02/10/2026

Mish Schneider | February 9, 2026

(Pivotal means short-term bullish above that level and bearish below)   S&P 500 (SPY) Back to bullish phase and near the highs  Russell 2000 (IWM) 267 is now the place to hold  Dow (DIA) Made another new high and Dow over 50,100  Nasdaq (QQQ) 620 puts this back over the 50-DMA  Regional banks (KRE) Another new multiyear high-sniffs lower rates  Semiconductors (SMH) 402 now support as sister semis is back in the game  Transportation (IYT) Taking a breath at the all-time highs, but still looks amazing  Biotechnology (IBB) Good consolidation probably means higher in store if holds

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