Quiet Monday. Nasdaq Already Spent the Easy Band.
FOMC week opens with no Tier-1 Monday print. NQ already through daily −1SD overnight off Friday’s 29,387 settle. CL reclaiming off $100.05. Wednesday owns the week.
Monday, September 14, 2026
Cash week opens into FOMC week with no Tier-1 US print on the agency calendars. Friday’s CPI matched on the headline and stayed hot on core. Equities closed that cash session green while the week still finished red. Into this Hawaii window, the house daily map — anchored to Friday’s settle — already shows Nasdaq through daily −1SD on the overnight low. Crude has reclaimed off Friday’s $100.05 cool-off settle and is back testing the top half of today’s daily field. Wednesday owns the week.
Morning Pulse is the day clock, not a forecast. Monday’s job is not to invent a thesis for the statement. It is to mark what Globex already spent, write size against what is left, and leave Wednesday’s rate decision on Wednesday’s card. Weekend Review left the operating rule on the desk: wait for the location, set the alert, live off the charts. Missed fills stay missed.
This note does not rewrite Week Ahead, September 14–18. Friday’s After the Close locked the twin flip and the green-day / red-week split. That handoff still holds.
Confirmed clocks
All times Eastern. Cash open is 3:30 a.m. Hawaii.
| Time (ET) | What is confirmed | Status / desk use |
|---|---|---|
| Fri Sep 11, 8:30 a.m. | BLS CPI and Real Earnings, August 2026 — headline +0.4% m/m, +3.4% y/y; core +0.3% m/m, +2.4% y/y. | Already printed. Headline matched. Core hot on the month. |
| Fri Sep 11 cash | Equities closed green from the open (ABC: S&P 7,656.98 +0.9%, Dow 52,573.29 +1%, Nasdaq 26,333.04 +1%, Russell 2,903.94 +0.4%). | Cash open-to-close. Snapped the multi-day slide. |
| Fri Sep 11 week scoreboard | Week still finished red close-to-close. | Distinct from Friday’s green cash session. |
| Fri Sep 11 oil |
Related Articles
Core Printed Hot. Oil Gave Back the Easy Band.
August CPI matched at +0.4% / 3.4%. Core +0.3% m/m / 2.4% y/y — hot on the month. CL through daily −1SD off the $102.48 settle. Equities reclaimed overnight. FOMC is next week.
Oil Already Spent the Band. PPI Printed Hot on the Year.
Crude already spent daily +1SD overnight on Middle East supply risk. NQ through daily −1SD. August PPI printed +0.4% m/m and +5.4% y/y — matched the month, a touch hot on the year. CPI is still Friday.
The 10-Year Is Today’s Coupon. CPI Is Still Friday.
Wednesday keeps Tuesday’s reopen frame and adds the 10-year reopening. ECEC and QSS at 10:00. The 17-week closes at 11:30. The coupon closes at 1:00. Do not spend Friday’s CPI on a Wednesday stop.