Weekly Stock Market Update & SPY Technical Analysis This week will test the AI trade as Nvidia prepares to report its quarterly earnings and set the stage for its 2026 outlook. The $4.6 trillion company holds a large weight in the market, and its prolific impact on the advancement of AI makes them a critical name to pay attention to. Not only is the earnings data important, but the earnings call with the company’s CEO is crucial. His comments about AI, data centers, connectivity, and any form of advanced technology could provide signals to where capital will flow in the coming 3-12 months. Comments about partners will also matter, as the company’s partners could benefit from the rising tide of...
Weekly Stock Market Update & SPY Technical Analysis The market finished lower last week as traders continue to shift from higher risk assets like high growth stocks and crypto. Even prominent AI players are struggling to attract buyers. The last 24 months has ballooned valuations to astronomical levels, making it difficult to justify entry at these prices. Luckily, capital in the market rarely stays still. Money is rotating into energy, industrials, consumer defensive / staples, and healthcare. Rather than technology leading the way as usual, investors are placing their money into classic names like Coca-Cola, Boeing, P&G, Costco, Walmart…etc. These names are often “slept on” because they’re not high risk high reward and are not “exciting” enough for traders, but...
Weekly Stock Market Update & SPY Technical Analysis The Dow Jones Industrial Average topped 50,000 for the very first time last week as the market posted a massive recovery and its biggest day of 2026 (so far). Sweethearts like Nvidia, TSMC, Broadcom led the way, signaling that confidence is restored in the AI trade. The story of the market over the past quarter has been skewed outside of tech and into other industries. Big names like Microsoft, Meta, Palantir, and more…have corrected deeply from their highs. As these names corrected from astronomical valuations (along with other high growth AI / quantum / nuclear names), capital was flowing to industrials, consumer defensive, energy, and other parts of the market that lagged...
Weekly Stock Market Update & SPY Technical Analysis The Russell 2000 (IWM) outperformed the S&P 500, Nasdaq, and Dow Jones in January as capital flowed to small-cap stocks to kick-off the new year. This is historically a seasonal tendency driven by a phenomenon called the “January Effect,” here are the reasons this happens: Tax-Loss Harvesting: Investors often sell "losers" in December to claim tax losses, then buy back into the market in January, pushing prices up. Portfolio Rebalancing: Institutional investors often reallocate capital to smaller, higher growth names at the start of a new year. During this time, other parts of the market were sitting idle. Large-cap tech mostly consolidated apart from memory stocks like Micron (MU) and Sandisk (SNDK). ...
Weekly Stock Market Update & SPY Technical Analysis We’re only a few weeks into 2026, but already approaching one of the most important weeks of the entire year. The coming days will bring with key earnings data and important monetary policy updates…two of the most influential subjects in market direction. Scheduled Earnings: Boeing / RTX / Northrop Grumman / Lockheed Martin - Aerospace & defense stocks have been among the leaders in the market over the last quarter, making their earnings critical to the industry and the overall index. Many small and mid-cap companies have also enjoyed the rally, including AeroVironment (AVAV), Kratos (KTOS), Red Cat (RCAT). All these stocks are subject to influence by the earnings results of the...
