Daily Market Report

Equities Rally But Crypto Fear Persists

Live Refreshed 29 May 2026 05:00 UTC · 07:00 CEST

01Daily Summary

Mixed Signals
Refreshed 29 May 2026 05:00 UTC · 07:00 CEST Sources ⓘ

The S&P 500 rose 0.58% to 7,564, pushing YTD gains past 10%, while VIX fell to 15.74. Yet crypto tells a different story: BTC ETF outflows hit $223M in 24 hours, crypto Fear & Greed sits at 23 (Extreme Fear), and DeFi TVL slipped 1.2%. The 30-year Treasury breached 5.01%, and CAPE 10 at 42.55 (well above its 17.4 long-run mean) underscores stretched valuations. The late-cycle framework aligns: warm capital markets, eager lenders, but real yields at 2.09% remain restrictive.

S&P 500+0.58%NASDAQ+0.91%US10Y−2 bpWTI−2.71%Gold+0.15%BTC+0.34%ETH+1.31%DXY−0.05%VIX−3.38%

02Macro Snapshot

Mixed signals
Refreshed 29 May 2026 05:00 UTC · 07:00 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 Fed funds at 3.50 – 3.75 % keeps policy restrictive for risk assets.
ECB Ratei 2.00 % unchanged 16 Apr 2026 4 Jun 2026 ECB rate at 2.00 % supports European risk assets with lower borrowing costs.
BoJ Ratei 0.75 % unchanged 28 Apr 2026 16 Jun 2026 BoJ rate at 0.75 % maintains attractive JPY carry trade for global risk.
SOFRi 3.63 % unchanged daily tomorrow SOFR at 3.63 % signals stable short-end USD funding conditions for risk assets.
IPOR USDCi 3.63 % +0 bp real-time — USDC IPOR at 3.63 % matches SOFR indicating parity in onchain USD leverage demand.
IPOR WETHi 1.78 % +0 bp real-time — WETH IPOR at 1.78 % shows moderate onchain cost of borrowing wrapped ETH.
ETH Ratei 2.46 % — real-time — ETH staking yield at 2.46 % provides native return on holding and staking 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 about further cuts.
CPI YoY (core)i 2.8 % +0.1 pp 12 May 2026 10 Jun 2026 Core CPI at 2.8 % indicates cooling underlying inflation pressures.
PPI YoY (headline)i 6.0 % +1.7 pp 13 May 2026 11 Jun 2026 PPI at 6.0 % signals upstream inflation running hotter than CPI.
PPI YoY (core)i 5.2 % +1.3 pp 13 May 2026 11 Jun 2026 Core PPI at 5.2 % shows 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 at +115 k signals slowing labor market momentum.
Unemployment Ratei 4.3 % unchanged pp 8 May 2026 5 Jun 2026 Unemployment at 4.3 % points to rising slack in the labor market.
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 at +1.4 % YoY indicates moderate manufacturing activity.
Retail Salesi (m/m) +0.5 % −1.4 pp 14 May 2026 17 Jun 2026 Retail sales at +0.5 % m/m reflect steady consumer demand.
ISM Manufacturing PMIi 52.7 +0.3 April 2026 — ISM manufacturing at 52.7 signals expansion in the factory sector.
ISM Services PMIi 53.6 -0.4 April 2026 — ISM services at 53.6 shows continued expansion in the services sector.
Yield Curve Latest Δ vs Prior Released Next Release Implication
US 10Y2Y Spreadi 48 bp — daily tomorrow Positive curve. Recession odds receding.
Sentiment Latest Δ vs Prior Released Next Release Implication
CNN Fear & Greedi (Equity) 60 (Greed) unchanged daily tomorrow CNN Fear & Greed at 60 reflects Greed in equity-market sentiment.
Crypto Fear & Greedi 23 (Extreme Fear) +1 daily tomorrow Crypto Fear & Greed at 23 signals Extreme Fear in crypto markets.
News Sentimenti +18 (Greed) +39 every 30 min — News sentiment at +18 indicates Greed in the news narrative.

