Next Day Prep: AI Infrastructure Seagate’s Explosive Surge
A quick analysis of today’s market outlook and key trading opportunities to start your day.
Intro & Market Mood
Welcome to Next Day Prep – What We Are Watching Tomorrow! I’m your host, breaking down the action from Wednesday, January 28th, 2026. Markets appeared calm on the surface, yet significant movements occurred beneath the surface.
Overnight Headlines
- S&P 500 and Dow remained flat, with the Nasdaq edging a 0.2% gain.
- Focus on semiconductor and storage sectors where substantial movement was observed.
Economic Announcements
- The FOMC meeting resulted in expected rate status, indicating comfort in market stability.
- The 10-year yield saw a minimal increase, reflecting market confidence.
Earnings Highlights
- Seagate Technology (STX) surged over 19% following a strong quarter driven by AI infrastructure demands.
- Western Digital (WDC) remains in focus for a potential sympathy play.
- Intel (INTC) saw an 11% increase spurred by industry-shifting rumors.
Top Movers
- Stocks: Keep an eye on Microsoft, Tesla, and Meta post-earnings.
- Sectors: Defense and Energy showing notable activity.
Quick Trade Ideas
- Defense Sector: Watch Kratos Defense (KTOS) and Northrop Grumman (NOC).
- Commodities: Monitor Gold and Crude Oil movements.
Key Takeaway
Stay adaptable to market shifts post-earnings season. Consider stock-specific movements for trading decisions. Maintain vigilance on major sector rotations amidst low volatility.
That’s a wrap for today’s session. Good luck out there, traders! Catch you in the next session!