Market Overview - Investors should not overreact to uneventful unemployment data, as it allows for a focus on broader market trends and rallies beyond last year's winners [1] - Money is aggressively rotating into overlooked sectors, particularly data storage stocks, which have seen significant rallies while former market leaders struggle [2] Company Insights - Apple and Nvidia have not performed well despite strong underlying businesses, as they have become sources of funds for investors seeking new opportunities [3] - Upcoming earnings season is expected to start strong with JPMorgan Chase, although caution is advised regarding CEO Jamie Dimon's potential risk emphasis [6] - Delta Air Lines is anticipated to report strong results, with banks like Citigroup, Wells Fargo, Bank of America, Goldman Sachs, and Morgan Stanley also expected to perform well [7] Economic Indicators - The December consumer price index will be more significant than recent labor data, with signs of persistent inflation impacting consumer sentiment and presidential policies [5] - The JPMorgan Healthcare Conference is expected to generate merger-and-acquisition activity, with interviews of pharmaceutical executives planned [4] Sector Focus - Attention is on Taiwan Semiconductor Manufacturing Company, which may influence Nvidia's stock performance [8] - Transport stocks are also in focus, with expectations that a solid report from J.B. Hunt will support a bullish outlook on FedEx [9]

Economic Indicators - US housing starts unexpectedly fell by 4.6% month-over-month to a 5.5-year low of 1.246 million, weaker than expectations of 1.330 million [1] - US building permits fell by 0.2% to 1.412 million, which was stronger than expectations of 1.350 million [1] - US nonfarm payrolls rose by 50,000 in December, weaker than expectations of 70,000, while November's payrolls were revised lower to 56,000 from 64,000 [2] - The December unemployment rate fell by 0.1% to 4.4%, better than expectations of 4.5% [2] Stock Market Performance - The S&P 500 Index closed up by 0.65%, reaching a new all-time high, supported by a resilient US labor market [5][6] - Chipmakers and data storage companies saw significant gains, with Sandisk closing up more than 12% and Intel up more than 10% [15] - Home builders and suppliers rallied after President Trump announced plans for Fannie Mae and Freddie Mac to purchase $200 billion in mortgage bonds, with Builders FirstSource closing up more than 12% [16] - Power producers also experienced gains, with Vistra closing up more than 10% following electricity deals with Meta Platforms [17] Consumer Sentiment and Inflation Expectations - The University of Michigan's US January consumer sentiment index rose by 1.1 to 54.0, stronger than expectations of 53.5 [6] - January 1-year inflation expectations remained unchanged at 4.2%, while 5-10 year inflation expectations rose to 3.4% from 3.2% in December [7] Interest Rates and Federal Reserve Commentary - The 10-year T-note yield rose to a 4-week high of 4.203%, influenced by rising inflation expectations and hawkish comments from Atlanta Fed President Raphael Bostic [10][11] - The markets are currently discounting a 5% chance of a 25 basis point rate cut at the upcoming FOMC meeting [8] International Market Trends - European stock markets, including the Euro Stoxx 50, reached new record highs, with a 1.58% increase [9] - China's Shanghai Composite climbed to a 10.5-year high, closing up by 0.92% [9]

Western Digital Corporation (NASDAQ:WDC) experienced a significant Power Inflow alert, a key bullish indicator that is closely tracked by traders who value order flow analytics, specifically institutional and retail order flow data.At 10:17 AM EST on January 9, WDC triggered a Power Inflow signal at a price of $187.86. WDC had seen a decrease in the stock price leading up to the Power Inflow alert, dropping almost 3% within the hour leading up to the signal. At the time of the signal, and then thereafter, b ...

Key Points The booming demand for data center storage has proven to be a significant tailwind for this company over the past year. A favorable pricing environment should allow this tech stock to clock healthy growth in revenue and earnings. The stock's attractive valuation makes it worth buying before it soars higher. 10 stocks we like better than Western Digital › Palantir Technologies (NASDAQ: PLTR) delivered another year of stellar returns in 2025, driven by an acceleration in its growth. The ...

