02/09/2026

Mish Schneider | February 8, 2026

(Pivotal means short-term bullish above that level and bearish below)   S&P 500 (SPY) Can we get a second close above the 50-DMA 686?  Russell 2000 (IWM) 267 is now the place to clear  Dow (DIA) Made a new high and Dow over 50,000  Nasdaq (QQQ) Held 600 but still must do a lot more to get back in the game     Regional banks (KRE) Another new multiyear high-sniffs lower rates  Semiconductors (SMH) Did the job and now back over 402 should continue  Transportation (IYT) Never become bearish when transports are flying to new

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