Daily Market Report

Hot CPI Confirms Inflation Reacceleration, Markets Retreat

Refreshed 10 Jun 2026 19:59 UTC · 21:59 CEST

01Daily Summary

Risk-Off
Refreshed 10 Jun 2026 19:59 UTC · 21:59 CEST Sources ⓘ

US May CPI came in at 4.2% year-over-year (up from 3.8% prior, in line with estimates), but the month-over-month print of 0.2% undercut the 0.3% estimate, offering a thin silver lining. It is not enough to offset the bigger picture: inflation is reaccelerating sharply from last year's pace, and the Fed funds band sits at 3.50-3.75%. The S&P 500 is down 1.4% so far today to 7,282, gold has shed nearly 4% to $4,115.60, and the VIX has jumped 9.7% to 21.79, signalling genuine stress heading into the close.

S&P 500−1.42%NASDAQ−1.73%US10Y+1 bpWTI+0.72%Gold−3.98%BTC+0.27%ETH−1.39%DXY+0.62%VIX+9.66%

02Macro Snapshot

Stagflation risk rising
Refreshed 10 Jun 2026 19:59 UTC · 21:59 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 for risk assets.
ECB Ratei 2.00 % unchanged 4 Jun 2026 16 Jul 2026 ECB rate at 2.00% supports European risk assets with stable 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 3.60 % −3 bp daily tomorrow SOFR at 3.60% falling 3bp indicates looser USD funding for risk assets.
IPOR USDCi 3.51 % −9 bp real-time — USDC IPOR at 3.51% below SOFR shows deleveraging in onchain USD.
IPOR WETHi 1.72 % +0 bp real-time — WETH IPOR rate at 1.72% reflects cooling onchain ETH leverage demand.
ETH Ratei 2.39 % — real-time — ETH staking yield at 2.39% indicates steady validator demand for native returns.
Inflation Latest Δ vs Prior Released Next Release Implication
CPI YoY (headline)i 4.2 % +0.4 pp 10 Jun 2026 14 Jul 2026 Headline CPI at 4.2% keeps Fed cautious on further policy easing.
CPI YoY (core)i 2.9 % +0.1 pp 10 Jun 2026 14 Jul 2026 Core CPI at 2.9% 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 accelerating ahead of CPI.
PPI YoY (core)i 5.2 % +1.3 pp 13 May 2026 11 Jun 2026 Core PPI at 5.2% reveals persistent upstream inflation 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 rising 172k indicate resilient labor market strength.
Unemployment Ratei 4.3 % unchanged pp 5 Jun 2026 2 Jul 2026 Unemployment at 4.3% points to increasing 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 reflects moderate manufacturing activity.
Retail Salesi (m/m) +0.5 % −1.4 pp 14 May 2026 17 Jun 2026 Retail sales up 0.5% show steady consumer demand.
ISM Manufacturing PMIi 54.0 +1.3 May 2026 — ISM manufacturing at 54.0 signals expansion in the factory sector.
ISM Services PMIi 54.5 +0.9 May 2026 — ISM services at 54.5 indicates ongoing expansion in the services sector.
Yield Curve Latest Δ vs Prior Released Next Release Implication
US 10Y2Y Spreadi 41 bp — daily tomorrow Positive curve. Recession odds receding.
Sentiment Latest Δ vs Prior Released Next Release Implication
CNN Fear & Greedi (Equity) 28 (Fear) −6 daily tomorrow CNN Fear & Greed at 28 signals Fear regime in equity markets.
Crypto Fear & Greedi 9 (Extreme Fear) −1 daily tomorrow Crypto Fear & Greed at 9 marks Extreme Fear as potential opportunity.
News Sentimenti −12 (Fear) −8 every 30 min — News sentiment at -12 reflects Fear in current narrative from articles.

