- Reaction score
- 2,273
It's been a choppy morning already on this first trading day of 2026. Stocks gapped up at the open, many of those gaps were filled already, and that gap fill is trying to hold.
As I talked about in today's market commentary, the first few days of a new year have been hectic in recent years with the S&P 500 giving a fake out moving, either up or down, only to reverse in the other direction later in the month.
For now, the S&P 500 held at Wednesday's low, and technically the gap is not fully filled, but the 6835 area has a wall of support that is trying to hold.
Meet the new boss. Same as the old boss, as the I-fund takes the lead again to start the year.
Gold, silver, and bitcoin are up, while oil is down a bit this morning.
As I talked about in today's market commentary, the first few days of a new year have been hectic in recent years with the S&P 500 giving a fake out moving, either up or down, only to reverse in the other direction later in the month.
For now, the S&P 500 held at Wednesday's low, and technically the gap is not fully filled, but the 6835 area has a wall of support that is trying to hold.
Meet the new boss. Same as the old boss, as the I-fund takes the lead again to start the year.
Gold, silver, and bitcoin are up, while oil is down a bit this morning.
Last edited:
