Notice: The Daily Report is provided for informational and educational purposes only and is not intended to be used as a stock-picking service or as financial advice. The charts and accompanying research are designed to support your analysis, serving as indicators rather than direct recommendations to buy or sell any security. The creator assumes no responsibility for actions taken by readers and strongly encourages individuals to fully understand the associated risks and potential outcomes before making investment decisions. Please note that any charts and/or information are intended to aid in research and should not be considered a definitive part of your personal trading strategy. Not all charts will lead to actionable buy or sell signals at any given time. Individuals should consider consulting a qualified financial advisor before making any investment decisions.
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SYS Daily Report
Optimism Despite Trade Risks and Inflation Data
The U.S. stock market saw positive movement on Monday, with major indexes advancing despite growing concerns about the potential for a trade war triggered by President Donald Trump‘s proposed steel and aluminum tariffs. The Nasdaq Composite led the charge, rising 1%, followed by the S&P 500, which climbed 0.7%, and the Dow Jones Industrial Average, up 0.4%. The VIX, Wall Street’s volatility gauge, dropped 4.4%, signaling a sense of stability across the market. While President Trump’s trade policies remained in the headlines, investors largely shrugged off the risk of an escalating trade conflict.
Nasdaq – Daily Chart
S&P 500 – Daily Chart
Dow Jones Industrial Average – Daily Chart
In a move that shocked many, Trump announced a 25% tariff on all steel and aluminum imports, with plans for reciprocal tariffs on countries that impose duties on U.S. goods. Despite this, investors appeared to take the news in stride, driving up steel stocks like U.S. Steel, which gained 4.8%, and Alcoa, up 2.2%. The Nasdaq‘s technology sector also made significant gains, with Nvidia (NVDA) rising 2.9% as it neared its 50-day moving average, a key level to watch for future bullish momentum.
The energy sector also made strides, rising 2.2%, driven by a 1.9% jump in oil prices, with West Texas Intermediate futures closing at $72.32 per barrel. Meanwhile, the materials sector enjoyed a 2% increase, bolstered by gold prices hitting new record highs, reflecting both inflation concerns and a broader search for safe-haven assets.
Gold – Daily Chart
The TSX Composite index in Canada showed resilience, rising 0.85% to close at 25,658.86, not far from its record high of 25,808.25 set on January 30, 2025. Despite concerns over Trump’s tariff announcement, the resource-heavy index benefited from strong performances in the energy and materials sectors, with gold and oil both showing positive price movements. The energy sector rose 2.1%, while materials gained 2%, driven by strength in metal mining stocks and a record-setting rally in gold. Toronto-Dominion Bank (TD.TO) was another standout, gaining 3.9% after announcing the sale of its stake in Charles Schwab.
TSX – Daily Chart
Looking ahead, key economic reports are on the horizon, with the Consumer Price Index (CPI) due out on Wednesday, and the Producer Price Index (PPI) on Thursday. These inflation reports are expected to provide further insight into price pressures and the broader economic environment. Additionally, Federal Reserve Chairman Jerome Powell will testify before Congress this week, which will be closely watched by market participants for any signals on the Fed’s future monetary policy direction.
In the coming days, investors will remain focused on the inflation data, Powell’s testimony, and the potential impact of tariff policies. Although the market remains somewhat rangebound and volatile, the positive momentum in sectors like technology and energy, coupled with a cautious yet optimistic outlook, suggests a market poised for further gains if inflation and trade risks are managed effectively.
Monday’s market performance demonstrated resilience despite concerns over trade tariffs and inflation. The technology and energy sectors led the charge, while steelmakers benefited from President Trump’s tariff announcements. Investors are eagerly awaiting inflation reports and insights from Jerome Powell on the Fed’s policy stance. As uncertainty remains a key theme, cautious optimism prevails, with the TSX showing notable strength in the face of potential trade disruptions. Moving forward, careful risk management and close attention to economic indicators will be critical as the market searches for clearer direction.
“The trick is not to pick the right direction, but to manage the risk in case you’re wrong.” – Mark Douglas
Now, onto the daily setups.
US Daily Setups
ACHR – Archer Aviation Inc.
Archer Aviation is setting up in the form of a potential continuation pattern. Monitor closely for any breakout signals that could confirm upward momentum.
