Blog
Daily macro wraps and occasional notes on building IdleUntil.
May 21, 2026Risk-on · SPX +0.17% · VIX -4.01% · XLU led (+1.10%), XLE lagged (-1.12%)
May 20, 2026Risk-on · SPX +1.08% · VIX -3.77% · 10Y ↓10bp · Dollar softer · XLY led (+2.53%), XLE lagged (-2.43%)
May 19, 2026Risk-off · SPX -0.67% · VIX +1.63% · 10Y ↑6bp · XLE led (+1.17%), XLB lagged (-2.35%)
May 18, 2026Mixed tape · SPX -0.07% · VIX -3.74% · 10Y ↑2bp · Dollar softer · XLE led (+1.92%), XLK lagged (-1.08%)
May 15, 2026Risk-off · SPX -1.24% · VIX +6.32% · 10Y ↑12bp · Dollar firmer · XLE led (+2.36%), XLB lagged (-2.65%)
May 14, 2026Risk-on · SPX +0.77% · VIX -3.13% · Dollar firmer · XLK led (+1.50%), XLB lagged (-0.75%)
May 13, 2026Risk-on · SPX +0.58% · VIX -0.39% · Dollar firmer · XLK led (+0.94%), XLU lagged (-1.15%)
May 12, 2026Mixed tape · SPX -0.16% · VIX -2.39% · 10Y ↑4bp · Dollar firmer · XLV led (+1.96%), XLK lagged (-1.51%)
May 11, 2026Mixed tape · SPX +0.19% · VIX +6.81% · 10Y ↑4bp · XLE led (+2.64%), XLC lagged (-1.16%)
May 8, 2026Mixed tape · SPX +0.84% · VIX +0.41% · 10Y ↓3bp · Dollar softer · XLK led (+3.44%), XLU lagged (-0.89%)
May 7, 2026Mixed tape · SPX -0.38% · VIX -1.61% · 10Y ↑5bp · XLC led (+0.03%), XLB lagged (-1.93%)
May 6, 2026Mixed tape · SPX +1.46% · VIX +0.29% · 10Y ↓7bp · XLK led (+2.66%), XLE lagged (-4.12%)