January 15, 2026
Markets:
S&P 500 futures rose Thursday, as Wall Street tried to recover from back-to-back losing sessions.
Chip stocks led the way in early trading after Taiwan Semiconductor delivered another record quarter, reporting a 35% jump in profit that revived investor confidence in artificial intelligence.
Taiwan Semi jumped 6% in the premarket, while Micron Technology popped 3%. Nvidia and AMD gained more than 1% each.
The moves also come after President Donald Trump on Wednesday signed a proclamation that imposes a 25% tariff on certain semiconductors. However, the levy won’t apply to chips that are imported to contribute to the buildout of the U.S.’s technology supply chain.
A pullback in oil prices was also supportive of the market, with Brent crude oil futures and front-end West Texas Intermediate crude sliding nearly 3%, each.
The latest economic data also pointed to a solid jobs market. Jobless claims data for the week ending Jan. 10 came in at 198,000, lower than the 215,000 expected by economists polled by Dow Jones.
Geopolitical risks weighed on investor sentiment this week. Oil prices rose as mounting tensions between the U.S. and top OPEC member Iran added to fears of supply disruptions. They’ve since slid after Trump signaled he might not attack Iran.
Portfolio:
Monster session in play today as premarket is really ramping up for us and queue is igniting! We enter the session holding setups in SATL, ONDS, and TSLL.
QQQ and just like that, market is back! Nice gap up this morning. TSM really delivered! If Bitcoin could dare get back up above 100k we would have an epic mashup between the markets and crypto. Risk on environment everywhere and we do believe this moment will eventually come and euphoria will be here for 8 to 12 months during that period of chasing. That phase has yet to hit this cycle and this administration truly is trying to ignite that euphoria. Short term, we think QQQ gets to 640. SPY 700.
Cannot wait for tech earnings to come to us! Great period to be trading, be ready!