03News Sentiment

Fear
Refreshed 10 Jun 2026 19:59 UTC · 21:59 CEST Sources ⓘ
Last 7 days · overall score (EWMA-smoothed) range −49 to +42 · current −12 (Fear) · −8 24h
7 days ago today
Direction
bull 39% bear 61% ± 15% uncertainty
Coverage
macro 56% crypto 27% mixed 17%
What's driving today's news sentiment Top 4 · sorted by impact
−47 Bearish short-term
Major US Banks Under Federal Debanking Probe Raises Market Concerns
Federal prosecutors are investigating top US banks over allegations of politically motivated customer debanking, indicating rising regulatory scrutiny and potential risks for crypto market liquidity and access.
bloomberg.comconf 85% Market-WideStablecoinsExchanges
−38 Bearish Anthropic's Claude Fable 5 Release Sparks Negative Market Sentiment Over Token Burn and Data Policies decrypt.co
0 Neutral Literary Interview Event with Author Alexander Starritt bloomberg.com
0 Neutral Ipsos Poll Indicates Majority Support for UK Rejoining EU, Political Discussion Highlights bloomberg.com

04.1Tech Equitiesi

Bearish
Refreshed 10 Jun 2026 19:59 UTC · 21:59 CEST Sources ⓘ

Tech is broadly under pressure so far today, with 8 of 9 names in the red heading into the close. Advanced Micro Devices leads losses at nearly -5%, followed by Tesla at -3.59% and Nvidia at -3.28%. Apple is the lone holdout, up a modest +0.80%, offering little offset to the sector-wide selling.

AAPLApple
$292.89+0.80%
1D Range $287.38 — $294.75
1M Range $290.55 — $315.20
P/E TTMi35.1 P/E Fwdi30.4 50-DMAi+3.8% 200-DMAi+10.3% RSI(14)i44 YTDi+7.6% % from ATHi−7.7% Sharpe(1Y)i+1.64
MSFTMicrosoft
$398.93−1.11%
1D Range $397.43 — $405.04
1M Range $397.71 — $460.52
P/E TTMi23.7 P/E Fwdi20.5 50-DMAi−2.5% 200-DMAi−12.5% RSI(14)i40 YTDi−15.9% % from ATHi−28.2% Sharpe(1Y)i−0.19
GOOGLAlphabet
$357.05−1.98%
1D Range $355.25 — $368.56
1M Range $355.91 — $402.62
P/E TTMi27.0 P/E Fwdi25.1 50-DMAi+0.3% 200-DMAi+17.1% RSI(14)i39 YTDi+12.9% % from ATHi−12.6% Sharpe(1Y)i+2.53
AMZNAmazon
$238.38−2.38%
1D Range $237.45 — $244.05
1M Range $238.01 — $274.00
P/E TTMi28.2 P/E Fwdi27.1 50-DMAi−5.4% 200-DMAi+2.6% RSI(14)i32 YTDi+5.1% % from ATHi−14.4% Sharpe(1Y)i+0.91
NVDANVIDIA
$201.37−3.28%
1D Range $199.92 — $207.22
1M Range $201.49 — $235.74
P/E TTMi30.6 P/E Fwdi22.6 50-DMAi−1.4% 200-DMAi+6.7% RSI(14)i42 YTDi+6.7% % from ATHi−14.9% Sharpe(1Y)i+1.67
METAMeta Platforms
$572.51−2.07%
1D Range $570.60 — $591.30
1M Range $571.55 — $635.29
P/E TTMi20.6 P/E Fwdi17.4 50-DMAi−7.7% 200-DMAi−13.5% RSI(14)i36 YTDi−12.1% % from ATHi−28.1% Sharpe(1Y)i+0.11
TSLATesla
$382.43−3.59%
1D Range $380.15 — $397.09
1M Range $381.72 — $445.27
P/E TTMi319.1 P/E Fwdi202.8 50-DMAi−3.4% 200-DMAi−7.8% RSI(14)i39 YTDi−12.9% % from ATHi−23.3% Sharpe(1Y)i+0.87
INTCIntel
$107.05−0.81%
1D Range $104.92 — $111.50
1M Range $99.17 — $123.52
P/E TTMin/a P/E Fwdi98.8 50-DMAi+18.8% 200-DMAi+107.0% RSI(14)i51 YTDi+173.2% % from ATHi−19.4% Sharpe(1Y)i+2.52
AMDAMD
$451.76−4.99%
1D Range $448.33 — $477.45
1M Range $414.05 — $542.52
P/E TTMi147.1 P/E Fwdi60.5 50-DMAi+24.0% 200-DMAi+82.5% RSI(14)i50 YTDi+102.3% % from ATHi−17.3% Sharpe(1Y)i+2.49

