Pre-market pulse ยท 09-18-2026
The morning read
Equities ยท this week
Sideways
Equities ยท next 4 weeks
Sideways, downside skew
Gold
Neutral
Crypto (BTC)
Bull
10-year yield
Higher
US equities remain in a risk-on backdrop with the S&P near multi-month highs, though fewer than 40% of stocks are above their 50-day average, showing a narrow rally. Gold is up about 2.4% versus its 60-day average on a weaker dollar, bitcoin is up roughly 11% versus its 200-day average, and the 10-year Treasury yield has climbed to about 5.01%, up 30 basis points over the past month.
RISK-ONmomentum deterioratingReflationaryVIX 15.3Energy leadingTechnology leading
Unlock the full morning read
Free subscribers see the whole pre-market pulse: the tape, breadth, rates and inflation, commodities, crypto, sector rotation and the four-week calendar. One click from your welcome email unlocks this device.
Already subscribed? Unlock this device โ
Already subscribed on another device? Enter the email you subscribed with and we send a one-time code. Your watchlist and access follow you.
Not financial advice. This is the published output of an AI-driven, human-in-the-loop research process on a paper (simulated) account: informational only, not personalized investment advice, and not a solicitation to buy or sell any security. Past performance does not guarantee future results. Do your own research and trade at your own discretion in your own account. See the full disclaimer, terms & privacy.