Focus: US
Market Close: Thu, 08 January 2026
Daily Insights
At market close, US equities exhibited resilience amid mixed sector performances, with broader indices showing modest gains.
The session featured notable rotation, with investors pulling back from high-valuation AI and tech stocks ( Nvidia - 2.2%, Broadcom -3.2%) amid scrutiny over sustained AI spending and valuations.
Defense stocks rallied sharply after President Trump advocated for a $1.5 trillion military budget in 2027 (up significantly from prior levels), boosting names like Lockheed Martin (+4.3%), Northrop Grumman (+2.4%), and smaller players like Kratos Defense (+13.8%).
Small caps also performed well, with the Russell 2000 up 1.1%. Volatility remained low, with the VIX closing around 15.45 (up slightly). Treasury yields edged higher ahead of the upcoming December jobs report today.
Overall, markets stayed on track for weekly gains, with the Dow and S&P 500 showing resilience early in 2026 despite the tech pullback.
Swing Trading Ideas (1–4 Weeks) - TEVO Methodology
- COINBASE GLOBA-A (COIN:XNGS) | MT-Qscore -6.6 | Medium-Term Reversal positive signals today. | Target1: 281.05 | 14.4% | Hit Rate: 75%
- GENERAC HOLDINGS (GNRC:XNYS) | MT-Qscore -6.1 | Medium-Term Reversal positive signals today. | Target1: 163.6 | 10.0% | Hit Rate: 71%
- PELOTON INTERA-A (PTON:XNGS) | MT-Qscore -6.3 | Medium-Term Reversal positive signals today. | Target1: 7.39 | 10.0% | Hit Rate: 73%
- SOUTHERN CO (SO:XNYS) | MT-Qscore -5.0 | Medium-Term Reversal positive signals today. | Target1: 89.91 | 3.1% | Hit Rate: 85%
- MONDELEZ INTER-A (MDLZ:XNGS) | MT-Qscore -8.1 | Medium-Term Reversal positive signals today. | Target1: 56.65 | 4.9% | Hit Rate: 65%
- ZIMMER BIOMET HO (ZBH:XNYS) | MT-Qscore -7.0 | Medium-Term Reversal positive signals today. | Target1: 99.66 | 5.9% | Hit Rate: 68%
- AKAMAI TECHNOLOG (AKAM:XNGS) | MT-Qscore 7.9 | Medium-Term Reversal negative signals today. | Target1: 80.18 | -6.4% | Hit Rate: 64%
- ADT INC (ADT:XNYS) | MT-Qscore -8.6 | Medium-Term Reversal positive signals today. | Target1: 8.58 | 4.0% | Hit Rate: 64%
- POOL CORP (POOL:XNGS) | MT-Qscore -8.7 | Medium-Term Reversal positive signals today. | Target1: 254.51 | 4.8% | Hit Rate: 68%
- UNIVERSAL DISPLA (OLED:XNGS) | MT-Qscore -7.0 | Medium-Term Reversal positive signals today. | Target1: 131.91 | 5.8% | Hit Rate: 73%
TEVO trades pick oversold/overbought but improving setups with positive expected value, strong historical hit-rates, giving you only the highest-probability swing opportunities each week.
Market Movements
US equity markets traded mixed in today's session, with major indices largely flat to slightly higher. The Dow Jones advanced modestly, while the S&P 500 and Russell 1000 showed minimal movement, and small caps outperformed via the Russell 2000. Volatility edged up slightly, reflecting some underlying caution. Sector performance highlighted strength in energy and materials, contrasted by weakness in information technology and health care on a daily basis. Week-to-date, consumer discretionary and health care sectors have led gains, indicating ongoing rotation.
Indices
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Volatility
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Top Gainers (1-Day)
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Top Losers (1-Day)
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Top Sector Gainers (1-Day)
* equal-weighted |
Top Sector Losers (1-Day)
* equal-weighted |
Mag 7
- AMAZON.COM INC (AMZN:XNGS) rose 2.0% over the last trading day and 8.7% week-to-date.
- ALPHABET INC-C (GOOG:XNGS) rose 1.1% over the last trading day and 3.4% week-to-date.
- TESLA INC (TSLA:XNGS) rose 1.0% over the last trading day and fell 0.5% week-to-date.
- META PLATFORMS-A (META:XNGS) fell 0.4% over the last trading day and fell 0.7% week-to-date.
- APPLE INC (AAPL:XNGS) fell 0.5% over the last trading day and fell 4.4% week-to-date.
- MICROSOFT CORP (MSFT:XNGS) fell 1.1% over the last trading day and rose 1.1% week-to-date.
- NVIDIA CORP (NVDA:XNGS) fell 2.2% over the last trading day and fell 2.0% week-to-date.
Mag 7 stocks showed mixed performance, with e-commerce and search leaders advancing while semiconductor and software names declined.
Quantmatix Success Stories
- CARMAX INC (KMX:XNYS) | 13.6% profit following a Short-Term Reversal on Fri, 02 Jan.
- MARAVAI LIFESC-A (MRVI:XNGS) | 13.2% profit following a Short-Term Top Quantmatix on Fri, 02 Jan.
- CHEMOURS CO (CC:XNYS) | 13.1% profit following a Short-Term Reversal on Fri, 02 Jan.
- ORGANON & CO (OGN:XNYS) | 12.3% profit following a Medium-Term Reversal on Fri, 02 Jan.
- QUIDELORTHO CORP (QDEL:XNGS) | 11.5% profit following a Short-Term Reversal on Mon, 05 Jan.
- NEWELL BRANDS IN (NWL:XNGS) | 11.0% profit following a Short-Term Reversal on Mon, 05 Jan.
- AGILON HEALTH IN (AGL:XNYS) | 10.8% profit following a Short-Term Reversal on Tue, 06 Jan.
- MATTEL INC (MAT:XNGS) | 10.6% profit following a Short-Term Reversal on Fri, 02 Jan.
- SCHLUMBERGER LTD (SLB:XNYS) | 10.5% profit following a Short-Term Reversal on Fri, 02 Jan.
- MICROCHIP TECH (MCHP:XNGS) | 9.7% profit following a Short-Term Reversal on Mon, 05 Jan.
Disclaimer: These insights are generated using AI and are provided for informational purposes only. They do not constitute financial advice or a recommendation to buy or sell any security. The content may be incomplete or contain errors and should not be relied upon for investment decisions. Always consult a qualified financial adviser before making financial choices.