Risk-on session across the board: NASDAQ +1.69% to 26,418 and S&P +1.14% to 7,638 led, with Dow +0.61% and Russell +0.55% trailing. VIX cratered 12.42% to 15.51 — a major vol crush — while Technology (+2.25%) ran the tape and Comm. Svcs (-0.58%) and Financials (-0.09%) were the only sectors in the red. Single-name gainers were dominated by micro-caps: TNMG +84.76% and IMCC +78.94%, while XENE -23.26% and DAIC -18.87% led losers. Futures are softening after-hours — Dow futures -0.32%, Russell -0.38% — suggesting the bid is fading into tomorrow's open.
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.
QuantLogix universe of 4,794 names shows 26.6% bullish (43 strong buy, 1,230 buy) against 737 bearish (705 sell, 32 strong sell) — a roughly 1.7:1 bull-to-bear ratio with the bulk (2,784) sitting neutral. Breadth is broadening +2pts versus yesterday, meaning participation is expanding beyond narrow leadership, which historically supports risk-on continuation if strong_buy count climbs from the current 43.
Hover the line (or focus it and use ← →) to read any single session.
Strong Buy standouts: SMTC · TEM · FPS · CAI · BLLN · RUM · PURR · HELP · HIVE · VBNK · CTKB · OABI
Strong Sell standouts: FN · ZG · Z · AN · VSEC · RH · GSHD · RHLD · VRTS · NGNE · BXC · CTEV
See full signals →| Ticker | Next Report | In | Last EPS YoY | Last Rev YoY |
|---|---|---|---|---|
| MSFT | 2026-10-26 | 38d | +31.8% | +17.7% |
| TSLA | 2026-11-16 | 58d | -3.0% | +25.5% |
| AAPL | 2026-11-23 | 65d | +28.7% | +16.4% |
| XOM | 2026-11-24 | 67d | +112.2% | +42.3% |
| JPM | 2026-11-30 | 72d | +46.9% | +27.7% |
| NVDA | 2026-12-17 | 89d | +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 is active: AMRO (Amaero Inc.) priced at $7.06 on XNAS with a Sep 23 date, and BIAI (Bitari Inc.) expected Oct 2 at $7. Earnings cycle is light — MSFT is the nearest mega-cap print at 38 days out. No corporate events on the tape today.
| Ticker | Company | Listing Date | In | Offer Range | Exchange |
|---|---|---|---|---|---|
| ETRA | Electra Therapeutics Inc | 2026-09-18 | listed | $14–$16 | XNAS |
| OIG | Orion180 Insurance Group Inc. | 2026-09-18 | listed | $15–$17 | XNAS |
| AMRO | Amaero Inc. | 2026-09-23 | 5d | $7.06 | XNAS |
| BMB | Bamboo Insurance Services Inc. | 2026-09-23 | 5d | $18–$20 | XNYS |
| BIAI | Bitari Inc. | 2026-10-02est. | 14d | $7 | XNAS |
| WODO | World Road Inc. | TBA | — | $5–$6 | XNAS |
| GLG | GLGHK Ltd. | TBA | — | $6 | XNAS |
| NUOX | NuvOx Therapeutics Inc. | TBA | — | $8 | XASE |
| BYOP | KiNRG Inc. | TBA | — | $4–$5 | XASE |
| HFE | Hao Feng Group Ltd. | TBA | — | $6.5 | XASE |
Listing-pipeline headlines
Full pipeline + S-1 tracker on IPO Radar · pre-IPO valuations and secondaries on Private Companies.
Crusoe Energy Systems closed a $3.9B Series F at a $30.9B valuation led by Atreides Management, Mubadala Capital, and Valor Equity Partners — by far the largest fresh round. Arcee AI hit unicorn status at $1B on a $150M Series B (Vista/Cambium/Emergence co-led). a16z is the most active lead with 5 deals totaling $694M; the private AI and energy infrastructure tape remains hot.
| Date | Company | Event | Amount | Lead Investor |
|---|---|---|---|---|
| 2026-09-17 | Crusoe Energy Systems · Energy | Series F $3,900M led by Atreides Management, Mubadala Capital and Valor Equity Partners | $3.9B | Atreides Management, Mubadala Capital and Valor Equity Partners |
| 2026-09-17 | MIND · Cybersecurity | Series B $72M led by Crosspoint Capital Partners | $72M | Crosspoint Capital Partners |
| 2026-09-17 | Watney Robotics · Robotics | Series A $80M led by Valor Atreides AI Fund and Hummingbird Ventures | $80M | Valor Atreides AI Fund and Hummingbird Ventures |
| 2026-09-17 | Mazama Energy · Energy | Series B $135M led by Centaurus Capital and Doerr Capital | $135M | Centaurus Capital and Doerr Capital |
| 2026-09-16 | Impulse Space · Defense & Space | Series D extension $308M | $308M | — |
| 2026-09-16 | Arcee AI · AI | Series B $150M led by Vista Equity Partners / Cambium Capital / Emergence Capital (co-led) | $150M | Vista Equity Partners / Cambium Capital / Emergence Capital (co-led) |
| 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) |
Track 2,431 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 puts VIX at 15.51 while the 10y sits at 5.01% — a combination where equity volatility is pricing calm but the cost of capital is pricing restrictive. This tension matters because low VIX often coincides with dealers short gamma, making the market more sensitive to upside surprises and prone to accelerations. But with the 10y above 5%, any macro disappointment — weak GDP (already at 1.5%, YoY -40%) or soft consumer sentiment (55.2, YoY -10.5%) — can reprice both vol and rates simultaneously, creating a feedback loop where duration risk and equity risk move together. Historically, sustained VIX < 16 with 10y > 5% is uncommon and tends to resolve either via vol normalization or a rates pullback; the direction of that resolution determines whether the breadth-broadening rally extends or rolls over.