Daily Market Report

Equities Climb While Crypto Bleeds Into Fear

Live Refreshed 27 May 2026 05:02 UTC · 07:02 CEST

01Daily Summary

Mixed Signals
Refreshed 27 May 2026 05:02 UTC · 07:02 CEST Sources ⓘ

A sharp equity-crypto divergence defines today's tape. The S&P 500 rose 0.61% to 7,519 on geopolitical optimism and tech strength, yet BTC spot ETFs hemorrhaged $334M in a single session while crypto Fear & Greed sank to 25 (Extreme Fear). WTI crude surged 3.0% to $112.25, reinforcing sticky inflation concerns with headline CPI still at 3.81% and PPI near 6.0%. The 30-year Treasury yield at 5.07% and CAPE 10 at 42.32 (well above its 17.4 long-run mean) keep the late-cycle warning lights flashing.

S&P 500+0.61%NASDAQ+1.19%US10Y−1 bpWTI+2.99%Gold+0.23%BTC−1.47%ETH−1.01%DXY−0.05%VIX+2.53%

02Macro Snapshot

Mixed signals
Refreshed 27 May 2026 05:02 UTC · 07:02 CEST Sources ⓘ
Benchmark Rates Latest Δ vs Prior Released Next Release Implication
Fed Ratei 3.50 – 3.75 % unchanged 29 Apr 2026 17 Jun 2026 The 3.50–3.75 % fed funds band signals steady policy for risk assets.
ECB Ratei 2.00 % unchanged 16 Apr 2026 4 Jun 2026 ECB rate at 2.00 % supports European risk assets and lower EUR rates.
BoJ Ratei 0.75 % unchanged 28 Apr 2026 16 Jun 2026 BoJ rate at 0.75 % keeps JPY carry trade attractive for global risk.
SOFRi 3.55 % +4 bp daily tomorrow SOFR at 3.55 % after a 4 bp rise tightens short-end USD funding.
IPOR USDCi 3.81 % +26 bp real-time — USDC IPOR at 3.81 % beats SOFR by 0.26 pp indicating strong leverage demand.
IPOR WETHi 1.81 % −1 bp real-time — WETH IPOR at 1.81 % reflects current onchain cost of borrowing ETH.
ETH Ratei 2.37 % — real-time — ETH staking yield at 2.37 % provides native return for holding staked ETH.
Inflation Latest Δ vs Prior Released Next Release Implication
CPI YoY (headline)i 3.8 % +0.6 pp 12 May 2026 10 Jun 2026 Headline CPI at 3.8 % keeps Fed cautious on further rate cuts.
CPI YoY (core)i 2.8 % +0.1 pp 12 May 2026 10 Jun 2026 Core CPI at 2.8 % shows moderate underlying inflation persistence.
PPI YoY (headline)i 6.0 % +1.7 pp 13 May 2026 11 Jun 2026 PPI at 6.0 % signals strong upstream price pressures ahead of CPI.
PPI YoY (core)i 5.2 % +1.3 pp 13 May 2026 11 Jun 2026 Core PPI at 5.2 % indicates persistent upstream inflation above core CPI.
Labor Latest Δ vs Prior Released Next Release Implication
Nonfarm Payrollsi (m/m) 158.74 M jobs +115 k 8 May 2026 5 Jun 2026 NFP gain of 115 k points to modest labor market expansion.
Unemployment Ratei 4.3 % unchanged pp 8 May 2026 5 Jun 2026 Unemployment rate at 4.3 % indicates rising labor market slack.
Activity Latest Δ vs Prior Released Next Release Implication
Industrial Productioni (YoY) +1.4 % +0.6 pp 15 May 2026 15 Jun 2026 Industrial production up 1.4 % YoY shows steady manufacturing activity.
Retail Salesi (m/m) +0.5 % −1.4 pp 14 May 2026 17 Jun 2026 Retail sales rise of 0.5 % m/m confirms resilient consumer demand.
ISM Manufacturing PMIi 52.7 +0.3 April 2026 — ISM manufacturing at 52.7 signals ongoing factory sector expansion.
ISM Services PMIi 53.6 -0.4 April 2026 — ISM services at 53.6 confirms continued services sector expansion.
Yield Curve Latest Δ vs Prior Released Next Release Implication
US 10Y2Y Spreadi 43 bp — daily tomorrow Positive curve. Recession odds receding.
Sentiment Latest Δ vs Prior Released Next Release Implication
CNN Fear & Greedi (Equity) 61 (Greed) unchanged daily tomorrow CNN Fear & Greed at 61 reflects Greed regime in equity markets.
Crypto Fear & Greedi 25 (Extreme Fear) −9 daily tomorrow Crypto Fear & Greed at 25 signals Extreme Fear creating potential opportunity.
News Sentimenti +17 (Greed) +26 every 30 min — News sentiment at +17 shows Greed in current article narratives.