03News Sentiment

Greed
Refreshed 29 May 2026 05:00 UTC · 07:00 CEST Sources ⓘ
Last 7 days · overall score (EWMA-smoothed) range −38 to +43 · current +18 (Greed) · +39 24h
7 days ago today
Direction
bull 64% bear 36% ± 14% uncertainty
Coverage
macro 54% crypto 33% mixed 13%
What's driving today's news sentiment Top 3 · sorted by impact
−44 Bearish short-term
Asian central banks' aggressive rate hikes fail to stabilize currencies
Asian central banks are tightening monetary policy aggressively with interest rate hikes, yet currencies show little sign of stabilization, increasing market uncertainty.
bloomberg.comconf 85% Market-Wide
−38 Bearish Bitcoin holder supply surge masks buyer drought and waning ETF demand coindesk.com
+10 Neutral CME to Offer 24/7 Bitcoin Futures, Ending Weekend Gap Trading Pattern newsbtc.com

04.1Tech Equitiesi

Bullish
Refreshed 29 May 2026 05:00 UTC · 07:00 CEST Sources ⓘ

Eight of nine mega-cap tech names closed green, led by AMD (+4.55%) and MSFT (+3.47%), both posting outsized gains relative to the cohort. INTC was the sole laggard at -0.72%, while META was essentially flat. Semis and software drove the session; hardware and ad-tech sat it out.

AAPLApple
$312.51+0.53%
Day Range $309.57 — $312.80
P/E TTMi37.5 P/E Fwdi32.5 50-DMAi+14.0% 200-DMAi+18.9% RSI(14)i80 YTDi+15.3% % from ATHi−0.2% Sharpe(1Y)i+1.73
MSFTMicrosoft
$426.99+3.47%
Day Range $412.67 — $429.49
P/E TTMi25.3 P/E Fwdi22.0 50-DMAi+6.3% 200-DMAi−6.9% RSI(14)i59 YTDi−9.7% % from ATHi−23.1% Sharpe(1Y)i+0.49
GOOGLAlphabet
$390.13+0.33%
Day Range $385.16 — $391.86
P/E TTMi29.5 P/E Fwdi27.5 50-DMAi+12.7% 200-DMAi+30.5% RSI(14)i62 YTDi+23.8% % from ATHi−4.5% Sharpe(1Y)i+2.94
AMZNAmazon
$274.00+0.79%
Day Range $267.44 — $274.50
P/E TTMi32.4 P/E Fwdi31.2 50-DMAi+11.6% 200-DMAi+18.5% RSI(14)i64 YTDi+21.0% % from ATHi−1.6% Sharpe(1Y)i+1.33
NVDANVIDIA
$214.25+0.78%
Day Range $211.22 — $215.52
P/E TTMi32.6 P/E Fwdi24.2 50-DMAi+7.8% 200-DMAi+14.3% RSI(14)i53 YTDi+13.4% % from ATHi−9.4% Sharpe(1Y)i+2.06
METAMeta Platforms
$635.29+0.01%
Day Range $629.31 — $643.00
P/E TTMi22.8 P/E Fwdi19.3 50-DMAi+2.8% 200-DMAi−4.8% RSI(14)i57 YTDi−2.3% % from ATHi−20.2% Sharpe(1Y)i+0.63
TSLATesla
$442.10+0.40%
Day Range $436.30 — $443.96
P/E TTMi368.9 P/E Fwdi232.2 50-DMAi+13.1% 200-DMAi+7.4% RSI(14)i64 YTDi+0.9% % from ATHi−11.4% Sharpe(1Y)i+1.27
INTCIntel
$120.89−0.72%
Day Range $116.31 — $123.08
P/E TTMin/a P/E Fwdi112.3 50-DMAi+49.1% 200-DMAi+148.2% RSI(14)i67 YTDi+207.0% % from ATHi−8.9% Sharpe(1Y)i+2.62
AMDAMD
$518.09+4.55%
Day Range $493.52 — $527.20
P/E TTMi168.7 P/E Fwdi69.6 50-DMAi+61.0% 200-DMAi+119.6% RSI(14)i77 YTDi+131.8% % from ATHi−1.7% Sharpe(1Y)i+2.80

