01Daily Summary

Refreshed 6 Jun 2026 17:02 UTC · 19:02 CEST Sources ⓘ

A sharp equity selloff sent the S&P 500 down 2.64% to 7,384, with the VIX surging 33.9% to 21.51 - a decisive volatility regime shift. Geopolitical stress (an active Gulf conflict approaching 100 days) and a tech sector rout of 4.5% drove the move. WTI crude spiked 5.27% to $95.96, while gold fell 3.10% to $4,365.30 and silver dropped 6.58%, signalling a liquidation-driven session rather than a clean safe-haven rotation. Stretched valuations (CAPE 10 at 41.57, nearly 2.4x its long-run mean) leave little cushion.

S&P 500−2.64%NASDAQ−4.18%US10Y−2 bpWTI+5.27%Gold−3.10%BTC+0.55%ETH−1.13%DXY−0.22%VIX+33.94%

Driver:Escalating Gulf conflict and US geopolitical sanctions triggered a broad risk-off liquidation, hitting tech hardest.
Cross-asset:Equities fell sharply; WTI surged on supply fears; gold and silver sold off; DXY slipped 0.21%; Bitcoin held near flat.
Bonds & rates:US 30Y yield at 4.97%; 2s10s spread 42 basis points; TIPS real yield 2.11%; HY OAS (high-yield credit spreads) 274 bp, barely moved; IPOR USDC rate 3.40%.
Sentiment:Crypto Fear and Greed at 12 (Extreme Fear); equity Fear and Greed at 42.1; Bitcoin ETF outflows $325.7M in 24 hours; news sentiment score -28, bearish bias.
Forward bias:No high-impact US calendar events in the next 48 hours; regime flips only if geopolitical headlines ease or VIX retreats below 21.51.

02Macro Snapshot

Mixed signals

Refreshed 6 Jun 2026 17:02 UTC · 19:02 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	Fed funds at 3.50-3.75% signals steady policy support for risk assets.
ECB Ratei	2.00 %	unchanged	4 Jun 2026	16 Jul 2026	ECB rate at 2.00% supports European risk assets and lower EUR yields.
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	3.62 %	+1 bp	daily	tomorrow	SOFR at 3.62% with a 1bp rise tightens short-end USD funding slightly.
IPOR USDCi	3.40 %	−22 bp	real-time	—	USDC IPOR at 3.40% below SOFR indicates deleveraging in onchain USD.
IPOR WETHi	1.71 %	−1 bp	real-time	—	WETH IPOR at 1.71% shows cooling onchain ETH leverage demand.
ETH Ratei	3.12 %	—	real-time	—	ETH staking yield at 3.12% reflects steady validator demand.

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 stickiness in underlying inflation.
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% indicates persistent upstream price pressures above core CPI.

Labor	Latest	Δ vs Prior	Released	Next Release	Implication
Nonfarm Payrollsi (m/m)	159.00 M jobs	+172 k	5 Jun 2026	2 Jul 2026	Nonfarm payrolls rose 172k, pointing to resilient labor market strength.
Unemployment Ratei	4.3 %	unchanged pp	5 Jun 2026	2 Jul 2026	Unemployment at 4.3% reflects 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 up 1.4% YoY shows moderate manufacturing activity.
Retail Salesi (m/m)	+0.5 %	−1.4 pp	14 May 2026	17 Jun 2026	Retail sales up 0.5% m/m indicate steady consumer demand.
ISM Manufacturing PMIi	54.0	+1.3	May 2026	—	ISM manufacturing at 54.0 confirms expansion in the factory sector.
ISM Services PMIi	54.5	+0.9	May 2026	—	ISM services at 54.5 signals ongoing expansion in the services sector.

Yield Curve	Latest	Δ vs Prior	Released	Next Release	Implication
US 10Y2Y Spreadi	42 bp	—	daily	tomorrow	Positive curve. Recession odds receding.

Sentiment	Latest	Δ vs Prior	Released	Next Release	Implication
CNN Fear & Greedi (Equity)	42 (Fear)	−13	daily	tomorrow	CNN Fear & Greed at 42 indicates Fear regime in equity markets.
Crypto Fear & Greedi	12 (Extreme Fear)	—	daily	tomorrow	Crypto Fear & Greed at 12 signals Extreme Fear in crypto markets.
News Sentimenti	−28 (Fear)	+8	every 30 min	—	News sentiment at -28 reflects Fear in current news narratives.

