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Markets · Options · Signal
June 02, 2026 · All times ET
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ALERT: CRITICAL: Refresh token expires in 4.2 hours
Run: cd automation/schwab_bot && python tools/quick_auth.py
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Market Snapshot · 10:06 ET
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S&P 500
757.89
-0.09%
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Nasdaq
744.00
+0.17%
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Dow
510.20
-0.24%
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Russell 2k
290.22
+0.43%
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VIX
16.02
-0.19%
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20Y Bond
85.72
+0.29%
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Gold
413.24
+0.48%
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Silver
68.67
+1.48%
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Oil
135.09
-0.30%
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USD
27.76
+0.00%
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CNN Fear & Greed
57
Greed
wk -4 · mo -14
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| Key Technical Levels |
| SPY |
Trend: Bullish |
Sup: 743.21 |
Res: 760.28 |
RSI: 73.8 |
| QQQ |
Trend: Bullish |
Sup: 715.99 |
Res: 745.65 |
RSI: 78.8 |
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Econ Calendar |
8 high-impact · Tue Jun 02 – Thu Jun 04 · as of 10:06 ET |
| Tue Jun 02 |
| 05:00 |
EU |
CPI (YoY) (May) — est. 3.2%, prev. 3.0% |
| 10:00 |
US |
JOLTS Job Openings (Apr) — est. 6.860M, prev. 6.887M |
| Wed Jun 03 |
| 08:15 |
US |
ADP Nonfarm Employment Change (May) — est. 116K, prev. 109K |
| 09:45 |
US |
S&P Global Services PMI (May) — est. 50.9, prev. 51.0 |
| 10:00 |
US |
ISM Non-Manufacturing PMI (May) — est. 53.7, prev. 53.6 |
| 10:00 |
US |
ISM Non-Manufacturing Prices (May) — prev. 70.7 |
| 10:30 |
US |
Crude Oil Inventories — prev. -3.327M |
| Thu Jun 04 |
| 08:30 |
US |
Initial Jobless Claims — est. 211K, prev. 215K |
|
| Indicator |
Value |
Change |
| 2Y Yield |
4.05% |
+7bps |
| 10Y Yield |
4.47% |
+2bps |
| Spread |
+42bps |
Flattening |
| DXY |
99.12 |
-0.08% |
| VIX/3M |
0.82 |
Contango |
| HY OAS |
6.89% |
+0.01% |
| BZ–WTI |
0.9877
$94.45 · $95.63
|
z -2.77 · Long spread · ρ 92%
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| GDXJ–GLD |
0.2814
$116.24 · $413.13
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z -0.52 · Neutral · ρ 85%
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| BTC |
$68,637 |
-3.8% |
| ETH |
$1,970 |
-1.7% |
| ETH/BTC |
0.0287 |
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Sector Rotation · Today |
10:09 ET |
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Technology
+0.87%
XLK
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Utilities
+0.66%
XLU
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Energy
+0.62%
XLE
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|
Materials
+0.14%
XLB
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Industrials
+0.11%
XLI
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Real Estate
-0.36%
XLRE
|
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Financials
-0.43%
XLF
|
Cons. Staples
-0.45%
XLP
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Health Care
-1.15%
XLV
|
|
Cons. Discr.
-1.16%
XLY
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Communication
-1.36%
XLC
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In today's Bull regime, tech and defensives like Utilities lead, while cyclicals like Cons. Discr. and Health Care lag, suggesting a nuanced risk-on posture.
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Regime Timeline
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From the Desk · BULL Day 9 (prev. close)
“The market remains in a BULL regime for 9 days, with the S&P 500 edging down 0.09% and the Nasdaq up 0.17% at the previous close, while the Russell 2k outperformed with a 0.43% gain. Worth watching is the divergence between the rally in AI-driven cybersecurity stocks, which added $280 billion, and rising default fears in certain emerging markets like Senegal, where bond performance has sharply deteriorated.”
