Daily Brief - February 07, 2026 (Morning)

 ## Pre-Market Overview U.S. stock futures are trading mixed as investors weigh the latest economic data and corporate earnings ahead of the market open. The Dow Jones is showing slight gains, while the S&P 500 and NASDAQ are fluctuating around the flatline. In overnight trading, Asian markets closed mostly higher, with Japan's Nikkei 225 gaining 0.5% and Hong Kong's Hang Seng Index rising by 1.1%. European markets are also up, driven by positive corporate earnings and easing inflation concerns. Overall market sentiment appears cautiously optimistic, although concerns regarding a potential recession continue to linger. Notably, the Dow Jones Industrial Average has topped the 50,000 mark for the first time, signaling strong investor confidence. However, volatility remains high as traders digest mixed signals from earnings reports and macroeconomic indicators. ## Top Stories Moving Markets **ConocoPhillips (COP)** - The company received a higher target price from Roth Capital as it progresses on cost-cutting initiatives. This could bolster investor confidence and lead to upward price action today. **Goldman Sachs (GS)** - The firm reaffirmed its buy rating on **Eli Lilly and Company (LLY)**, citing a strong growth outlook of 25%. This endorsement may attract bullish sentiment towards LLY as the market opens. **Petrobras (PBR)** - The company has been highlighted as a top pick for 2026 with a recent rating upgrade. This could lead to increased buying interest today as investors look for long-term opportunities in energy. **Nio Inc. (NIO)** - The electric vehicle manufacturer expects its first profitable quarter, which has the potential to boost its stock price amid ongoing investor interest in EVs. **Apple Inc. (AAPL)** - The stock is among those flashing buy signals as it recovers from recent declines. Positive momentum could drive buying interest as traders look to capitalize on potential gains. ## Stocks to Watch Today **$COP** - Target price increase from Roth Capital could lead to upward momentum. **$LLY** - Goldman Sachs maintains a buy rating with a strong growth outlook. **$PBR** - Rating upgrade positions Petrobras as a favorable investment. **$NIO** - Expected profitable quarter may attract more investors. **$AAPL** - Positive buy signals could indicate a strong rebound potential. **$ENPH** - Climbed 35% after strong earnings, likely to see continued interest. **$HUN** - Soared 24% ahead of earnings, may attract speculative trading. **$LITE** - Rallied 41% on a profitable swing, could inspire further buying. **$JBLU** - Climbs 30.6% on reduced losses and upbeat outlook. **$ATO** - Strong demand in Q1, likely to see positive trading. **$CASY** - Price target hikes could enhance investor interest. **$TOL** - Maintained buy rating despite industry challenges, could attract strategic buyers. ## Sector Setup **Technology:** Bullish outlook as AI and tech stocks, including **$AAPL** and **$NIO**, show signs of recovery. **Energy:** Positive momentum in the sector with upgrades for **$COP** and **$PBR** indicating a favorable environment. **Healthcare:** Strong performance expected for **$LLY** amidst reaffirmation by Goldman Sachs, suggesting stability in the sector. ## Economic Calendar & Fed No major releases scheduled for today. The market will be focused on corporate earnings and ongoing developments in inflation and interest rates. ## Crypto & Commodities Bitcoin has shown volatility but remains above key psychological levels. Investors are closely monitoring market movements following recent crashes. Gold remains stable as a safe haven, while oil prices are expected to react to developments in the energy sector. ## Trading Game Plan - Monitor **$AAPL**, **$NIO**, and **$LLY** for potential rally opportunities based on recent positive news. - Favor energy stocks like **$COP** and **$PBR** for potential upward movement due to positive ratings and growth outlook. - Be cautious with tech stocks due to ongoing volatility; consider taking profits if positions have reached target levels. - Keep an eye on macroeconomic indicators and inflation discussions that could impact market sentiment. - Prepare for potential sector rotations as earnings season progresses and investor sentiment shifts.