03News Sentiment

Fear

Refreshed 6 Jun 2026 17:02 UTC · 19:02 CEST Sources ⓘ

Last 7 days · overall score (EWMA-smoothed) range −47 to +59 · current −28 (Fear) · +8 24h

7 days ago today

Direction

bull 25% bear 75% ± 14% uncertainty

Coverage

macro 66% crypto 17% mixed 17%

What's driving today's news sentiment Top 1 · sorted by impact

−35 Bearish short-term

Security bug researcher adds Monero audit after Zcash bug, XMR price declines 10%

Researcher who found a Zcash bug plans to audit Monero and other privacy coins; XMR price fell 10% reflecting market concerns over security vulnerabilities.

beincrypto.comconf 85% XMR

04.1Tech Equitiesi

Bearish

Refreshed 6 Jun 2026 17:02 UTC · 19:02 CEST Sources ⓘ

The Mag7 and semiconductor cohort are in broad retreat today, with zero names in the green across nine tracked names. Nvidia is off 6.20%, Tesla -6.56%, Meta -5.51%, and the damage is most acute in semis: Intel -11.28% and Advanced Micro Devices -10.86% lead the drawdown. This is a sector-wide risk-off move, not idiosyncratic.

AAPLApple

$307.34−1.25%

1D Range $307.15 — $315.17

1M Range $287.44 — $315.20

P/E TTMi36.9 P/E Fwdi31.9 50-DMAi+10.2% 200-DMAi+16.2% RSI(14)i61 YTDi+13.4% % from ATHi−3.0% Sharpe(1Y)i+1.73

MSFTMicrosoft

$416.67−2.66%

1D Range $414.44 — $429.47

1M Range $405.21 — $460.52

P/E TTMi24.7 P/E Fwdi21.4 50-DMAi+2.5% 200-DMAi−8.9% RSI(14)i48 YTDi−11.9% % from ATHi−25.0% Sharpe(1Y)i−0.04

GOOGLAlphabet

$368.53−0.98%

1D Range $364.12 — $372.08

1M Range $358.99 — $402.62

P/E TTMi27.8 P/E Fwdi25.9 50-DMAi+4.9% 200-DMAi+21.9% RSI(14)i46 YTDi+16.9% % from ATHi−9.8% Sharpe(1Y)i+2.63

AMZNAmazon

$246.03−3.06%

1D Range $245.78 — $256.38

1M Range $246.03 — $274.00

P/E TTMi29.1 P/E Fwdi28.0 50-DMAi−1.4% 200-DMAi+6.1% RSI(14)i38 YTDi+8.6% % from ATHi−11.7% Sharpe(1Y)i+0.93

NVDANVIDIA

$205.10−6.20%

1D Range $204.34 — $214.87

1M Range $205.10 — $235.74

P/E TTMi31.2 P/E Fwdi23.1 50-DMAi+1.5% 200-DMAi+9.0% RSI(14)i44 YTDi+8.6% % from ATHi−13.3% Sharpe(1Y)i+1.71

METAMeta Platforms

$593.00−5.51%

1D Range $582.94 — $629.04

1M Range $593.00 — $635.29

P/E TTMi21.3 P/E Fwdi18.0 50-DMAi−4.2% 200-DMAi−10.7% RSI(14)i42 YTDi−8.8% % from ATHi−25.5% Sharpe(1Y)i+0.16

TSLATesla

$391.00−6.56%

1D Range $388.59 — $424.68

1M Range $391.00 — $445.27

P/E TTMi326.2 P/E Fwdi207.5 50-DMAi−0.9% 200-DMAi−5.4% RSI(14)i40 YTDi−10.7% % from ATHi−21.6% Sharpe(1Y)i+0.84

INTCIntel

$99.17−11.28%

1D Range $98.33 — $106.44

1M Range $99.17 — $129.44

P/E TTMin/a P/E Fwdi91.5 50-DMAi+14.8% 200-DMAi+96.5% RSI(14)i44 YTDi+151.8% % from ATHi−25.3% Sharpe(1Y)i+2.39

