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QUANTLOGIX DAILY BRIEF
WEDNESDAY · 09/09/2026 PRE-MARKET
S&P Futures
7,655.75
-0.32%
Nasdaq Futures
29,399.75
-0.47%
10Y Yield
4.78%
+0.21%
Macro Sentiment
56/100
Neutral
Signal Breadth
33%
bearish

Market Pulse

All four majors closed red with the Dow -1.18% leading losses and the NASDAQ -0.32% holding best; VIX printed 16.33, up 3.88%. Energy +1.11% and Utilities +0.86% led a defensive rotation while Health Care -2.52% and Financials -1.38% lagged badly. Single-name action was dominated by ODD +33.21% and SUNE +27.43% on the upside, TYRA -29.97% and RML -20.24% on the downside. Barclays' S&P year-end lift to 7,950 did little to stem the selling, and futures are soft across the board — Dow futures -0.57%, Nasdaq futures -0.47%.

Index Board — Today's Close

S&P 500S&P 500 · 7,673.52 · -0.58% on the day-0.58%NASDAQ CompositeNASDAQ Composite · 26,421.41 · -0.32% on the day-0.32%Dow Jones IndustrialDow Jones Industrial Average · 52,786.07 · -1.18% on the day-1.18%Russell 2000Russell 2000 · 2,960.2 · -0.52% on the day-0.52%CBOE VolatilityCBOE Volatility Index · 16.33 · +3.88% on the day+3.88%

Change on the day for the major indices. VIX sits in the metric strip above — it reads inversely, so it is kept out of this scale.

Overnight Futures

S&P FuturesS&P Futures · 7,655.75 · -0.32%-0.32%Nasdaq FuturesNasdaq Futures · 29,399.75 · -0.47%-0.47%Dow FuturesDow Futures · 52,533 · -0.57%-0.57%Russell 2000 FuturesRussell 2000 Futures · 2,947.3 · -0.55%-0.55%

Overnight Headlines

COINDESK2m ago
The former Chainlink and Curv executive will lead the blockchain organization’s push into institutional finance and quantum-resistant security.
SEEKING ALPHA5m ago
JUSH
CNBC6m ago
Founded in 2024, Covenant is speeding up lower-cost missile manufacturing for the U.S. military.

Signal Standouts

Bullish breadth sits at 33.2% with a -6 point narrowing versus yesterday — leadership is thinning, not broadening. The neutral bucket holds 2,456 names (56% of the 4,352 universe) while strong buys (19) and strong sells (21) are nearly balanced at the tails, meaning conviction is scarce in both directions and the tape is drifting on weak participation.

33%BULLISH
Strong Buy
19
Buy
1,425
Neutral
2,456
Sell
431
Strong Sell
21
Signal breadth — last 23 sessions33%
2026-08-10low 26% · high 44%2026-09-09

Hover the line (or focus it and use ← →) to read any single session.

Strong Buy standouts: SMTC · DOCN · HUT · OSCR · VIAV · ASST · INBX · OPK · NVCT · GPRK · EROC · ABTC

Strong Sell standouts: CRDO · Q · SN · FN · MGM · SAIL · AAOI · KTOS · NEU · NXST · WHR · TNDM

See full signals →

Earnings Ahead

Sort by date, EPS growth, or revenue growth.
TickerNext ReportInLast EPS YoYLast Rev YoY
MSFT 2026-09-12 2d +31.8% +17.7%
AVGO 2026-09-30 20d +85.4% +47.9%
TSLA 2026-11-14 65d -3.0% +25.5%
AAPL 2026-11-21 72d +28.7% +16.4%
XOM 2026-11-24 75d +112.2% +42.3%
JPM 2026-11-29 80d +46.9% +27.7%

Sector Setup

Energy
BULLISH
Up 1.11% and leading the tape as defensive capital rotates into real assets.
Utilities
BULLISH
Up 0.86% with a classic risk-off bid alongside a rising VIX.
Technology
NEUTRAL
Holding at +0.32% but not leading; MSFT earnings in 2 days will set the next leg.
Health Care
BEARISH
Worst sector at -2.52% with TYRA -29.97% dragging sentiment sharply lower.
Financials
BEARISH
Down -1.38% as the 10-year at 4.78% and a macro score of 56 weigh on the group.
Cons. Disc.
BEARISH
Off -0.80% with Consumer Sentiment at 55.2 and GDP growth at just 1.5% pressuring discretionary spend.

Economic Snapshot

Fed Funds Rate
3.63%YoY -16.2%
Unemployment Rate
4.1%YoY -4.7%
Inflation Rate (YoY)
3.3%
GDP Growth
1.5%YoY -40.0%
10-Year Treasury
4.78%YoY +2.8%
Consumer Sentiment
55.2YoY -10.5%

Year-over-year movement

Fed Funds RateFed Funds Rate: 3.63% · -16.2% year over year-16.17%Unemployment RateUnemployment Rate: 4.1% · -4.7% year over year-4.65%Inflation Rate (YoY)Inflation Rate (YoY): 3.3% · +0.0% year over year+0.00%GDP GrowthGDP Growth: 1.5% · -40.0% year over year-40.00%10-Year Treasury10-Year Treasury: 4.78% · +2.8% year over year+2.80%Consumer SentimentConsumer Sentiment: 55.2 · -10.5% year over year-10.53%

Catalyst Calendar

MSFT earnings land in 2 days (Sep 12) — the primary near-term inflection for mega-cap tech. Holtec Nuclear (HNUC) IPO is expected Sep 17 with a $15–18 range on Nasdaq; AVGO earnings sit 20 days out. Corporate event calendar is otherwise empty.

