Market Conditions

Conditions

Market Conditions

Market Conditions — 2026-08-18

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 -0.1% · IWM -0.3% · RSP -0.4% 30d: SPY +3.3% · QQQ +3.2% · IWM +2.1% · RSP +3.0%
Volatility VIX 15.84 (CALM) · 1d +4.3% Fire-sale window closed — the trigger is a ≥30% one-day spike
Rotation In: Government Compute, Web Cloud, Copper, Cloud SAAS, Space (+23 more) · Out: Cultural Thesis, Grid Buildout, AI Power, Airlines, EV Clean Energy (+15 more) 28 in / 20 out / 0 emerging of 70 tracked themes · ranked on trailing 30d strength vs SPY
Credit (7d) HYG +0.1% · LQD -0.1% · IEF +0.1% Orderly credit means the selling is positioning, not a credit event
Hard assets (7d) GLD -0.6% · USO +2.4% · 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)
8 events

No direct external sources are attached to this read.