SPY
Credit (7d) HYG +0.4% · LQD +0.7% · IEF +0.6% Orderly credit means the selling is positioning, not a credit event
Hard assets (7d) GLD +0.7% · USO +4.9% · COPX -1.1% Gold · oil · copper miners

Sources

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