04.2Indices

Bearishi
Refreshed 10 Jun 2026 19:59 UTC · 21:59 CEST Sources ⓘ

US equities are taking a broad hit so far today, with the S&P 500 down 1.42%, the Nasdaq off 1.73%, and the Dow shedding 1.72% heading into the close. The Philadelphia Semiconductor Index (SOXX) is the standout laggard, down 3.42%, consistent with the chip-led tech selloff. The VIX has jumped nearly 10% to 21.79, signaling a meaningful uptick in near-term hedging demand. Breadth is worth noting: the cap-weighted S&P 500 is now trailing the equal-weight RSP by 1.06 percentage points on a YTD basis, meaning the average S&P 500 name is actually outperforming the index today as Mag7 concentration works against the cap-weighted benchmark. Global markets are also weaker, with the Nikkei off 1.89% and the MSCI World ETF (URTH) down 1.28%.

US Equity Benchmarks
SPXS&P 500
7,281.69−1.42%
1D Range 7,267.35 — 7,396.56
1M Range 7,285.51 — 7,609.77
50-DMAi+1.5% 200-DMAi+6.1% RSI(14)i42 YTDi+6.2% % from ATHi−4.4% Sharpe(1Y)i+1.98
IXICNasdaq Comp.
25,235.51−1.73%
1D Range 25,145.30 — 25,726.00
1M Range 25,209.93 — 27,093.90
50-DMAi+1.5% 200-DMAi+8.1% RSI(14)i39 YTDi+8.5% % from ATHi−7.0% Sharpe(1Y)i+1.98
DJIDow Jones Ind.
49,995.98−1.72%
1D Range 49,946.55 — 50,769.26
1M Range 49,363.89 — 51,561.94
50-DMAi+1.7% 200-DMAi+4.3% RSI(14)i47 YTDi+3.2% % from ATHi−3.1% Sharpe(1Y)i+1.53
RUTRussell 2000
2,838.28−1.00%
1D Range 2,833.47 — 2,905.28
1M Range 2,747.07 — 2,936.57
50-DMAi+2.6% 200-DMAi+10.2% RSI(14)i49 YTDi+13.2% % from ATHi−3.3% Sharpe(1Y)i+1.78
SOXXSemiconductors
542.89−3.42%
1D Range 539.38 — 572.43
1M Range 495.87 — 615.68
50-DMAi+16.2% 200-DMAi+56.8% RSI(14)i52 YTDi+73.5% % from ATHi−11.8% Sharpe(1Y)i+2.90
Risk & Breadth Gauges
RSPiS&P 500 Eq-Wt
206.79−1.15%
1D Range 206.45 — 209.93
1M Range 201.56 — 210.83
50-DMAi+2.4% 200-DMAi+5.9% RSI(14)i53 YTDi+7.3% vs SPX YTDi+1.1pp Cap-weight sharei-17%
VIXiVolatility Idx
21.79+9.66%
1D Range 20.06 — 22.66
1M Range 15.32 — 21.80
50-DMAi+16.2% 200-DMAi+18.2% RSI(14)i62 YTDi+50.2%
MOVEiMOVE Index
77.03+0.00%
5D Range 71.16 — 77.03
1M Range 69.63 — 86.07
50-DMAi+3.3% 200-DMAi+5.1% RSI(14)i54 YTDi+23.5%
DXYTrade-Wt. USD
112.68+0.62%
5D Range 111.70 — 112.68
1M Range 110.34 — 112.68
50-DMAi+1.1% 200-DMAi+1.1% RSI(14)i66 YTDi+1.4%
World Markets
FTSEFTSE 100
10,254.58+0.27%
1D Range 10,127.60 — 10,263.81
1M Range 10,195.37 — 10,505.01
50-DMAi−1.2% 200-DMAi+2.8% RSI(14)i43 YTDi+3.1% % from ATHi−6.2% Sharpe(1Y)i+1.56
N225Nikkei 225
64,179.27−1.89%
1D Range 63,733.04 — 65,098.86
1M Range 59,804.41 — 68,402.13
50-DMAi+7.1% 200-DMAi+22.4% RSI(14)i52 YTDi+23.8% % from ATHi−6.5% Sharpe(1Y)i+2.28
HSIHang Seng
24,407.96−0.64%
1D Range 24,207.03 — 24,505.96
1M Range 24,407.97 — 26,389.05
50-DMAi−5.1% 200-DMAi−6.2% RSI(14)i34 YTDi−7.3% % from ATHi−13.0% Sharpe(1Y)i+0.46
Global Equity Baskets
URTHMSCI World
197.81−1.28%
1D Range 197.50 — 200.57
1M Range 197.75 — 206.18
50-DMAi+1.1% 200-DMAi+5.7% RSI(14)i42 YTDi+6.0% % from ATHi−4.1% Sharpe(1Y)i+1.83
EEMMSCI Emerging
64.76−1.61%
1D Range 64.47 — 66.28
1M Range 64.26 — 70.80
50-DMAi+1.3% 200-DMAi+12.2% RSI(14)i44 YTDi+15.3% % from ATHi−8.5% Sharpe(1Y)i+1.71
Valuations
CAPE 10iShiller P/E
41.5Overvalued
−0.30% today
Long-run mean17.4 Median16.1 All-time high44.2 (Dec 1999) % from ATHi−6.0%
Trailing P/EiS&P 500 (TTM)
31.8Overvalued
−0.30% 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
Financials+0.63%
Staples+0.33%
Tech−0.22%
Energy−0.24%
Telecom−1.46%
Healthcare−1.74%
Discretionary−1.80%
Utilities−1.84%
Industrials−1.85%
Real Estate−1.93%
Materials−2.03%

