Focus: USMarket Close: Wed, 28 January 2026
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At market close, U.S. equities presented a mixed picture with major indices showing minimal net changes amid selective sector rotations. Technology and energy sectors demonstrated resilience, buoyed by positive momentum in key components, while defensive areas like consumer staples and real estate faced headwinds.
The Federal Reserve held interest rates steady as widely expected. The FOMC statement noted solid economic growth, still-elevated inflation, and signs of stabilization in the job market. Chair Jerome Powell's press conference provided little new direction on future cuts, with market pricing now leaning toward possibly two rate cuts in 2026, potentially starting around June.
The session was largely "wait-and-see" ahead of major Big Tech earnings reports with Meta and Tesla up pre-market on positive results.
Gold prices climbed to fresh record highs (above $5,500/oz), oil was firmer, and the dollar rebounded somewhat.
Overall, a flat-to-slightly-positive day with the spotlight on the Fed's caution and upcoming tech earnings driving sentiment.
Swing Trading Ideas (1–4 Weeks) - TEVO Methodology
Today's TEVO swing trade shortlist highlights two compelling long opportunities in the healthcare and technology sectors, both featuring Pending Medium-Term Reversal setups with robust hit rates above 70%. These positions target oversold conditions showing early signs of momentum improvement, as indicated by advancing medium-term Qscores. The setups align with the methodology's emphasis on high-probability mean-reversion trades over the next 1-4 weeks, offering selective entry points in a mixed market.
| Q | Target | Δ% | Hit% | ||
| Acadia Healthcar (ACHC:XNGS) ★ | -8.0 |
↑
15.60
+16.0%
71%
Zscaler Inc (ZS:XNGS)
▲
-9.1
233.99
+9.4%
76%
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
Major indices traded flat to slightly lower, with the S&P 500 and Russell 1000 showing negligible declines, while the Russell 2000 underperformed amid broader small-cap weakness; technology and energy sectors led gains through SPDR ETFs, contrasting with losses in consumer staples and real estate. The Magnificent 7 displayed mixed results, with NVIDIA advancing notably but Apple and Amazon lagging, highlighting divergence within mega-cap tech. Energy's outperformance alongside subdued VIX levels points to selective risk-taking in cyclicals. What this means: Investors appear to be rotating toward sectors with improving fundamentals, potentially broadening market participation, and with Pending Medium-Term Reversal signals emerging in laggard tech names like Intel and Alphabet, mean-reversion plays could gain traction if momentum builds.
Equities | 1D | WTD | Dow Jones | +0.0% |
-0.2%
S&P 500
-0.0%
+0.9%
Russell 1000
-0.1%
+0.8%
Russell 2000
-0.5%
-0.6%
VolatilityVIX |
0.0%
+1.6%
US Sector ETFs
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