  • IPO HNUC — Holtec Nuclear Corp.
  • IPO ADRX — ADARx Pharmaceuticals Inc.
  • IPO CMBY — Cumberland Farms Ltd.
  • IPO CGL — CGL Logistics Holdings Ltd
  • IPO IVAI — Ives Ultra AI Opportunities Inc.
  • IPO OURA — Oura Inc.
  • IPO LPNE — LiPower New Energy Holdings Ltd.
  • IPO GLG — GLGHK Ltd.
  • IPO MW — Tailored Brands Inc.
  • IPO ACCV — Accelevation Holdings Corp.

IPO Radar — Upcoming Listings & Pipeline News

Sort by listing date, days out, or offer range · amber = news-estimated date
TickerCompanyListing DateInOffer RangeExchange
HNUC Holtec Nuclear Corp. 2026-09-17est. 8d $15–$18 XNAS
ADRX ADARx Pharmaceuticals Inc. TBA XNAS
CMBY Cumberland Farms Ltd. TBA XNAS
CGL CGL Logistics Holdings Ltd TBA $4 XNAS
IVAI Ives Ultra AI Opportunities Inc. TBA XNYS
OURA Oura Inc. TBA XNAS
LPNE LiPower New Energy Holdings Ltd. TBA $6 XNAS
GLG GLGHK Ltd. TBA $5–$7 XNAS
MW Tailored Brands Inc. TBA XNAS
ACCV Accelevation Holdings Corp. TBA XNAS

Listing-pipeline headlines

BLOOMBERG1h ago
Orion180 Insurance Group Inc., a specialty homeowners and flood insurer, is seeking to raise as much as $340 million in an initial public offering.

Full pipeline + S-1 tracker on IPO Radar · pre-IPO valuations and secondaries on Private Companies.

Private Markets & Pre-IPO Activity

Private tape is active: Gimlet Labs closed a $300M Series B at a $3B valuation led by Andreessen Horowitz (Sep 4), and a16z also co-led Felix's $200M Series C with General Catalyst. Sequoia Capital remains the most active lead by deal count (4) and dollar volume ($2.12B), while Nvidia & Coatue have placed just 2 deals but deployed $4B — concentrated large checks.

DateCompanyEventAmountLead Investor
2026-09-04 Gimlet Labs · AI Series B $300M led by Andreessen Horowitz $300M Andreessen Horowitz
2026-09-01 Token Security · Cybersecurity Series A $50M led by Notable Capital $50M Notable Capital
2026-09-01 /dev/fast · Technology Series A
2026-09-01 Increase · Fintech Series C
2026-09-01 WhatsApp Remittance Startup Félix · Technology Series C $200M led by Andreessen Horowitz and General Catalyst $200M Andreessen Horowitz and General Catalyst
2026-08-28 Owner · Vertical SaaS Series D $240M led by Growth Equity at Goldman Sachs Alternatives $240M Growth Equity at Goldman Sachs Alternatives
2026-08-26 Instinct · AI Series B $250M led by Index Ventures / Benchmark (co-led) $250M Index Ventures / Benchmark (co-led)
2026-08-26 Legato · Healthcare Seed $12M led by Neotribe Ventures $12M Neotribe Ventures

Track 2,367 pre-IPO names on Private Companies · browse 280+ investor profiles · live deal tape on Deal Signals.

Round Sizes — Recent Raises

Gimlet LabsGimlet Labs · Series B $300M led by Andreessen Horowitz · valuation $3.0B — open the company page$300MToken SecurityToken Security · Series A $50M led by Notable Capital — open the company page$50MWhatsApp RemittancWhatsApp Remittance Startup Félix · Series C $200M led by Andreessen Horowitz and General Catalyst — open the company page$200MOwnerOwner · Series D $240M led by Growth Equity at Goldman Sachs Alternatives · valuation $2.3B — open the company page$240MInstinctInstinct · Series B $250M led by Index Ventures / Benchmark (co-led) · valuation $2.5B — open the company page$250MLegatoLegato · Seed $12M led by Neotribe Ventures — open the company page$12M

Bar = amount raised · click through to the company's pre-IPO page.

Where the money went — sector split

AI $550M: 550,000,000Vertical SaaS $240M: 240,000,000Technology $200M: 200,000,000Cybersecurity $50M: 50,000,000Healthcare $12M: 12,000,000

Most active lead investors (last 45 days)

Sequoia Capital · 4 deals · $2.1BGreenoaks · 4 deals · $570MSituational Awareness · 3 deals · $1.2BAccel · 3 deals · $52MNvidia & Coatue · 2 deals · $4.0B

Trading Implications

Educational framework discussion of market conditions — not investment advice or a recommendation to buy or sell any security.

Deep Dive

Breadth narrowing as a regime tell

Today's -6 point breadth contraction to 33.2% bullish is the kind of signal that matters more than the index-level move. When breadth narrows during a down day, fewer stocks are participating in any upside attempt — the market is being carried or dragged by a shrinking cohort. A VIX push above 16 alongside defensive sectors leading (Energy +1.11%, Utilities +0.86%) is a classic late-cycle risk-off signature: cyclicals sold, defensives bid, and the neutral bucket swells as participants refuse to commit capital. The 56% neutral reading across 4,352 names is the clearest expression of that indecision. Watch whether breadth stabilizes or continues to deteriorate — a second consecutive day of -5 or worse would confirm the regime shift.

QuantLogix briefings are educational market commentary generated from live data, not investment advice. Signals are quantitative model outputs, not recommendations. Markets carry risk of loss.