AMDAMD

$466.38−10.86%

1D Range $463.97 — $505.62

1M Range $408.46 — $542.52

P/E TTMi151.9 P/E Fwdi62.5 50-DMAi+34.2% 200-DMAi+92.1% RSI(14)i54 YTDi+108.7% % from ATHi−14.7% Sharpe(1Y)i+2.54

04.2Indices

Bearishi

Refreshed 6 Jun 2026 17:02 UTC · 19:02 CEST Sources ⓘ

US equities are selling off hard across the board, with the Nasdaq down 4.18% and the S&P 500 (SPX) off 2.64%, while the Philadelphia Semiconductor Index (SOXX) is the epicenter at -10.44%. Small-caps are not spared, with the Russell 2000 down 3.47%, and the Dow is the relative outperformer at -1.35%. Notably, the SPX cap-weighted YTD return of +7.66% and the equal-weight RSP YTD of +7.76% are nearly identical (gap of -0.10 pp), meaning today's selloff is broad-based rather than concentrated in mega-cap names. VIX has surged 33.94% to 21.51, confirming the risk-off character of the session. International markets are also lower, with EEM down 6.53% and URTH -2.57%, suggesting this is a global rather than US-specific move.

US Equity Benchmarks

SPXS&P 500

7,383.74−2.64%

1D Range 7,368.63 — 7,541.81

1M Range 7,337.10 — 7,609.77

50-DMAi+3.7% 200-DMAi+7.8% RSI(14)i49 YTDi+7.7% % from ATHi−3.0% Sharpe(1Y)i+1.99

IXICNasdaq Comp.

25,709.43−4.18%

1D Range 25,648.47 — 26,572.25

1M Range 25,709.43 — 27,093.90

50-DMAi+4.1% 200-DMAi+10.3% RSI(14)i45 YTDi+10.6% % from ATHi−5.3% Sharpe(1Y)i+2.01

DJIDow Jones Ind.

50,866.78−1.35%

1D Range 50,781.45 — 51,660.40

1M Range 49,363.89 — 51,561.94

50-DMAi+4.1% 200-DMAi+6.4% RSI(14)i58 YTDi+5.1% % from ATHi−1.4% Sharpe(1Y)i+1.59

RUTRussell 2000

2,833.50−3.47%

1D Range 2,819.03 — 2,914.03

1M Range 2,747.07 — 2,936.57

50-DMAi+3.2% 200-DMAi+10.4% RSI(14)i49 YTDi+13.0% % from ATHi−3.5% Sharpe(1Y)i+1.68

SOXXSemiconductors

539.77−10.44%

1D Range 539.57 — 580.50

1M Range 492.36 — 615.68

50-DMAi+19.1% 200-DMAi+58.1% RSI(14)i53 YTDi+72.1% % from ATHi−12.3% Sharpe(1Y)i+2.88

Risk & Breadth Gauges

RSPiS&P 500 Eq-Wt

207.83−1.42%

1D Range 207.30 — 210.36

1M Range 201.56 — 210.83

50-DMAi+3.4% 200-DMAi+6.7% RSI(14)i58 YTDi+7.8% vs SPX YTDi+0.1pp Cap-weight sharei-1%

VIXiVolatility Idx

21.51+33.94%

1D Range 15.56 — 21.57

1M Range 15.32 — 21.51

50-DMAi+11.4% 200-DMAi+16.9% RSI(14)i65 YTDi+48.2%

DXYTrade-Wt. USD

111.38−0.22%

5D Range 111.38 — 111.87

1M Range 110.29 — 111.93

50-DMAi−0.1% 200-DMAi0.0% RSI(14)i51 YTDi+0.2%

World Markets

FTSEFTSE 100

10,368.05+0.07%

1D Range 10,331.54 — 10,415.74

1M Range 10,195.37 — 10,505.01

50-DMAi+0.2% 200-DMAi+4.2% RSI(14)i49 YTDi+4.2% % from ATHi−5.2% Sharpe(1Y)i+1.67

N225Nikkei 225

66,588.12−1.31%

1D Range 65,862.21 — 67,115.00

1M Range 59,804.41 — 68,402.13

50-DMAi+12.7% 200-DMAi+27.9% RSI(14)i64 YTDi+28.5% % from ATHi−3.0% Sharpe(1Y)i+2.47