— The MOS Quantitative Desk
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Policy Risk Monitor — White House
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Crowd Signal |
250 posts · 5 subs · 10:08 ET |
Trending tickers across Reddit · r/wallstreetbets · r/stocks · r/options · r/thetagang · r/StockMarket
Scoring: mention count × cross-sub breadth · pts = upvotes · N/M subs = appeared in N of M subreddits scanned
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DELL
mixed
47
“Jensen just introduced Marvell as “the next trillion dollar company” at Computex…”
WSB 1849 pts · 5/5 subs
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SPCE
bullish
43
“Next bottleneck is high spec PC for local agentic workflow.”
WSB 488 pts · 5/5 subs
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GOOG
bullish
24
“Alphabet Inc. (NASDAQ: GOOG, GOOGL) announced plans to raise $80 billion through…”
WSB 1228 pts · 4/5 subs
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GOOGL
mixed
20
“Alphabet Inc. (NASDAQ: GOOG, GOOGL) announced plans to raise $80 billion through…”
WSB 1228 pts · 3/5 subs
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MU
mixed
18
“200k $MU gains”
WSB 182 pts · 5/5 subs
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ARM
mixed
15
“Next bottleneck is high spec PC for local agentic workflow.”
WSB 488 pts · 4/5 subs
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FAT
mixed
12
“OPEN is the next fat finger attention trade that's worth buying anyways”
WSB 222 pts · 4/5 subs
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UK
bullish
12
“Michael Burry's Chart on How Elon Musk-Nvidia Deal is Putting US Retirees at Ris…”
WSB 4049 pts · 5/5 subs
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Insider Wire |
2656 Form 4s filed · 10:06 ET |
Notable open-market transactions · SEC EDGAR · 2026-05-28 to 2026-06-02
Executives and insiders are dumping shares ahead of earnings, with notable sales in tech and travel sectors, led by Snowflake and Illumina directors shedding $200M+.
|
Ticker |
Insider |
Value |
| SELL |
SNOW |
Slootman Frank Director |
$110.3M |
| SELL |
ILMN |
Meister Keith A. Insider |
$107.0M |
| SELL |
SNOW |
Slootman Frank Director |
$93.4M |
| SELL |
ABNB |
Chesky Brian CEO and Chairman |
$68.4M |
| SELL |
CRWV |
Venturo Brian M Chief Strategy Officer |
$7.9M |
| SELL |
vicr |
VINCIARELLI PATRIZIO Chairman and CEO |
$6.8M |
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Short Interest Monitor |
25 scanned · 10:09 ET |
FINRA short interest via Yahoo · ~10 days (FINRA via Yahoo) · squeeze risk = SI% × days-to-cover
| Ticker |
SI % |
DTC |
MoM |
Squeeze |
| UPST |
32.0% |
5.3d |
-4.3% |
HIGH
|
| BYND |
27.0% |
1.4d |
-3.4% |
ELEVATED
|
| SMCI |
18.0% |
2.2d |
-6.4% |
ELEVATED
|
| GME |
14.1% |
5.5d |
-6.4% |
MODERATE
|
| RIVN |
14.1% |
5.2d |
+1.3% |
MODERATE
|
| CVNA |
13.7% |
5.8d |
+2.0% |
MODERATE
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| SOFI |
13.7% |
2.5d |
+9.3% |
LOW
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| ARM |
13.3% |
1.7d |
+17.8% |
LOW
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Phantom Float · Squeeze Action Monitor |
8120 scanned · 65 SEC-confirmed· 8 red · 34 yellow |
| Ticker |
Struct |
Ignit |
Final |
Hldrs |
Flags |
Bucket |
| CACC |
0.31 |
0.85 |
0.58 |
33% |
PREGRINDCOVERELEV |
RED
|
| CBRL |
0.30 |
0.85 |
0.58 |
36% |
PREGRINDCOVERELEVEarnings |
RED
|
| MYO |
0.48 |
0.85 |
0.50 |
20% |
GRINDCOVERELEVLADDERILLIQ |
RED
|
| APPN |
0.46 |
0.85 |
0.49 |
82% |
GRINDCOVERELEV |
RED
|
| SONO |
0.41 |
0.85 |
0.47 |
42% |
GRINDCOVERELEVLADDERATM* |
RED
|
| MNPR |
0.39 |
0.85 |
0.46 |
68% |
GRINDCOVERELEVATM |
RED
|
| AMCX |
0.35 |
0.85 |
0.45 |
53% |
GRINDCOVERELEV |
RED
|
| BJRI |
0.30 |
0.85 |
0.43 |
62% |
GRINDCOVERELEV |
RED
|
| LCID |
0.55 |
0.10 |
0.55 |
76% |
PREELEVATM* |
YELLOW
|
| SWKS |
0.26 |
0.85 |
0.49 |
52% |
IGNGRINDCOVERELEV |
YELLOW
|
+ 32 more yellow names not shown
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Market Headlines |
8 sources · 10:06 ET |
Senegal Bonds Go From Emerging-Market Leaders to Laggards as Default Fears Rise
BBG 40m ago
The recent rise in default fears has led to a significant change in market perception of Senegal's bonds, causing them to go from emerging-market leaders to laggards. Investors should consider the potential for widening spreads in African bond markets and possible contagion effects. A prudent approach may be to wait and monitor for more information on Senegal's economic and policy responses.
