The Trading Post | 02.04.26

February 04, 2026

Good morning,

Tech stocks rolled over as AI fatigue finally met valuation reality, gold and silver staged a generational reversal that wrecked late shorts, Chipotle warned the consumer is officially tapping out, Alphabet and Amazon take center stage for the AI monetization gut-check, and US-Iran tensions quietly lit the fuse under safe-haven trades.

Brandon Wendell is hosting a free class revealing how futures trading can give you more flexibility, require less capital, and help you trade on your own schedule—even with a full-time job. 

Let’s jump in.

Pre-Market Performance

As of 02.03.26 market close.

Market News

  • Tech stocks sell off as AI trade unwinds – S&P 500 slipped 0.8% and Nasdaq dumped 1.4% as investors rotated out of crowded growth trades; NVDA and MSFT both down more than 2%, software names led the damage. CNBC 

  • Gold and silver explode higher in historic reversal – Gold surged 6% (largest single‑day gain in 20 years) back above $5,000 while silver ripped 12% after last week’s liquidation cascade; JPMorgan now talking $6,300 gold. Finance Magnates 

  • Chipotle crashes on flat 2026 guidance – CMG sank 7% after hours after guiding for zero same‑store sales growth, confirming traffic erosion and consumer fatigue. Economic Times

  • Alphabet and Amazon earnings loom – Google reports Wednesday, Amazon Thursday, with AI monetization, cloud growth, and capex discipline all under the microscope. Yahoo Finance 

  • US‑Iran tensions simmer after drone shootdown – A US F‑35 downed an Iranian drone near the USS Abraham Lincoln, adding geopolitical tailwinds to commodities and defense. Reuters

A Message From Wealth Builders HQ

Trade Futures on Your Terms—Free Class with Brandon Wendell 

If you've ever felt stuck trading only during market hours, frustrated by account size limitations, or exhausted from being chained to your screen, this free training is for you. 

Brandon Wendell, CMT—a 20-year futures veteran and former hedge fund manager—is hosting The Emini Revolution, a complimentary class that reveals how futures trading can transform your approach to the markets. 

Inside this training, you'll discover: 

  • The Flexibility of Futures Trading – Trade outside regular market hours, whether you're a night owl or juggling a 9-to-5 

  • How to Grow a Smaller Account – Learn to leverage futures without tying up thousands in single positions 

  • Professional Risk Management – Discover how prioritizing protection leads to consistent, scalable results 

Brandon doesn't just teach theory—he trades these markets daily and has trained thousands of students worldwide. As a Chartered Market Technician® (a credential held by less than 1% of traders), he brings institutional-level insight to everyday traders. 

This class is perfect if you: 

  • Struggle to trade consistently due to time constraints 

  • Feel limited by your account size 

  • Want to learn spreads but they seem too complicated 

  • Jump from strategy to strategy without clear results 

Register now for The Emini Revolution and discover why futures may be the most overlooked opportunity for today's traders—offering you flexibility, lower barriers to entry, and a safer path to consistent results. 

Spots are limited, so reserve your free seat today. 

Earnings We’re Watching

  • Abbvie Inc. (ABBV) - Wednesday (BMO) 

  • Boston Scientific Corporation (BSX) - Wednesday (BMO) 

  • CME Group Inc (CME) - Wednesday (BMO) 

  • Eli Lilly & Co. (LLY) - Wednesday (BMO) 

  • Equifax Inc. (EFX) - Wednesday (BMO) 

  • Novo Nordisk AVS (NVO) - Wednesday (BMO) 

  • Phillips 66 (PSX) - Wednesday (BMO) 

  • Uber Technologies, Inc. (UBER) - Wednesday (BMO) 

  • UBS AG (UBS) - Wednesday (BMO) 

  • Yum! Brands, Inc. (YUM) - Wednesday (BMO) 

  • AFLAC, Inc. (AFL) - Wednesday (AMC) 

  • Allstate Corp. (ALL) - Wednesday (AMC) 

  • Google (GOOG) - Wednesday (AMC) 

  • McKesson Corp. (MCK) - Wednesday (AMC) 

  • Metlife Inc. (MET) - Wednesday (AMC) 

  • O’Reilly Automotive, Inc. (ORLY) - Wednesday (AMC) 

  • Qualcomm Incorporated (QCOM) - Wednesday (AMC) 

  • Snap Inc. (SNAP) - Wednesday (AMC) 

  • U-Haul Holding Company (UHAL) - Wednesday (AMC) 

Trade Ideas

Apple Inc (AAPL), Becton, Dickinson and Company (BDX), Cervana Co. (CVNA), DoorDash, Inc (DASH)

Dell Technologies Inc (DELL), Elevance Health Inc (ELV), Eaton Corporation (ETN),
General Electric Company (GE)

iShares Russell 2000 Index Fun (IWM), Lennar Corporation (LEN), Cheniere Energy, Inc (LNG),
3M Company (MMM)

NRG Energy, Inc (NRG), Natera, Inc (NTRA), GraniteShares 1.5x Long NVDA (NVDL),
NXP Semiconductors N.V. (NXPI)

TransMedics Group, Inc. (TMDX), Texas Instruments Incorporated (TXN), Union Pacific Corporation (UNP), Zscaler, Inc (ZS)

Want to learn how we trade these? Learn the setup we call the “High Volatility Switchback” trade.

Get these ideas delivered to your inbox daily with Trade With Rob. It’s 100% free. Sign up here.

Daily Moment of Zen

❝

Risk management is the most important thing to be well understood. Undertrade, undertrade, undertrade is my second piece of advice.

Ed Seykota

Why It Matters:

Every blown-up account starts with the same sentence: “It was a great setup, I just sized too big.” This quote isn’t about fear — it’s about longevity. Undertrading keeps you emotionally neutral, statistically alive, and mentally sharp enough to execute the next edge when it actually shows up. The market doesn’t pay extra for confidence or conviction; it only pays for survival and discipline. Trade smaller, stay boring, and let time — not bravado — do the heavy lifting.