HSIHang Seng

24,961.95−1.15%

1D Range 24,928.14 — 25,216.18

1M Range 24,961.95 — 26,626.29

50-DMAi−3.0% 200-DMAi−4.1% RSI(14)i40 YTDi−5.2% % from ATHi−11.0% Sharpe(1Y)i+0.61

Global Equity Baskets

URTHMSCI World

200.38−2.57%

1D Range 199.85 — 204.36

1M Range 198.97 — 206.18

50-DMAi+3.1% 200-DMAi+7.3% RSI(14)i49 YTDi+7.4% % from ATHi−2.8% Sharpe(1Y)i+1.87

EEMMSCI Emerging

64.59−6.53%

1D Range 64.37 — 66.89

1M Range 64.26 — 70.80

50-DMAi+2.0% 200-DMAi+12.4% RSI(14)i43 YTDi+14.8% % from ATHi−8.8% Sharpe(1Y)i+1.72

Valuations

CAPE 10iShiller P/E

41.6Overvalued

−2.64% today

Long-run mean17.4 Median16.1 All-time high44.2 (Dec 1999) % from ATHi−5.9%

Trailing P/EiS&P 500 (TTM)

31.8Overvalued

−2.64% 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

Healthcare+0.19%

Real Estate−0.05%

Financials−0.18%

Staples−0.21%

Utilities−1.06%

Materials−1.12%

Telecom−1.41%

Industrials−2.03%

Discretionary−4.13%

Tech−4.51%

Energy−5.64%

04.3US Treasuries & Credit

Bid

Refreshed 6 Jun 2026 17:02 UTC · 19:02 CEST Sources ⓘ

Treasuries are catching a modest flight-to-quality bid, with the 2Y yield down 3 bp to 4.05% and the 10Y and 30Y each off 2 bp to 4.47% and 4.97% respectively. The 2s10s spread holds at +42 bp, indicating a modestly upward-sloping curve with no meaningful steepening or flattening on the day. Real rates are unchanged at 2.11% on the 10Y TIPS and the 10Y breakeven is flat at 2.36%, so the Treasury rally is entirely nominal with no shift in inflation expectations. Credit spreads are barely moving: HY OAS tightened 1 bp to 274 bp and IG OAS is flat at 74 bp, a notable divergence from the equity selloff that suggests credit markets are not yet pricing a stress scenario.

US2YiTreasury 2Y

4.05%−3 bp

5D Range 3.98 — 4.08

1M Range 3.87 — 4.13

5-day Δ+6 bp YTD Δ+58 bp

US10YiTreasury 10Y

4.47%−2 bp

5D Range 4.45 — 4.49

1M Range 4.36 — 4.67

10–2 spread+42 bp YTD Δ+28 bp

US30YiTreasury 30Y

4.97%−2 bp

5D Range 4.97 — 4.99

1M Range 4.94 — 5.18

5-day Δ−1 bp YTD Δ+11 bp

Fiscal

US Debt & Servicing

Total Public Debti

$39.23T +$27.2B (1d)

+8.3% YoY

Annual Interest (gross)i

$1.32T +10.3% YoY

gross · avg rate 3.35%

Rate & Rollover Risk

Wtd Avg Rate on Debti

3.35% +0.06pp YoY

on total interest-bearing debt

Maturing < 1 Yeari

26.0%

~$10.21T · refinancing-risk gauge

Macro Bond

Real Rates & Credit

Real Rates & Inflation Expectations

10Y TIPS Reali

2.11% 0 bp

10Y nominal − inflation expectations

10Y Breakeveni

2.36% 0 bp

market-implied 10Y CPI

Credit Spreads

HY OASi

2.74% −1 bp

ICE BofA US HY

IG OASi

0.74% 0 bp

tight · late-cycle

04.4Japan Rates · JGB Curve

Offered

Refreshed 6 Jun 2026 17:02 UTC · 19:02 CEST Sources ⓘ

No JGB curve data is available for today's session. The Japan Rates section will update when feed data is restored.