04.2Indices

Bullishi
Refreshed 29 May 2026 05:00 UTC · 07:00 CEST Sources ⓘ

The Nasdaq led US benchmarks higher at +0.91%, with SOXX (+0.97%) confirming semiconductor strength, while the Dow barely budged at +0.05%, underscoring the tech tilt of today's bid. The S&P 500 gained 0.58% and the Russell 2000 matched at +0.57%, a rare day of near-parity between large and small caps. The SPX-vs-RSP YTD gap sits at +2.30 pp (10.28% vs 7.98%), modest enough that breadth is not yet flashing a narrow-leadership warning but still tilted toward Mag7 concentration. VIX slipped to 15.74, down 3.38%, consistent with the grind higher in equities. Globally, the Nikkei surged 2.51% and the Hang Seng added 1.04%, while the FTSE was the outlier, dropping 0.75%.

US Equity Benchmarks
SPXS&P 500
7,563.63+0.58%
Day Range 7,508.04 — 7,568.72
50-DMAi+7.5% 200-DMAi+10.8% RSI(14)i73 YTDi+10.3% % from ATHiATH Sharpe(1Y)i+2.47
IXICNasdaq Comp.
26,917.47+0.91%
Day Range 26,588.52 — 26,934.84
50-DMAi+11.3% 200-DMAi+16.2% RSI(14)i73 YTDi+15.8% % from ATHiATH Sharpe(1Y)i+2.57
DJIDow Jones Ind.
50,668.97+0.05%
Day Range 50,314.34 — 50,764.04
50-DMAi+4.5% 200-DMAi+6.2% RSI(14)i65 YTDi+4.7% % from ATHiATH Sharpe(1Y)i+1.80
RUTRussell 2000
2,936.57+0.57%
Day Range 2,897.85 — 2,942.61
50-DMAi+8.4% 200-DMAi+15.0% RSI(14)i67 YTDi+17.1% % from ATHiATH Sharpe(1Y)i+2.03
SOXXSemiconductors
569.47+0.97%
Day Range 554.83 — 575.80
50-DMAi+31.5% 200-DMAi+70.2% RSI(14)i73 YTDi+81.5% % from ATHi−0.1% Sharpe(1Y)i+3.27
Risk & Breadth Gauges
RSPiS&P 500 Eq-Wt
208.25+0.37%
Day Range 206.64 — 208.89
50-DMAi+4.3% 200-DMAi+7.1% RSI(14)i67 YTDi+8.0% vs SPX YTDi−2.3pp Cap-weight sharei+22%
VIXiVolatility Idx
15.74−3.38%
Day Range 15.61 — 16.85
50-DMAi−22.5% 200-DMAi−14.3% RSI(14)i37 YTDi+8.5%
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
10,425.96−0.75%
Day Range 10,381.21 — 10,505.38
50-DMAi+0.8% 200-DMAi+5.1% RSI(14)i52 YTDi+4.8% % from ATHi−4.7% Sharpe(1Y)i+1.91
N225Nikkei 225
66,319.84+2.51%
Day Range 65,133.97 — 66,417.16
50-DMAi+14.2% 200-DMAi+28.7% RSI(14)i71 YTDi+27.9% % from ATHiATH Sharpe(1Y)i+2.66
HSIHang Seng
25,265.00+1.04%
Day Range 25,031.50 — 25,311.50
50-DMAi−1.9% 200-DMAi−2.9% RSI(14)i41 YTDi−4.1% % from ATHi−9.9% Sharpe(1Y)i+0.82
Global Equity Baskets
URTHMSCI World
204.80+0.44%
Day Range 203.29 — 204.88
50-DMAi+6.5% 200-DMAi+10.0% RSI(14)i69 YTDi+9.8% % from ATHiATH Sharpe(1Y)i+2.31
EEMMSCI Emerging
68.61+0.32%
Day Range 67.42 — 68.77
50-DMAi+10.1% 200-DMAi+20.2% RSI(14)i65 YTDi+22.0% % from ATHiATH Sharpe(1Y)i+2.25
Valuations
CAPE 10iShiller P/E
42.5Overvalued
+0.57% today
Long-run mean17.4 Median16.1 All-time high44.2 (Dec 1999) % from ATHi−3.7%
Trailing P/EiS&P 500 (TTM)
32.6Overvalued
+0.57% today
Long-run mean16.2 Median15.1 All-time high123.7 (May 2009)
Buffett IndicatoriCorp Equities / GDP
232.7Overvalued · ATH
 