LINK TO CHART – https://schrts.co/BsJNUktZ
AI – C3.ai Inc.
C3.ai is set up for a potential continuation pattern breakout. Monitor closely for any breakout signals that could confirm upward momentum.
LINK TO CHART – https://schrts.co/gZWXDDDQ
BIDU – Baidu, Inc.
Baidu continues to set up for a potential bottoming pattern breakout. Monitor closely for signs of a trend reversal and continued upward momentum if the pattern confirms.
LINK TO CHART – https://schrts.co/ttkHNsMY
BTG – B2Gold Corp.
B2Gold appears to be setting up just below a significant horizontal resistance line. Monitor closely for any breakout signals that could confirm upward momentum.
LINK TO CHART – https://schrts.co/MVsTuBwj
CDNA – CareDx Inc.
CareDx appears to be setting up just below significant horizontal resistance, identified by the large volume-by-price bar located on the left side of the chart. Monitor closely for any breakout signals that could confirm upward momentum.
LINK TO CHART – https://schrts.co/brkwnpvX
CLF – Cleveland-Cliffs Inc
Cleveland-Cliffs is attempting to break out from a bottoming pattern, following its mention in our unusual activity report on Friday. Monitor closely for continued upward momentum and confirmation of the breakout.
LINK TO CHART – https://schrts.co/bTcjwHuq
Canadian Daily Setups
BTO.TO – B2Gold Corp.
B2Gold appears to be setting up just below a significant horizontal resistance line. Monitor closely for any breakout signals that could confirm upward momentum.
LINK TO CHART – https://schrts.co/HMkzSprs
DEFI.NE – DeFi Technologies Inc.
DeFi Technologies is working toward the tight apex of a continuation pattern. Monitor closely for any potential breakout signals that could confirm upward momentum.
LINK TO CHART – https://schrts.co/aeRRHqGw
HBM.TO – HudBay Minerals Inc.
HudBay Minerals appears to be setting up with increasing volume on the right side of a significant multi-month base. Monitor closely for any breakout signals that could confirm upward momentum.
LINK TO CHART – https://schrts.co/MEUtfJDf
NCI.V – NTG Clarity Networks Inc.
NTG Clarity Networks appears to be breaking out from the consolidation pattern we’ve been charting, supported by increasing volume. Monitor closely for signs of continued upward momentum and confirmation of the breakout.
LINK TO CHART – https://schrts.co/bzabdIbv
TKO.TO – Taseko Mines Ltd.
Taseko Mines appears to be setting up in the form of a significant multi-month consolidation/continuation pattern, as the weekly PPO momentum indicator performs a bullish cross. Monitor closely for any breakout signals that could confirm upward momentum.
LINK TO CHART – https://schrts.co/sdBxNiFc
TOU.TO – Tourmaline Oil Corp.
Tourmaline Oil appears to be setting up on the right side of a significant multi-year consolidation pattern. Monitor closely for any potential breakout signals that could confirm upward momentum.
LINK TO CHART – https://schrts.co/MHFjGjhk
To conclude our report, we thank you for your engagement and insights. Your feedback is valuable, and we encourage you to share your recommendations. Stay attentive to the Daily Setups, the Workspace, and the Watchlists for emerging opportunities. Additionally, be sure to explore the scanner result PDFs provided below. Until next time, happy trading!
US Scanner Results
(Stocks are sorted to highlight those with the strongest momentum at the time of the scan)
Click on the CandleGlance chart to view it in full size. Find a chart that matches your criteria or interests. You can easily save it to your watchlist on StockCharts.com for further analysis and tracking or copy and paste the ticker list into your chart provider.
