Outlook 01/16: Stock futures rise as SP500 tries to end week on a strong note. Bank stocks also got a boost after Goldman Sachs and Morgan Stanley posted solid fourth-quarter results. Goldman shares gained more than 4%, while Morgan Stanley added nearly 6%. Investors are preparing to close out a hectic week. They’ve been grappling with a slate of headlines out of Washington, running the gamut from heightened geopolitical risk in Iran and Greenland to worries over threats to the Federal Reserve’s independence.
ESH26 (Mar2026): YVAH 7014 YPOC 7007 YVAL 6989 GAP 6981
/ES Plan: Yesterday market closed bearish, but overnight looks balanced, moving within previous value, so these're the opening and initial balance options for current session:
A) If market moves above HVE 6996 with bullish internals/delta, buy towards HVE 7020 and ATH-ON 7036 PBT 7045 magnets.
B) If market moves below HVE 6996 with bearish internals/delta, sell towards YVAL-ONL 6989 and GAPs 6981-6965 magnets.
Note: Remember that new record high has been printed overnight, so it's still pending to be revisited at regular hours. It's OPEX day, which refers to the monthly expiration of stock options. The event can lead to higher volatility and more trading volumes, with high-frequency traders trying to take advantage for quick arbitrages.
Market Movers
10:00 Housing Market Index
10:00 ET Trump Health Roundtable
10:50 ET Fed’s Collins speaks
11:00 ET Fed’s Bowman speaks
15:15 ET Trump in Ceremony
15:30 ET Fed’s Jefferson speaks
Questions via private twitter direct message (RTH)