Long-run mean85.7 Median72.0 Previous peak229.4 (Q3 2025) vs prev peaki+1.5%
Sector Rotationi 11 GICS sectors · today's % change · sorted best to worst
Energy+2.76%
Industrials+2.38%
Healthcare+1.28%
Financials+1.10%
Tech+1.04%
Discretionary+0.65%
Real Estate+0.39%
Telecom+0.06%
Utilities−0.18%
Materials−0.72%
Staples−1.22%

04.3US Rates · Treasuries & Credit

Bid
Refreshed 29 May 2026 05:00 UTC · 07:00 CEST Sources ⓘ

The Treasury curve edged lower across tenors: the 2Y dipped 1 bp to 4.0%, the 10Y fell 2 bp to 4.48%, and the 30Y eased 2 bp to 5.01%, keeping the 2s10s spread at +48 bp. The move was almost entirely real-rate driven, with the 10Y TIPS yield declining 1 bp to 2.09% while the 10Y breakeven held flat at 2.39%, signaling no shift in inflation expectations. Credit spreads were quiet: HY OAS tightened 1 bp to 271 bp and IG OAS was unchanged at 74 bp, a backdrop of stable risk appetite rather than any meaningful repricing.

US2YiTreasury 2Y
4.00%−1 bp
5D range 4.00 — 4.13
5-day Δ−13 bp YTD Δ+53 bp
US10YiTreasury 10Y
4.48%−2 bp
5D range 4.48 — 4.57
10–2 spread+48 bp YTD Δ+29 bp
US30YiTreasury 30Y
5.01%−2 bp
5D range 5.01 — 5.11
5-day Δ−17 bp YTD Δ+15 bp
Fiscal
US Debt & Servicing
US Debt & Servicing
Total Public Debti
$39.16T -$7.9B (1d)
+8.1% YoY
Annual Interest (gross)i
$1.31T +9.8% 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
25.6%
~$10.04T · refinancing-risk gauge
Macro Bond
Real Rates & Credit
Real Rates & Inflation Expectations
10Y TIPS Reali
2.09% −1 bp
10Y nominal − inflation expectations
10Y Breakeveni
2.39% 0 bp
market-implied 10Y CPI
Credit Spreads
HY OASi
2.71% −1 bp
ICE BofA US HY
IG OASi
0.74% 0 bp
tight · late-cycle

04.4Japan Rates · JGB Curve

Offered
Refreshed 29 May 2026 05:00 UTC · 07:00 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
1.37%−3 bp
5D range 1.37 — 1.44
5-day Δ−9 bp YTD Δ+17 bp
JP10YiJGB 10Y
2.69%+0 bp
5D range 2.69 — 2.75
10–2 spread+133 bp YTD Δ+58 bp
JP30YiJGB 30Y
3.90%+4 bp
5D range 3.86 — 3.93
5-day Δ−4 bp YTD Δ+50 bp

04.5Commodities

Mixed
Refreshed 29 May 2026 05:00 UTC · 07:00 CEST Sources ⓘ

Crude sold off sharply, with WTI down 2.71% and Brent falling 3.88%, while natural gas surged 6.16% in the opposite direction. Gold held steady at $4539.2 (+0.15%) and silver at $76.03 (+0.16%), both essentially unchanged as the energy complex absorbed the day's volatility.