03News Sentiment

Greed
Refreshed 27 May 2026 05:02 UTC · 07:02 CEST Sources ⓘ
Last 7 days · overall score (EWMA-smoothed) range −38 to +37 · current +17 (Greed) · +26 24h
7 days ago today
Direction
bull 78% bear 22% ± 13% uncertainty
Coverage
macro 49% crypto 45% mixed 6%
What's driving today's news sentiment Top 6 · sorted by impact
−28 Bearish short-term
Ethereum price shows bearish consolidation near key resistance levels amid weakening market sentiment
Ethereum price declined below critical support levels, consolidating near $2,050-$2,100 with bearish momentum indicated by technical indicators. Market sentiment suggests possible further downside if $2,100 resistance is not breached.
newsbtc.comconf 85% ETH
−25 Bearish ASX shares near decade low amid rising costs and broker profit downgrades bloomberg.com
−15 Neutral Bitcoin nears $75K amid golden cross setup; ZEC drops 9%, signaling technical uncertainty coindesk.com
−12 Neutral Ex-Chicago Fed President Evans signals cautious monetary policy balancing inflation and growth bloomberg.com
+10 Neutral Crypto firms gain visibility at 2026 World Cup despite no official FIFA sponsorship beincrypto.com
+10 Neutral Nvidia's new CPU raises competitive concerns for AMD and Intel with potential tech sector impact nasdaq.com

04.1Tech Equitiesi

Mixed
Refreshed 27 May 2026 05:02 UTC · 07:02 CEST Sources ⓘ

The cohort split 5-of-9 green, but the headline movers were at the edges: AMD surged nearly 8% and INTC added 3%, lifting the semiconductor tail, while MSFT slipped 0.6% and AAPL drifted lower. TSLA and GOOGL posted modest gains north of 1.5%, but the mega-cap core (AAPL, MSFT, AMZN, NVDA) was collectively flat to red, leaving the session's energy concentrated in the chip names.

AAPLApple
$308.33−0.16%
Day Range $307.69 — $311.82
P/E TTMi37.0 P/E Fwdi32.1 50-DMAi+13.5% 200-DMAi+17.7% RSI(14)i77 YTDi+13.8% % from ATHi−1.1% Sharpe(1Y)i+1.84
MSFTMicrosoft
$416.03−0.61%
Day Range $413.02 — $419.77
P/E TTMi24.7 P/E Fwdi21.4 50-DMAi+3.8% 200-DMAi−9.5% RSI(14)i52 YTDi−12.0% % from ATHi−25.1% Sharpe(1Y)i+0.59
GOOGLAlphabet
$388.88+1.54%
Day Range $382.60 — $389.26
P/E TTMi29.4 P/E Fwdi27.4 50-DMAi+13.4% 200-DMAi+30.9% RSI(14)i61 YTDi+23.4% % from ATHi−4.8% Sharpe(1Y)i+3.08
AMZNAmazon
$265.29−0.39%
Day Range $262.07 — $269.30
P/E TTMi31.4 P/E Fwdi30.2 50-DMAi+9.1% 200-DMAi+15.0% RSI(14)i57 YTDi+17.1% % from ATHi−4.8% Sharpe(1Y)i+1.44
NVDANVIDIA
$214.86−0.22%
Day Range $212.00 — $218.18
P/E TTMi32.7 P/E Fwdi24.3 50-DMAi+8.8% 200-DMAi+14.8% RSI(14)i53 YTDi+13.8% % from ATHi−9.2% Sharpe(1Y)i+2.25
METAMeta Platforms
$612.34+0.34%
Day Range $605.30 — $614.47
P/E TTMi22.0 P/E Fwdi18.6 50-DMAi−0.9% 200-DMAi−8.5% RSI(14)i46 YTDi−5.9% % from ATHi−23.1% Sharpe(1Y)i+0.70
TSLATesla
$433.59+1.78%
Day Range $426.12 — $435.20
P/E TTMi361.8 P/E Fwdi227.8 50-DMAi+11.4% 200-DMAi+5.6% RSI(14)i61 YTDi−1.0% % from ATHi−13.1% Sharpe(1Y)i+1.40
INTCIntel
$123.52+3.07%
Day Range $117.35 — $125.62
P/E TTMin/a P/E Fwdi114.7 50-DMAi+58.4% 200-DMAi+159.0% RSI(14)i70 YTDi+213.7% % from ATHi−7.0% Sharpe(1Y)i+2.78
AMDAMD
$503.89+7.78%
Day Range $480.23 — $506.96
P/E TTMi164.1 P/E Fwdi67.7 50-DMAi+62.9% 200-DMAi+116.7% RSI(14)i77 YTDi+125.5% % from ATHi−0.6% Sharpe(1Y)i+2.89

