Stock Market Outlook for January 9, 2026
Resolution of the tight consolidation range in the bond market will be critical to stocks following event related catalysts in the days ahead.
*** Stocks highlighted are for information purposes only and should not be considered as advice to purchase or to sell mentioned securities. As always, the use of technical and fundamental analysis is encouraged in order to fine tune entry and exit points to average seasonal trends.
Stocks Entering Period of Seasonal Strength Today:
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CompoSecure, Inc. (NYSE:CMPO) Seasonal Chart
Park Aerospace Corp. (NYSE:PKE) Seasonal Chart
Spire Inc. (NYSE:SR) Seasonal Chart
Interface, Inc. (NASD:TILE) Seasonal Chart
Corporate Office Properties Trust, LP (NYSE:CDP) Seasonal Chart
Disclaimer: Comments and opinions offered in this report are for information only. They should not be considered as advice to purchase or to sell mentioned securities. Data offered is believed to be accurate, but is not guaranteed.
The Markets
Stocks closed mixed on Thursday as pro-cyclical sectors (Energy, Materials, and Industrials) recovered from Wednesday’s reversals, while weakness spilled back into the Technology sector. The large-cap benchmark closed with a gain of a mere basis point (0.01%), remaining above horizontal resistance presented by the prior 52-week closing highs around 6900. End of October gap resistance continues to form new found support around 6830 and, until it is broken, playing on the long-side of this market remains appropriate. A narrowing range continues to be highlighted on the short-term chart, reaction to the upper limit of which played out on Wednesday; the lower limit can be pegged at 6875, presenting a near-term downside risk level. Ultimately, however, the narrowing span points to a culmination around the 7000 level, a psychologically important level that is presently acting as a draw. In the Seasonal Advantage Portfolio that we oversee at Castlemoore, we remain fully invested in the equity market and the themes in our chart books to either Accumulate or Avoid have been capturing the strength that has leached into the market from the November 20th lows.
Today, in our Market Outlook to subscribers, we discuss the following:
- Market Tone & Technical Structure
- Sector Leadership: Cyclicals vs. Technology
- Jobless Claims: Stable, Not Signaling Recession
- Payrolls: A Key Near-Term Catalyst and What to Expect from the December report
- Rates/Bonds & Event Risk
- An Under-the-Radar Opportunity
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Sentiment on Thursday, as gauged by the put-call ratio, ended bullish at 0.83.
Seasonal charts of companies reporting earnings today:
- No significant earnings scheduled for today.
S&P 500 Index
TSE Composite
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