Stocks To Watch – 1/20/2026

Brief Overview

Welcome back to this week’s Stocks to Watch!

We hope your extended weekend is going well and you’re ready to get back to the market action! We’re getting back into earnings season this week with top names like MMM, NFLX , JNJ, HAL, SCHW, & INTC scheduled to report. 

The surges in gold, silver, copper, and platinum remain one of 2026’s most electrifying stories—a rare convergence of safe-haven demand, chronic shortages, and booming tech/electrification needs. As of mid-January 2026, gold trades near $4,600–$4,700/oz (up ~70% YoY), fueled by central banks, geopolitics, and dollar risks. Silver has surged dramatically to around $89–$92/oz (gains exceeding 140–150%), driven by industrial deficits in solar/EVs/electronics. Copper hits records above $5.90/lb, powered by AI data centers, grid upgrades, and supply constraints. Platinum climbs to ~$2,300–$2,400/oz (up over 140% YoY).This synchronized rally blends macro hedges against uncertainty with structural industrial tailwinds, keeping metals markets ablaze.

Looking back at last week…

Monday: Markets Hit Fresh Highs to Kick the Week
U.S. stocks opened the week on a positive note. The S&P 500 and Dow climbed to new record closes, and the Nasdaq also moved higher, extending the rally from earlier in January as investors looked past early losses and focused on strong corporate developments and solid earnings expectations.

Tuesday: Pullback in Financials and Broader Clubs
The upward trend paused as bank earnings disappointed and some profit-taking hit financials and communication services. The S&P and Nasdaq dipped slightly, with the Dow also under pressure, as traders balanced rate expectations with mixed earnings news midweek.

Wednesday: Earnings Season Begins to Shape Sentiment
As Q4 earnings started rolling in, markets were choppy. Tech and banks saw mixed results, stocks rotated into defensive sectors, and yields nudged lower as softer inflation expectations lingered. The S&P and Nasdaq were modestly lower as these themes unfolded.

Thursday: Tech Eases, CPI in Focus
Tech lagged during the session, with several major names softening after earlier strength. Meanwhile, anticipation around incoming inflation data and continued rotation into value and defensive sectors shaped trading, keeping the S&P and Dow relatively flat.

Friday: Chipmakers Lead a Week-End Bounce
Semiconductor stocks helped buoy the market at the end of the week. U.S. equities rallied, with memory and chip-related names posting gains and helping indexes finish higher, even as the overall week was mixed. The S&P and Nasdaq ended slightly positive, while the Dow also edged up.

Key Takeaway:
It was a mixed but constructive week: record highs early on, then a bit of rotation and caution amid earnings and inflation anticipation, and a bounce late in the week led by chip stocks. Traders are watching the ongoing earnings season and key economic data—especially inflation metrics—as they set up positions for the next few weeks.