3 Assets to Watch: Jan 26-30, 2026
And just like that, we're already in the final week of January 2026 - and it's packed with tier-1 events:
Big Tech earnings
A winter blast across the US
and the ever-pivotal Fed rate decision.
We've already seen our fair share of trade setups fulfilled in the early weeks of this year.
Here's a brand new slate of 3 assets to watch this week (Jan 26-30):
1) SP500 to hit new record high?
At the time of writing, Bybit's SP500 - which tracks the benchmark S&P 500 stock index - is about 1.4% away from its all-time high when it briefly breached the 7,000 psychological level on Jan 13th.
Since then, it tumbled and found crucial support at the 6,800 big, round number.
Then, it rebounded to test its 21-day simple moving average (SMA) for critical resistance in recent sessions, even at the time of writing on this Monday, Jan 26th.
Key events to watch:
Jan 28: Fed rate decision and Chair Powell's press conference
Jan 29: Latest quarterly earnings announcement from Apple
The SP500 could reach a new record high if the Fed surprises markets with more clues about the next US rate cut, while Big Tech stocks can keep fuelling investors' excitement for the AI narrative.
However, the SP500 could be dragged below 6800 if the Fed pours cold water on the thought of incoming US rate cuts, while Big Tech feeds fears that AI exuberance may have run its course.
We'll share more details in the Daily Bits on Wednesday, Jan 28th.
2) Apple: not-so-magnificent?
Among the so-called "Magnificent 7" stocks, Apple (AAPL) has fared the worst so far in 2026, down 8.76% year-to-date.
Apple is set to unveil its latest quarterly results and earnings forecasts after US markets close on Thursday, January 29th.
Markets predict this stock could move 3.75% up/down after its earnings release.
If the iPhone maker is unable to shake off investor fears, especially surrounding soaring memory chip prices that could erode hardware margins, that could send Apple's shares to a 4-month low, potentially seeking support around its 200-day simple moving average (SMA).
3) Natural Gas (NG-C) to see huge pullback towards 50-day SMA?
Today (Monday, Jan 26), US natural gas prices (NG-C) soared to its highest prices since December 2022, soaring as much as 70% over the past week.
There's been an unprecedented demand for heating fuels amid the winter storm which has knocked out about 10% of US natural gas production.
ECONS 101: Higher demand for scarcer supplies = soaring prices.
If demand keeps soaring unabated, NG-C may even reach $6.
However, with the current futures contract set to end trading by Wed (Jan 28), we could see a massive pullback in the latter part of the week towards $4 or around its 50-day simple moving average (SMA).
In short, watch the weather channel.