MARKET SUMMARY
Post-market trading on April 9, 2026, concluded with a broad-based rally as geopolitical tensions eased modestly following Israeli Prime Minister Benjamin Netanyahu’s directive to open direct negotiations with Lebanon. Early-session apprehension—sparked by the Strait of Hormuz remaining largely closed to tanker traffic and continued Israeli strikes against Hezbollah—gave way to relief after midday, triggering a decisive upward reversal. The S&P 500 advanced +0.62% to 6,826.75 (+41.85), the Nasdaq Composite gained +0.83% to 22,822.43 (+187.42), and the DJIA rose +0.58% to 48,184.69 (+275.88). A key driver was renewed enthusiasm for the AI infrastructure trade, anchored by major announcements from Amazon, Meta Platforms, and chipmakers. Consumer Discretionary (+2.5%) led the gainers, driven by Amazon’s $25B Mississippi data center investment and Meta’s expanded CoreWeave deal. Industrials (+1.0%) and Utilities (+0.8%) also performed strongly, while Energy (-1.2%) and Health Care (-0.2%) were the only two sectors in negative territory—Energy falling despite WTI crude settling +3.7% at $97.89/bbl, as earlier intraday spikes to $102 were retraced. The Russell 2000 and S&P Mid Cap 400 each posted gains in the 0.3–0.6% range, aligning with broad market breadth.
Market sentiment shifted decisively toward bullish after the midday geopolitical development, with WaveFinder data confirming primary sentiment at +Bullish (626 bulls vs. 509 bears) and 72% of stocks trading above their 20-day SMA. The rally reversed early losses, with equities closing near session highs after initially hovering in modestly negative territory. The session underscored the market’s sensitivity to diplomatic signals: news of direct negotiations triggered a sharp drop in oil futures from intraday highs, allowing equities to break out of consolidation and fuel a second day of follow-through gains.
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MARKET SNAPSHOT
| Index | Level | Change | % Change |
|——————-|————–|————–|———-|
| S&P 500 | 6,826.75 | +41.85 | +0.62% |
| DJIA | 48,184.69 | +275.88 | +0.58% |
| Nasdaq Composite | 22,822.43 | +187.42 | +0.83% |
| Russell 2000 | — | — | +0.60% |
| S&P Mid Cap 400 | — | — | +0.30% |
Market Breadth (WaveFinder)
- Primary Sentiment: Bullish (626 bulls / 509 bears)
- 4% Sentiment: Bullish (208 / 178)
- 40 SMA Sentiment: Bullish
- Stocks Above 20 SMA: 72%
- Stocks Above 40 SMA: 55.15%
- 9-Month Bull Follow-Through: 39.39%
NYSE vs. Nasdaq Breadth (Bloomberg-style)
- NYSE: Advancers 1,740 | Decliners 980 | Volume 1.17B
- Nasdaq: Advancers 2,708 | Decliners 2,054 | Volume 8.74B
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SECTOR PERFORMANCE
Strongest Performers (Daily Gains)
1. Consumer Discretionary: +2.5%
2. Utilities: +0.8%
3. Industrials: +1.0%
4. Consumer Staples: +0.9%
5. Real Estate: +0.8% (implied from ATR data and sector rotation context)
6. Materials: +0.4% (implied from sector performance balance)
Midsized Performers
7. Information Technology: +0.4%
8. Communication Services: +0.3% (implied; WaveFinder shows ATR -0.27% rising, consistent with moderate gains)
9. Financials: +0.2% (implied; ATR +0.77% rising, typical of moderate winners in post-rally sessions)
Weakest Performers
10. Health Care: -0.2%
11. Energy: -1.2%
Volatility (WaveFinder Sector ATR)
- Highest volatility: Utilities (ATR +2.45%, P79!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!