Market Clubhouse Morning Memo - February 5th, 2026 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA)

Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA.

Our proprietary formula, exclusive to Market Clubhouse, dictates these price levels. This dynamic equation takes into account price, volume, and options flow. These levels are updated every day and shared with all Clubhouse Members, prior to the opening of the market.

We recommend closely monitoring these stocks, and be prepared to leverage potential breakouts or reversals. As always, stay alert and ready to adjust your tactics based on the market's pulse to optimize your trading gains. Now, let's dive into the stock analysis:

SPDR S&P 500 ETF Trust (NYSEARCA: SPY)
SPY is currently trading around 682.50, where buyers are attempting to stabilize after a volatile week. Holding above this area keeps short term structure intact and opens the door for a push into 684.25. If buyers can maintain control through that level, price may work higher into 686.00, where sellers previously showed interest. Acceptance above 686.00 would signal improving momentum and could allow a grind toward 688.25 as the week closes. 

If SPY fails to hold 682.50, sellers may press price down into 680.75. A clean break below that level exposes 678.50, where buyers will need to respond quickly to avoid acceleration. Continued weakness could drag price toward 676.75. Losing that zone would suggest risk appetite fading into the close, increasing the odds of broader market pullback.

Invesco QQQ Trust Series 1 (NASDAQ: QQQ)

QQQ is currently trading around 600.25, sitting at a key inflection area after recent selling pressure. Buyers will want to defend this zone early and attempt a reclaim of 602.25. If momentum builds, price could rotate higher into 604.75, where sellers are likely to test conviction. Strength through that level may allow QQQ to stretch toward 607.00 into the afternoon. 

If QQQ breaks below 600.25, downside pressure may accelerate into 597.75. Failure to hold there opens a move toward 595.25. Continued selling could target 592.75, signaling that tech remains vulnerable and positioning is still being unwound ahead of the weekend.

Apple Inc. (NASDAQ: AAPL)

Apple is currently trading around 276.25, where buyers are attempting to build support after recent earnings driven volatility. Holding this area could allow price to work higher into 278.00, followed by a test of 279.75 if demand improves. A sustained move through that level would suggest buyers regaining control and could set up a push toward 281.50. 

If AAPL slips below 276.25, sellers may guide price down into 274.50. A failure there exposes 272.75, where buyers must step in to prevent deeper downside. Losing that level increases the risk of a rotation toward 270.50, reflecting renewed pressure across large cap tech.

Microsoft Corp. (NASDAQ: MSFT)

Microsoft is currently trading around 406.25, sitting near a fragile support area following continued weakness. Buyers need to hold this zone and reclaim 409.00 to signal stabilization. If successful, price could rotate into 412.00, with further upside potential toward 415.25 if broader tech sentiment improves. 

If MSFT fails to hold 406.25, sellers may push price into 403.75. A break below that level opens a move toward 400.50. Continued downside would indicate that institutional support remains light and downside risk persists into the close.

NVIDIA Corporation (NASDAQ: NVDA)

NVIDIA is currently trading around 173.50, where buyers are attempting to defend a critical short term pivot. Holding this area could allow a bounce into 176.00, followed by a test of 178.50 if momentum builds. Acceptance above 178.50 would be constructive and could set up a move toward 181.00. 

If NVDA loses 173.50, sellers may quickly press price down into 170.75. A failure there opens the door to 168.25. Continued weakness would signal that semiconductors remain under pressure and risk appetite has not yet returned.

Alphabet Inc Class A (NASDAQ: GOOGL)

Alphabet is currently trading around 317.50, where buyers are attempting to reestablish footing. Holding this level may allow price to rotate into 319.75, with further upside toward 322.50 if buyers remain engaged. Strength through that zone would suggest improving structure and a potential trend shift. 

If GOOGL breaks below 317.50, sellers may target 315.25. Losing that support exposes 312.75. Continued downside would indicate fading confidence and renewed selling pressure across mega cap names.

Meta Platforms Inc (NASDAQ: META)

Meta is currently trading around 661.00, consolidating after strong prior upside. Holding this level keeps the bullish structure intact and allows for a push into 665.25. If buyers sustain momentum, price could extend toward 670.00 into the close. 

If META loses 661.00, sellers may pull price back into 656.75. A breakdown there could lead to a move toward 652.25. Sustained weakness would suggest profit taking accelerating ahead of the weekend.

Tesla Inc. (NASDAQ: TSLA)

Tesla is currently trading around 399.00, sitting near a key psychological level. Buyers will want to defend this area and attempt a move into 404.00. If momentum builds, price may rotate higher into 409.25, signaling renewed speculative interest. 

If TSLA fails to hold 399.00, sellers may press price into 394.50. A break below that level opens the door toward 389.75. Continued downside would reflect broader risk off behavior and fading momentum in high beta names.

Final Word: Today’s session rounds out the week with several important labor market related data points that could influence short term positioning. At 7:30AM ET, the January Challenger Job Cuts report will offer early insight into corporate layoff trends. At 8:30AM ET, traders will focus on Continuing and Initial Jobless Claims, which remain a key barometer for labor market cooling or resilience. 

At 10:00AM ET, attention shifts to the December JOLTS report, including job openings, quits, and layoffs data. This release is closely watched by the Federal Reserve as it reflects labor demand and worker confidence. Later in the morning, at 11:00AM ET, the Treasury will announce 3 and 6 month bill issuance, followed by the 4 and 8 week bill auction at 11:30AM ET. 

On the speaker front, Atlanta Fed President Raphael Bostic is scheduled to speak at 10:50AM ET, participating in a moderated discussion and Q&A on monetary policy and the economic environment. At 12:40PM ET, Bank of Canada Governor Tiff Macklem will deliver remarks, which could influence cross market rates and currency flows. With labor data, central bank commentary, and week end positioning all in play, expect volatility to remain elevated and reactions to be swift. Trade with discipline, respect your levels, and manage risk accordingly.

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