04.3US Treasuries & Credit

Offered
Refreshed 10 Jun 2026 19:59 UTC · 21:59 CEST Sources ⓘ

The Treasury curve is bear-steepening so far today: the 2-year yield has dipped 2 basis points to 4.15% while the 10-year and 30-year have edged up 1 and 2 basis points to 4.56% and 5.03% respectively, pushing the 2s10s spread to +41 basis points. Real rates are nudging higher, with the 10-year TIPS yield up 2 basis points to 2.21%, while the 10-year breakeven has slipped 2 basis points to 2.33%, suggesting the move in nominals at the long end is being driven by real yields rather than inflation re-pricing. Credit spreads are modestly wider on the day, with high-yield OAS up 3 basis points to 278 basis points while investment-grade OAS holds flat at 75 basis points, pointing to selective risk-off rather than a broad credit dislocation.

US2YiTreasury 2Y
4.15%−2 bp
5D Range 4.05 — 4.17
1M Range 3.90 — 4.17
5-day Δ+10 bp YTD Δ+68 bp
US10YiTreasury 10Y
4.56%+1 bp
5D Range 4.46 — 4.56
1M Range 4.38 — 4.67
10–2 spread+41 bp YTD Δ+37 bp
US30YiTreasury 30Y
5.03%+2 bp
5D Range 4.97 — 5.03
1M Range 4.95 — 5.18
5-day Δ+4 bp YTD Δ+17 bp
Fiscal
US Debt & Servicing
US Debt & Servicing
Total Public Debti
$39.23T +$10.8B (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
2.21% +2 bp
10Y nominal − inflation expectations
10Y Breakeveni
2.33% −2 bp
market-implied 10Y CPI
Credit Spreads
HY OASi
2.78% +3 bp
ICE BofA US HY
IG OASi
0.75% 0 bp
tight · late-cycle

04.4Japan Rates · JGB Curve

Bid
Refreshed 10 Jun 2026 19:59 UTC · 21:59 CEST Sources ⓘ

No JGB curve data is available for this snapshot. The section will update when Japanese market data is published.

JP2YiJGB 2Y
1.42%0 bp
5D Range 1.40 — 1.42
1M Range 1.37 — 1.46
5-day Δ+4 bp YTD Δ+23 bp
JP10YiJGB 10Y
2.67%−5 bp
5D Range 2.65 — 2.71
1M Range 2.55 — 2.78
10–2 spread+125 bp YTD Δ+56 bp
JP30YiJGB 30Y
3.82%−5 bp
5D Range 3.82 — 3.88
1M Range 3.78 — 4.04
5-day Δ+1 bp YTD Δ+43 bp

04.5Commodities

Mixed
Refreshed 10 Jun 2026 19:59 UTC · 21:59 CEST Sources ⓘ

Gold is the standout mover so far today, down nearly 4% to $4,115.60 as risk-off flows are not translating into safe-haven demand for the metal - a notable divergence given the equity selloff. Silver is also softer, off 1.60% to $64.195. Energy is holding up comparatively well, with WTI and Brent both fractionally positive and natural gas up 1.64%.

