Equities finished yesterday mixed, with the Nasdaq taking the lead on the downside while the S&P held up relatively well. Coming off yesterday’s moves, we’re watching to see if tech can regain momentum – though a slight uptick in the VIX suggests some continued nervousness. Gold softened notably, and steady 10-year Treasury yields (currently 4.45%) indicate a cautious but not panicked risk environment.
Technology (XLK) showed the most resilience yesterday and is poised to lead heading into today, benefiting from ongoing interest in AI and cloud services. Communication Services (XLC) is showing neutral momentum, while we expect continued pressure on Materials (XLB) as industrial activity remains a question mark.
We're watching AAOI, ANET, CMCSA, CPNG, MSFT, NOK, PFE, and SHOP for potential catalysts today. Keep an eye on how these names react to broader market movements and any relevant news flow.
Subscribers get AI conviction scores, pairs trade ideas, sector deep-dives, and actionable signals — delivered before market open.