| BBG |
Poland Holds Interest Rates as Inflationary Pressures Cool
Poland's decision to hold interest rates steady suggests that inflationary pressures are manageable, which could lead to a slight weakening of the Polish Zloty and potential gains in Polish equities. However, investors should keep an eye on future inflation and GDP reports to assess the effectiveness of the central bank's policy stance.
|
30m ago |
| BBG |
Fed May Need to Act Soon on Inflation, Hammack Says
The possibility of the Fed acting soon on inflation could lead to increased expectations of rate hikes, causing the USD to strengthen and long-duration assets to sell off. Investors should monitor upcoming inflation reports and FOMC meetings for clues on the timing and necessity of rate hikes.
|
8m ago |
| FT |
Gold replaces US Treasuries as world’s top reserve asset, ECB says
The ECB's statement that gold has replaced US Treasuries as the world's top reserve asset could mark a strategic shift in reserve asset management, potentially leading to a rise in gold prices and a slight weakening of the USD. Investors should consider the implications of this shift on their portfolios and the potential for further changes in central bank reserve allocations.
|
6h ago |
| BBG |
AI Fuels $280 Billion Cybersecurity Rally as Earnings Test Looms
The AI-driven growth in cybersecurity has fueled a significant rally in the sector, but investors should be cautious ahead of earnings reports, which could be a test of the sector's valuation. A potential miss in earnings expectations could lead to a correction in tech stocks.
|
3h ago |
| BBG |
M&A Lawyer Pleads Not Guilty to Leading Insider-Trading Ring
The allegations of insider trading against an M&A lawyer may lead to increased regulatory scrutiny and market integrity concerns, potentially affecting the broader market. However, the immediate impact seems limited, and investors should monitor trial proceedings and regulatory announcements for further developments.
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19h ago |
| FJ |
SpaceX is negotiating to pay less than 0.75% fee to IPO banks.
|
1h ago |
| FJ |
SpaceX pushes banks for one of the lowest IPO fee rates ever
|
1h ago |
|
Financial Wire |
Top 5 · AI digest · 10:06 ET |
| FJ |
Fed's Hammack: Inflation still rising
Fed's Hammack sees high inflation as a concern
|
48m ago |
| FJ |
US Job Openings Beat Forecast
JOLTS job openings exceed expectations
|
6m ago |
| FJ |
Adnoc plans oil pipeline
UAE's Adnoc plans pipeline to bypass Hormuz
|
30m ago |
| FJ |
Canada-US Trade Talks
Canada, US discuss sectoral tariffs
|
36m ago |
| FJ |
Netanyahu on Iran aggression
Israel's Netanyahu vows to counter Iran
|
10m ago |
Source: FinancialJuice · 40 flashes scanned
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BSAC
$30.92
-0.2%
|
Bullish
|
| Composite 21 |
1M -1.1% |
3M +0.1% |
1Y +28.3% |
DOWN |
Banco Santander Chile (BSAC) reported strong Q1 profitability despite macroeconomic uncertainty, with management citing higher inflation as a near-term support for margins. The stock has become technically oversold, with a potential trend reversal indicated by strong agreement among Wall Street analysts revising earnings estimates higher. However, weaker growth and household pressures could weigh on the stock later in the year, posing a risk to the market's current optimism.