CLWTI Crude
$95.00+0.72%
5D Range $94.32 — $99.76
1M Range $91.16 — $112.25
50-DMAi−5.7% 200-DMAi+28.5% RSI(14)i45 YTDi+66.1%
COBrent
$97.46+0.17%
5D Range $97.29 — $101.69
1M Range $92.88 — $116.73
50-DMAi−12.5% 200-DMAi+21.5% RSI(14)i42 YTDi+57.2%
NGNatural Gas
$3.10+1.64%
5D Range $2.97 — $3.10
1M Range $2.75 — $3.34
50-DMAi+7.7% 200-DMAi−16.1% RSI(14)i54 YTDi+9.9%
XAUGold
$4,115.60−3.98%
5D Range $4,105.10 — $4,281.10
1M Range $4,110.30 — $4,593.00
50-DMAi−10.4% 200-DMAi−10.2% RSI(14)i25 YTDi−6.3%
XAGSilver
$64.19−1.60%
5D Range $63.47 — $65.89
1M Range $64.06 — $77.96
50-DMAi−16.3% 200-DMAi−11.8% RSI(14)i28 YTDi−12.0%

04.6Crypto Assets

Bearish
Refreshed 10 Jun 2026 19:59 UTC · 21:59 CEST Sources ⓘ

Crypto is under modest but broad pressure so far today, with total market cap down 0.79% over 24 hours and DeFi TVL off 2.54%. Bitcoin is the relative outperformer at +0.27% to $61,891.84, while Ethereum is down 1.39% to $1,628.23 and Solana has shed 2.11% to $63.55. BTC dominance sits at 56.2%, reflecting continued rotation away from altcoins. Spot ETF flows published so far show BTC at -$77M and ETH at -$41M for the latest day, consistent with the 7-day BTC trend of -$888M in cumulative outflows. Perpetual funding rates are negative across the board (BTC at -0.84% APR, ETH at -3.57% APR), indicating net short positioning in derivatives. The Crypto Fear and Greed Index has collapsed to 9, deep in Extreme Fear territory.

BTCBitcoin
$61,891.84+0.27%
1D Range $60,882.00 — $62,624.00
1M Range $60,850.48 — $81,079.39
50-DMAi−17.8% 200-DMAi−20.9% 200-WMAi($62,013.80) −0.2% RSI(14)i25 % from ATHi−50.9% Sharpe(1Y)i−1.42
ETHEthereum
$1,628.23−1.39%
1D Range $1,610.33 — $1,663.56
1M Range $1,568.87 — $2,283.08
50-DMAi−23.7% 200-DMAi−33.2% 200-WMAi($2,469.79) −34.1% RSI(14)i25 % from ATHi−66.6% Sharpe(1Y)i−1.59
SOLSolana
$63.55−2.11%
1D Range $62.91 — $65.71
1M Range $62.17 — $94.27
50-DMAi−23.8% 200-DMAi−37.3% 200-WMAi($106.46) −40.3% RSI(14)i25 % from ATHi−78.3% Sharpe(1Y)i−1.77
ENAEthena
$0.0725−9.75%
1D Range $0.0723 — $0.0810
1M Range $0.0723 — $0.1218
50-DMAi−27.5% 200-DMAi−51.7% RSI(14)i32 % from ATHi−95.2% Sharpe(1Y)i−2.21
HYPEHyperliquid
$54.01−6.52%
1D Range $53.64 — $58.29
1M Range $38.81 — $74.47
50-DMAi+6.3% 200-DMAi+48.4% RSI(14)i45 % from ATHi−26.7% Sharpe(1Y)i+0.72
PUMPPump.fun
$0.001390−9.05%
1D Range $0.001391 — $0.001542
1M Range $0.001390 — $0.001971
50-DMAi−22.8% 200-DMAi−33.8% RSI(14)i37 % from ATHi−83.8% Sharpe(1Y)i−0.48
Crypto Market
Macro Indicators
Market Caps & Dominance
BTC Mcapi
$1.24T +0.27%
56.2% of total
ETH Mcap
$196.5B −1.39%
8.9% of total
Stablecoin Mcap
$313.9B −0.32%
circulating supply
Total Crypto Mcap
$2.21T −0.79%
global market cap
Trading Volumes (24h)
CEX Volume (spot)
$96.5B +14.21%
24h · CoinGecko aggregate
DEX Volume (spot)
$6.8B −5.60%
24h · DefiLlama all chains
CEX Volume (perp)
$242.1B −5.94%
24h · derivatives exchanges
Hyperliquid (perp)
$5.7B −13.60%
24h · 230+ markets
DeFi Activity
Global DeFi TVL
$70.2B −2.54%
all chains
Lending TVL
$35.0B −1.35%
money markets
DEX TVL
$11.3B −0.54%
liquidity pools
ETH Staking APR
2.39%
Lido stETH base rate
Leverage & Sentiment
BTC Fundingi
−0.84% APR shorts pay
8h · Binance perp
ETH Fundingi
−3.57% APR shorts pay
8h · Binance perp
BTC L/S Ratioi
1.11 large traders long
1.11× longs vs shorts
Crypto F&Gi
9 Extreme Fear
Δ −1 vs yesterday · 0-100
IPOR Rates
USDCi
3.51% −0.09 pp vs SOFR
24h avg 3.56%
USDTi
2.98% −0.62 pp vs SOFR
24h avg 3.13%
DAIi
6.87% +3.27 pp vs SOFR
24h avg 6.05%
WETHi
1.72% −0.00 pp vs avg
24h avg 1.73%