04.2Indices

Bullishi
Refreshed 27 May 2026 05:02 UTC · 07:02 CEST Sources ⓘ

Semiconductors dominated the tape with SOXX exploding 6.1% higher, dragging the Nasdaq up 1.2% and the S&P 500 up 0.6%, while the Dow slipped 0.2% as non-tech heavyweights lagged. Small caps joined the bid with the Russell 2000 up 1.8%, suggesting risk appetite extended beyond mega-cap tech. The SPX-vs-RSP YTD gap sits at a modest +1.97 pp (9.63% vs 7.66%), indicating breadth remains reasonably healthy with no extreme Mag7 concentration at this point. VIX ticked up to 17.01 despite the equity rally, a mild divergence worth monitoring. Globally, EM outperformed sharply (EEM +3.8%) while Hong Kong was the outlier to the downside (Hang Seng -0.9%).

US Equity Benchmarks
SPXS&P 500
7,519.12+0.61%
Day Range 7,501.10 — 7,539.09
50-DMAi+7.3% 200-DMAi+10.4% RSI(14)i70 YTDi+9.6% % from ATHiATH Sharpe(1Y)i+2.65
IXICNasdaq Comp.
26,656.18+1.19%
Day Range 26,520.30 — 26,725.29
50-DMAi+11.0% 200-DMAi+15.3% RSI(14)i71 YTDi+14.7% % from ATHiATH Sharpe(1Y)i+2.75
DJIDow Jones Ind.
50,461.68−0.23%
Day Range 50,356.64 — 50,785.68
50-DMAi+4.4% 200-DMAi+5.9% RSI(14)i63 YTDi+4.3% % from ATHi−0.4% Sharpe(1Y)i+1.93
RUTRussell 2000
2,920.54+1.79%
Day Range 2,892.31 — 2,923.04
50-DMAi+8.5% 200-DMAi+14.7% RSI(14)i65 YTDi+16.4% % from ATHiATH Sharpe(1Y)i+2.15
SOXXSemiconductors
570.09+6.10%
Day Range 555.41 — 572.91
50-DMAi+34.5% 200-DMAi+72.0% RSI(14)i75 YTDi+81.7% % from ATHiATH Sharpe(1Y)i+3.48
Risk & Breadth Gauges
RSPiS&P 500 Eq-Wt
207.64+0.51%
Day Range 206.93 — 208.18
50-DMAi+4.3% 200-DMAi+6.9% RSI(14)i66 YTDi+7.7% vs SPX YTDi−2.0pp Cap-weight sharei+20%
VIXiVolatility Idx
17.01+2.53%
Day Range 16.92 — 17.01
50-DMAi−17.3% 200-DMAi−7.4% RSI(14)i43 YTDi+17.2%
DXYTrade-Wt. USD
111.87−0.05%
5-day Range 111.51 — 111.93
50-DMAi+0.3% 200-DMAi+0.4% RSI(14)i60 YTDi+0.6%
World Markets
FTSEFTSE 100
10,491.39+0.24%
Day Range 10,461.10 — 10,557.16
50-DMAi+1.5% 200-DMAi+5.9% RSI(14)i56 YTDi+5.4% % from ATHi−4.1% Sharpe(1Y)i+2.05
N225Nikkei 225
65,524.77+0.81%
Day Range 65,256.30 — 66,428.81
50-DMAi+13.6% 200-DMAi+27.7% RSI(14)i70 YTDi+26.4% % from ATHiATH Sharpe(1Y)i+2.71
HSIHang Seng
25,374.00−0.88%
Day Range 25,348.00 — 25,638.41
50-DMAi−1.5% 200-DMAi−2.4% RSI(14)i41 YTDi−3.7% % from ATHi−9.6% Sharpe(1Y)i+0.92
Global Equity Baskets
URTHMSCI World
204.00+0.72%
Day Range 203.43 — 204.33
50-DMAi+6.5% 200-DMAi+9.8% RSI(14)i68 YTDi+9.4% % from ATHiATH Sharpe(1Y)i+2.49
EEMMSCI Emerging
68.40+3.83%
Day Range 67.66 — 68.50
50-DMAi+10.5% 200-DMAi+20.3% RSI(14)i64 YTDi+21.6% % from ATHiATH Sharpe(1Y)i+2.33
Valuations
CAPE 10iShiller P/E
42.3Overvalued
+0.68% today
Long-run mean17.4 Median16.1 All-time high44.2 (Dec 1999) % from ATHi−4.2%
Trailing P/EiS&P 500 (TTM)
32.4Overvalued
+0.68% today
Long-run mean16.2 Median15.1 All-time high123.7 (May 2009)
Sector Rotationi 11 GICS sectors · today's % change · sorted best to worst
Tech+1.34%
Telecom+0.82%
Utilities+0.45%
Industrials+0.30%
Discretionary−0.09%
Materials−0.20%
Financials−0.39%
Energy−0.49%
Healthcare−0.67%
Real Estate−0.75%
Staples−2.02%