JP2YiJGB 2Y

1.42%+2 bp

5D Range 1.38 — 1.42

1M Range 1.37 — 1.46

5-day Δ+5 bp YTD Δ+22 bp

JP10YiJGB 10Y

2.67%+3 bp

5D Range 2.58 — 2.68

1M Range 2.48 — 2.78

10–2 spread+125 bp YTD Δ+56 bp

JP30YiJGB 30Y

3.83%+2 bp

5D Range 3.81 — 3.86

1M Range 3.71 — 4.04

5-day Δ−6 bp YTD Δ+44 bp

04.5Commodities

Mixed

Refreshed 6 Jun 2026 17:02 UTC · 19:02 CEST Sources ⓘ

Energy is sharply higher, with WTI crude up 5.27% and Brent up 5.82%, providing a stark contrast to the risk-off tone in equities. Precious metals are under pressure despite the equity selloff: Gold (XAU) is down 3.10% to $4,365.30 and Silver is off 6.58% to $69.103, suggesting forced liquidation or a strong dollar impulse is overwhelming safe-haven demand. Natural gas is down 8.08%, adding to the mixed commodity picture.

CLWTI Crude

$95.96+5.27%

5D Range $91.16 — $97.63

1M Range $91.16 — $112.25

50-DMAi−4.5% 200-DMAi+31.3% RSI(14)i45 YTDi+67.7%

COBrent

$98.29+5.82%

5D Range $92.88 — $102.75

1M Range $92.88 — $124.24

50-DMAi−12.7% 200-DMAi+23.8% RSI(14)i41 YTDi+58.6%

NGNatural Gas

$3.07−8.08%

5D Range $3.04 — $3.34

1M Range $2.63 — $3.34

50-DMAi+7.0% 200-DMAi−16.8% RSI(14)i53 YTDi+8.9%

XAUGold

$4,365.30−3.10%

5D Range $4,336.60 — $4,508.70

1M Range $4,365.30 — $4,706.70

50-DMAi−6.0% 200-DMAi−4.8% RSI(14)i35 YTDi−0.5%

XAGSilver

$69.10−6.58%

5D Range $67.70 — $74.38

1M Range $69.10 — $89.37

50-DMAi−10.5% 200-DMAi−4.7% RSI(14)i33 YTDi−5.1%

04.6Crypto Assets

Bearish

Refreshed 6 Jun 2026 17:02 UTC · 19:02 CEST Sources ⓘ

Bitcoin is holding near flat at $60,798.62 (+0.55%), a relative outperformer on a day when total crypto market cap is down 1.32% and Ethereum is off 1.13% to $1,565.08 and Solana -2.31% to $62.15. BTC dominance sits at 56.1%, consistent with capital rotating toward the largest asset in a risk-off environment. Spot ETF flows are negative: BTC saw $326M in outflows and ETH $6M, and the 7-day BTC ETF flow is a cumulative -$1,722M, indicating sustained institutional de-risking. Perpetual funding rates are negative for both BTC (-0.81% APR) and ETH (-3.32% APR), meaning shorts are paying longs and positioning is skewed defensively. The Crypto Fear and Greed Index at 12 (Extreme Fear) and a 5.82% drop in global DeFi TVL round out a picture of broad stress across the asset class.

BTCBitcoin

$60,798.62+0.55%

1D Range $59,228.00 — $61,876.00

1M Range $60,766.02 — $82,199.99

50-DMAi−20.4% 200-DMAi−22.8% 200-WMAi($61,813.20) −1.6% RSI(14)i15 % from ATHi−51.7% Sharpe(1Y)i−1.42

ETHEthereum

$1,565.08−1.13%

1D Range $1,512.07 — $1,615.94

1M Range $1,562.91 — $2,371.12

50-DMAi−28.5% 200-DMAi−36.5% 200-WMAi($2,470.70) −36.7% RSI(14)i13 % from ATHi−67.9% Sharpe(1Y)i−1.73

SOLSolana

$62.15−2.31%

1D Range $60.11 — $64.83

1M Range $62.10 — $97.36

50-DMAi−26.9% 200-DMAi−39.5% 200-WMAi($106.34) −41.6% RSI(14)i16 % from ATHi−78.8% Sharpe(1Y)i−1.80

