Focus: US

Focus: US

Market Close: Thu, 05 February 2026

Daily Insights

Amazon's announcement of a 50% increase in capital spending rattled tech investors, driving shares down over 4% and contributing to broad pressure on growth stocks.

Major indices slid with the S&P 500 and Russell 1000 both declining more than 1%, reflecting weakness in technology and consumer discretionary sectors. The Magnificent 7 lagged sharply, with Microsoft and Amazon posting the steepest losses, while utilities edged higher as defensives gained ground. Volatility spiked as the VIX surged, underscoring rising uncertainty amid mixed corporate outlooks.

The pullback from mega-cap tech highlights investor wariness toward elevated spending and valuations, with rotation into utilities indicating a preference for stability. This dynamic points to potential mean-reversion plays in oversold areas as momentum shifts.

Swing Trading Ideas (1–4 Weeks) - TEVO Methodology

Today's TEVO swing trade shortlist highlights two Pending Medium-Term Reversal long setups in telecom and industrials, targeting oversold conditions with advancing medium-term Qscores at -6.7. These opportunities carry solid hit rates around 65-74%, offering high-probability entries for 1-4 week swings. The focus on improving momentum in select names aligns with broader rotation themes away from tech.

Q Target Δ% Hit% T-Mobile Us Inc (TMUS:XNGS) ▲ -6.7 ↑ 209.51 +3.8% 65% Crane Nxt Co (CXT:XNYS) 55.20 +4.2% 74%

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

Market Snapshot

Equities

1D WTD Dow Jones -1.2% +0.0% S&P 500 -2.0% Russell 1000 Russell 2000 -1.8% -1.4%

Volatility

 VIX +16.8% +24.8%

US Sector ETFs

1D (%)
-0.5% Real Estate -0.6% IndustrialsHealth Care -0.8% EnergyFinancialsTechnologyConsumer Dis -2.2% Materials -2.7%

Mag 7

META PLATFORMS-A +0.2% -6.5% APPLE INC -0.2% +6.3% ALPHABET INC-A NVIDIA CORP -1.3% -10.1% TESLA INC -7.7% AMAZON INC -4.4% -6.9% MICROSOFT CORP -5.0% -8.5%
Focus: Russell 1000
+0.1% Consumer Sta -0.1% Communicatio
Consumer Sta Real Estate Industrials Communicatio -1.1% Health Care Financials Energy Information Consumer Dis -2.1% Materials -2.9%

Ranked by 1-day change

Quantmatix Success Stories

Our signals delivered exceptional performance last week, with short trades in Gartner and PayPal capturing over 20% profits, underscoring the reliability of our Short-Term and Medium-Term Reversal strategies.

 GARTNER INC (IT:XNYS) ▼

Top Gainers (1-Day)

 Mckesson Corp +16.5% +15.2% Regal Rexnord Co +12.2% +23.8% Tapestry Inc +10.2% +12.8%

Top Losers (1-Day)

 Peloton Intera-A -25.7% -21.5% Fmc Corp -19.5% -13.5% Estee Lauder ▼ -19.2% -16.1%

Sectors (Equal-Weighted)

Utilities
Date Profit % Mon, 2 Feb +24.9% PAYPAL HOLDINGS, INC. (PYPL:XNAS) ICON PLC (ICLR:XNGS) ▼ Fri, 30 Jan +19.3% ADV MICRO DEVICE (AMD:XNGS) +18.7% ARES MANAGEM- A (ARES:XNYS) +18.6%
Key Short-term signals ▲ Short-T DR ★ Short-T TopQ Medium-term signals ▲ Medium-T DR ★ Medium-T TopQ ▲ Pending Medium-T DR ★ Pending Medium-T TopQ

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.