|
|
DFIS
$36.56
+0.0%
|
Bullish
|
| Composite 55 |
1M +2.8% |
3M +3.6% |
1Y +26.7% |
UP |
DFIS, a Dimensional International Small Cap ETF, has seen increased attention due to its potential in emerging market development finance, providing diversification and stability to private credit amid current volatility. The ETF has returned +2.8% in 1 month, +3.6% in 3 months, and +26.7% in 1 year, with a bullish HMM regime. However, risks include potential market volatility and the impact of changing global economic conditions on emerging markets.
|
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CECO
$83.33
+5.5%
|
Neutral
|
| Composite 66 |
1M +6.4% |
3M +45.9% |
1Y +193.9% |
DOWN |
CECO Environmental's stock fell 8.9% after stockholders approved its merger with Thermon Group Holdings and a new equity plan that could dilute existing shareholders. The stock has pulled back 10% over the past week and month, despite strong longer-term returns. With an analyst target of $86, the market may be mispricing the risk of dilution.
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Options · Portfolio · Actionable Picks
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|
| Ticker |
Rating |
Buy / Hold / Sell |
Period |
| NVDA |
Buy |
63 / 4 / 1
|
2026-06-01 |
| AMZN |
Buy |
71 / 5 / 0
|
2026-06-01 |
| MSFT |
Buy |
61 / 5 / 0
|
2026-06-01 |
| META |
Buy |
63 / 9 / 0
|
2026-06-01 |
| GOOGL |
Buy |
61 / 9 / 0
|
2026-06-01 |
| SNDK |
Buy |
25 / 4 / 0
|
2026-06-01 |
| AMD |
Buy |
46 / 11 / 0
|
2026-06-01 |
| RY |
Buy |
19 / 5 / 0
|
2026-06-01 |
|
Market Movers |
FMP real-time |
Top Gainers
LOBO
+70.8%
$1.44
GXAI
+58.0%
$1.88
VSA
+57.2%
$6.73
MVLL
+48.9%
$170.95
MRVU
+48.8%
$225.00
Top Losers
HKIT
-76.1%
$1.57
FULC
-51.9%
$3.08
ABVX
-40.0%
$77.79
HRTX
-34.6%
$0.54
AREB
-34.4%
$0.07
|
Unusual Options Volume |
15 scanned · 10:09 ET |
| Ticker |
Total Vol |
Calls |
Puts |
P/C |
Hottest Strike |
| SPY |
319,353 |
163,155 |
156,198 |
0.96
|
$759C 35,858 vol |
| SPY: Call-heavy flow with $759C hot, suggests bullish positioning in a strong market. |
| QQQ |
209,879 |
82,223 |
127,656 |
1.55
|
$742C 9,946 vol |
| QQQ: High P/C ratio of 1.55, led by $742C buying, hints at bullish but cautious sentiment. |
| NVDA |
121,099 |
72,424 |
48,675 |
0.67
|
$230C 17,798 vol |
| NVDA: Call-heavy flow with P/C of 0.67 and $230C hot, indicates aggressive bullish bets. |
| TSLA |
107,879 |
38,087 |
69,792 |
1.83
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$420C 6,511 vol |
| TSLA: Put-heavy flow with P/C of 1.83, mixed signal but could be protective hedging. |
| GOOGL |
25,758 |
10,624 |
15,134 |
1.42
|
$380C 2,441 vol |
| GOOGL: Mixed flow with P/C of 1.42, no clear directional signal. |
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AMD
CC
Best Quality
Very High · max 3%
|
$838B
· Earnings Aug 04
|
| $530C |
23 DTE |
+69.9% ann. |
+8.0% OTM |
Δ 0.07 |
POP 93% |
|
| AMD stock is tumbling after Nvidia announced plans to muscle into PC chip territory, a move that appears to be impacting Intel and AMD. |
|
MXL
CC
Craziest Return
Moderate · max 1.5%
|
$8B
· Earnings Jul 22
|
| $100C |
23 DTE |
+228.9% ann. |
+7.3% OTM |
Δ 0.09 |
POP 91% |
|
| MaxLinear (MXL) is scheduled to present at Stifel and Northland events in June, according to a recent report from Stock Titan. |
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ARM
CC
Safest
High · max 2%
|
$431B
· Earnings Jul 29
|
| $345C |
31 DTE |
+67.2% ann. |
+13.9% OTM |
Δ 0.07 |
POP 93% |
|
| ARM's stock hit a record high after Nvidia's chip announcement, according to Barron's, boosting the stock's value. |
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Portfolio Hedge |
SPY $758 · QQQ $744 · VIX 16.0 |
Optimal single-put hedge for a $100K portfolio · β-matched sizing for uniform protection across -5% to -20% · roll every 60 days
✓ VIX 16.0 — Below 22.0 threshold. Puts are cheap — good time to hedge.