04.3US Rates · Treasuries & Credit

Bid
Refreshed 27 May 2026 05:02 UTC · 07:02 CEST Sources ⓘ

The curve bear-flattened at the front end: the 2Y rose 5 bp to 4.13% while the 10Y eased 1 bp to 4.56% and the 30Y fell 3 bp to 5.07%, compressing the 2s10s spread to +43 bp. Real rates dipped 2 bp to 2.16% on the 10Y TIPS with breakevens unchanged at 2.40%, meaning the nominal decline in the long end was entirely a real-rate move rather than any shift in inflation expectations. Credit markets were inert: HY OAS held at 274 bp and IG OAS at 74 bp, both flat on the day, signaling no stress despite the front-end repricing.

US2YiTreasury 2Y
4.13%+5 bp
5D range 4.04 — 4.13
5-day Δ+4 bp YTD Δ+66 bp
US10YiTreasury 10Y
4.56%−1 bp
5D range 4.56 — 4.67
10–2 spread+43 bp YTD Δ+37 bp
US30YiTreasury 30Y
5.07%−3 bp
5D range 5.07 — 5.18
5-day Δ−5 bp YTD Δ+21 bp
Fiscal
US Debt & Servicing
US Debt & Servicing
Total Public Debti
$39.11T +$41.0B (1d)
+8.0% YoY
Annual Interest (gross)i
$1.31T +9.7% YoY
gross · avg rate 3.34%
Rate & Rollover Risk
Wtd Avg Rate on Debti
3.34% +0.05pp YoY
on total interest-bearing debt
Maturing < 1 Yeari
25.7%
~$10.04T · refinancing-risk gauge
Macro Bond
Real Rates & Credit
Real Rates & Inflation Expectations
10Y TIPS Reali
2.16% −2 bp
10Y nominal − inflation expectations
10Y Breakeveni
2.40% 0 bp
market-implied 10Y CPI
Credit Spreads
HY OASi
2.74% 0 bp
ICE BofA US HY
IG OASi
0.74% 0 bp
tight · late-cycle

04.4Japan Rates · JGB Curve

Offered
Refreshed 27 May 2026 05:02 UTC · 07:02 CEST Sources ⓘ

Japanese Government Bond yields across the curve. Falling yields = bond prices up (bid); rising yields = bonds offered. BoJ policy moves transmit here first and set the JPY carry-trade backdrop.

JP2YiJGB 2Y
1.42%+0 bp
5D range 1.42 — 1.46
5-day Δ−3 bp YTD Δ+23 bp
JP10YiJGB 10Y
2.71%+3 bp
5D range 2.69 — 2.77
10–2 spread+129 bp YTD Δ+60 bp
JP30YiJGB 30Y
3.87%−1 bp
5D range 3.87 — 4.00
5-day Δ−18 bp YTD Δ+47 bp

04.5Commodities

Bullish
Refreshed 27 May 2026 05:02 UTC · 07:02 CEST Sources ⓘ

Energy caught a broad bid with WTI up 3.0%, Brent up 2.4%, and natural gas surging 6.2%, making it the standout commodity move of the session. Gold edged higher to $4,512.70 (+0.2%) and silver gained 0.9% to $77.30, a quiet session for metals relative to the energy complex.