ENAEthena

$0.0912−3.49%

1D Range $0.0871 — $0.0985

1M Range $0.0867 — $0.1319

50-DMAi−17.1% 200-DMAi−39.2% RSI(14)i43 % from ATHi−94.0% Sharpe(1Y)i−1.88

HYPEHyperliquid

$58.04−2.81%

1D Range $57.44 — $61.15

1M Range $38.81 — $74.47

50-DMAi+17.4% 200-DMAi+61.5% RSI(14)i49 % from ATHi−21.3% Sharpe(1Y)i+0.84

PUMPPump.fun

$0.001405−4.91%

1D Range $0.001317 — $0.001478

1M Range $0.001405 — $0.002204

50-DMAi−21.9% 200-DMAi−33.1% RSI(14)i34 % from ATHi−83.7% Sharpe(1Y)i−0.48

Crypto Market

Macro Indicators

Market Caps & Dominance

BTC Mcapi

$1.21T +0.55%

56.1% of total

ETH Mcap

$188.9B −1.13%

8.7% of total

Stablecoin Mcap

$314.5B −0.18%

circulating supply

Total Crypto Mcap

$2.17T −1.32%

global market cap

Trading Volumes (24h)

CEX Volume (spot)

$124.7B −22.19%

24h · CoinGecko aggregate

DEX Volume (spot)

$13.2B +6.85%

24h · DefiLlama all chains

CEX Volume (perp)

$284.4B −26.77%

24h · derivatives exchanges

Hyperliquid (perp)

$9.8B −28.95%

24h · 230+ markets

DeFi Activity

Global DeFi TVL

$69.4B −5.82%

all chains

Lending TVL

$34.7B −0.65%

money markets

DEX TVL

$11.3B −1.81%

liquidity pools

ETH Staking APR

3.12%

Lido stETH base rate

Leverage & Sentiment

BTC Fundingi

−0.81% APR shorts pay

8h · Binance perp

ETH Fundingi

−3.32% APR shorts pay

8h · Binance perp

BTC L/S Ratioi

1.13 large traders long

1.13× longs vs shorts

Crypto F&Gi

12 Extreme Fear

0-100 · alternative.me

IPOR Rates

USDCi

3.40% −0.22 pp vs SOFR

24h avg 3.46%

USDTi

3.24% −0.38 pp vs SOFR

24h avg 3.22%

DAIi

2.62% −1.00 pp vs SOFR

24h avg 2.64%

WETHi

1.71% −0.01 pp vs avg

24h avg 1.73%

04.7Pre-IPO & Onchain Equity Perpsi

Bearishi

Refreshed 6 Jun 2026 17:02 UTC · 19:02 CEST Sources ⓘ

Pre-IPO perp marks are trading above their oracle valuations by an average of +11.12%, with Anthropic at +12.91% and OpenAI at +11.73% as the top contributors by absolute premium, and SpaceX at +8.73%.

SPACEXi SpaceX

$1.98T +2.80% 24h

+8.73% vs oraclei

Oraclei$1.82T Last roundi$137B · Jan 2023 Financialsi$18.7B · FY25 P/S (oracle)i97.5× OIi1,172 Fundingi+28.6%/yr Vol 24h$254k

Cross-venuei xyz:SPCX · $165.04/share · +0.22% · vol $15.3M

ANTHROPICi Anthropic

$1.59T +4.58% 24h

+12.91% vs oraclei

Oraclei$1.41T Last roundi$965B · May 2026 Financialsi$19.2B · Q1 26 P/S (oracle)i32.3× fwd · 73.2× TTM OIi5,198 Fundingi+42.5%/yr Vol 24h$614k

OPENAIi OpenAI

$1.26T -6.37% 24h

+11.73% vs oraclei

Oraclei$1.12T Last roundi$852B · Mar 2026 Financialsi$24B · Mar 26 P/S (oracle)i46.9× OIi2,265 Fundingi+38.4%/yr Vol 24h$110k

