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◆QUANTLOGIX DAILY BRIEF
MONDAY · 11/09/2026 PRE-MARKET
S&P Futures
7,473.5
+0.97%
Nasdaq Futures
27,363.25
+1.03%
10Y Yield
4.84%
-1.22%
Macro Sentiment
54/100
Neutral
Signal Breadth
17%
bearish

◆ Market Pulse

Tech led the tape with a 1.45% gain, carrying the Nasdaq Composite up 1.09% to 24,579 and the S&P 500 up 0.31% to 7,376.86, while the Dow slipped 0.46% — a barbell of growth strength against Dow/S&P divergence. Cons. Staples was the worst sector at -1.28% with Materials (-0.73%) and Real Estate (-0.68%) also weak; defensive selling plus the VIX down 9.48% to 23.21 reads as risk appetite returning. Small caps joined the move, Russell 2000 +0.89%, and futures point to further upside with Russell futures +1.45%. Single-name action was dominated by microcap chaos: JSPR +3,493% and AIIO +2,151% on the upside against BDSX -57% and STLN -46% on the downside.

◆ Index Board — Today's Close

S&P 500S&P 500 · 7,376.86 · +0.31% on the day+0.31%NASDAQ CompositeNASDAQ Composite · 24,579.42 · +1.09% on the day+1.09%Dow Jones IndustrialDow Jones Industrial Average · 51,285.73 · -0.46% on the day-0.46%Russell 2000Russell 2000 · 2,754.11 · +0.89% on the day+0.89%CBOE VolatilityCBOE Volatility Index · 23.21 · -9.48% on the day-9.48%

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 · 7,473.5 · +0.97%+0.97%Nasdaq FuturesNasdaq Futures · 27,363.25 · +1.03%+1.03%Dow FuturesDow Futures · 51,979 · +1.16%+1.16%Russell 2000 FuturesRussell 2000 Futures · 2,800.5 · +1.45%+1.45%

◆ Overnight Headlines

BENZINGA6m ago
GE Vernova will supply three 5.5 MW wind turbines for Germany's Schlotberg-Jüchsen wind farm under a deal featuring 20 years of maintenance services. AIPO FPX GEV XLI
BENZINGA8m ago
Analysts upgraded Treace Medical, AMD, Airbnb, and/or price targets. ABNB AMD GTM JBLU
BENZINGA9m ago
H&R Block reports Q1 Monday, with analysts expecting a $1.43 loss per share. At a 3.49% yield, $171,822 in HRB stock earns $500 monthly. HRB
SEEKING ALPHA9m ago
WKSP

◆ Signal Standouts

Bullish breadth sits at 16.9% across 5,107 names — 861 buys versus 732 sells, with 68.8% of the universe neutral — and the day-over-day change is essentially flat (+0.2 pts). That means today's Nasdaq-led rally is happening without broad signal participation: the index gains are concentrated in large-cap tech leadership while the median stock sits on the sidelines. Narrowing-to-flat breadth on an up day is a leadership-thinning warning, not confirmation.

17%BULLISH
Strong Buy
92
Buy
769
Neutral
3,514
Sell
624
Strong Sell
108
Signal breadth — last 40 sessions17%
2026-09-15low 14% · high 49%2026-11-09

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

Strong Buy standouts: WPM · ONC · HEI.A · ATI · RGLD · NXT · PRAX · SYRE · PRMB · SARO · BLTE · LOAR

Strong Sell standouts: LNG · NTRA · VG · ZS · AFRM · CRCL · PAYC · MMED · OPLN · AD · BCC · OPEN

See full signals →

◆ Earnings Ahead

Sort by date, EPS growth, or revenue growth.
TickerNext ReportInLast EPS YoYLast Rev YoY
NVDA 2026-11-25 16d +127.8% +105.9%
WMT 2026-11-27 18d -9.1% +5.9%
XOM 2026-12-02 22d +0.0% +0.0%
AVGO 2026-12-10 31d +215.3% +85.5%
META 2027-01-19 71d +264.8% +26.1%
TSLA 2027-01-21 72d -43.6% -0.2%