CLWTI Crude
$112.25+2.99%
5D range $104.52 — $112.25
50-DMAi+12.7% 200-DMAi+56.5% RSI(14)i62 YTDi+96.2%
COBrent
$116.73+2.43%
5D range $110.28 — $116.73
50-DMAi+4.5% 200-DMAi+50.0% RSI(14)i55 YTDi+88.3%
NGNatural Gas
$3.07+6.23%
5D range $2.79 — $3.07
50-DMAi+6.7% 200-DMAi−16.7% RSI(14)i59 YTDi+8.9%
XAUGold
$4,512.70+0.23%
5D range $4,495.00 — $4,528.10
50-DMAi−3.4% 200-DMAi−0.9% RSI(14)i41 YTDi+2.9%
XAGSilver
$77.30+0.90%
5D range $76.81 — $77.90
50-DMAi+0.6% 200-DMAi+8.6% RSI(14)i49 YTDi+6.2%

04.6Crypto Assets

Bearish
Refreshed 27 May 2026 05:02 UTC · 07:02 CEST Sources ⓘ

Crypto pulled back broadly, with total market cap down 1.1% and all three majors in the red: BTC at $75,458 (-1.5%), ETH at $2,070 (-1.0%), and SOL at $83.53 (-0.7%). BTC dominance held at 57.9%, showing no rotation into alts during the drawdown. The Fear & Greed index sits at 25 (Extreme Fear), consistent with the negative tone but contrasting with perp funding that remains positive (BTC +11.0% APR, ETH +5.3% APR), suggesting leveraged longs have not fully capitulated. Spot ETF flows reinforced the cautious mood with BTC seeing $334M in outflows and ETH losing $35M. DeFi TVL slipped 1.1%, tracking the broader market decline without amplifying it.

BTCBitcoin
$75,458.40−1.47%
Day Range $75,180.98 — $77,881.00
50-DMAi−1.9% 200-DMAi−6.2% RSI(14)i42 % from ATHi−40.1% Sharpe(1Y)i−0.93
ETHEthereum
$2,069.88−1.01%
Day Range $2,053.39 — $2,135.38
50-DMAi−8.6% 200-DMAi−18.5% RSI(14)i36 % from ATHi−57.6% Sharpe(1Y)i−1.05
SOLSolana
$83.53−0.73%
Day Range $82.79 — $85.92
50-DMAi−3.4% 200-DMAi−21.8% RSI(14)i42 % from ATHi−71.5% Sharpe(1Y)i−1.03
ENAEthena
$0.0955−1.30%
Day Range $0.0945 — $0.0981
50-DMAi−13.2% 200-DMAi−40.3% RSI(14)i38 % from ATHi−93.7% Sharpe(1Y)i−1.80
HYPEHyperliquid
$60.75+2.04%
Day Range $59.38 — $61.07
50-DMAi+38.0% 200-DMAi+76.1% RSI(14)i69 % from ATHi−2.9% Sharpe(1Y)i+1.02
PUMPPump.fun
$0.001776+0.61%
Day Range $0.001758 — $0.001850
50-DMAi−1.3% 200-DMAi−19.3% RSI(14)i47 % from ATHi−79.3% Sharpe(1Y)i−0.32
Crypto Market
Macro Indicators
Market Caps & Dominance
BTC Mcapi
$1.51T −1.47%
57.9% of total
ETH Mcap
$249.8B −1.01%
9.6% of total
Stablecoin Mcap
$321.4B −0.01%
circulating supply
Total Crypto Mcap
$2.61T −1.14%
global market cap
Trading Volumes (24h)
CEX Volume (spot)
$98.7B +47.95%
24h · CoinGecko aggregate
DEX Volume (spot)
$6.5B +19.85%
24h · DefiLlama all chains
CEX Volume (perp)
$252.9B +41.86%
24h · derivatives exchanges
Hyperliquid (perp)
$5.7B +60.67%
24h · 230+ markets
DeFi Activity
Global DeFi TVL
$81.2B −1.10%
all chains
Lending TVL
$40.4B −1.42%
money markets
DEX TVL
$13.1B −0.41%
liquidity pools
ETH Staking APR
2.37%
Lido stETH base rate
Leverage & Sentiment
BTC Fundingi
+10.95% APR longs pay
8h · Binance perp
ETH Fundingi
+5.32% APR longs pay
8h · Binance perp
BTC L/S Ratioi
1.28 large traders long
1.28× longs vs shorts
Crypto F&Gi
25 Extreme Fear
Δ −9 vs yesterday · 0-100
IPOR Rates
USDCi
3.81% +0.26 pp vs SOFR
24h avg 4.25%
USDTi
2.92% −0.63 pp vs SOFR
24h avg 2.96%
DAIi
2.72% −0.83 pp vs SOFR
24h avg 2.71%
WETHi
1.81% −0.01 pp vs avg
24h avg 1.82%

