Market Review for Feb 2nd 2026
Shared by Stephen
โข February 03, 2026
Hi there,
๐ Active Trade Tracker
-
US 500: +2.46 - We are waiting patiently to place our next trade.
-
TLT (Bonds): +0.35% (Target: 1.00%) | Steady support
๐ Long-Term Buy Watchlist Update
-
Watchlist Changes: We are removing AMD, ANET, and CCL from our watchlist as their recent price jumps moved them beyond our entry criteria. We are replacing them with NVDA.
-
Current Watchlist: NVDA, CRM, ORCL, PYPL.
-
NVDA Update: We are getting close to buying NVDA, but we are exercising caution as it pulled back slightly yesterday.
-
Waiting Room: For CRM, PYPL, and ORCL, we are staying patient and waiting for them to stop making lower lows and show signs of consolidation before we move.
-
DELL Update: DELL continues to consolidate above its recent downtrend. It has held its breakout levels remarkably well, and we will most likely buy the stock this week.
๐ Portfolio Spotlight: Alphabet (GOOGL)
Alphabet hit a new all-time high of $343.69 yesterday and is now up 125% since our purchase last May.
-
The Strategy: We are continuing to hold. Earnings are tomorrow, Wednesday, February 4.
-
Note: We are not buyers at these record levels. We will hold the stock for the long term but not add further to existing positions.
๐
Market Review for Monday, February 2, 2026
Overview: Positive ISM Manufacturing data (52.6%) showed the U.S. economy remains in growth territory, cooling fears of a hard landing. While tech was splitโwith Micron surging and Nvidia dippingโthe broader market found its footing as the "everything sell-off" in metals took a breather.
๐๏ธ FX & Crypto Review
-
EUR/USD: Rose to 1.1883 as the Dollar Index (DXY) faced slight pressure.
-
Bitcoin (BTC): Struggled to reclaim $80,000 after a volatile weekend, currently hovering near $79,500.
-
XRP: Remained resilient, trading near $1.85.
๐ Major Indices & Commodities
-
S&P 500: Gained +0.54%, closing at 6,976.44.
-
Nasdaq Composite: Rose +0.56%, finishing at 23,592.11.
-
Dow Jones Industrial Average: Jumped +1.05% (+515 points), closing at 49,407.66.
-
Gold: Settled lower at $4,652 per ounce after a wild overnight swing.
-
Silver: Stabilized near $80.50 after massive recent volatility.
-
WTI Crude Oil: Dropped -4.5% to $62.20 on signs of easing Middle East tensions.
๐๏ธ The Golden Ticket Referral (Exclusive Extension)
Success is better shared. Because we value customer loyalty above all else, we want to give your friends a head start that isn't available to the general public.
Normally, we offer a 1-week trial. However, because they are referred by a member like you, we are increasing their Free Trial from 1 week to 4 weeks (a โฌ99 value) on the Pro Plan.
Note: This extended 4-week trial is exclusive to referrals. It is our way of rewarding the community and ensuring your friends have enough time to see the results of our high-probability trades.
-
For Them: 4 Weeks of Pro Mentoring for FREE (No credit card required).
-
For You: โฌ99 OFF your next renewal once they join.
๐ https://buy.stripe.com/6oEcNid72fNIeJydQZ
๐ Strategy Call Assistance
If you require assistance with trade setup, risk management, or strategy review, please schedule a strategy call.
-
PREMIUM Plan Members: Strategy calls are included in your plan.
-
All Other Members: Strategy calls can be scheduled at a rate of โฌ100 per half hour.
Happy Investing
Share Navigator Support
www.sharenavigator.ie