Markets Bullish QQQ Hits $630 * QQQ price action (2026-01-23 to 2026-01-29): * 2026-01-23: Open $619.73, High $625.40, Low $618.65, Close $622.72 * 2026-01-26: Open $623.21, High $627.61, Low $622.12, Close $625.46 * 2026-01-27: Open $628.91, High $632.04, Low
Stagflation Watch: Where We Stand Current economic snapshot: Labor markets have cooled sharply, with job creation slowing from over 200,000 positions per month at the end of 2024 to around 50,000 currently. Vanguard Unemployment is expected to rise to 4.5% in 2026, up from 4% in 2024. Deloitte Insights Meanwhile, core PCE
Markets Bullish QQQ & EMA * QQQ 2026‑01‑22: Open 622.35, High 622.46, Low 617.78, Close 620.76 * QQQ 2026‑01‑23: Open 619.73, High 625.40, Low 618.65, Close 622.72 * QQQ 2026‑01‑26: Open 623.21, High 627.61, Low 622.12, Close 625.46 * QQQ 2026‑
Markets Bullish Tech Momentum Building * QQQ gained 3.5% this week (609.47→631.06), approaching 630 resistance level * SPY up 2.3% (679.65→695.51) with consistent higher highs/lows * VIX remained low at 16.1-16.4, indicating stable investor sentiment * EMAs suggest building momentum below short-term but above long-term
Fed Holds Rates Steady, Two Governors Dissent The Fed kept rates unchanged at 3.5% to 3.75% in January, as expected, following three cuts last year. Two governors (Miran and Waller) voted for another quarter point cut, but the majority held firm. Powell characterized the economy as entering 2026 on solid footing, with the current rate
Markets Bullish QQQ Triangle Up * QQQ closed at $616.28 (Jan 21), $620.76 (Jan 22), $622.72 (Jan 23), $625.46 (Jan 26), $631.06 (Jan 27), breaking above $630. * EMA values: 5‑day 627.36, 9‑day 624.88, 20‑day 622.65, 50‑day 619.47 throughout the week. * VIX fell to
Markets Market Update * Broke $630 resistance level on Jan 27, closing at $631.06 * Current price above all EMAs: EMA5 ($624.82), EMA9 ($622.99), EMA20 ($621.50), EMA50 ($618.80) * VIX remains low at 15.64-16.15, indicating stable market sentiment * Breakout from symmetrical triangle pattern, per journal entries, with targets
Markets Bullish QQQ regains EMA * QQQ closes rose from 608.06 (Jan 20) to 625.46 (Jan 26), a 2.9% gain over five sessions. * EMA5 = 624.98, EMA9 = 623.09, EMA20 = 621.55, EMA50 = 618.83; price is now just above EMA5 and EMA9. * VIX edged up to 16.15 (Jan 26) from 15.