◆ Sector Setup

Technology
BULLISH
Sector-leading +1.45% with the Nasdaq up 1.09% and VIX down 9.5%, tech is carrying index gains into NVDA's 11/25 report.
Cons. Staples
BEARISH
Worst sector at -1.28% as defensive money rotates out on the risk-on day.
Financials
NEUTRAL
Down 0.59% despite falling VIX — the sector isn't participating in the risk-on bid at 4.84% on the 10-year.
Materials
NEUTRAL
-0.73% even as gold-related strong-buy names (WPM, RGLD) populate the signal leaderboard — an internal divergence to watch.
Real Estate
BEARISH
-0.68% with the 10-year at 4.84%, rate-sensitive groups staying under pressure.
Energy
NEUTRAL
Flat at -0.02% with XOM's next report 22 days out, offering no directional read.

◆ Economic Snapshot

Fed Funds Rate
3.88%YoY -5.1%
Unemployment Rate
4.1%YoY -6.8%
Inflation Rate (YoY)
3.72%
GDP Growth
3.4%YoY -24.4%
10-Year Treasury
4.84%YoY -5.5%
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: 4.1% · -6.8% year over year-6.82%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: 4.84% · -5.5% year over year-5.47%Consumer SentimentConsumer Sentiment: 48.1 · -12.7% year over year-12.70%

◆ Catalyst Calendar

vVARDIS (VVVV) prices today on NYSE in a $21–24 range, with a light IPO calendar behind it (RZRA 11/12, YHTE 11/16). The heavyweight catalyst is NVDA earnings in 16 days (11/25), followed by WMT on 11/27 — today's tape is positioning, not event-driven.

  • IPO VVVV — vVARDIS Holding AG · 2026-11-09
  • IPO RZRA — Rezera Inc. · 2026-11-12
  • IPO YHTE — Primagrove Ltd · 2026-11-16
  • IPO BIAI — Bitari Inc · 2026-11-30
  • IPO WWB — Windward Bio Group AG
  • IPO BENE — Behneh Limited

◆ IPO Radar — Upcoming Listings & Pipeline News

Sort by listing date, days out, or offer range · amber = news-estimated date
TickerCompanyListing DateInOffer RangeExchange
VVVV vVARDIS Holding AG 2026-11-09 listed $21–$24 XNYS
RZRA Rezera Inc. 2026-11-12 3d $11–$13 XNAS
YHTE Primagrove Ltd 2026-11-16 7d $4–$6 XNAS
BIAI Bitari Inc 2026-11-30 21d $7–$7 XNAS
WWB Windward Bio Group AG TBA — $16–$18 XNAS
BENE Behneh Limited TBA — $3–$5 XNAS

Listing-pipeline headlines

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

◆ Private Markets & Pre-IPO Activity

Late-stage AI/security money keeps flowing: Cyera raised an $800M Series G extension at a $12B valuation led by Goldman Sachs Alternatives (11/5), and TypeSafe AI pulled $870M at $7.5B led by Andreessen Horowitz, which is the most active lead investor with 10 deals totaling $2.11B. General Catalyst (5 deals, $825M) and Sequoia (4 deals) round out the lead board.

DateCompanyEventAmountLead Investor
2026-11-05 Cyera · Cybersecurity Series G extension $800M led by Goldman Sachs Alternatives (Growth Equity) $800M Goldman Sachs Alternatives (Growth Equity)
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
2026-10-09 Klarent · Enterprise Software Seed $8M led by Mosaic Ventures $8M Mosaic Ventures

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

Today is a clean case study in dispersion: the Nasdaq gained 1.09% and tech rose 1.45%, yet QuantLogix breadth was flat at 16.9% bullish with two-thirds of the universe neutral. When index-level moves are driven by a handful of heavyweight names rather than the median stock, single-name correlation to the index falls and index-level hedges get expensive relative to the actual risk in your book. The tell is the neutral bucket — 3,514 names means most stocks have no signal edge, so sector and factor selection dominate stock selection. In regimes like this, tracking breadth change day-over-day matters more than the index print itself: a rally that broadens is durable, one that keeps concentrating into NVDA's 11/25 report is exposed to a single-event unwind.

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.