EXPORT – US Watchlist Scan – 2025-02-10
LFWD, ABIT, AIOT, KULR, MNDY, STIM, PDYN, LUCD, CLF, SMCI, ASTS, STRT, BYRN, VNET, GRRR, CRNC, ACHR, RDW, ROK, LB, MBLY, RKLB, MOBX, FHTX, CDNA, PAHC, MPAA, CNSP, ECX, GOSS, CENX, ICAD, ONDS, GME, EKSO, BARK, SXTP, SEZL, SNT, KC, XNET, SERV, AUR, LUNR, PL, API, DCGO, HE, ULCC, SNCR, BABA, NBIS, LAES, ASAN, CANG, TENX, LFVN, GDS, SND, WDC, ZIM, TDOC, AU, VATE, CRK, TNET, LYFT, DATS, MP, RRC, BKSY, SMR, DAVE, APA, BEKE, LU, CURI, JFIN, PRVA, SEI, ACLS, AR, NUE, USD, UBER, DBI, DRUG, WS, OPRA, NEON, PLTR, HIMS, RNGR, MITK, HNRG, BIDU, LEU, DERM, YMM, JD, GCTS, DOCS, HL, COCO, STLD, AI, TSAT, CFLT, MCD, X, KVYO, CNX, MLAB, BWAY, EQT, DEFTF, FSLY, AVGO, BTDR, TTD, FSM, HUBS, UMAC, BZUN, RBBN, EGY, VICR, FLNC, LXU, EQNR, CXDO, PR, PTEN, ADBE, NBY, APLD, RIVN, PGY, TKO, CDZI, CTRA, CAR, GLBE, RAIL, ARIS, CEG, TMUS, EXK, XME, ASA, IDR, GCMG, BBY, THR, VGZ, MAG, ROOT, ERO, XOP, MRCY, NEM, VRT, IIIV, KNTNF, INTC, NET, FG, QSR, VUZI, WLDN, ZS, SLX, INOD, AFRM, DVN, LQDT, RBRK, KWEB, RACE, EOG, EXFY, GPOR, SANM, YUM, NEXN, SAND, SXC, IREN, DDOG, AAOI, MDB, ESTC, UPST, OKE, EDR, SA, AVAV, BASE, EDN, HMY, JELD, OIH, APH, HOV, NVDA, RS, LMND, CHRW, AGI, CWH, PHX, PCTY, S, TFPM, TSCO, VLO, FVRR, OII, INMD, TEAM, GCT, FXI, CHN, GDX, PSTG, TPL, ASTH, MNST, PLSE, ACMR, DQ, BKR, SILJ, OSPN, SLB, ESE, DOCN, MD, INSG, ORCL, XMTR, PAAS, TG, ADEA, CDRE, DXPE, PFG, ATRC, CCOI, OPK, AKAM, VNOM, BE, REAX, PVBC, SILXF, MPC, MOMO, RSI, LNC, MAX, MSGE, DDL, PTON, BTG, SPOT, GOLD, ODFL, PBI, PLYA, APP, DT, RDVT, AROC, FRSH, GDXJ, MELI, CART, TRGP, ASML, COKE, SMPL, MO, WPM, ZTO, DSGX, AEM, XLE, ETN, ISRG, MATX, PENG, MOS, NRDY, GWRE, PENN, HACK, IBTA, JCI, SKE, FEIM, NIO, SHOP, SPXC, INR, KGC, NPO, NRG, COIN, EE, GNRC, RLX, DRD, OCFC, CGAU, CVX, ENTX, EXE, LARK, HERO, ACVA, AMAT, USO, CCSI, HES, QCOM, CDNS, CVLT, DMLP, FROG, ZETA, KGS, MRVL, PRTH, AIQ, DUOL, KTOS, SMMT, VIST, INFL, LOGI, PATH, UPRO, EFXT, EMR, EXPD, TEL, LFST, SMH, VTS, FUTU, GEV, SE, FTK, CIBR, TK, PDD, PLD, ES, BJ, BLND, RGLD, TTWO, ASPI, FFTY, FTV, TKNO, GEN, SEER, ARMN, DPZ, FTNT, TPB, SIL, WMT, ABT, AMZN, CRWD, NSC, COST, HSAI, AMRK, BLOK, IBEX, AES, IGV, KEYS, LRCX, GLD, CIA, DLTR, GEG, UNFI, HD, SIRI, BIRK, FLR, HVT, BVS, CHWY, NFBK, CAVA, NCNO, NU, ASLE, CDE, ATAT, DGX, USAC, AVPT, GHRS, GLNG, ACI, FNMA, BBAI, WGMI, CSX, PM, SKY, ANET, TLSA, CYBR, ULS, COPX, XLK, ALLE, MDGL, SHOO, SII, SOVF, EHAB