S&P500 Flat For MONTHS! Breakout Coming, or Break Down?
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Hello traders and investors. Will back here with another one coming to you with a Tuesday market recap. Hopefully you guys had a very good day in the markets today that you had a beautiful longer weekend as well. And in today's action, well, the volatility and the market choppiness continues at this point in time. The SPY with a very volatile day starting off with a big big big red movement down here. The spy was down about 1% in the early hours of the morning and the QQQ much more than that. At one point this morning at the peak of the drop, it was down 1.5 before those two indexes closed roughly flat. The volatility has been playing a big part in a lot of these massive market swings. The VIX opened up the day close to 23 before ending down there at 20. And we know that this market environment is somewhat challenging. There's a massive rotation underway, which we've been talking about for a better part of the last two and a half weeks. And we've been talking about the number of catalysts that have been leading to this rotation. several fears around uh AI etc. the big tech spending in terms of their free cash flows towards more capex and obviously other concerns such as the unwinding of the Japanese carried trade the sheer amount of margin that retail investors have been carrying into 2026 the new Fed nominee in the name of Mr. Walsh which has sent a bit of turmoil in the markets in relation to some policies that he held about 10-15 years ago being somewhat hawkish for liquidity in the markets. So many different aspects we've been talking about for the past two weeks and the market has kind of had to move through all of these in unison as we keep seeing these rotations between various different sectors. So in today's video, we're going to once again recap everything and just paint a very clean picture of where the market is possibly heading into the near-term future and why we might have to expect a bit more volatility on the horizon. So speaking about today's video guys, very simple. We're not going to cover earnings today. Not that there's not any interesting companies. There are there was Palo Alto Networks, Cadence, and a couple more. Of course, we can largely see that most of the big earnings are out of the way. The biggest one for this week arguably will be Walmart. Walmart's been on a stellar stellar run to start off the year 2026. We will see if during their earnings are able to hold up those gains or if the stock has ran a little bit too much into those earnings overall. So, we won't be covering earnings today in favor of spending more time on the charts, more time doing sentiment analysis,