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Todayβs Summary
Monday, January 5, 2026
Indices: Russell 2000 +1.58% | Dow +1.23% | Nasdaq +0.77% | S&P 500 +0.64%
Sectors: 8 of the 11 sectors closed higher. Energy led, gaining +2.72%. Utilities lagged, dropping -1.11%.
Commodities: Crude Oil rose +1.80% to $58.35 per barrel. Gold was rose +2.96% to $4,457 per oz.
Currencies: The US Dollar Index inched lower by -0.15% to $98.28.
Crypto: Bitcoin is currently up +2.87% to $94,116. Ethereum is up +3.02% at $3,237.
Volatility: The Volatility Index rose +2.69% to 14.91.
Interest Rates: The US 10-year Treasury yield fell to 4.147%.
Here are the best charts, articles, and ideas shared on the web today!
Chart of the Day
π Today's Chart of the Day was shared by Matt Cerminaro (@mattcerminaro).
- The equal-weight Consumer Discretionary vs. Staples ratio ($RSPD/$RSPS) pushed to fresh all-time highs today, logging its strongest session in over a month.
- Often referred to as βthe best financial analyst on Wall Street,β this breakout signals the market is favoring growth and cyclicals over defensives, reinforcing a classic risk-on environment for stocks.
- The cap-weighted version ($XLY/$XLP) hasnβt broken out yet, but with a multi-year cup and handle pattern nearing completion and price less than 3% from new highs, confirmation may be close.
The Takeaway: Record highs in the equal-weight consumer ratio suggest investors are embracing risk, with the advance supported by expanding breadth rather than narrow leadership.
Quote of the Day
βAs the S&P goes in January, so goes the year."
- Yale Hirsch
Top Links
6 Surprises From 2025 - A Wealth of Common Sense
Ben Carlson reflects on six developments from 2025 that caught investors off guard.
What's Your Investment Philosophy? - Bespoke
Bespoke examines the varying approaches investors take, and how differing philosophies shape market behavior.
Bullish, With Eyes Wide Open - Thoughts on the Market
Duality Research shares their 2026 outlook, highlighting trends that point to a favorable environment for equities.
Energy: The Best Trade in 2026 - Alfonsoβs Daily Note
Alfonso De Pablos notes two Energy bellwethers that could outperform in 2026.
Maduroβs Fall, Energyβs Rise: Oil & XLE Are Back in Focus, Key Price Levels to Watch - StockCharts.com
Mike Zaccardi analyzes the relative strength of energy equities versus oil and key resistance levels to monitor.
