Preview of the Week Ahead
W/C Jan 26, 2026
Hope you all are having a good weekend. Below we will be previewing the upcoming week and providing a portfolio update as usual.
Format for what is covered in this weekly preview:
A look at the indices
Key upcoming economic events
Upcoming earnings reports
Charts
Notable portfolio changes from the previous week
Current Portfolio Holdings (Position size, cost basis, and commentary on each holding regarding the intended holding period and any planned activity)
Closing Thoughts
I highly recommend checking out the latest Monthly Portfolio and Performance Update (TWR +400% since Jan ‘23), as well as my post below covering the stocks and setups I like heading into 2026.
For all readers a reminder that taking on board the feedback from the Six Sigma Research poll, I have extended a one time discount on the annual membership which expires on the 6th of Feb.
This saves approximately 30% compared to the monthly rate and is more than 45% cheaper than the Substack app price. Access below:
Indices
Dow Jones declined 0.84% in the last week
S&P 500 declined 0.69% in the last week
Nasdaq Composite declined 0.61% in the last week
IWM declined 0.21% in the last week
Key upcoming economic events:
Monday, January 26
Durable Goods Orders (8:30 AM ET)
Core Durable Goods (8:30 AM ET)
Dallas Fed Trimmed Mean PCE
Atlanta Fed GDPNow
Tuesday, January 27
FOMC Meeting Begins
CB Consumer Confidence (10:00 AM ET)
State Employment Data (10:00 AM ET)
Wednesday, January 28
FOMC Interest Rate Decision (2:00 PM ET)
Fed Chair Press Conference (2:30 PM ET)
Annual Weekly Earnings (10:00 AM ET)
Thursday, January 29
Revised Productivity and Costs (8:30 AM ET)
Weekly Initial Jobless Claims (8:30 AM ET)
Friday, January 30
Producer Price Index (PPI) (8:30 AM ET)
Consumer Credit (3:00 PM ET)
Upcoming Earnings
This week has many notable companies reporting including Apple, ASML, Meta and MSFT. Below is the infographic by Earnings Whispers:
Charts
SPX
Currently trades at 6915.61, 1.13% above a rising 50SMA and 8.27% above the 200SMA.
RSI 52.82
+0.83% YTD
Distribution days in the last week: 1
Whilst the SPX did briefly fall below the SMA 50, it ends the week above all key MA’s.
COMPQ
Currently trades at 23,501.24 1.00% above a rising 50SMA and 10.4% above the 200SMA.
RSI 52.51
1.14% YTD
Distribution days in the last week: 1
The Nasdaq Composite remains range bound since October but like the SPX, it did end the week above all key moving averages.
BTC (currently Long)
Currently trades at $87,539.12, 2.8% below the 50SMA and 16.62% below the 200SMA.
RSI 39.68
-1.34% YTD.
BTC is down ~5k since this time last week and as of Sunday evening it remains below all key moving averages. I would like to see it reclaim the EMA 20 and SMA 50, and then surpass the 94.5k level. I expect this will take time given the overhead supply.
BABA (currently Long)
Currently trades at $173.23 10.21% above the 50SMA and 24.26% above the 200SMA.
RSI 61.37 (daily chart)
+11.23% YTD
In recent weeks, BABA held exactly where it needed to and was consolidating with price compression above the 145 breakout level. This week there was clean action with a break out of a descending wedge on volume, even if we did end the week with a red day. The move was in part due to the news that Alibaba plans to spin out their chipmaking unit T-Head.
We reached the 180 level but I do feel BABA has room to run much further in coming weeks. Mid 190’s next?
IREN (No position)
Currently trades at $56.68, 23.63% above the 50SMA and 86.36% above the SMA 200.
RSI 62.68
+32.74% YTD
I’ve been featuring IREN since the turn of the year and it’s had a stellar start, rallying nearly 33% YTD.
Last week I had stated: “IREN had a strong trading week, up over 25% and is currently holding above all key moving averages. Bulls are looking for continuation this week, though any low-volume pullbacks to the high 40s could be buyable”
IREN did in fact pull-back to the high 40’s to test the EMA 21, though I did not get in.
I have been watching and studying the miners/AI infra plays for several months now and in terms of price action IREN continues to lead the way. Notably it ended the week up 8% on Friday on huge volume. Maybe there is an impending deal soon?
META (Currently Long)
Currently trades at $658.76, 3.02% above the 50SMA and 2.67% below the SMA 200.
RSI 56.42
+1.28% YTD
META ended the week strongly after some weakness earlier in the week. Meta reports earnings on the 28th of January and given the technical set-up the overhead SMA 200, currently 676, may serve as resistance. If we trade up to those levels, I may consider a small trim.
UAMY (exited Friday)
Currently trades at $10.85, 63% above the 50SMA and 104.99% above the 200SMA.
RSI 60.32
+82.97% YTD
UAMY (US Antimony Corp) is the only fully integrated antimony producer and smelter in North America. The bull case for this stock is built on the U.S. government’s continued prioritisation of domestic mineral independence.
I have continued to featured this stock since the beginning of the start of the year, and I’ve traded in and out of the position capturing around 60% of the move since the 5’s. I traded it again this week from the high 8’s to 11.03 and currently out.
I stated last week “given the ongoing “critical minerals war,” I believe $UAMY still has upside if one can get a good entry. The chart is setting up nicely with strong volume and a bullish moving average crossover. For those looking for a new entry, I feel it’s best to wait for a retest of the 10 or 20 EMA. Watching closely”
I felt like mid 11’s is where this stock could pause but with the weekend announcement of the US Government investing in USAR, UAMY is firmly back on the watchlist for me. A shallow pullback to the 5EMA may be an entry.
Notable portfolio changes in previous week (all updated live in subscriber channels):
2 new software positions:
Note that I have separated my accounts: my main Investment Account is shown below, alongside a separate, smaller Trading Portfolio. Read this post for more details.
Current Positions in Size Order with Cost Basis:
Cash: 14.3% (Pounds Sterling)