CLWTI Crude
$97.63−2.71%
5D range $97.63 — $112.09
50-DMAi−3.0% 200-DMAi+34.6% RSI(14)i45 YTDi+70.7%
COBrent
$102.75−3.88%
5D range $102.75 — $114.64
50-DMAi−9.3% 200-DMAi+30.4% RSI(14)i42 YTDi+65.8%
NGNatural Gas
$3.10+6.16%
5D range $2.92 — $3.23
50-DMAi+8.1% 200-DMAi−16.0% RSI(14)i56 YTDi+9.9%
XAUGold
$4,539.20+0.15%
5D range $4,519.50 — $4,551.20
50-DMAi−2.8% 200-DMAi−0.6% RSI(14)i45 YTDi+3.5%
XAGSilver
$76.03+0.16%
5D range $75.58 — $76.72
50-DMAi−1.3% 200-DMAi+6.4% RSI(14)i47 YTDi+4.5%

04.6Crypto Assets

Bullish
Refreshed 29 May 2026 05:00 UTC · 07:00 CEST Sources ⓘ

BTC edged up 0.34% to $73383.01 and ETH gained 1.31% to $2005.14, with SOL adding 1.18% to $81.78, but the session's modest green belies a cautious backdrop. The Fear & Greed Index sits at 23 (Extreme Fear), a stark disconnect from the positive price action and elevated perp funding rates (BTC +10.95% APR, ETH +9.58% APR). BTC dominance remains firm at 57.7% as total crypto market cap rose 0.50%, while DeFi TVL slipped 1.24%. Spot ETF flows were a headwind, with BTC seeing $-223M and ETH $-121M in net outflows on the latest day, suggesting institutional positioning is not yet aligned with the spot bid.

BTCBitcoin
$73,383.01+0.34%
Day Range $72,669.00 — $73,792.00
50-DMAi−4.9% 200-DMAi−8.2% RSI(14)i35 % from ATHi−41.8% Sharpe(1Y)i−1.09
ETHEthereum
$2,005.14+1.31%
Day Range $1,970.91 — $2,023.22
50-DMAi−11.1% 200-DMAi−20.4% RSI(14)i31 % from ATHi−58.9% Sharpe(1Y)i−1.42
SOLSolana
$81.78+1.18%
Day Range $80.13 — $82.75
50-DMAi−5.4% 200-DMAi−22.5% RSI(14)i38 % from ATHi−72.1% Sharpe(1Y)i−1.32
ENAEthena
$0.0873−2.96%
Day Range $0.0858 — $0.0900
50-DMAi−20.6% 200-DMAi−45.4% RSI(14)i32 % from ATHi−94.3% Sharpe(1Y)i−2.19
HYPEHyperliquid
$61.63+0.23%
Day Range $60.33 — $62.47
50-DMAi+36.0% 200-DMAi+77.3% RSI(14)i68 % from ATHi−1.5% Sharpe(1Y)i+0.90
PUMPPump.fun
$0.001690−0.89%
Day Range $0.001628 — $0.001723
50-DMAi−6.1% 200-DMAi−23.2% RSI(14)i42 % from ATHi−80.3% Sharpe(1Y)i−0.36
Crypto Market
Macro Indicators
Market Caps & Dominance
BTC Mcapi
$1.47T +0.34%
57.7% of total
ETH Mcap
$242.0B +1.31%
9.5% of total
Stablecoin Mcap
$319.0B −0.30%
circulating supply
Total Crypto Mcap
$2.55T +0.50%
global market cap
Trading Volumes (24h)
CEX Volume (spot)
$89.2B −15.66%
24h · CoinGecko aggregate
DEX Volume (spot)
$6.9B +11.98%
24h · DefiLlama all chains
CEX Volume (perp)
$230.3B −20.20%
24h · derivatives exchanges
Hyperliquid (perp)
$5.1B −18.88%
24h · 230+ markets
DeFi Activity
Global DeFi TVL
$79.4B −1.24%
all chains
Lending TVL
$39.7B −0.24%
money markets
DEX TVL
$12.9B −0.97%
liquidity pools
ETH Staking APR
2.46%
Lido stETH base rate
Leverage & Sentiment
BTC Fundingi
+10.95% APR longs pay
8h · Binance perp
ETH Fundingi
+9.58% APR longs pay
8h · Binance perp
BTC L/S Ratioi
1.37 large traders long
1.37× longs vs shorts
Crypto F&Gi
23 Extreme Fear
Δ +1 vs yesterday · 0-100
IPOR Rates
USDCi
3.63% −0.00 pp vs SOFR
24h avg 3.84%
USDTi
3.03% −0.60 pp vs SOFR
24h avg 3.00%
DAIi
2.84% −0.79 pp vs SOFR
24h avg 2.79%
WETHi
1.78% −0.00 pp vs avg
24h avg 1.79%