04.7Pre-IPO & Onchain Equity Perpsi

Bearishi
Refreshed 10 Jun 2026 19:59 UTC · 21:59 CEST Sources ⓘ

Pre-IPO perp marks are trading at an average premium of +13.00% above oracle valuations across the three names, with Anthropic the top contributor at +15.16%, followed by OpenAI at +14.01% and SpaceX at +9.81%.

SPACEXi SpaceX
$2.07T -0.47% 24h
+9.81% vs oraclei
Oraclei$1.88T Last roundi$137B · Jan 2023 Financialsi$18.7B · FY25 P/S (oracle)i100.7× OIi1,541 Fundingi+32.0%/yr Vol 24h$265k
Cross-venuei xyz:SPCX · $163.54/share · +3.86% · vol $68.3M
ANTHROPICi Anthropic
$1.70T +0.83% 24h
+15.16% vs oraclei
Oraclei$1.48T Last roundi$965B · May 2026 Financialsi$19.2B · Q1 26 P/S (oracle)i33.9× fwd · 77.1× TTM OIi5,282 Fundingi+52.0%/yr Vol 24h$351k
OPENAIi OpenAI
$1.31T +2.98% 24h
+14.01% vs oraclei
Oraclei$1.15T Last roundi$852B · Mar 2026 Financialsi$24B · Mar 26 P/S (oracle)i47.9× OIi2,189 Fundingi+47.6%/yr Vol 24h$621k
CRCLi Circle Internet
$79.48 -2.10% 24h
OIi358,949 Fundingi+17.1%/yr Vol 24h$18.3M
COINi Coinbase
$154.90 -0.25% 24h
OIi30,303 Fundingi+5.5%/yr Vol 24h$5.5M
MSTRi MicroStrategy
$115.99 -0.92% 24h
OIi254,326 Fundingi+5.5%/yr Vol 24h$18.4M

Sector-thematic equity baskets

MAG7i Magnificent 7
64.38 -2.07% 24h
OIi12,757 Fundingi+11.6%/yr Vol 24h$470k
SEMISi Semiconductors
572.32 -3.20% 24h
OIi615 Fundingi+5.5%/yr Vol 24h$235k
DEFENSEi Defense
62.42 -2.62% 24h
OIi677 Fundingi+5.5%/yr Vol 24h$381
ROBOTi Robotics
36.34 -3.74% 24h
OIi1,360 Fundingi+5.5%/yr Vol 24h$27k
NUCLEARi Nuclear
116.02 -4.80% 24h
OIi472 Fundingi+474.1%/yr Vol 24h$6k

04.8Crypto Treasuries & Spot ETF Flows

Distributing
Refreshed 10 Jun 2026 19:59 UTC · 21:59 CEST Sources ⓘ

Spot ETF flows are negative on both the latest day and the 7-day window for Bitcoin, with -$77M on the day and -$888M over the past week, while Ethereum has seen -$41M today against a near-flat 7-day cumulative of +$2M. Corporate and institutional treasury holdings remain substantial: tracked entities hold 1,277,540 BTC (6.08% of supply), 7,555,330 ETH (6.26% of supply), and 18,457,162 SOL (3.18% of supply), suggesting long-term holders are not yet reducing core positions despite the ETF outflow trend.