CRCLi Circle Internet

$77.96 -4.78% 24h

OIi387,948 Fundingi+30.5%/yr Vol 24h$22.8M

COINi Coinbase

$149.91 -0.54% 24h

OIi24,354 Fundingi+67.5%/yr Vol 24h$8.3M

MSTRi MicroStrategy

$118.53 -0.49% 24h

OIi177,891 Fundingi+150.3%/yr Vol 24h$15.9M

Sector-thematic equity baskets

MAG7i Magnificent 7

66.48 -1.62% 24h

OIi8,926 Fundingi0.0%/yr Vol 24h$318k

SEMISi Semiconductors

574.00 -1.54% 24h

OIi1,076 Fundingi0.0%/yr Vol 24h$187k

DEFENSEi Defense

63.76 +1.31% 24h

OIi830 Fundingi0.0%/yr Vol 24h$1k

ROBOTi Robotics

37.41 -2.46% 24h

OIi1,628 Fundingi0.0%/yr Vol 24h$13k

NUCLEARi Nuclear

122.48 -1.75% 24h

OIi506 Fundingi0.0%/yr Vol 24h$49k

04.8Crypto Treasuries & Spot ETF Flows

Distributing

Refreshed 6 Jun 2026 17:02 UTC · 19:02 CEST Sources ⓘ

Corporate and institutional treasury holdings remain substantial: 1,275,990 BTC (6.08% of supply, ~$77.5B), 7,428,359 ETH (6.16% of supply, ~$11.6B), and 18,457,162 SOL (3.19% of supply, ~$1.1B). Spot ETF flows are negative across all three assets on the latest day: BTC -$326M, ETH -$6M, and SOL -$13M, with the 7-day BTC total reaching -$1,722M and ETH -$174M. The sustained outflow trend signals that ETF-channel demand is in active retreat.

Asset	Total Held	USD Value	% of Supply	Top Public Holders
₿ Bitcoin BTC	1.28 M BTC	$77.5 B	6.08%	Strategy 844k · XXI 44k · Metaplanet 40k · MARA Holdings 35k · Bitcoin Standard Treasury Company 30k
Ξ Ethereum ETH	7.43 M ETH	$11.6 B	6.16%	BitMine Immersion 5.42M · SharpLink 869k · The Ether Machine 497k · Bit Digital 158k · Coinbase Global 151k
◎ Solana SOL	18.46 M SOL	$1.1 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…

AUM

$79.4 B

24h Flow−$326 M

7-day Flow−$1.72 B

YTD Flowi−$2.60 B

ETH 10 funds · ETHA, ETHB, FETH…

AUM

$9.4 B

24h Flow−$6 M

7-day Flow−$174 M

YTD Flowi−$1.12 B

SOL 6 funds · BSOL, VSOL, FSOL…

AUM

$691.2 M

24h Flow−$13 M

7-day Flow−$5 M

YTD Flowi−$21 M

05Technical Dashboard

Mixed

Refreshed 6 Jun 2026 17:02 UTC · 19:02 CEST Sources ⓘ

Asset	Last	Trendi	Supporti	Resistancei	RSIi	RSI Status	Signal
SPX S&P 500	7,383.74	Bullish	7,119.56	7,541.81	49	Neutral	Buyconf 75%
IXIC Nasdaq Comp.	25,709.43	Bullish	24,697.42	26,572.25	45	Neutral	Buyconf 75%
DXY Dollar Index	111.38	USD ↓	111.38	111.41	51	Neutral	Buyconf 60%
VIX Volatility	21.51	Elevated	19.31	21.57	65	Neutral	Holdconf 65%
US10Y US 10Y Yield	4.47%	Yields ↑	4.40%	4.49%	51	Neutral	Sell bondsconf 75%
CL WTI Crude	$95.96	Sideways	$73.11	$100.46	45	Neutral	Holdconf 50%
XAU Gold	$4,365	Bearish	$4,337	$4,584	35	Neutral	Sellconf 60%
BTC Bitcoin	$60,799	Bearish	$59,228	$76,381	15	Oversold	Holdconf 65%
ETH Ethereum	$1,565	Bearish	$1,512	$2,190	13	Oversold	Holdconf 65%

06Key Events

Next 7 days

Refreshed 6 Jun 2026 17:02 UTC · 19:02 CEST Sources ⓘ

The week's calendar is front-loaded with inflation data: the May Inflation Rate (MoM), Core Inflation Rate (MoM and YoY), and Producer Price Index (MoM) all print on June 10-11, making that two-day window the primary macro risk event for rates and risk assets. Michigan Consumer Sentiment for June follows on June 12. On the earnings side, Oracle (ORCL) reports June 10 and Adobe (ADBE) on June 11, both of which will be read as proxies for enterprise software and AI-related demand.

