Market Conditions — 2026-10-14

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Article published Oct 14, 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 -1.0% · QQQ -3.8% · IWM -2.3% · RSP +0.7% 30d: SPY +1.1% · QQQ +2.8% · IWM -5.7% · RSP -1.4%
Volatility VIX 16.87 (NORMAL) · 1d +10.5% Fire-sale window closed — the trigger is a ≥30% one-day spike
Rotation In: Thebuildout Semiconductor Ip Licensors, CPU Shortage Supply Chain, Thebuildout Eda Software, Thebuildout Semiconductor Test Burn In Equipment, Biotech Capital Cycle (+37 more) · Out: Neoclouds, Quantum Computing, Nuclear Fuel Cycle, Alt Managers, Drone Defense (+42 more) 42 in / 47 out / 3 emerging of 125 tracked themes · ranked on trailing 30d strength vs SPY
Credit (7d) HYG -0.5% · LQD +0.6% · IEF +0.7% Orderly credit means the selling is positioning, not a credit event
Hard assets (7d) GLD +0.0% · USO +6.7% · COPX -3.3% Gold · oil · copper miners

Sources

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