Podcast
Next Day Prep #186: Tech Stocks Bleed as Energy Sector Soars – Thursday 1/8/2026
Key takeaways
- With momentum shifting away from Tech, traders are advised to respect the market rotation, monitor commodities like Gold and Copper, and prepare for potential volatility surrounding the NFP report.
Next Day Prep: Tech Stocks Bleed as Energy Sector Soars
A quick analysis of today’s market outlook and key trading opportunities to start your day.
Market Briefing: Next Day Prep – What We Are Watching Tomorrow
Intro & Market Mood
Today’s market saw a compelling split with Dow rising and Nasdaq falling, indicating a shift in momentum.
Overnight Headlines
- Venezuela Crisis Sparks Energy Surge: Crude oil rallied due to geopolitical tensions, boosting the entire energy sector.
- Robust Economic Data: Q3 productivity soared to 4.9%, while unit labor costs declined, signaling strong growth without inflationary pressure.
- Defense Sector Boom: President Trump’s budget proposal drove notable gains in companies like Huntington Ingalls and L3Harris.
Economic Announcements
Tomorrow, traders are eyeing the Nonfarm Payrolls report at 8:30 AM Eastern for potential market impact.
Earnings Highlights
Neogen (NEOG) reported impressive earnings, surging 31%, showing the importance of strong individual performances in a mixed market.
Top Movers
- Winners: Energy, Housing, and Defense sectors showed strength, with notable performances from companies like Lennar, D.R. Horton, and Huntington Ingalls.
- Losers: Tech sector, including Nvidia and memory names like SanDisk, experienced a retreat.
Quick Trade Ideas
Traders should focus on Metals and Mining for potential continuation trades, particularly in companies like Franco-Nevada (FNV) and Agnico Eagle (AEM).