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

Tue
14:00 UTC · 16:00 CEST Existing Home Sales (May)Est: 4.05 M · prev 4.02 M High
Wed
12:30 UTC · 14:30 CEST CPI YoY (May)Est: 4.20 % · prev 3.80 % High
Wed
12:30 UTC · 14:30 CEST CPI MoM (May)Est: 0.30 % · prev 0.60 % High
Fri
14:00 UTC · 16:00 CEST Michigan Consumer Sentiment (Jun)Est: 46 · prev 44.80 High
Tue
14:00 UTC · 16:00 CEST Existing Home Sales MoM (May)Est: 0.50 % · prev 0.20 % Medium
Wed
12:30 UTC · 14:30 CEST CPI s.a (May)Est: 333.7 · prev 332.4 Medium
Wed
12:30 UTC · 14:30 CEST CPI (May)Est: 334.3 % · prev 333.0 % Medium
Thu
12:30 UTC · 14:30 CEST Core PPI MoM (May)Est: 0.40 % · prev 1 % Medium
Thu
12:30 UTC · 14:30 CEST Initial Jobless Claims (Jun/06)Est: 225 K · prev 225 K Medium
Wed
12:30 UTC · 14:30 CEST Core CPI (May)prev 335.4 % Low
Thu
12:30 UTC · 14:30 CEST PPI Ex Food, Energy and Trade YoY (May)Est: 4.40 % · prev 4.40 % Low
Thu
12:30 UTC · 14:30 CEST Core PPI YoY (May)Est: 5.30 % · prev 5.20 % Low
Thu
12:30 UTC · 14:30 CEST PPI Ex Food, Energy and Trade MoM (May)Est: 0.30 % · prev 0.60 % Low

Earnings — mega-cap reports drive index direction

Wed · After close ORCL — OracleEPS est $1.96 (+15% YoY) · Rev est $19.1B (+20% YoY) High
Thu · After close ADBE — AdobeEPS est $5.83 (+15% YoY) · Rev est $6.5B (+10% YoY) High

07Howard Marks' Market Cycle Indicators

Late-cyclei

Refreshed 6 Jun 2026 17:02 UTC · 19:02 CEST Sources ⓘ

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

View full cycle assessment — 9 indicators · 17 cited sources →

08Daily Alpha

Refreshed 6 Jun 2026 17:02 UTC · 19:02 CEST Sources ⓘ

Wait. Tech rout, VIX spike, and overvalued multiples demand patience before adding risk

Today's tape is a warning, not an invitation. The S&P 500 fell 2.64% and the VIX surged 33.94% to 21.51, with Technology down 4.51% and Energy off 5.64% - a sector spread of nearly 5.8 percentage points that signals late-cycle rotation stress, not broad-based selling. Advanced Micro Devices and Intel dropped 10.86% and 11.28% respectively, amplifying the semi-sector rout. Valuations offer no cushion: CAPE 10 sits at 41.57 (Overvalued, versus a 17.38 long-run mean) and trailing price-to-earnings at 31.83 (Overvalued, versus a 16.22 mean). The cycle reads Late, credit is tight (high-yield option-adjusted spreads at 274 basis points), and geopolitical headlines - an Iran conflict nearing 100 days and new Cuba sanctions per Bloomberg - are driving a bearish news score of -28. Crypto Fear and Greed at 12 (Extreme Fear) is a genuine contrarian signal for Bitcoin specifically, but Bitcoin ETF outflows of $325.7 million in 24 hours and a price below the 200-week moving average argue for patience even there. Pre-IPO perpetuals trading at an 11.1% average premium above oracle prices is a pocket of speculative excess that clashes with the broader risk-off move. Wait for stabilization.

24h Bias

Risk-off; wait for stabilization signal

Equities

Wait; CAPE 41 and tech rout unresolved

Bonds

Hold 30Y at 4.97%; real yield attractive

Commodities

Avoid gold/silver; WTI spike not chased

Crypto

Add small Bitcoin on Extreme Fear; hold ETH

Vol hedge

Hold VIX protection; spike may extend

Tech Rout and VIX Spike Signal Risk-Off

01Daily Summary

02Macro Snapshot

03News Sentiment

04.1Tech Equitiesi

04.2Indices

04.3US Treasuries & Credit

04.4Japan Rates · JGB Curve

04.5Commodities

04.6Crypto Assets

04.7Pre-IPO & Onchain Equity Perpsi

Sector-thematic equity baskets

04.8Crypto Treasuries & Spot ETF Flows

05Technical Dashboard

06Key Events

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

Earnings — mega-cap reports drive index direction

07Howard Marks' Market Cycle Indicators

08Daily Alpha

Wait. Tech rout, VIX spike, and overvalued multiples demand patience before adding risk