Shakeout? Bounce off lows.
Richard Moglen
Stock Trader & Student of the Markets. I help traders improve their systems & performance at TraderLion & Deepvue
February 2, 2026
14 min read
Market Action
Very mixed market. Megacaps and lots of tech software looks weak but there are pockets of strength. AI data centers pick and shovel plays, energy, oil, construction, metals are among the current leading themes.
A selective market currently. After today we want to see the market hold and follow through higher.
QQQ
Downside reversal off the 21ema but a decent close off lows. Needs to pop through
IWM
Drop to the 21ema and bounce
IBIT
Leaking lower, but upside reversal action
1/4 Up. Current View: Correction, rally attempt in progress.
Groups/Sectors
Deepvue Theme Tracker
DV Leaders Heatmap
S&P Heatmap
Capital markets, banks down
RRG
Leadership Stocks & Analysis
TSLA
Hesitation bar at the 21ema. Key spot
GOOG
Break lower, below the MAs
AAPL
Fade off highs
META
Upside reversal. Key spot
AMZN
Follow through down
INTC
Tight day. Range on the 21ema. Expecting expansion
NVDA
Slight downside reversal
MU
Pop higher
BE
Drop off the open, good close. Needs to follow through up
LLY
Follow through lower
MSFT
Break lower
RKLB
Break below the 50sma
SNDK
Pos ex breaker
PL
Reversal down off the 21ema area
PAAS
Gap up, slight downside reversal
XOM
Gap up, odds increasing of a pullback
HAL
Pos ex breaker, at a key level.
Key Moves
SOLS
Earnings gap and go
GNRC
Earnings Gap and Go
GFS
Earnings gap and go
VRT
Earnings gap and go. Strong guidance
Setups and Watchlist
AA
Watching for reconfirmation. Ideally we get an inside bar first
APLD
Watching for a base breakout. Fast mover
ATRO
Watching for follow through up. Space theme leaders did take hits today so aware of some theme weakness.
CUK
Watching for a range breakout
ENPH
Watching for a positive expectation breaker
FTAI
Watching for a range breakout. Same story as ATRO
SN
Watching for a day 2 entry.
KRYS
Watching for a range breakout
LBRT
Watching for a range breakout
CRWV
Watching for a range breakout
VICR
Watching for a range re-breakout
VIST
Watching for a range breakout
NXT
Watching for a range breakout
BLSH
Watching for a range breakout. More just watching this to study IPOs
Watchlist & Themes
Larger List
BE
AA
APLD
ATRO
CUK
ENPH
FTAI
SN
KRYS
LBRT
CRWV
VICR
VIST
NXT
BLSH
Daily Focus list
BE
NXT
APLD
FTAI
Universe List
AA
BLLN
AEM
AMAT
AMD
AMKR
ANAB
APLD
ARWR
ASML
ASTS
ATRO
AXGN
AXSM
AXTI
BABA
BE
BIDU
BILL
CTRI
SPHR
BTU
KRMN
CCJ
CIFR
COHU
COMP
ARM
CRK
CRWD
CSIQ
CUK
CVNA
DDOG
DOCN
DVA
DY
EGO
ENPH
ENTG
EOSE
SNDK
FLNC
FLS
FORM
FROG
FTAI
GFS
GH
GILD
GLW
GOOG
GSAT
HAS
FIGR
HL
FTRE
HP
HUT
IBRX
ICHR
COHR
INOD
INTC
LUNR
IREN
SN
JBLU
GRAL
KLAC
KLIC
KRYS
KTOS
LBRT
LEU
LITE
LMND
LRCX
MAS
MCK
META
METC
MOD
MRCY
MRNA
MU
NEM
NET
CRWV
NTRA
NVDA
NVST
ONTO
PAAS
PBF
ALAB
PL
PLAB
GEV
POWL
PRIM
QGEN
RDW
CHYM
RGEN
RKLB
SATS
SCCO
SITM
SKYT
SNDX
SEI
SSRM
STNE
STX
TDC
TER
TEVA
TSEM
TSLA
TTMI
TXG
UCTT
VICR
VIST
VRDN
VRT
VSCO
WRBY
WULF
XPO
NBIS
ZIM
VOYG
NAVN
NXT
BLSH
LGN
STUB
SOLS
FLY
Q
Recent Gaps
AEIS
AGX
ASML
BE
BILL
DOCN
DVA
DY
ENPH
ENTG
SNDK
GFS
GLW
GNRC
HAS
ICHR
JBLU
LBRT
MAS
MCK
HNGE
MOD
NVST
ALAB
PL
PLAB
SGML
QXO
TDC
TER
TTMI
VRT
WULF
XPO
NXT
SOLS
Additional Thoughts
Not too much of intense interest. See if the AI pick and shovel plays can follow through.