This Week’s Market
The stock market showed resilience amid mixed performances this week, with major indices navigating earnings reports and policy news. From Monday’s open to Friday morning, the S&P 500 dipped about 0.3% overall, the Dow Jones Industrial Average fell 0.5%, and the Nasdaq Composite edged down 0.1%.
Friday’s pullback was likely in reaction to the nomination of Kevin Warsh as Fed Chair, which contributed to the modest declines, the broader January trajectory remains positive, highlighting underlying strength in key sectors.
Gold an silver pulled back dramatically on Thursday and Friday… silver is down about 20% as I write this (Friday morning)1
Trending Topics This Week
A notable financial planning discussion gaining momentum on social media is the “No-Buy 2026” challenge. This trend encourages individuals to skip non-essential purchases throughout the year to enhance savings and alleviate financial stress. Popular on platforms like TikTok and Reddit, it reflects a growing emphasis on mindful spending in response to persistent economic pressures.
Do it if you want… but I like to emphasize a mindset of abundance, rather than scarcity.
So, you do you.
This Week’s Ideas
Search for unclaimed property through your state’s official treasury website, as many people have forgotten funds from old bank accounts, insurance refunds, or utility deposits waiting to be claimed. This simple step can uncover unexpected money to bolster your emergency fund or investments without additional effort.
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The information on our website and this blog is for information purposes only. It is believed to be reliable, but JR Snell Capital Management does not warrant its completeness or accuracy. The information on our website and in this newsletter or blog is not intended as an offer or solicitation for the purchase of stock or any financial instrument.
- All data is provided by my desktop trading and analysis software, TradingView. ↩︎