SPY Puts
| Profile |
Strike |
Exp |
Qty |
Prem |
Cost |
Ann % |
| Defensive β=0.65 |
$745P |
58d |
1 |
$12.28 |
$1,228 |
7.7% |
| Balanced ● β=0.85 |
$770P |
58d |
1 |
$22.42 |
$2,242 |
14.1% |
| Aggressive β=1.10 |
$735P |
58d |
2 |
$9.79 |
$1,958 |
12.3% |
Scenario: 1× SPY $770P 58d (β=0.85 portfolio)
| Scenario |
SPY |
Coverage |
NLV |
| Pullback -5% |
$720 |
118% |
$98,505 |
| Correction -10% |
$682 |
103% |
$98,044 |
| Bear leg -15% |
$644 |
99% |
$97,584 |
| Crash -20% |
$606 |
96% |
$97,124 |
QQQ Puts
| Profile |
Strike |
Exp |
Qty |
Prem |
Cost |
Ann % |
| Defensive β=0.65 |
$735P |
58d |
1 |
$22.41 |
$2,241 |
14.1% |
| Balanced ● β=0.85 |
$755P |
58d |
1 |
$31.82 |
$3,182 |
20.0% |
| Aggressive β=1.10 |
$720P |
58d |
2 |
$17.11 |
$3,422 |
21.5% |
Scenario: 1× QQQ $755P 58d (β=0.85 portfolio)
| Scenario |
QQQ |
Coverage |
NLV |
| Pullback -5% |
$707 |
113% |
$97,390 |
| Correction -10% |
$670 |
100% |
$96,860 |
| Bear leg -15% |
$632 |
96% |
$96,330 |
| Crash -20% |
$595 |
94% |
$95,800 |
One near-ATM put per 100 shares of β-adjusted exposure · roll at 30d remaining · near-ATM strikes provide uniform -5% to -20% coverage unlike OTM ladders · 10:09 ET
|
|
June 2026 Picks — SD50 Portfolio (MTD)
Jun 01 – Jun 02 (MTD) · Hit rate: 28/51 · Avg return: +0.5% · YTD: +19.6%
Systematic monthly portfolio · 5 low-correlation signal streams spanning large-cap quality, broad-universe value, thematic momentum, high-volatility mean-reversion, and static hedges · multi-timeframe scoring across 7,000+ symbols · no discretionary overrides
| Live Track Record · since 2025-07 · 11 months |
| Return |
+66.1% |
Ann. |
73.9% |
Sharpe |
3.04 |
Max DD |
-4.6% |
| Win% |
91% |
Alpha |
+49.2% |
SPY |
+22.4% |
$100K → |
$166,106 |
| Full backtest · 2006-03–2026-05 · 243 months |
| Total |
2,084% |
Ann. |
16.4% |
Sharpe |
1.03 |
Max DD |
-51.1% |
| Win% |
66% |
Alpha |
+7.3% |
SPY |
490% |
$100K → |
$2,183,793 |
| Ticker |
Wt% |
Return |
| SNDK |
6.4% |
+0.1% |
| TD |
6.3% |
+0.7% |
| RY |
6.1% |
+0.5% |
| CBOE |
5.8% |
-6.6% |
| AMD |
5.2% |
+1.0% |
| GOOGL |
4.7% |
-2.8% |
| AVGO |
4.6% |
+4.5% |
| BWET |
4.5% |
+7.3% |
| GLW |
4.2% |
+9.6% |
| ESLT |
2.9% |
-1.4% |
| BBVA |
2.9% |
-0.1% |
| KEYS |
2.6% |
+4.4% |
| AAON |
2.6% |
+4.1% |
| FTHF |
2.2% |
-0.1% |
| ARM |
2.2% |
-1.4% |
| MO |
2.2% |
-0.2% |
| KYIV |
2.0% |
-0.8% |
| GM |
1.9% |
-1.6% |
| BNS |
1.9% |
+1.5% |
| EW |
1.8% |
-1.1% |
| AMZN |
1.8% |
-2.3% |
| AAPL |
1.8% |
+0.8% |
| SAIC |
1.7% |
-2.7% |
| UNP |
1.5% |
-0.1% |
| FSBC |