04.7Pre-IPO & Onchain Equity Perpsi

Bearishi
Refreshed 29 May 2026 05:00 UTC · 07:00 CEST Sources ⓘ

Pre-IPO perps on Hyperliquid are trading at an average premium of +14.63% above oracle valuations, with Anthropic the widest at +17.98%, followed by OpenAI at +14.38% and SpaceX at +11.55%.

SPACEXi SpaceX
$2.16T -2.77% 24h
+11.55% vs oraclei
Oraclei$1.93T Last roundi$137B · Jan 2023 Financialsi$18.7B · FY25 P/S (oracle)i103.5× OIi1,334 Fundingi+37.8%/yr Vol 24h$5.1M
Cross-venuei xyz:SPCX · $195.86/share · -1.62% · vol $15.9M
ANTHROPICi Anthropic
$1.47T +6.60% 24h
+17.98% vs oraclei
Oraclei$1.25T Last roundi$380B · Feb 2026 Financialsi$19.2B · Q1 26 P/S (oracle)i28.6× fwd · 65.0× TTM OIi5,318 Fundingi+374.2%/yr Vol 24h$355k
OPENAIi OpenAI
$1.34T +3.04% 24h
+14.38% vs oraclei
Oraclei$1.17T Last roundi$852B · Mar 2026 Financialsi$24B · Mar 26 P/S (oracle)i48.8× OIi2,563 Fundingi+47.8%/yr Vol 24h$58k
CRCLi Circle Internet
$109.00 +9.38% 24h
OIi347,817 Fundingi+41.9%/yr Vol 24h$28.5M
COINi Coinbase
$182.61 +7.09% 24h
OIi25,153 Fundingi+5.5%/yr Vol 24h$5.6M
MSTRi MicroStrategy
$152.06 +1.97% 24h
OIi103,700 Fundingi-35.8%/yr Vol 24h$11.9M

Sector-thematic equity baskets

MAG7i Magnificent 7
70.70 +1.54% 24h
OIi11,856 Fundingi0.0%/yr Vol 24h$992k
SEMISi Semiconductors
603.49 +3.37% 24h
OIi514 Fundingi0.0%/yr Vol 24h$87k
DEFENSEi Defense
67.99 +3.69% 24h
OIi1,768 Fundingi0.0%/yr Vol 24h$40k
ROBOTi Robotics
40.36 +1.73% 24h
OIi2,915 Fundingi0.0%/yr Vol 24h$56k
NUCLEARi Nuclear
133.00 +1.65% 24h
OIi1,198 Fundingi0.0%/yr Vol 24h$44k

