Mixed Action. Choppy
Richard Moglen
Stock Trader & Student of the Markets. I help traders improve their systems & performance at TraderLion & Deepvue
January 8, 2026
14 min read
Market Action
Some mixed action & rotation today as large caps overall pulled in. Smaller caps continue to lead. Several key names did have strong upside reversals & undercut and rallies. Overall still choppy.
QQQ
Follow through down after the fade before bouncing off the 21ema. Overall choppy action under this unfilled gap
IWM
Continues to lead. Reconfirmation up
IBIT
Oops reversal reclaiming the 21ema. Today's low is key to hold
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
Oil, Construction, Retail
DV Leaders heatmap
S&P
Leadership Stocks & Analysis
TSLA
Below the MAs. Upside reversal at a key level. Today's low needs to hold
GOOG
Choppy but follow through
AAPL
Extension down. below the MAs. Potential for a trend reversal and rally to the declining mas IF it follows through
META
Upside reversal and undercut of a key level
AMZN
Follow through up
INTC
Sharp pull in (still inside) However this was straight off the bottom. Constructive if it can tighten here and form a handle
PLTR
Reversal lower, below the 21ema
NVDA
Break below the range and 21ema. Ideally snaps back
MU
Expansion down from the tight day. Trending. May be due for a pause
BE
Gap up to the key level up the right side. Would need to tighten to set a low risk entry
FSLR
No follow through lower and reclaim of the level
MSFT
Gap down and meh day. Still forming the base lows. Needs to reclaim the 21
RKLB
Downside reversal at highs. Trending.
SNDK
Nice recovery off lows
Key Moves
KTOS
Expansion from aero names but many are short term extended
OUST
Pop higher
Setups and Watchlist
HUT
Forming a high handle/range. Would prefer a shakeout below the pivot.
PONY
Recent AI IPO, Watching for a range breakout. Fast mover
SYM
Watching for a range breakout. Could consolidate a bit more
BBNX
Watching for a base breakout
RIVN
Fade back into the range. Watching for a range re-breakout
IREN
Watching for a bottoming base breakout. Has overhead supply to work through
Watchlist & Themes
Larger Watchlist
HUT
PONY
SYM
BBNX
IREN
RIVN
TSLA
Daily Focus List
HUT
SYM
RIVN
IREN
Universe List
AAPL
ALAB
AMD
AMZN
APLD
ARM
BABA
BE
BKKT
CCJ
CLSK
CRDO
CRS
DELL
FIX
FLS
FSLR
GGAL
GOOG
GOOGL
GRAL
HOOD
HUT
INSM
INTC
LEU
LMND
MELI
META
MSFT
MU
NBIS
NET
NIO
NVDA
OPEN
PATH
PLTR
QCOM
RGTI
RKLB
RMBS
SHOP
SNDK
SNOW
SOUN
STNG
STRL
STUB
TAC
TEM
TER
TWLO
VRT
MDGL
RIVN
SEDG
TDC
VCYT
U
QLYS
NXT
DDOG
METC
TXG
ASTS
CRWD
FLY
CSIQ
RDDT
ANF
BTU
FROG
LRCX
LUMN
REAL
UPWK
VICR
SANM
INOD
GSAT
JAZZ
APPN
COLL
ESTA
SMTC
DOCN
TSLA
DY
GEV
WGS
AMTM
EGO
KSS
FLNC
CIFR
AEIS
BKV
LSCC
EOSE
PL
TVTX
PARR
SEI
LLY
HCC
CLS
TTAN
HOUS
RGEN
MDB
GEMI
YOU
HNGE
TARS
COCO
GH
NTRA
LLY
Recent Gaps
AKAM
AMD
AMGN
AMZN
ANF
APPN
BBAI
BE
CAH
COHR
CRS
DDOG
DOCN
DY
EXPE
FLS
FROG
GCT
GGAL
GH
GTX
HAE
HCC
ILMN
INTC
ISRG
LC
LMND
MEDP
NET
OPEN
PAM
PBF
PEGA
PGNY
PLNT
QCOM
QLYS
RDDT
RIVN
ROK
SANM
SITM
SLDP
TDC
TWLO
TXG
U
VCYT
VIAV
VICR
VIST
XMTR
YPF
AEO
FROG
CRDO
MDB
CRDO
AEO
PATH
PL
PLAB
MSOS
TLRY
PL
MU
RCL
CUK
Additional Thoughts
Some mixed action and not seeing too much extremely actionable names. Space theme which was strongest down today. Rotation into oil names.