04.7Pre-IPO & Onchain Equity Perpsi

Bearishi
Refreshed 27 May 2026 05:02 UTC · 07:02 CEST Sources ⓘ

Pre-IPO perps on Hyperliquid are trading at an average premium of +14.96% above oracle valuations, with Anthropic leading at +16.30%, followed by OpenAI at +14.96% and SpaceX at +13.63%.

SPACEXi SpaceX
$2.28T -1.26% 24h
+13.63% vs oraclei
Oraclei$2.01T Last roundi$137B · Jan 2023 Financialsi$18.7B · FY25 P/S (oracle)i107.4× OIi1,977 Fundingi+45.0%/yr Vol 24h$71k
Cross-venuei xyz:SPCX · $201.89/share · -2.07% · vol $14.9M
ANTHROPICi Anthropic
$1.45T +1.97% 24h
+16.30% vs oraclei
Oraclei$1.24T Last roundi$380B · Feb 2026 Financialsi$19.2B · Q1 26 P/S (oracle)i28.5× fwd · 64.8× TTM OIi4,997 Fundingi+66.4%/yr Vol 24h$365k
OPENAIi OpenAI
$1.37T +5.56% 24h
+14.96% vs oraclei
Oraclei$1.19T Last roundi$852B · Mar 2026 Financialsi$24B · Mar 26 P/S (oracle)i49.6× OIi2,585 Fundingi+50.8%/yr Vol 24h$888k
CRCLi Circle Internet
$103.82 -8.59% 24h
OIi329,186 Fundingi+50.3%/yr Vol 24h$34.2M
COINi Coinbase
$179.51 -4.01% 24h
OIi24,242 Fundingi+22.1%/yr Vol 24h$4.4M
MSTRi MicroStrategy
$158.33 -2.24% 24h
OIi103,660 Fundingi+5.5%/yr Vol 24h$7.3M

Sector-thematic equity baskets

MAG7i Magnificent 7
69.45 -0.54% 24h
OIi7,937 Fundingi0.0%/yr Vol 24h$44k
SEMISi Semiconductors
604.50 +2.94% 24h
OIi527 Fundingi0.0%/yr Vol 24h$102k
DEFENSEi Defense
65.65 +0.03% 24h
OIi1,891 Fundingi0.0%/yr Vol 24h$14k
ROBOTi Robotics
40.88 -1.40% 24h
OIi2,692 Fundingi0.0%/yr Vol 24h$27k
NUCLEARi Nuclear
133.88 +1.06% 24h
OIi1,200 Fundingi0.0%/yr Vol 24h$16k

04.8Crypto Treasuries & Spot ETF Flows

Distributing
Refreshed 27 May 2026 05:02 UTC · 07:02 CEST Sources ⓘ

Corporate and fund-level BTC treasuries total 1,272,129 BTC (~$96.0B, 6.06% of supply), while ETH holdings stand at 7,383,099 ETH (~$15.3B, 6.12% of supply) and SOL at 18.5M tokens (~$1.5B, 3.19% of supply). Spot ETF flows were decisively negative over the past week: BTC lost $610M (including $334M on the latest day) and ETH shed $102M, while SOL was the lone bright spot with $16M in 7-day inflows.

