All four major indices closed lower — S&P 500 -0.45% to 7585.73, Nasdaq -0.78% to 25981.57, Dow -0.63% to 52093.11, Russell 2000 -0.76% to 2870.29 — yet VIX fell 2.09% to 16.84 and overnight futures turned green with Nasdaq futures +0.53% and S&P futures +0.31%. Energy led sectors at +2.17% even as headlines flagged easing oil prices on a Saudi pipeline restart, while Cons. Disc. lagged at -1.75%. MEDS surged +172.96% on the gainers list; ARTL -13.67% and JBHT -10.46% led losses. Middle East escalation with Houthis solidifying gains in Yemen remains a thematic overhang.
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.
Every bar opens the sector ETF's live page.
QL signal universe · click a bar for the live 5-factor read.
QL signal universe · click a bar for the live 5-factor read.
Universe of 4927 names shows bullish readings at just 22.3% — 9 strong buys and 1091 buys against 1019 sells and 30 strong sells, with 2778 names sitting neutral. Breadth is broadening +1.8pts versus yesterday, meaning risk-on participation is expanding beneath the surface even as the headline tape closed red. The expansion from a depressed base is constructive for internals but hasn't flipped the distribution to a risk-on regime — the neutral bucket still dominates at 56% of the universe.
Hover the line (or focus it and use ← →) to read any single session.
Strong Buy standouts: TWST · MEOH · BUUU · INDP · BDSX · QXL · FTEK · KBSX · FGNX
Strong Sell standouts: IONS · CPA · SHAK · RH · BOBS · SENEA · PRCT · TNDM · VCX · CBRL · BLMN · BXC
See full signals →| Ticker | Next Report | In | Last EPS YoY | Last Rev YoY |
|---|---|---|---|---|
| MSFT | 2026-10-26 | 39d | +31.8% | +17.7% |
| TSLA | 2026-11-16 | 60d | -3.0% | +25.5% |
| AAPL | 2026-11-23 | 67d | +28.7% | +16.4% |
| XOM | 2026-11-24 | 69d | +112.2% | +42.3% |
| JPM | 2026-11-30 | 74d | +46.9% | +27.7% |
| NVDA | 2026-12-17 | 91d | +127.8% | +105.9% |
Bar length = days until the report · green/red = last EPS YoY direction · click through to the live page.
Year-over-year movement
IPO calendar has near-term entries: Electra Therapeutics (ETRA) and Orion180 Insurance (OIG) both pricing September 18, Bamboo Insurance (BMB) on the 23rd. Earnings calendar is light — MSFT is the nearest major report at 39 days out, with no corporate events on today's docket.
| Ticker | Company | Listing Date | In | Offer Range | Exchange |
|---|---|---|---|---|---|
| HNUC | Holtec Nuclear Corp. | 2026-09-17est. | 1d | $15–$18 | XNAS |
| ETRA | Electra Therapeutics Inc | 2026-09-18 | 2d | $14–$16 | XNAS |
| OIG | Orion180 Insurance Group Inc. | 2026-09-18 | 2d | $15–$17 | XNAS |
| BMB | Bamboo Insurance Services Inc. | 2026-09-23 | 7d | $18–$20 | XNYS |
| HFE | Hao Feng Group Ltd. | TBA | — | $6.5 | XASE |
| ASBH | American Savings Bank N.A. | TBA | — | $15–$17 | XNYS |
| VCCG | V Capital Consulting Group Ltd | TBA | — | $4 | XNAS |
| JRWP | Jingrui Wang Pu Holdings Group Ltd. | TBA | — | $4–$6 | XNAS |
| ADRX | ADARx Pharmaceuticals Inc. | TBA | — | — | XNAS |
| CGL | CGL Logistics Holdings Ltd | TBA | — | $4 | XNAS |
Listing-pipeline headlines
Full pipeline + S-1 tracker on IPO Radar · pre-IPO valuations and secondaries on Private Companies.
Temporal raised $550M Series E led by Lightspeed at a $12.55B valuation — the largest tracked deal — while Factory pulled in $200M at a $5B mark and Profound closed $180M Series D at $1.8B co-led by Sequoia and Kleiner Perkins. Sequoia tops the active lead-investor table with 6 deals totaling $2.17B deployed; Instinct is reportedly in talks at a $2.5B valuation but hasn't closed.
| Date | Company | Event | Amount | Lead Investor |
|---|---|---|---|---|
| 2026-09-15 | Factory · Developer Tools | Growth round (series undisclosed) $200M | $200M | — |
| 2026-09-15 | Profound · AI | Series D $180M led by Sequoia Capital / Kleiner Perkins (co-led) | $180M | Sequoia Capital / Kleiner Perkins (co-led) |
| 2026-09-15 | Instinct · AI | New round — IN TALKS, not closed | — | — |
| 2026-09-15 | TypeSafe AI · AI | Seed $40M led by DCVC | $40M | DCVC |
| 2026-09-14 | Temporal · Software Development Applications | Series E $550M led by Lightspeed | $550M | Lightspeed |
| 2026-09-14 | Cornelis Networks · AI | Series C $205M led by IAG Capital Partners | $205M | IAG Capital Partners |
| 2026-09-14 | Nuance Labs · AI | Series A $50M led by Lightspeed Venture Partners | $50M | Lightspeed Venture Partners |
| 2026-09-14 | Kaiko · Fintech | Series B extension $53M led by S&P Global | $53M | S&P Global |
Track 2,424 pre-IPO names on Private Companies · browse 280+ investor profiles · live deal tape on Deal Signals.
Bar = amount raised · click through to the company's pre-IPO page.
Where the money went — sector split
Most active lead investors (last 45 days)
Educational framework discussion of market conditions — not investment advice or a recommendation to buy or sell any security.
Today's tape delivered an unusual divergence: all four major indices closed lower (S&P -0.45%, Nasdaq -0.78%, Dow -0.63%, Russell -0.76%), yet VIX fell 2.09% to 16.84. Normally, falling equity prices and falling vol are inversely correlated — when equities drop, fear rises and VIX climbs. A declining VIX during a selloff typically signals that the options market views the decline as orderly and within expected ranges rather than a regime shift. Combined with green overnight futures (Nasdaq +0.53%, S&P +0.31%), the read is that participants are treating this as a pullback, not a trend change. The risk: if overnight strength fails to hold into the cash session and the 10-year remains at 4.97%, the VIX's complacency could reverse sharply as low-vol positioning unwinds.