Western Digital Corporation (NASDAQ:WDC) is one of the Best Unstoppable Growth Stocks to Buy Right Now. Western Digital Corporation (NASDAQ:WDC) has gained more than 9% since the start of 2026. The stock was among the unstoppable technology stocks with 278% gains last year. On December 31, CEO of Grasso Global, Steve Grasso, appeared on a CNBC Television interview to discuss the company’s performance and whether Western Digital can sustain its gains. Grasso noted that the gains are impressive, and after t ...

Sandisk Corporation (NASDAQ:SNDK) is one of the hot tech stocks to invest in. On January 7, Bank of America raised the firm’s price target on SanDisk to $390 from $300 with a Buy rating on the shares. Following Nvidia CEO Jensen Huang’s presentation of the Vera Rubin platform at CES 2026, analysts have grown increasingly bullish on the role of NAND in AI infrastructure. The platform’s new Inference Context Memory Storage tier, powered by the BlueField-4 DPU, allows for significantly larger context window ...

Economic Indicators - The number of Americans filing for initial jobless claims rose by 8,000 to 208,000, compared to the expected 213,000 [1] - U.S. Q3 nonfarm productivity increased by 4.9% quarter-over-quarter, aligning with expectations, while unit labor costs fell by 1.9% quarter-over-quarter, which was weaker than the expected no change [1] - The U.S. trade deficit for October unexpectedly narrowed to $29.4 billion, significantly better than the expected $58.1 billion, marking the lowest monthly level since 2009 [1] - U.S. consumer credit rose by $4.23 billion in November, falling short of the expected $10.1 billion [1] Stock Market Performance - Wall Street's major indices closed mixed, with data storage companies like Seagate Technology and Western Digital experiencing declines of over 7% and 6% respectively [2] - Software stocks also retreated, with Datadog dropping over 7% and Autodesk slipping more than 5% [2] - Defense stocks saw gains after President Trump proposed increasing U.S. military spending to $1.5 trillion by 2027, with AeroVironment rising over 8% and Huntington Ingalls Industries gaining over 6% [2] Corporate News - Asml Holding rose more than 4% after HSBC raised its price target on the stock [10] - Rocket Companies and UWM Holdings advanced over 7% and 5% respectively in pre-market trading due to President Trump's plan to buy $200 billion in mortgage bonds [17] - Revolution Medicines surged over 15% in pre-market trading following reports of Merck's interest in acquiring the company [17] International Market Developments - The Euro Stoxx 50 Index increased by 0.93%, reaching a new record high, driven by strong fourth-quarter revenue from TSMC [9] - German exports unexpectedly fell by 2.5% month-over-month, while imports rose by 0.8% month-over-month [11] - Japan's Nikkei 225 Stock Index closed sharply higher, boosted by strong earnings from Fast Retailing and a weaker yen [13]

Sandisk Corporation (NASDAQ:SNDK) is one of the Best Unstoppable Growth Stocks to Buy Right Now. Sandisk Corporation (NASDAQ:SNDK) rose more than 17.8% on January 2. The improved sentiment is said to be driven by two main factors. Firstly, the price movement was linked to the broader AI sector rally on Friday, which included other data-center and AI infrastructure companies. As per a January 2 CNBC report, the rally was driven by investors piling into AI stocks as 2026 kicks off, amidst rising demand for ...

Seagate Technology Holdings plc (NASDAQ:STX) is one of the Best Unstoppable Growth Stocks to Buy Right Now. Seagate Technology Holdings plc (NASDAQ:STX) has risen more than 4.90% since the start of 2026. The recent gain marks the continuation of a more than 225% increase in the share price of the company in 2025. On January 5, Reuters reported that the shares of memory chip providers rose on January 2 as investors continued to bet on further price gains due to the increasing demand from AI infrastructure ...

The market’s focus this week will be on US economic news. On Friday, Dec nonfarm payrolls are expected to increase by +70,000, and the Dec unemployment rate is expected to slip by -0.1 to 4.5%. Also, Dec average hourly earnings are expected to be up by 0.3% m/m and 3.6% y/y. In addition, Oct housing starts are expected to increase by 1.8% m/m to 1.33 million, and Oct building permits are expected to rise by 1.5% m/m to 1.35 million. Finally, the University of Michigan's Jan consumer sentiment index is expec ...