Asset Total Held USD Value % of Supply Top Public Holders
₿
Bitcoin
BTC
 1.27 M BTC $96.0 B 6.06% Strategy 844k · XXI 44k · Metaplanet 40k · MARA Holdings 35k · Bitcoin Standard Treasury Company 30k
Ξ
Ethereum
ETH
 7.38 M ETH $15.3 B 6.12% BitMine Immersion 5.39M · SharpLink 869k · The Ether Machine 497k · Coinbase Global 151k · Bit Digital 140k
◎
Solana
SOL
 18.46 M SOL $1.5 B 3.19% Forward Industries 7.01M · DeFi Development Corp. 2.22M · Upexi 2.17M · Sharps Technology 2.08M · Solana Company 2.06M
Spot ETF Flows
Source: Farside Investors · AUM via FMP
BTC 13 funds · IBIT, FBTC, BITB… Top 5 of 13 funds (by AUM) 1. IBIT BlackRock $60.9 B 2. FBTC Fidelity $14.2 B 3. GBTC Grayscale $11.3 B 4. BITB Bitwise $4.7 B 5. BTC Grayscale Mini $4.0 B + 8 more Flow data as of 26 May 2026
AUM
$100.4 B
24h Flow−$334 M
7-day Flow−$610 M
YTD Flowi+$202 M
ETH 10 funds · ETHA, ETHB, FETH… Top 5 of 10 funds (by AUM) 1. ETHA BlackRock $6.2 B 2. ETH Grayscale Mini $1.7 B 3. ETHE Grayscale $1.7 B 4. FETH Fidelity $1.2 B 5. ETHB BlackRock $597.2 M + 5 more Flow data as of 26 May 2026
AUM
$11.9 B
24h Flow−$35 M
7-day Flow−$102 M
YTD Flowi−$737 M
SOL 6 funds · BSOL, VSOL, FSOL… Top 5 of 6 funds (by AUM) 1. BSOL Bitwise $560.0 M 2. GSOL Grayscale $109.5 M 3. VSOL VanEck $14.9 M 4. SOEZ Franklin $9.4 M 5. TSOL VanEck $3.2 M + 1 more Flow data as of 22 May 2026
AUM
$697.1 M
24h Flow+$6 M
7-day Flow+$16 M
YTD Flowi+$47 M

05Technical Dashboard

Mixed
Refreshed 27 May 2026 05:02 UTC · 07:02 CEST Sources ⓘ
Asset Last Trendi Supporti Resistancei RSIi RSI Status Signal
SPX S&P 500 7,519.12 Bullish 7,005.70 7,539.09 70 Overbought Holdconf 65%
IXIC Nasdaq Comp. 26,656.18 Bullish 24,017.87 26,725.29 71 Overbought Holdconf 65%
DXY Dollar Index 111.87 USD ↑ 111.50 111.93 60 Neutral Sellconf 75%
VIX Volatility 17.01 Suppressed 16.92 18.36 43 Neutral Hedgeconf 55%
US10Y US 10Y Yield 4.56% Yields ↑ 4.37% 4.67% 61 Neutral Sell bondsconf 75%
CL WTI Crude $112.25 Bullish $99.60 $112.25 62 Neutral Buyconf 75%
XAU Gold $4,513 Bearish $4,495 $4,556 41 Neutral Sellconf 60%
BTC Bitcoin $75,458 Bearish $75,181 $76,939 42 Neutral Sellconf 75%
ETH Ethereum $2,070 Bearish $2,053 $2,264 36 Neutral Sellconf 75%

06Key Events

Next 7 days
Refreshed 27 May 2026 05:02 UTC · 07:02 CEST Sources ⓘ

Eight high-impact US macro releases land in the first days of June, headlined by ISM Manufacturing PMI on June 1, JOLTS Job Openings on June 2, and a cluster of ISM Services and Non-Manufacturing prints on June 3. On the earnings side, CRM reports today (May 27), COST follows tomorrow, and AVGO closes the week on June 3, giving markets fresh reads on enterprise software, consumer staples, and semiconductor demand in quick succession.

U.S. Macro Releases — FMP economic calendar (filtered)

