Market Roundup: February 4, 2026
Traders,
Well, what can we say about this week and the price action so far that we haven’t said the last month? When we look at the consensus S&P500 targets from many of the banks for 2026 we can see that we’re basically already there to start this year so that being said, how much do we really think we’re going to squeeze out of this until we correct?
SP500 Targets
What you did not see struggle are names in:
Defensives
Consumer staples
Healthcare
They’ve all been green in the past few weeks, boring, but green.
This was a heat map from today’s price action.
Dan highlighted a lot of these ideas in the 2026 market outlook, really a road map for this year if you think about it.
Updated notes on $SPY and why I think the play is bearish
Quick position updates
A revisit to an old idea that is providing another entry long with some nice call flows that came in today
Options Flows Membership
To unlock this post please begin your trial.
Start Your 30 Day Free TrialMembership Includes:
- Weekly Options Newsletter
- Unusual Options Flows Ideas
- Price Action Trading Ideas
- Weekly Stock Market Article