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◆QUANTLOGIX DAILY BRIEF
FRIDAY · 11/06/2026 PRE-MARKET
S&P Futures
7,389.25
+0.08%
Nasdaq Futures
27,108
+1.33%
10Y Yield
4.9%
-1.01%
Macro Sentiment
54/100
Neutral
Signal Breadth
17%
bearish

◆ Market Pulse

Equities took a broad beating: S&P 500 -4.36% to 7,353.73, Nasdaq -5.52% to 24,315, Dow -3.44% to 51,523, and Russell 2000 -4.45%. Technology was the worst sector at -8.0%, with Industrials (-4.12%) and Cons. Disc. (-3.83%) close behind; Comm. Svcs (-0.59%) and Utilities (-0.71%) held up best. Single-name carnage was severe — CDLR -71.4%, MNTN -54.7%, VCYT -54.3% — while APP (+31.0%) and DNUT (+30.7%) were the largest notable gainers. With the 10-year at 4.90% and consumer sentiment at 48.1, the tape is pricing a hawkish-rates-plus-soft-consumer regime.

◆ Index Board — Today's Close

S&P 500S&P 500 · 7,353.73 · -4.36% on the day-4.36%NASDAQ CompositeNASDAQ Composite · 24,315 · -5.52% on the day-5.52%Dow Jones IndustrialDow Jones Industrial Average · 51,523.06 · -3.44% on the day-3.44%Russell 2000Russell 2000 · 2,729.89 · -4.45% on the day-4.45%CBOE VolatilityCBOE Volatility Index · 27.12 · -3.76% on the day-3.76%

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 · 7,389.25 · +0.08%+0.08%Nasdaq FuturesNasdaq Futures · 27,108 · +1.33%+1.33%Dow FuturesDow Futures · 51,080 · -1.04%-1.04%Russell 2000 FuturesRussell 2000 Futures · 2,737.8 · +0.09%+0.09%

◆ Overnight Headlines

THE BLOCK1m ago
Trading is expected to begin Monday, with calls, puts and more complex strategies available in select non-US jurisdictions.
SEEKING ALPHA4m ago
SHO
BENZINGA5m ago
Occidental Petroleum is set to report Q3 earnings. Analysts expect $1.47 EPS and $6.89B revenue; its 1.99% yield requires $301,921 for $500 OXY

◆ Signal Standouts

Signal breadth is thinning fast: bullish share fell 18.2 points to 16.7% across 4,437 names, with only 25 strong buys against 1,079 combined sell/strong-sell ratings. A drop this size alongside an index-level selloff says leadership is collapsing rather than rotating — defensive participation is not offsetting what's leaving tech and cyclicals.

17%BULLISH
Strong Buy
25
Buy
714
Neutral
2,619
Sell
695
Strong Sell
384
Signal breadth — last 40 sessions17%
2026-09-14low 14% · high 49%2026-11-06

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

Strong Buy standouts: FNV · JAN · LOAR · EMAT · ECPG · BOBS · PRKS · CLVT · CNL · RHLD · DGICB · EVC

Strong Sell standouts: MUFG · PBR.A · BP · ASX · UMC · CVE · STM · TWLO · VG · P · PBA · OTIS

See full signals →

◆ Earnings Ahead

Sort by date, EPS growth, or revenue growth.
TickerNext ReportInLast EPS YoYLast Rev YoY
NVDA 2026-11-25 19d +127.8% +105.9%
WMT 2026-11-27 20d -9.1% +5.9%
XOM 2026-12-02 26d +0.0% +0.0%
AVGO 2026-12-10 34d +215.3% +85.5%
META 2027-01-19 74d +264.8% +26.1%
TSLA 2027-01-21 75d -43.6% -0.2%

◆ Sector Setup

Technology
BEARISH
Worst sector at -8.0% and the epicenter of the Nasdaq's -5.52% move, with high-beta names like SSTK (-29.6%) and CCOI (-30.9%) hit hardest.
Comm. Svcs
NEUTRAL
Down just -0.59%, the best relative sector on a day nearly everything closed red.
Utilities
NEUTRAL
-0.71% relative strength suggests defensive positioning, though a 4.90% 10-year caps the bid.
Energy
BEARISH
-2.98% with BP and CVE flagged as strong sells in the signal distribution — weak tape plus weak signals.
Financials
BEARISH
-2.87% with MUFG and PBR.A among strong sells, and real assets broadly dumped (Materials -2.91%, Real Estate -1.82%).
Health Care
NEUTRAL
-2.5% is mid-pack; the defensive bid is showing up in Comm. Svcs and Utilities, not here.

