QQQ Pushes Higher to End the Week
Richard Moglen
Stock Trader & Student of the Markets. I help traders improve their systems & performance at TraderLion & Deepvue
January 9, 2026
13 min read
Market Action
Strong push today. No ruling on Tariffs yet. Still mixed action but select individual names are performing well.
QQQ
Strong Push off the 21ema. Testing the gap fill area again. Overall a 2 month base.
IWM
New Highs
IBIT
Fade off highs back to the 21ema.
Trends 4/4 Up – based on the QQQ
Shortest – 10 Day EMA – Above
Short-term – 21 ema – Above
Intermediate term – 50 sma – Above
Longterm – 200 sma – Up – Above Rising
Current View: Developing Uptrend
Groups/Sectors
Deepvue Theme Tracker
Deepvue Leaders Heatmap
S&P Heatmap
Leadership Stocks & Analysis
TSLA
Nice follow through after the oops reversal
Goog
Nice action this week. Mostly a consolidation day today
AAPL
Consolidation Day. Upside Reversal
META
Follow through higher after the upside reversal. testing the 21ema. Still in this bottoming base.
AMZN
Strong action this week. Re-breakout
INTC
Strong pos ex breaker and re-breakout
PLTR
Think this is important to watch as an AI name but not "leading" by any means currently.
NVDA
Consolidation Day today. Sitting on the level.
MU
Strong trend above the 10ema
BE
Powerful move higher.
LLY
Some follow through lower after yesterday's very wide range day. Failed range breakout for now. Testing the 21
MSFT
Oops reversal. Still in the bottoming process
RKLB
Building a range sideways. Trending. Expect dips to the 10ema
SNDK
Very strong action. Trending
Key Moves
APLD
Strong Expansion higher. Pos ex breaker yesterday
KTOS
Strong continued expansion
Setups and Watchlist
TNK
Oil and Gas theme shipping. Watching for a range breakout
CUK
Watching for a range breakout
PONY
Watching for a range breakout
RKLB
Watching for a range breakout or pullback to the 10ema
DOCN
Watching for a range breakout
NAVN
Watching for a pivot reclaim
RIVN
Watching for a range re-breakout
LEU
Watching for a range breakout. could build out more
TSEM
Watching for a range breakout
Watchlist & Themes
Larger Watchlist
TNK
CUK
PNY
RKLB
DOCN
NAVN
RIVN
LEU
TSEM
NVDA
Daily Focus List
CUK
RIVN
NVDA
LEU
Additional Thoughts
Choppy but overall constructive week.