  • Tomorrow
    12:30 UTC · 14:30 CEST     Core PCE Price Index MoM (Apr)Est: 0.30 % · prev 0.30 % High
  • Tomorrow
    12:30 UTC · 14:30 CEST     Durable Goods Orders MoM (Apr)Est: 3.50 % · prev 0.80 % High
  • Mon
    14:00 UTC · 16:00 CEST     ISM Manufacturing PMI (May)Est: 53 · prev 52.70 High
  • Wed, Jun 3 ISM Services PMI (May)Est: 53 · prev 53.60 High
  • Tomorrow
    12:30 UTC · 14:30 CEST     Durable Goods Orders Ex Transp MoM (Apr)Est: 0.50 % · prev 0.90 % Medium
  • Tomorrow
    12:30 UTC · 14:30 CEST     PCE Price Index MoM (Apr)Est: 0.50 % · prev 0.70 % Medium
  • Tomorrow
    12:30 UTC · 14:30 CEST     PCE Price Index YoY (Apr)Est: 3.80 % · prev 3.50 % Medium
  • Tomorrow
    12:30 UTC · 14:30 CEST     Initial Jobless Claims (May/23)Est: 211 K · prev 209 K Medium
  • Tomorrow
    14:00 UTC · 16:00 CEST     New Home Sales (Apr)Est: 0.67 M · prev 0.68 M Medium
  • Fri
    12:30 UTC · 14:30 CEST     Goods Trade Balance (Apr)Est: -88.60 B · prev -87.45 B Medium
  • Fri
    12:30 UTC · 14:30 CEST     Goods Trade Balance Adv (Apr)Est: -87 B · prev -87.45 B Medium
  • Mon
    14:00 UTC · 16:00 CEST     ISM Manufacturing Employment (May)Est: 46.60 · prev 46.40 Medium
  • Wed, Jun 3 ADP Employment Change (May)Est: 75 K · prev 109 K Medium
  • Tomorrow
    12:30 UTC · 14:30 CEST     Core PCE Price Index YoY (Apr)Est: 3.30 % · prev 3.20 % Low
  • Tomorrow
    12:30 UTC · 14:30 CEST     Durable Goods Orders Ex Defense MoM (Apr)Est: 2.20 % · prev -0.30 % Low
  • Mon
    14:00 UTC · 16:00 CEST     ISM Manufacturing Prices (May)Est: 86 · prev 84.60 Low
  • Mon
    14:00 UTC · 16:00 CEST     ISM Manufacturing New Orders (May)Est: 54.30 · prev 54.10 Low
  • Wed, Jun 3 ISM Services Prices (May)Est: 71.30 · prev 70.70 Low
  • Wed, Jun 3 ISM Services New Orders (May)Est: 52.80 · prev 53.50 Low
  • Wed, Jun 3 ISM Services Employment (May)Est: 48.10 · prev 48 Low
  • Wed, Jun 3 ISM Services Business Activity (May)Est: 55 · prev 55.90 Low
1 / 4

Earnings — mega-cap reports drive index direction

  • Today · After close CRM — SalesforceEPS est $3.12 (+21% YoY) · Rev est $11.1B (+12% YoY) High
  • Tomorrow · After close COST — CostcoEPS est $4.98 (+16% YoY) · Rev est $69.6B (+10% YoY) High
  • Wed, Jun 3 · After close AVGO — BroadcomEPS est $2.40 (+52% YoY) · Rev est $22.0B (+47% YoY) High
1 / 1

07Howard Marks' Market Cycle Indicators

Late-cyclei
Refreshed 27 May 2026 05:02 UTC · 07:02 CEST Sources ⓘ

Daily reading of the framework from Mastering the Market Cycle (Howard Marks, 2018).

Today's read

Capital Markets, Yield Spreads, and Investors all register warm alongside a still-expanding Economy and eager Lenders, painting a classic late-cycle picture. Interest Rates stand as the lone cold holdout, with real yields at 2.13% still meaningfully above neutral.

View full cycle assessment — 9 indicators · 16 cited sources →

08Daily Alpha

Wait
Refreshed 27 May 2026 05:02 UTC · 07:02 CEST Sources ⓘ

Wait. Late-cycle stretched valuations and divergent sentiment argue against chasing here

The S&P 500 at 7,519 trades at a CAPE 10 of 42.32 and trailing P/E of 32.41, both deep in Overvalued territory (long-run means: 17.38 and 16.22 respectively). The cycle framework reads Late-cycle with warm capital markets, eager lenders, and only interest rates cold (real yields at 2.16%). Today's 3.4pp sector spread (Technology +1.34% vs Consumer Defensive -2.02%) is a textbook late-cycle rotation tell: growth chasing while defensives get sold. Equity Fear & Greed at 83.53 (Greed) confirms complacency. Crypto sits in Extreme Fear at 25 with BTC ETF outflows of -334M in 24 hours, but BTC at 75,458 still lacks a capitulation flush. Pre-IPO perps carry a +15% average premium to oracle, showing speculative positioning that clashes with the broader caution. The 30-year at 5.07% and HY OAS (high-yield credit spreads) at a tight 274bp leave little margin for error. Core PCE tomorrow could reprice the tape. Hold cash, let the data come to you.

24h Bias
Defensive, await Core PCE print
Equities
Wait; valuations too stretched to add
Bonds
Hold duration; 5% long end fair
Commodities
Trim oil longs after WTI spike
Crypto
Wait for ETF flow stabilization
Vol hedge
Add small; VIX 17.01 is cheap protection