Morning Dose: Oil Drama Propels Energy Stocks
A quick analysis of today’s market outlook and key trading opportunities to start your day.
Intro & Market Mood
Welcome to The Morning Dose – Everything You Need to Know Before the Market Opens. It’s Wednesday, January 7th, 2026. The news cycle is buzzing with headlines about Venezuela, Greenland, and chip shortages. Today’s market seems to be taking a breath after hitting record highs.
Overnight Headlines
- Venezuela: Geopolitical tensions rise as President Trump discusses a potential influx of oil from Venezuela to the U.S.
- Greenland: Speculation around the potential purchase of Greenland creates market noise but could impact volatility.
- Samsung & Memory Chip Shortages: Samsung anticipates memory chip supply shortages, which could lead to higher electronics prices, benefiting chipmakers.
Economic Announcements
Key data releases today include the ADP Employment Change and upcoming reports like the ISM Non-Manufacturing Index and the JOLTS job openings report, which could influence market sentiment and bond yields.
Earnings Highlights
- VTYX: Surges over 67% pre-market.
- APOG: Faces a significant decline after missing revenue estimates and providing weak guidance.
Top Movers
Warner Bros Discovery: Board recommends shareholders reject an amended tender offer, leading to slight stock decline.
Quick Trade Ideas
- Consumer Staples Upgrades: McDonald’s and Lowe’s receive positive analyst upgrades.
- Footwear Downgrades: Crocs and Deckers get downgraded by Robert W. Baird.
Key Takeaway
The market sentiment remains cautiously bullish. Keep an eye on the QQQ support at 620. Consider dip buys in Semis and Materials, but stand aside if support breaks.
Stay alert and trade wisely. Happy trading, everyone!