As Fear Rises, Cracks Are Forming Beneath the Market!

Tom recaps a volatile week as the Nasdaq 100 broke key support levels and the S&P 500 began testing critical price zones. He explains why persistent bearish rotation away from growth and into defensive areas remains a concern, how rising volatility with the VIX moving above 20 adds risk, and why weakness in technology and semiconductors is dragging broader markets lower. In addition, Tom highlights the continued strength in transportation stocks as a potential offset, discusses sharp post-earnings moves across several high-profile names, and explains why the current market stress could be temporary, but still demands caution.
This video originally premiered on February 6, 2026. Watch it on Tom's StockCharts TV page here.
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