04.8Crypto Treasuries & Spot ETF Flows

Distributing
Refreshed 29 May 2026 05:00 UTC · 07:00 CEST Sources ⓘ

Corporate and fund treasuries now hold 1,272,129 BTC (6.06% of supply, roughly $93.3B) and 7,383,099 ETH (6.12% of supply, roughly $14.8B), with SOL holdings at 18,457,162 tokens (3.19% of supply). Spot ETF flows have been decisively negative over the past week: BTC funds shed $1.40B and ETH funds lost $230M, while SOL flows were negligible at +$7M. The sustained BTC outflow pace is the dominant signal here, running counter to the modest spot price gains.

Asset Total Held USD Value % of Supply Top Public Holders
₿
Bitcoin
BTC
 1.27 M BTC $93.3 B 6.06% Strategy 844k · XXI 44k · Metaplanet 40k · MARA Holdings 35k · Bitcoin Standard Treasury Company 30k
Ξ
Ethereum
ETH
 7.38 M ETH $14.8 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 $60.0 B 2. FBTC Fidelity $14.2 B 3. GBTC Grayscale $10.8 B 4. BITB Bitwise $4.7 B 5. BTC Grayscale Mini $3.9 B + 8 more Flow data as of 28 May 2026
AUM
$98.7 B
24h Flow−$223 M
7-day Flow−$1.40 B
YTD Flowi−$755 M
ETH 10 funds · ETHA, ETHB, FETH… Top 5 of 10 funds (by AUM) 1. ETHA BlackRock $6.2 B 2. ETH Grayscale Mini $1.9 B 3. ETHE Grayscale $1.6 B 4. FETH Fidelity $1.2 B 5. ETHB BlackRock $592.9 M + 5 more Flow data as of 28 May 2026
AUM
$11.9 B
24h Flow−$121 M
7-day Flow−$230 M
YTD Flowi−$926 M
SOL 6 funds · BSOL, VSOL, FSOL… Top 5 of 6 funds (by AUM) 1. BSOL Bitwise $560.0 M 2. GSOL Grayscale $109.7 M 3. VSOL VanEck $15.1 M 4. SOEZ Franklin $9.3 M 5. TSOL VanEck $3.2 M + 1 more Flow data as of 28 May 2026
AUM
$697.3 M
24h Flow+$0 M
7-day Flow+$7 M
YTD Flowi+$42 M

05Technical Dashboard

Mixed
Refreshed 29 May 2026 05:00 UTC · 07:00 CEST Sources ⓘ
Asset Last Trendi Supporti Resistancei RSIi RSI Status Signal
SPX S&P 500 7,563.63 Bullish 7,039.07 7,568.72 73 Overbought Holdconf 65%
IXIC Nasdaq Comp. 26,917.47 Bullish 24,192.64 26,934.84 73 Overbought Holdconf 65%
DXY Dollar Index 111.87 USD ↑ 111.50 111.93 60 Neutral Sellconf 75%
VIX Volatility 15.74 Suppressed 15.61 18.37 37 Neutral Hedgeconf 55%
US10Y US 10Y Yield 4.48% Yields ↑ 4.39% 4.57% 52 Neutral Sell bondsconf 75%
CL WTI Crude $97.63 Sideways $72.55 $100.65 45 Neutral Holdconf 50%
XAU Gold $4,539 Bearish $4,520 $4,565 45 Neutral Sellconf 60%
BTC Bitcoin $73,383 Bearish $72,669 $77,169 35 Neutral Sellconf 75%
ETH Ethereum $2,005 Bearish $1,971 $2,255 31 Neutral Sellconf 65%

06Key Events

Next 7 days
Refreshed 29 May 2026 05:00 UTC · 07:00 CEST Sources ⓘ

The week ahead is anchored by the May jobs report on June 5, with both Non Farm Payrolls and the Unemployment Rate dropping at 12:30 UTC. Earlier in the week, June 3 brings the ISM Services PMI and Non-Manufacturing Prices alongside Broadcom (AVGO) earnings, making it the densest single-day catalyst cluster on the calendar.

