Markets
Risk-on or risk-off? One answer. No noise.
May 11, 2026
Market Regime
62
Risk appetite healthy — equities lead as volatility stays suppressed.
Positioning bias: Moderate risk exposure.
Global Snapshot
S&P 500
SPY740.18
US large-cap benchmark · tracks 500 biggest companies.
Nasdaq 100
QQQ712.61
Tech-heavy index · AI and growth stock bellwether.
Dow Jones
DIA496.25
30 blue-chip industrials · value and cyclical proxy.
VIX
VIX17.2
Moderate volatility · market cautiously positioned.
US 10Y Yield
TNX4.41%
Treasury yield benchmark · drives borrowing costs globally.
Gold
GLD$433.82
Safe-haven demand indicator · inflation and crisis proxy.
Bitcoin
BTC$81,867
Digital risk asset · correlates with equity risk appetite.
Dollar Index
UUP27.36
USD strength ETF · higher = headwind for non-US assets.
Market Internals
Breadth mixed — market trend supported but participation narrowing.
% Stocks Above 50-Day MA
57%
% Stocks Above 200-Day MA
50%
Advance / Decline Ratio
1.20advancing/declining
Sector Performance · Today
+2.6%
+1.5%
+1.4%
+1.0%
+1.0%
+0.3%
+0.1%
-0.5%
-0.6%
-1.2%
-1.3%
Risk Structure
Yield Curve
Slight Inversion
2Y/10Y at −18bps · historically a caution flag
Credit Spreads
Tightening
HY at 240bps · below 5Y average · risk appetite intact
Liquidity
Supportive
Fed RRP at $82B · banking system well-funded
Fed Stance
Data-Dependent
2 cuts priced for 2026 · no urgency to move
Market data via Yahoo Finance · 15-min delay · For informational purposes only · Not financial advice