Daily market context, macro notes, and session recaps from Capital Assets. Educational commentary only—not financial advice.
Learn how options max pain is calculated, what minimum payout means, how put-to-call ratios provide additional context, and how traders can use max pain without treating it as a guaranteed price target.
Q1 GDP growth and GDP sales beat forecasts, while Core PCE MoM matched at 0.30%. Equities finished higher with broad participation; credit was steady, VIX ticked up, and gold and oil bounced.
Treasuries rallied and volatility eased, while SPY and QQQ lagged. Small caps and equal weight rose, and energy and gold sold off sharply.
Stocks showed uneven leadership: SPY -0.26% and QQQ -0.57% slipped, but IWM +0.65% and defensive XLV +0.63% held. VIX jumped +3.46% and TLT fell -0.79%, while credit was slightly softer.
The AI Revolution Could Create a Very Different Economy Than Investors Expect For the better part of the last four years, investors have been obsessed with inflation. Every Federal Reserve meeting, every jobs report, every CPI release, and every market rally has been filtered through a single question: Is inflation coming down? That’s why a…
Initial and four-week jobless claims were slightly better, while Philadelphia Fed activity and net long-term TIC inflows surprised strongly positive. Tech and small caps led gains, credit was steady, and VIX dropped sharply.