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

  • Mon
    14:00 UTC · 16:00 CEST     ISM Manufacturing PMI (May)Est: 52.60 · prev 52.70 High
  • Wed
    14:00 UTC · 16:00 CEST     ISM Services PMI (May)Est: 53.60 · prev 53.60 High
  • Fri, Jun 5 Unemployment Rate (May)Est: 4.30 % · prev 4.30 % High
  • Today
    12:30 UTC · 14:30 CEST     Goods Trade Balance Adv (Apr)Est: -86.50 B · prev -87.45 B Medium
  • Today
    12:30 UTC · 14:30 CEST     Goods Trade Balance (Apr)Est: -86.70 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
    12:15 UTC · 14:15 CEST     ADP Employment Change (May)Est: 75 K · prev 109 K Medium
  • Thu
    12:30 UTC · 14:30 CEST     Initial Jobless Claims (May/30)prev 215 K Medium
  • Mon
    14:00 UTC · 16:00 CEST     ISM Manufacturing New Orders (May)Est: 54.30 · prev 54.10 Low
  • Mon
    14:00 UTC · 16:00 CEST     ISM Manufacturing Prices (May)Est: 86 · prev 84.60 Low
  • Wed
    14:00 UTC · 16:00 CEST     ISM Services Employment (May)Est: 48.10 · prev 48 Low
  • Wed
    14:00 UTC · 16:00 CEST     ISM Services Business Activity (May)Est: 55 · prev 55.90 Low
  • Wed
    14:00 UTC · 16:00 CEST     ISM Services New Orders (May)Est: 52.80 · prev 53.50 Low
  • Wed
    14:00 UTC · 16:00 CEST     ISM Services Prices (May)Est: 71.30 · prev 70.70 Low
  • Fri, Jun 5 Nonfarm Payrolls Private (May)Est: 85 K · prev 123 K Low
  • Fri, Jun 5 U-6 Unemployment Rate (May)Est: 8.30 % · prev 8.20 % Low
1 / 3

Earnings — mega-cap reports drive index direction

  • Wed · 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 29 May 2026 05:00 UTC · 07:00 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 29 May 2026 05:00 UTC · 07:00 CEST Sources ⓘ

Wait. Extreme valuations and late-cycle signals outweigh the US-Iran relief rally

The S&P 500 at 7,564 trades at a CAPE 10 of 42.55 (long-run mean: 17.38) and trailing P/E of 32.58 (mean: 16.22), both deep in Overvalued territory. The Buffett Indicator sits at an all-time high of 233%. Today's rally, driven by a US-Iran truce (per Nasdaq.com), pushed Energy +2.76% while Consumer Defensive fell -1.22%, a nearly 4pp sector spread that screams late-cycle rotation, not broad-based strength. The cycle framework confirms: Late-cycle with warm capital markets, eager lenders, and tight HY OAS (high-yield credit spreads) at 271 bp. Crypto presents a genuine divergence: Extreme Fear at 23 alongside BTC ETF outflows of -$223M daily and -$1.4B weekly. That fear is warranted given weak demand, not contrarian opportunity yet. Pre-IPO perps carry a 14.6% average premium to oracle, showing speculative pockets persist despite headline caution. Real yields at 2.09% keep bonds competitive. Wait for equity repricing before adding broad risk.

24h Bias
Fade rally into stretched valuations
Equities
Wait for pullback below 7200
Bonds
Hold duration at 5% on 30Y
Commodities
Trim energy after geopolitical pop
Crypto
Wait for ETF flow stabilization
Vol hedge
Add puts with VIX near 15.74