, LIF, HSBC, AEP, CVNA, CALX, CIVB, CRAI, CLOV, LII, WB, ARKF, PSN, CCK, FPH, TBCH, WDOFF, LI, NFLX, DCO, NOW, PX, LAUR, PPTA, SSO, DKNG, EOSE, HNI, OOMA, CHKP, IDCC, T, TRI, BTI, MCK, ADSK, EMO, LIN, METV, NCMI, OB, PANW, SOLV, KEX, VGT, CASY, D, TPZ, BIGZ, GVA, IONQ, KYN, BCO, PRIM, QQQ, TT, BOX, STK, COMM, EXC, OPCH, CNA, DKS, MIND, RELY, CFFN, DBA, FOUR, CIB, FNGS, FRHC, PFIS, PHG, RELX, SNOW, ZM, FLS, IDXX, NDSN, BITQ, KO, NBXG, SO, ABEV, LLYVA, XLU, HTD, QGRW, VSEC, TBRG, EQIX, FIX, PERI, RAMP, SNPS, EME, FDIG, GTLB, NMR, UBFO, CALM, GFL, IWF, WSM, ALDX, CORN, PNW, WRBY, MTUM, VLTO, ZG, DSP, CARG, KAI, OR, CTAS, DAN, DE, AZN, UNP, VUG, KARO, MDT, TYL, V, AXTA, EXTR, GHC, PJT, EVRG, FMCC, XLI, HESM, IHI, TSM, URI, VST, BSTZ, BSX, CTSH, GENI, PPC, SSD, CSCO, FOXA, ARGT, CCJ, DAPP, KNTK, MITT, GBDC, IQ, NUKZ, GGT, DTE, RDWR, QFIN, RBA, BR, ET, ITW, PODD, AME, IOT, CR, DLB, ACM, BMI, NVMI, CBRE, WAB, LOPE, Z, HOOD, JNJ, MPLX, NTES, WTBA, ATI, BTSG, CPRT, PAY, QTUM, TGNA, ATGE, PTCT, TGI, AGNC, CMS, SR, OKTA, POR, SPY, TOST, CLM, JBL, LMB, LNT, SSNC, HCKT, MVIS, APG, ED, HCP, KRMD, LODE, AIT, DRS, DY, JBTM, TIPT, EBAY, ACA, ALGS, IAG, SKWD, XLP, AJG, OSW, TDG, ATLC, SLV, SPHR, EPD, FFIV, ICVT, UBS, HQY, PGC, XERS, AMPX, CMI, SFM, AIG, SWX, VRRM, WIT, BKNG, CAN, DUK, WM, MSI, FOX, KLAC, CCEP, DOV, MA, BHE, LOAR, NWSA, PUTW, STE, TPX, CPNG, ITA, NI, NWS, RSG, WES, HTBI, LMAT, CIEN, IWM, PCF, VTWO, XLC, DCI, KR, MAS, RBC, BAP, HALO, NOK, SNX, XEL, CLS, FARO, CSTL, LULU, META, HWM, MHI, MNSO, SAP, DVAX, SRV, VRSN, AM, LFT, MIO, JLL, SHEL, WELL, BXMX, EPAC, TDS, ATEN, FFIC, SPG, ACP, IRMD, OGE, FIVN, ADP, AWI, CWB, EXPE, ROP, SYK, BRO, TIGO, VMEO, MMC, TYG, EVER, FLUT, RSP, SRE, OFIX, CSWC, FI, PPL, VEEV, RMBS, ACN, BANX, MIDD, KMX, RTX, DXCM, TJX, TORXF, EXLS, JWN, PBH, CLBT, CTBI, HYG, ABNB, CNO, COOP, NFG, CNM, MCO, PAYX, SLRC, ICE, LADR, BERY, CNK, MAR, AGM, CHEF, CPT, EHI, GLW, IRM, MLI, PEN, ESGR, VRTX, XLRE, XYL, CADL, HYB, AEE, FCN, NTAP, VRSK, ENVX, GDDY, SNFCA, EQH, XPOF, BKLN, MBWM, EMHY, ESAB, USFD
Canadian Scanner Results
(Stocks are sorted to highlight those with the strongest momentum at the time of the scan)
Click on the CandleGlance chart to view it in full size. Find a chart that matches your criteria or interests. You can easily save it to your watchlist on StockCharts.com for further analysis and tracking or copy and paste the ticker list into your chart provider.
