• Current read is 58 on the fear greed index vs 52 last week.

• Market Fearful = Potential Opportunity/Deals. (consider buy calls/sell puts/buy shares)

• Market Greedy = Potential Over Valuation. (consider buy puts/sell shares/take on less risk)

• I like to be bullish when there is extreme fear

• I like to be bearish when extreme greed.

• Opportunity is out there, just gotta find it!

• 30 year fixed mortgage rate increased to 6.08% Today, vs 6.04% last Sunday.

• 10 year treasury bond yield flat at 4.23% Today, vs 4.23% last Sunday.

• 2 year treasury bond yield fell to 3.51% Today, vs 3.59% last Sunday.

• Not much action this week with bonds!

• As I always say, interest rates are gravity!

• As interest rates/bond yields DECREASE, stocks become MORE attractive because bond yields go DOWN which makes the risk free bond look LESS attractive.

Let’s Break It Down:

Upcoming Week Market Outlook | Week of Monday, February 2nd

The Overall Picture

Going into this week, my overall view is that the market is roughly 15% overvalued, and 2026 is likely to be a year of elevated volatility.

We just came off back to back to back years of roughly 20% market returns, which is extremely untypical. When markets run that hot for multiple years in a row, it is very common for the following years to take a breather. The reason is simple.

Stock prices ultimately follow earnings per share over the long term. When stock prices rise faster than earnings per share, valuations expand. When valuations expand too far, markets tend to correct back toward their long term averages through mean reversion.

So far, Q4 earnings have been strong, and guidance has also come in strong. As long as earnings per share continues to grow, the market can stay supported even with higher valuations.

However, if we get any sustained signs of earnings slowing, inflation reaccelerating, or the labor market cracking, that is where risk increases.

With Kevin Warsh now as the new Federal Reserve Chairman nominee, a slowdown in earnings or sticky inflation would likely mean a more hawkish Fed and rates staying higher for longer. Higher interest rates put pressure on stock valuations, especially when those rates remain elevated for an extended period of time.

Crypto, gold, and silver have ben VERY volatile & I do not play games speculating with that.

That is the macro backdrop heading into this week.

Monday February 2

Disney earnings:
I will be watching Disney closely as a proxy for the overall economy and consumer spending. Disney touches travel, entertainment, parks, and discretionary income, which makes it a useful economic gauge.

Palantir earnings:
Palantir will give us another read on overall AI demand and government spending. While I personally believe Palantir is far too expensive from a valuation standpoint for me to ever touch, hearing Alex Karp’s commentary on AI will still be very valuable.

Tuesday February 3

Job openings and ISM services
These reports will help us better understand labor demand and services sector momentum.

PayPal earnings:
PayPal, in my opinion, remains a value trap. I will still review the numbers, but structurally I do not see a compelling long term edge here.

AMD earnings:
This is one of the more important reports of the week. AMD will give us insight into AI demand, data center spending, and overall chip demand. This also helps set expectations for NVIDIA and companies like Super Micro that build the racks and cooling infrastructure for data centers.

Chipotle earnings
Chipotle reports as well, but I am not a net buyer here. I do not believe Chipotle has a true moat, and competition remains intense.

Wednesday February 4

ADP employment report
This will give us another look at the labor market and job creation trends.

Novo Nordisk earnings:
Novo could be interesting, but the presence of Eli Lilly as such a strong competitor makes it difficult to buy Novo when it is effectively viewed as second place.

Uber earnings
I will be paying close attention to Uber’s self driving initiatives and how management frames future competition, especially relative to Tesla. While I do believe Tesla remains years ahead, Uber’s positioning is still worth monitoring.

Google earnings
This report will be important for understanding how Google is navigating AI and whether its search moat remains intact as competition increases.

Qualcomm earnings
Qualcomm recently announced a new AI focused chip, so progress and adoption here will be something to watch closely.

Thursday February 5

Initial and continued jobless claims
Initial claims show how many people are newly unemployed. Continued claims show how long people are staying unemployed. If continued claims begin stacking up, that signals people are struggling to find new jobs.

Amazon earnings
Amazon reports this day as well, which will give us insight into consumer spending, cloud demand, and margins.

Iren earnings
This is a popular one and we will see their progress to help with Ai data center buildouts.

Strategy earnings
Strategy also reports & we will see what they have to say about the volatility in Bitcoin.

I will also be in New York at the New York Stock Exchange, including a tour and being present for the closing bell, which should be a very cool experience. I will be sharing footage from that.

Friday February 6

Jobs report
This is the most important macro report of the week. The economy is currently facing concerns around job creation and AI driven displacement. This report will help clarify where the labor market really stands.

Final Thoughts

We are deep into Q4 earnings season, and I will be breaking everything down in real time inside Discord, continuing to look for opportunities while keeping risk and ratios in check.

Given current valuation levels, I expect volatility to remain elevated, but investors with a longer term time horizon should still do very well.

This is exactly why I focus on long dated option contracts, buying calls and selling portfolio secured puts, not cash secured puts. Time and flexibility matter most in environments like this. Keep ratios & emotions in check!

I will see you all next week.

As always, I am rooting for you and want nothing but wealth & health for you & your family!

-Brandon

10 DAYS IS WHAT’S STANDING BETWEEN YOU & A CLEAR PATH TO FINANCIAL FREEDOM.

• If you get value from my content, you'll love my 10 Day Stock & Options Transformation Training.

• Over the course of 10 days of training (you can finish faster if you want), you'll learn exactly how you can scale your portfolio to millions with Stocks & Options in a low risk way & get access to my mastermind Discord community.

• This is the exact same system I have used for the last decade & scaled to millions with tens of thousands in monthly cash flow.

• No day trading.

• No swing trading.

• No BS.

• Just stocks & options the right way.