1.4% |
+1.5% |
| TRP |
1.3% |
+1.8% |
|
|
| Ticker |
Wt% |
Return |
| SIGI |
1.2% |
-0.3% |
| CORZ |
1.1% |
+6.0% |
| BOTT |
1.1% |
-0.1% |
| CELC |
1.0% |
-23.2% |
| PL |
1.0% |
+6.7% |
| NJR |
1.0% |
+0.6% |
| CNC |
1.0% |
-1.2% |
| MXL |
1.0% |
+1.8% |
| MGA |
0.9% |
+3.1% |
| MU |
0.9% |
+2.2% |
| FCNCA |
0.9% |
+1.0% |
| CM |
0.8% |
+0.2% |
| GIII |
0.8% |
+0.5% |
| COHR |
0.8% |
+14.6% |
| RBA |
0.7% |
-1.1% |
| ENB |
0.7% |
+1.0% |
| CHRW |
0.6% |
-0.8% |
| TJX |
0.3% |
-0.1% |
| GD |
0.3% |
-0.6% |
| NVDA |
0.2% |
+2.7% |
| MSFT |
0.2% |
-3.4% |
| META |
0.2% |
+0.7% |
| BRK.B |
0.2% |
-0.3% |
| JPM |
0.2% |
+0.3% |
| TSLA |
0.2% |
+0.2% |
|
|
|
Important Disclosures
The MOS Regime Inference is powered by a proprietary quantitative engine utilizing a Mixture-of-Experts (MoE) Hidden Markov Model ensemble. It combines Bayesian probabilistic state detection with deep learning sequence models across dozens of cross-asset features to identify structural market shifts and early-warning crisis indicators. This model is experimental and subject to inherent statistical uncertainties.
Timing. The issue date above is the publication (send) date. The regime badge, regime_latest.json snapshot, and embedded regime timeline chart are produced when this issue is built: we run hmm_validation_suite.py --inference at the start of that pipeline using the latest trading rows then available in the price cache (often through the prior U.S. session close when today’s full session bar is not yet in the panel). Running inference again later the same day can change SPY, VIX, PBT, and leverage readouts. The timeline chart is a rolling ~90-day view frozen at send time; back-to-back archived issues can look very similar when history overlaps.
This newsletter is for informational and educational purposes only and does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Options trading involves substantial risk of loss and is not suitable for all investors. Past performance, including backtested results, does not guarantee future returns. Backtested performance has inherent limitations: it is constructed with the benefit of hindsight, does not reflect actual trading, and may not account for all market conditions, transaction costs, or liquidity constraints. The author may hold positions in securities mentioned. All data is believed reliable but accuracy is not guaranteed. Consult a licensed financial advisor before making investment decisions.
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