EXPORT – Canadian Scanner Results – 2025-02-10
DEME.CA, TUNG.CA, SUNN.CA, SMCI.NE, GMG.V, TUO.V, MDA.TO, EMO.V, NCI.V, OGD.TO, PTK.V, AII.TO, JAG.TO, ACB.TO, CRRX.TO, FWZ.V, PTM.TO, ILLM.TO, XTD.TO, DC/A.TO, IMP.TO, MFG.V, GURU.TO, FVL.TO, NGEN.V, VERS.NE, CDR.TO, ITR.V, III.TO, BTE.TO, IE.TO, GIP.V, BB.TO, OGI.TO, UBER.NE, LGC.V, OVV.TO, XTG.TO, MCDS.NE, VRNO.NE, VET.TO, AAUC.TO, XX.V, ESI.TO, HME.V, FVI.TO, EDV.TO, VRN.TO, ERO.TO, DEFI.NE, OBE.TO, AVGO.NE, TKO.TO, ADBE.NE, MAG.TO, NGD.TO, ARG.TO, CXB.TO, TD.TO, NGT.TO, PKI.TO, KNT.TO, IPCO.TO, MTY.TO, QSR.TO, ABRA.V, EDR.TO, FIH/U.TO, CNL.TO, GTE.TO, NTR.TO, SDE.TO, SSL.TO, EQX.TO, EQX.V, INTC.NE, ARX.TO, FTT.TO, SGY.TO, AEP.V, AGI.TO, PXT.TO, TOU.TO, TGH.V, HWX.TO, MSA.TO, TFPM.TO, NDM.TO, BTO.TO, CGX.TO, NVDA.NE, PAAS.TO, HBM.TO, VROY.V, WRN.TO, MKO.V, LUG.TO, ABX.TO, WPM.TO, MCB.TO, DSG.TO, AEM.TO, SHOP.TO, BBU/UN.TO, ATS.TO, DNG.TO, WTE.TO, BBUC.TO, TVE.TO, STN.TO, SU.TO, SKE.TO, SSRM.TO, ARTG.V, AAV.TO, QIPT.TO, ARIS.TO, ASM.TO, NOA.TO, CG.TO, K.TO, MNT.TO, ORA.TO, CMG.TO, DPM.TO, PRU.TO, GTWO.TO, CGY.TO, EFX.TO, CHEV.NE, APM.TO, IMO.TO, SLS.TO, COST.NE, COST.TO, STLR.TO, WILD.TO, BIR.TO, WSP.TO, DND.TO, WDO.TO, AMZN.NE, AMZN.TO, GIB/A.TO, G.TO, HAI.TO, PRL.TO, PRL/R.TO, CJ.TO, LNF.TO, FNV.TO, CNE.TO, MTA.V, SIL.TO, PPTA.TO, FORA.TO, PHYS.TO, TRI.TO, LUCA.V, CEF.TO, ATZ.TO, CP.TO, RUS.TO, SXGC.V, BDGI.TO, TNZ.TO, CFP.TO, PEY.TO, CAE.TO, VZLA.TO, VLE.TO, CCA.TO, NFLX.NE, PNPN.V, GFL.TO, NEO.TO, SES.TO, AP/UN.TO, AGF/B.TO, CNR.TO, CCO.TO, MG.TO, PANW.NE, ATRL.TO, RBA.TO, ALDE.V, OR.TO, ENB.TO, PSLV.TO, CCOM.TO, YGR.TO, TRP.TO, FCD/UN.TO, IMG.TO, ANRG.TO, WFG.TO, MDI.TO, SOY.TO, ETG.TO, TVK.TO, CU.TO, FTS.TO, DOL.TO, GRA.TO, PZA.TO, CLS.TO, GDV.TO, INE.TO, POU.TO, TIXT.TO, PMEI/UN.TO, CSU.TO, IGM.TO, NGEX.TO, AMRQ.V, CAS.TO, EQLI.TO, TXG.TO, MND.TO, ERE/UN.TO, BIP/UN.TO, NPI.TO, VHI.TO, CRT/UN.TO, MRU.TO, WPK.TO, META.NE, META.TO, MVRS.NE, NICU.V, AD/UN.TO, WN.TO, DR.TO, HR/UN.TO, SRU/UN.TO, EMA.TO, DBM.TO, BPF/UN.TO, CIX.TO, BN.TO, FFN/PA.TO, BNT.TO, ACO/X.TO
