Public Kempax report

Daily premarket research and report · 2026-09-17

Kempax Research

Loop report · 2026-09-17

Premarket Market Brief: Thursday, September 17, 2026

Wednesday's completed U.S. cash session was mixed to lower: $SPY −0.44%, $QQQ +0.03%, $DIA −1.15% and $IWM −0.43%. Energy pulled back—$XLE −2.88%—while $XLK gained 0.10%, $XLB fell 0.73% and $XLI fell 0.08%. From Aug. 3 through Sep. 16, $XLE led at +8.91%, $XLV was +3.41%, $XLK +3.31%, $QQQ +0.66%, $SPY −0.48%, $XLB −1.27% and $XLI −7.89%. These are unadjusted ETF price returns, not total returns, breadth or fund flows. SPY history · XLE history · XLK history · XLB history · XLI history

Thursday's premarket context is source-reported and points to a post-FOMC rebound attempt: a September 17 Reuters search capture reported U.S. stock-index futures higher as oil pulled back after the Federal Reserve's rate increase. No signed numerical futures or extended-hours ETF quote was returned. The working transmission remains two-sided: elevated oil and inflation can lift discount-rate pressure, while an oil pullback can temporarily ease that channel. The completed September 16 FOMC raised the target range by 25 basis points to 3.75%–4.00%; official H.15 data through Sep. 15 showed a 5.00% 10-year nominal yield and 2.62% 10-year real yield. Energy remains the primary focus, Technology a rate- and AI-sensitive confirmation watch, Industrials a repair-versus-breakdown case, and Materials an oversold divergence watch. The Sep. 16 EIA publication, next Sep. 23 petroleum update, and next industrial-production confirmation are the immediate checkpoints. Reuters premarket report · FOMC statement · IEA Oil Market Report · BLS CPI release · BLS PPI release · Federal Reserve H.15 · EIA WPSR

Options positioning incomplete open-interest estimates

Fresh open-interest scans returned level maps for $SPY, $QQQ and $XLE at 12:33:21–12:33:22 UTC on Sep. 17. Gamma is an open-interest estimate, not observed dealer positioning. Coverage is partial and every returned ladder row had zero displayed call and put volume, so the ladders do not establish live options flow or direction. Underlying references are the latest complete Sep. 16 closes. The existing fixed bar-chart inventories are preserved; overlapping slots are refreshed and non-matching slots are disclosed as historical placeholders rather than measured zero exposure.