Here’s what’s happening in the stock market today:
The stock market shows early weakness today with futures declining amid mixed bank earnings, rising geopolitical tensions in Iran, and upcoming U.S. economic data like import/export prices and jobless claims. Investors remain cautious due to President Trump's criticisms of Fed Chair Jerome Powell and potential Supreme Court rulings on tariffs. Gold and oil prices are surging, adding to volatility.
Major Indices 📊
Dow Jones futures down 0.2-0.3% around 49,287.
S&P 500 futures off 0.4% near 6,977.
Nasdaq 100 futures slide 0.5-0.6%, reflecting tech pressure.
Market Movers 🚀
Bank of America (BAC) up ~1% premarket after beating Q4 earnings expectations.
Wells Fargo (WFC) down 1-2% on revenue miss.
Citigroup (C) edges lower post-earnings.
Key Events 🗞️
Producer price index (PPI) for November due, alongside import/export prices and initial jobless claims at 8:30 AM ET.
Escalating Iran tensions boost gold/silver to records and oil higher; Trump cancels meetings with Iranian officials.
Trump attacks Powell as "grossly incompetent," raising Fed independence concerns; five Fed speakers today.
Investor Sentiment 👀
Traders eye bank results and data for Fed rate clues amid political risks from Trump policies and Iran. Volume stays subdued with focus on yields and inflation signals.
TRADE OF THE DAY:
BE
Name: Bloom Energy Corp
Symbol: BE
Current Price: ~$134.29
Trade
Sell to Open: 1 BE Jan 30, 2026 105/100 Put Vertical
Total Credit Received: $43.00
Credit per Contract: $43.00 (1 contract = 100 shares)
Direction: Bullish
Probability of Profit (PoP): 84.38%
Potential ROI:
Max Risk (Loss): $457.00
ROI: ($43.00 ÷ $457.00) × 100 ≈ 9.4%
Trade Explained in Simple English:
You’re selling a put credit spread by selling the 105 put and buying the 100 put, both expiring January 30, 2026. You collect $43 upfront, and the trade is profitable as long as BE stays above about $104.57 at expiration. Your maximum gain is limited to the $43 credit received, while your maximum loss is capped at $457 if the stock falls below $100. This is a bullish trade with clearly defined risk and reward.
Wall Street Highlights:
News Beyond the Numbers
U.S. Bancorp agreed to acquire financial services firm BTIG for up to $1 billion, including an initial $725 million payment in cash and stock plus potential earn-outs based on performance targets.
Read more.L3Harris Technologies plans to spin off its Missile Solutions business into a public company backed by a $1 billion convertible investment from the Department of Defense to boost production of critical missile systems.
Read more.Spotify co-founder Daniel Ek's Neko Health startup will launch its first U.S. location in New York City this spring, introducing advanced body-scanning technology focused on preventive health diagnostics.
Read more.The U.S. Supreme Court is expected to issue a decision today on the legality of President Trump's extensive tariffs imposed under the International Emergency Economic Powers Act.
Read more.Banks are preparing strategies to counter President Trump's proposal to cap credit card interest rates at 10%, warning of major impacts on consumers and the financial industry.
Read more.
Disclaimer: The content provided by OptionPicks is for informational and educational purposes only and should not be construed as investment, financial, legal, or tax advice. We are not registered as a broker-dealer, investment adviser, or financial advisor with the SEC, FINRA, or any other regulatory authority. Options trading involves substantial risk and is not suitable for every investor. Past performance is not indicative of future results, and no representation is being made that any subscriber will or is likely to achieve profits or incur losses similar to those mentioned. You should consult with a licensed financial professional before making any investment decisions.
