Stock Market Today With IBD Mixed Market To Start The New Year; Reddit, RTX, Comfort Systems In Focus
Jan 2, 2026
Mike Webster, a seasoned market strategist from Investor's Business Daily, joins Justin Nielsen to break down the mixed market performance as the new year begins. They discuss intraday behaviors of mega-cap tech versus smaller stocks, analyzing key players like Google and Apple. The conversation shifts to sectors underperforming, including software and retail, while also highlighting strengths in health and energy. They explore the technical setups for RTX and Reddit, plus the promising outlook for Comfort Systems amid industry shifts.
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Holiday Thinness Causes Whipsaw Trading
- The market opened with extreme intraday swings and finished mixed, showing big winners and losers across sectors.
- Mike Webster and Justin Nielsen warn not to over-interpret day-one moves after holiday-thinned participation.
Favor Confirmed Sector Breakouts
- Prefer sectors showing clear, sustained strength rather than fleeting intraday pop-and-drop moves.
- Focus on areas like aerospace, industrials, and solar where multiple names confirmed breakouts.
Trade Lightly Early In January
- Don't overcommit in early January; trade lighter and prefer small, shotgun buys to test setups.
- Use tight stops (e.g., today's low or 21-day) and avoid falling in love with positions during this chop.