Asset Total Held USD Value % of Supply Top Public Holders
₿
Bitcoin
BTC
 1.28 M BTC $79.1 B 6.08% Strategy 845k · XXI 44k · Metaplanet 40k · MARA Holdings 35k · Bitcoin Standard Treasury Company 30k
Ξ
Ethereum
ETH
 7.56 M ETH $12.3 B 6.26% BitMine Immersion 5.54M · SharpLink 869k · The Ether Machine 497k · Bit Digital 158k · Coinbase Global 151k
◎
Solana
SOL
 18.46 M SOL $1.2 B 3.18% 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 $47.4 B 2. FBTC Fidelity $13.4 B 3. GBTC Grayscale $8.9 B 4. BTC Grayscale Mini $3.3 B 5. ARKB ARK 21Shares $2.8 B + 8 more Flow data as of 09 Jun 2026
AUM
$81.0 B
24h Flow−$77 M
7-day Flow−$888 M
YTD Flowi−$2.77 B
ETH 10 funds · ETHA, ETHB, FETH… Top 5 of 10 funds (by AUM) 1. ETHA BlackRock $4.7 B 2. ETH Grayscale Mini $1.5 B 3. ETHE Grayscale $1.3 B 4. FETH Fidelity $994.2 M 5. ETHB BlackRock $516.5 M + 5 more Flow data as of 09 Jun 2026
AUM
$9.4 B
24h Flow−$41 M
7-day Flow+$2 M
YTD Flowi−$1.08 B
SOL 6 funds · BSOL, VSOL, FSOL… Top 5 of 6 funds (by AUM) 1. BSOL Bitwise $582.5 M 2. GSOL Grayscale $90.3 M 3. VSOL VanEck $11.9 M 4. SOEZ Franklin $7.4 M 5. TSOL VanEck $2.6 M + 1 more Flow data as of 09 Jun 2026
AUM
$694.8 M
24h Flow+$1 M
7-day Flow−$12 M
YTD Flowi−$31 M

05Technical Dashboard

Mixed
Refreshed 10 Jun 2026 19:59 UTC · 21:59 CEST Sources ⓘ
Asset Last Trendi Supporti Resistancei RSIi RSI Status Signal
SPX S&P 500 7,281.69 Bullish 7,174.53 7,396.56 42 Neutral Buyconf 75%
IXIC Nasdaq Comp. 25,235.51 Bullish 24,863.44 25,726.00 39 Neutral Buyconf 65%
DXY Dollar Index 112.68 USD ↑ 111.45 112.68 66 Neutral Sellconf 65%
VIX Volatility 21.79 Elevated 18.75 22.66 62 Neutral Holdconf 65%
US10Y US 10Y Yield 4.56% Yields ↑ 4.41% 4.56% 60 Neutral Sell bondsconf 75%
CL WTI Crude $95.00 Sideways $73.92 $100.75 45 Neutral Holdconf 50%
XAU Gold $4,116 Bearish $4,105 $4,585 25 Oversold Holdconf 50%
BTC Bitcoin $61,892 Bearish $60,882 $75,308 25 Oversold Holdconf 65%
ETH Ethereum $1,628 Bearish $1,610 $2,135 25 Oversold Holdconf 65%

06Key Events

Next 7 days
Refreshed 10 Jun 2026 19:59 UTC · 21:59 CEST Sources ⓘ

Oracle (ORCL) reports earnings today and Adobe (ADBE) is on deck tomorrow, making the next 24 hours a live test of enterprise software sentiment heading into the close. The bigger macro focal point is next week: the Fed Interest Rate Decision, FOMC Economic Projections, and Fed Chair press conference are all slated for June 17, with Retail Sales (May) also due that day and Building Permits (May) on June 16, giving markets 14 high-impact US macro events to navigate over the next seven days.

