economy
January 16, 2026
One of our top stocks this week just lost its CFO
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
TL;DR
- Market rotation is occurring, moving away from "Magnificent 7" stocks towards small tech and "hard" economy sectors.
- GE Vernova, Eaton, Qnity Electronics, BlackRock, Boeing, and Honeywell were among the biggest gainers.
- Qnity Electronics benefits from demand in semiconductor manufacturing, with Taiwan Semi expecting increased capital expenditures.
- Qnity's CFO, Matt Harbaugh, stepped down due to health reasons; interim CFO appointed.
- Earnings season is ramping up with many S&P 500 companies scheduled to report, including Procter & Gamble and Capital One Financial from the portfolio.
- CNBC Investing Club provides trade alerts to subscribers, with specific waiting periods before executing trades.
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