Markets Bullish QQQ Above 619 * QQQ Jan 23: 622.72 close (up from 608.06 Jan 20 low) * SPY Jan 23: 689.13 close (up from 677.56 Jan 20 low) * QQQ EMAs: 5(621.71), 9(620.98), 20(620.38) * VIX decline: 16.90 → 16.09 → 16.09 (3-day trend) * Market breadth
Markets Bullish QQQ Recovery Underway * QQQ close: 621.26 → 608.06 → 622.72 (3-day recovery) * EMA levels: 5(619.80), 9(619.84), 20(619.77) - all converging * VIX declining: 20.09 → 15.64 (volatility compression) * Recovery rate: +2.4% from low, still below Jan 19 close * Key level: Need closing above 619 for
Markets Market Bounce After Trump Tariff Relief * QQQ shows constructive bounce from 608.06 (1/20) to 620.76 (1/22), but below key 619 resistance level * SPY recovered from 677.56 to 688.73, needs to reclaim 6885-6886 area * VIX spike from 15.86 to 20.09 signals elevated volatility has subsided * Breadth improved to
Markets Market Bounce After Trump Tariff Relief * QQQ shows constructive bounce from 608.06 (1/20) to 620.76 (1/22), but below key 619 resistance level * SPY recovered from 677.56 to 688.73, SPX needs to reclaim 6885-6886 area * VIX spike from 15.86 to 20.09 signals elevated volatility has subsided * Breadth improved
Markets QQQ & SPY Market Snapshot QQQ hovered around 621–626, staying just below the key 619 – 620 EMA cluster (EMA5/9/20/50 all ~617‑618). A close above 619 would signal a potential short‑term low. SPY traded between 677‑685, with its EMAs flat near 687‑688, indicating a modest recovery after a
Job Market Remains Stable * Initial claims ticked up just 1,000 to 200,000 for the week ending Jan 17, well below the 212,000 economists expected * Continuing claims dropped 26,000 to 1.849 million, still below second half 2024 averages but elevated compared to post pandemic norms * Labor market vibe: low firing,
Markets Market Recovery After Volatility Spike Both SPY and QQQ have shown constructive bounces after mid-week volatility, with SPY recovering from lows near 677.56 to close around 685.40. Technical indicators suggest the recent pullback may have found support, with EMAs providing solid foundations around 684-687 for SPY and 617-619 for QQQ.
Markets Continued QQQ Technical Weakness QQQ shows technical weakness with price consolidation below 630 resistance. Current EMAs (5:617.37, 9:619.24, 20:619.58, 50:617.42) suggest flat momentum. SPY displays similar patterns, trading above clustered EMAs (686.90-688.38 range). Low VIX levels (15.84-16.75) mask underlying volatility
Markets QQQ & SPY: EMA Snapshot QQQ remains range‑bound around its flat EMAs (5 = 622.19, 9 = 622.11, 20 = 620.97, 50 = 617.92). From Jan 12 to Jan 16 the ETF traded from 622.31 to 627.17, slipped to 626.24, then fell to 619.55 before stabilizing near 621‑622—signaling
Markets QQQ & SPY Jan 2026 QQQ is trading above its long‑term EMAs (EMA20 ≈ 620.99, EMA50 ≈ 617.93) but has slipped back toward the tight cluster of EMA5 ≈ 622.24 and EMA9 ≈ 622.14, suggesting a short‑term consolidation after a recent high near 630. The close on Jan 14 at 619.55 fell
Markets Market Rally Stalls as Volatility Rises The major indices are showing signs of fatigue after last week's record-breaking rally. QQQ closed Tuesday at 619.55, trading below its short-term EMAs (5-day at 622.44), while SPY settled at 690.36, also underperforming its 5-day EMA of 691.74. VIX has
Jobless Claims Drop for Jan10 * Initial jobless claims fell 9,000 to 198,000 for the week ending January 10th, well below the expected 215,000 and marking the second lowest reading in two years * Continuing claims dropped 19,000 to 1,884,000 at the turn of the year, matching expectations and extending the
NASDAQ’s Struggle Signals Market Risk While SPY and IWM are making new highs, QQQ is still struggling.
Markets CPI at 2.6% for Dec 2025 * The annual core consumer price inflation rate in the United States was 2.6% in December 2025, the lowest since March 2021 and the same as in November. * This 2.6% reading came in slightly below market expectations of 2.7%. * Price increases slowed for used cars and trucks, rising
Markets QQQ Headwinds QQQ opened the week at 619.32 on Jan 5, slipped to 617.99, then rallied to 623.63 on Jan 6, 624.19 on Jan 7, retraced to 620.47 on Jan 8, and finished at 626.70 on Jan 9 – a net gain of ~1.5 % over five
Markets SPY & QQQ EMAs Converging January 5‑9, 2026 price action shows both SPY and QQQ pushing above their short‑term EMAs. SPY closed each day above EMA5 (690.55) and EMA9 (689.09), hitting a fresh record high of 694.07 on Jan 9. QQQ rose from 617.99 to 626.69, overtaking EMA5
