Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
Welcome back. Last week was the worst week for stocks in 2026. So for today, let’s look at what could be in store for the rest of the month… As well as some surprising areas of strength most people are missing.
I’ve been talking so much about the current market rotation that it’s easy to forget we’re still in earnings season. And as today’s chart shows, this has been one of the most volatile earnings seasons in recent history.
The sideways chop continues in the major indexes. As I said yesterday – it’s an extremely frustrating market for “S&P 500 or Nasdaq only” investors…
If you’ve been reading this newsletter then you know I’ve been banging the table on the market rotation for quite a while now. One question people have asked me is – how long will this rotation last?
After days of fairly heavy selling, the S&P 500 posted its best day since November last Friday. Net new highs surged and there were 1,664 more stocks advancing than declining. The question is – was Thursday the near term bottom?
In yesterday’s newsletter, I highlighted the divergence between the big decline in software stocks and the powerful surge in semiconductors and how said divergences often exist in sideways markets – even if most don’t notice them.
Yesterday I talked about how the Equal-Weight S&P 500 has been outperforming the cap-weighted S&P 500 since November. That outperformance continued yesterday, with the S&P 500 falling nearly 1% – but the Equal-Weight S&P 500 hitting another new high.
In yesterday’s newsletter, I broke down how the markets did in January… And showed why – with data – we will likely be seeing a choppy month in February.
I said in yesterday’s newsletter that I was going to talk about how the market did in January. But I put that off till today because I just had to address the massive precious metals rout from Friday.
Welcome back to a new trading week. Now that January is over, I was planning to talk about how stocks have performed over the month in today’s newsletter. But I’m moving that to tomorrow’s newsletter… Because today, we need to talk about the $10 trillion wipeout that happened in the precious metals...
To close out the trading week, let’s do something a little different. Instead of zooming out and looking at higher-level market dynamics… Let’s zoom in and tell a quick story about a single stock…
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