January 17, 2026 Weekend ETF Update: Stocks Still Bullish, Bonds Softening
Hey everyone, Joe here with the latest technical scan results based on Friday’s close (January 16, 2026). Markets are closed Monday for the holiday, so this should carry us through the long weekend. I’ll post a fresh update Wednesday, January 21 after Tuesday’s action is in the books.
As always, this is just my personal hobby analysis using a bunch of classic indicators (MACD, RSI, Stochastic, moving averages, etc.). Not advice — just what the numbers are showing me right now.
Quick Takeaway
Equities remain broadly positive, especially over the 15- to 30-day horizons. Small caps (IWM), tech (QQQ), and the S&P 500 (SPY) continue to show the cleanest buy signals. Bonds (BND) are starting to lean sell longer-term, suggesting caution there. Gold and energy have some nice pockets of strength, while homebuilders are weak short-term.
Consensus Signals Table
| ETF | Short (5-10 days) | Medium (15-20 days) | Long (25-30 days) | Notes (Historical Accuracy) |
|---|---|---|---|---|
| SPY (S&P 500) | Buy | Buy | Buy | Very consistent (83-87% historical) |
| QQQ (Nasdaq) | Buy | Buy | Buy | Clean buys across the board (80-86% historical) |
| IWM (Small Caps) | Buy | Buy | Buy | One of the strongest signals (84-87% historical) |
| DIA (Dow) | Mixed | Buy | Mixed | Clear buy in 15-20 day window |
| BND (Bonds) | Buy (short) | Mixed | Sell | Longer-term caution emerging |
| GLD (Gold) | Buy | Mixed | Buy (25d) | Mid-range strength |
| XBI (Biotech) | Mixed | Buy | Buy | Solid past 20 days (84-86% historical) |
| XES (Energy) | Buy | Mixed | Buy | Good longer-term upside |
| KBE (Banks) | Mixed | Buy | Buy | Banks firming up 20+ days |
| XHB (Homebuilders) | Sell | Sell (20d) | Buy | Short-term weak, longer flip to positive |
| Leveraged (TQQQ/UPRO/URTY) | Mixed | Mixed | Mixed | Some buy pockets but choppier |
What I’m Keeping an Eye On
- Bullish: IWM, QQQ, SPY, and XBI still lead with the strongest multi-week buy signals.
- Watch list: BND longer-term sell and short-term weakness in XHB and some leveraged plays.
- Opportunity areas: Energy (XES), banks (KBE), and gold (GLD) showing selective strength.
That’s it for this weekend. Enjoy the long weekend, and I’ll be back mid-week with fresh numbers after Tuesday’s close. Comments welcome — let me know if there’s an ETF you’d like me to add!
Disclaimer: This is not financial advice. I’m just a former programmer sharing my personal technical scans for fun. Past performance doesn’t guarantee future results. Always do your own research and consider your own risk tolerance before making any investment decisions.
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