◆ Economic Snapshot

Fed Funds Rate
3.88%YoY -5.1%
Unemployment Rate
4.2%YoY -2.3%
Inflation Rate (YoY)
3.72%
GDP Growth
3.4%YoY -24.4%
10-Year Treasury
4.9%YoY -4.9%
Consumer Sentiment
48.1YoY -12.7%

Year-over-year movement

Fed Funds RateFed Funds Rate: 3.88% · -5.1% year over year-5.13%Unemployment RateUnemployment Rate: 4.2% · -2.3% year over year-2.33%Inflation Rate (YoY)Inflation Rate (YoY): 3.72% · +0.0% year over year+0.00%GDP GrowthGDP Growth: 3.4% · -24.4% year over year-24.44%10-Year Treasury10-Year Treasury: 4.9% · -4.9% year over year-4.85%Consumer SentimentConsumer Sentiment: 48.1 · -12.7% year over year-12.70%

◆ Catalyst Calendar

The near-term calendar is thin: no corporate events and the next major catalysts are NVDA earnings on 2026-11-25 and WMT on 2026-11-27, with small-cap IPOs Primagrove (YHTE) and Rezera (RZRA) pricing next week.

  • IPO YHTE — Primagrove Ltd · 2026-11-09
  • IPO RZRA — Rezera Inc. · 2026-11-11
  • IPO BIAI — Bitari Inc · 2026-11-16
  • IPO SWA — Simwon America Corp
  • IPO FIT — Fitness Fanatics Ltd
  • IPO STA — Starton Holdings, Inc.,
  • IPO FMSN — Focus Media Network Limited
  • IPO TRCX — Tracx Logis Ltd.
  • IPO KATX — KAT Construction Services, Inc.

◆ IPO Radar — Upcoming Listings & Pipeline News

Sort by listing date, days out, or offer range · amber = news-estimated date
TickerCompanyListing DateInOffer RangeExchange
FIT Fitness Fanatics Ltd 2026-11-03est. listed $4–$6 XNAS
YHTE Primagrove Ltd 2026-11-09 3d $4–$6 XNAS
RZRA Rezera Inc. 2026-11-11 5d $11–$13 XNAS
BIAI Bitari Inc 2026-11-16 10d $7–$7 XNAS
SWA Simwon America Corp TBA — $18–$22 XNAS
STA Starton Holdings, Inc., TBA — $5–$7 XNAS
FMSN Focus Media Network Limited TBA — $4–$6 XNAS
TRCX Tracx Logis Ltd. TBA — $18–$22 XNAS
KATX KAT Construction Services, Inc. TBA — $5–$7 XASE

Listing-pipeline headlines

THE BLOCK1m ago
Trading is expected to begin Monday, with calls, puts and more complex strategies available in select non-US jurisdictions.

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

◆ Private Markets & Pre-IPO Activity

The private tape stays hot on AI: DeepSeek's $16B Series A at a $45B valuation (led by China's Big Fund) and TypeSafe AI's $870M Series A at $7.5B (led by Andreessen Horowitz) anchor a week where a16z leads with 10 deals and $2.1B deployed, well ahead of General Catalyst (5 deals, $825M).

DateCompanyEventAmountLead Investor
2026-10-30 DeepSeek · Technology Series A $16,000M led by China's Big Fund (National Integrated Circuit Industry Investment $16.0B China's Big Fund (National Integrated Circuit Industry Investment Fund)
2026-10-29 Kalshi · Fintech Series F $1,000M $1.0B —
2026-10-12 Ambi · AI Pre-Series A $26M led by Luminous Ventures $26M Luminous Ventures
2026-10-09 Ultra · Robotics Series A $50M led by Framework Ventures $50M Framework Ventures
2026-10-09 TypeSafe AI · AI Series A $870M led by Andreessen Horowitz $870M Andreessen Horowitz
2026-10-09 Hone · AI Seed $60M led by Benchmark $60M Benchmark
2026-10-09 Meticulous · Enterprise Software Series A $15M led by Chemistry $15M Chemistry
2026-10-09 Kapta Space · Space Series A $24M led by Washington Harbour Partners $24M Washington Harbour Partners

Track 2,699 pre-IPO names on Private Companies · browse 280+ investor profiles · live deal tape on Deal Signals.

◆ Trading Implications

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

◆ Deep Dive

Concept of the Day

Breadth-versus-price divergence is the concept that matters today. When an index falls sharply but breadth was already narrowing beforehand, the decline tends to extend because fewer stocks are holding up the averages — the distribution here (58% of 4,437 names neutral, only 16.7% bullish) shows a market with no conviction cushion. The classic diagnostic is to watch whether a bounce in index futures produces a symmetric rebound in bullish signal share; if breadth keeps deteriorating while prices stabilize, the bounce is being carried by a shrinking leadership group and is historically less durable. Track the delta, not just the level: a negative 18.2-point single-day move is regime-change territory, whereas -2 or -3 points is noise.

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.