Skip to main content
Back to News
📈 Stockssp500 Neutral

S&P 500 Hits 7,000 Then Stalls: Tech Flat, Energy Outperforms

Strykr AI
··1 min read
S&P 500 Hits 7,000 Then Stalls: Tech Flat, Energy Outperforms
60
Score
45
Moderate
Medium
Risk

Strykr Analysis

Neutral

Strykr Pulse 58/100. Record highs met with technical fatigue and cautious positioning. Threat Level 3/5. Watch for momentum cracks or rebound triggers.

The S&P 500 flirted with the 7,000 milestone this week before a reality check knocked it back 0.56% from its all-time high. The market’s momentum is waning, technical cracks are appearing, and the late-week liquidation in metals spilled into stocks.

Tech stocks remain stubbornly flat at $XLK $143.9, showing no follow-through despite the index’s record highs. Energy outperformed but failed to ignite a broad rally. The Fed’s steady rate stance is a double-edged sword, keeping the market on edge as traders digest the balance sheet downsizing plans from Kevin Warsh’s nomination.

Strykr Pulse 58/100 captures the cautious optimism with a side of fatigue. The market is consolidating, not collapsing. Watch the $SPY for a test of support near $590. This is a classic setup for a tactical dip buy or a tactical fade if momentum breaks down further.

Sources (5)

The Big Friday Liquidation: Gold, Silver And Stocks All Sold

Silver experienced a systemic, algorithm-driven liquidation, with the AGQ ETF plunging 65% in a single session—this was not fundamentals-driven. Preci

seekingalpha.com·Feb 1

S&P 500 Snapshot: 7,000 Milestone Met With Late-Week Reality Check

The S&P 500 reached a new record high this week, even momentarily surpassing 7,000 for the first time. The index is now 0.56% off its all-time high fr

seekingalpha.com·Feb 1

The 1-Minute Market Report, January 31, 2026

The S&P 500 hit another all-time high but showed signs of fatigue, with momentum waning and technical cracks emerging. Energy outperformed, while gold

seekingalpha.com·Jan 31

Kevin Warsh's nomination to Fed is one of Trump's smartest moves— and a partnership he needs to make work

Warsh will thread the needle, lowering short-term rates while he downsizes the Fed's massive balance sheet.

nypost.com·Jan 31

Stocks care about nominal numbers like earnings

Why stocks "care" about nominal GDP. More Stocks in Translation: https://youtu.be/NyDTEiB40ZA

youtube.com·Jan 31
#sp500#tech-stocks#energy-sector#fed-nomination#market-momentum
Get Real-Time Alerts

Related Articles

S&P 500 Hits 7,000 Then Stalls: Tech Flat, Energy Outperforms | Strykr | Strykr