ETF Tracker Newsletter For February 6, 2026

Market Performance - The Dow surged 1,200 points (approximately 2.5%) and surpassed 50,000 for the first time, turning positive for the week [4] - The S&P 500 increased by 2%, while the Nasdaq rose by 2.2%, with the S&P returning to positive territory for 2026 overall [4] Sector Movements - Nvidia and Broadcom were significant gainers, each up 7% after earlier losses, indicating a shift in market sentiment [5] - A "great recalibration" is occurring, with capital rotating from high-growth tech stocks to value and cyclical sectors such as industrials and financials [5] - Value stocks significantly outperformed growth stocks, with the Magnificent Seven underperforming the S&P 493 [6] Cryptocurrency and Commodities - Bitcoin rebounded by 11%, rising above $70,000 after previously dropping below $61,000, which was over 52% off its October 2025 record of $126,000 [6] - Precious metals also saw recovery, although silver lagged behind, while gold approached $5,000 but did not reach that level [6] Bond Yields and Economic Indicators - Bond yields decreased as expectations for rate cuts increased due to weak labor data and stock market declines [7] - A late-day panic-bid, possibly influenced by comments from Fed's Daly regarding potential rate cuts, contributed to the S&P's recovery to flat for the week [7] Trend Tracking Indexes - The Domestic Trend Tracking Index (TTI) closed at +8.29% above its moving average, with a "Buy" signal effective from May 20, 2025 [11] - The International TTI closed at +11.99% above its moving average, with a "Buy" signal effective from May 8, 2025 [11]