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

  • Fri
    14:00 UTC · 16:00 CEST     Michigan Consumer Sentiment (Jun)Est: 46 · prev 44.80 High
  • Tue
    12:30 UTC · 14:30 CEST     Housing Starts (May)Est: 1.46 M · prev 1.47 M High
  • Wed, Jun 17 Retail Sales MoM (May)Est: 0.60 % · prev 0.50 % High
  • Wed, Jun 17 FOMC Economic Projections High
  • Tomorrow
    12:30 UTC · 14:30 CEST     Core PPI MoM (May)Est: 0.50 % · prev 1 % Medium
  • Tomorrow
    12:30 UTC · 14:30 CEST     Initial Jobless Claims (Jun/06)Est: 219 K · prev 225 K Medium
  • Mon
    13:15 UTC · 15:15 CEST     Industrial Production MoM (May)Est: 0.50 % · prev 0.70 % Medium
  • Tue
    12:30 UTC · 14:30 CEST     Housing Starts MoM (May)Est: -0.30 % · prev -2.80 % Medium
  • Wed, Jun 17 Retail Sales Ex Autos MoM (May)Est: 0.60 % · prev 0.70 % Medium
  • Tomorrow
    12:30 UTC · 14:30 CEST     Core PPI YoY (May)Est: 5.40 % · prev 5.20 % Low
  • Tomorrow
    12:30 UTC · 14:30 CEST     PPI Ex Food, Energy and Trade MoM (May)Est: 0.30 % · prev 0.60 % Low
  • Tomorrow
    12:30 UTC · 14:30 CEST     PPI Ex Food, Energy and Trade YoY (May)Est: 4.40 % · prev 4.40 % Low
  • Mon
    13:15 UTC · 15:15 CEST     Industrial Production YoY (May)Est: 1.90 % · prev 1.40 % Low
  • Wed, Jun 17 Retail Sales Ex Gas/Autos MoM (May)Est: 0.50 % · prev 0.50 % Low
  • Wed, Jun 17 Retail Sales YoY (May)Est: 4 % · prev 4.90 % Low
1 / 3

Earnings — mega-cap reports drive index direction

  • Today · After close ORCL — OracleEPS est $1.96 (+15% YoY) · Rev est $19.1B (+20% YoY) High
  • Tomorrow · After close ADBE — AdobeEPS est $5.83 (+15% YoY) · Rev est $6.5B (+10% YoY) High
1 / 1

07Howard Marks' Market Cycle Indicators

Mid-cyclei
Refreshed 10 Jun 2026 19:59 UTC · 21:59 CEST Sources ⓘ

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

Today's read

The economy stays vibrant with PMIs above 54 and positive payrolls, and Capital Markets plus Yield Spreads remain warm on stretched valuations (CAPE 41.54, HY OAS 278bp). Interest Rates, Terms, and Investors are clearly cold, anchored by a 2.21% real yield and equity Fear-and-Greed at 27.8.

View full cycle assessment — 9 indicators · 19 cited sources →

08Daily Alpha

Add Selectively
Refreshed 10 Jun 2026 19:59 UTC · 21:59 CEST Sources ⓘ

Add selectively: crypto fear extreme, but equities and gold signal broader stress

This morning's CPI print landed in-line to slightly soft: headline CPI month-over-month came in at 0.2% versus 0.3% estimated, and core month-over-month at 0.2% versus 0.3% estimated. Year-over-year headline at 4.2% matched estimates but marks a sharp jump from April's 3.8%, keeping the Federal Reserve sidelined. The tape is reacting accordingly: the S&P 500 is down 1.42% intraday to 7,282, with the VIX up 9.66% to 21.79. Sector dispersion is wide: Financial Services leads at +0.63% while Basic Materials trails at -2.03%, a 2.66-point spread that reads as late-cycle rotation rather than broad risk appetite. Advanced Micro Devices is off 4.99% intraday, amplifying tech weakness. Gold's 3.98% drop alongside a dollar bid is unusual and worth watching. The cycle sits Mid-cycle, but the combination of 4.2% CPI, a 10-year TIPS real yield of 2.21%, and equity Fear and Greed at 27.8 argues against broad adds. The one genuine contrarian signal: crypto Fear and Greed at 9 (Extreme Fear) with Bitcoin funding rates near zero. Bitcoin spot near its 200-week moving average at $61,892 is the only place selective entry makes sense today. Equities remain overvalued on every metric; hold or trim into any close-of-day bounce.

24h Bias
Defensive; avoid chasing intraday bounces
Equities
Hold; trim tech on any close-day rally
Bonds
Add small at 30Y 5.03%; real yield attractive
Commodities
Wait; gold flush needs stabilization first
Crypto
Add small Bitcoin near 200W MA; avoid alts
Vol hedge
Hold VIX exposure; do not sell into spike