February 23 2026 Trader Market Radar – NYSE Pre-Market Session

SPY Weekly View

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Holiday Radar

No U.S. market holidays pending in the next 7 days.

Earnings Radar

Monitoring for earnings releases by the Magnificent 7, AI-tech-related firms, and major financial institutions.

• CRM Release: 2026-02-26 T:AMC
• NVDA Release: 2026-02-25 T:AMC
• SNOW Release: 2026-02-25 T:AMC

With critical earnings releases approaching from NVIDIA (NVDA) and Snowflake (SNOW) on February 25, followed by Salesforce (CRM) on February 26 after market close, day traders can expect market momentum and trading volumes to moderate in the days leading up to these announcements. The anticipated updates from NVDA are especially significant given its heavyweight status among the MAG7 and its outsized influence over AI-focused technology sectors and broader index sentiment. This pre-earnings quiet period is typical as participants await clarity from these major growth names, and futures market activity may remain rangebound or see tighter trading awaiting key results that could impact not just individual names but broader tech indices and sentiment.

For full details visit: Yahoo Earnings Calendar

EcoNews Radar U.S. Events

EcoNews Summary

• Tuesday 21:00 – USD President Trump Speaks (High Impact):
  Markets may exhibit heightened volatility during and after the speech, with index futures potentially reacting to remarks on economic policy, trade, or regulatory changes.
• Thursday 08:30 – USD Unemployment Claims (High Impact):
  Fresh labor market data is a key short-term sentiment driver. A stronger or weaker than expected print can trigger immediate index futures moves as traders reassess economic resilience and Fed policy path.
• Friday 08:30 – USD Core PPI m/m & PPI m/m (High Impact):
  Both inflation readings are closely monitored. Significant surprises in either may influence short-term index futures direction as they shape expectations for monetary policy and overall risk appetite.

EcoNews Conclusion

• Multiple high-impact USD events are scheduled from midweek onward, with potential for increased futures volatility during and around the event windows.
• News releases at the 8:30 AM cycle (Thursday and Friday) often act as drivers for reversals or continuations in indices futures, with immediate moves likely after the data prints.
• Heightened attention is warranted Tuesday evening for Trump’s speech, as unexpected policy or economic comments may prompt sharp, short-lived market swings outside regular cash hours.

Market News Summary

• Gold & Silver: Precious metals experienced volatility with prices generally supported by policy uncertainty, weak global growth, and central bank demand. Early-week choppiness was seen as gold’s safe-haven status was questioned, but trade tensions renewed risk appetite for both metals, fueling further rallies and upside forecasts.
• Tariffs & Trade Policy: President Trump’s new 15% global tariff has created confusion and risks in the markets. The Supreme Court’s ruling rolled back prior tariffs but led to fresh policy moves, raising uncertainties for U.S. trade relations, especially with the EU and China. These developments have clouded the near-term outlook for indices futures, with global reactions ranging from Asian markets rallying to European and U.S. futures sliding.
• Equity Markets: S&P 500 futures and global stock indices diverged, with the S&P 500 underperforming its global peers by the widest margin since 1995 amid expensive U.S. valuations and domestic policy fears. U.S. technology-heavy stocks weighed down indices, as Big Tech struggles contributed to the underperformance.
• Commodities & Energy: Oil markets reacted to shifting geopolitical risks, U.S.–Iran tensions, and inventory uncertainties. Oil pulled back as diplomatic talks with Iran are set to resume, with price risk premia fluctuating according to the perceived likelihood of supply disruptions. Goldman Sachs raised its oil price outlook slightly due to lower global stockpiles, despite ongoing surplus concerns.
• Corporate Developments: Goldman Sachs shifted board selection policy by removing DEI criteria, signaling a renewed focus on meritocracy, which saw a positive market reaction.
• Market Sentiment: The overall tone remains risk-averse, with several headlines citing growing confusion, policy unpredictability, and underperformance in U.S. markets, leading to cautious trading sentiment as the week begins.

News Conclusion

• The financial markets face heightened volatility to start the week due to rapid shifts in U.S. trade policy, renewed tariffs, and geopolitical uncertainties.
• Precious metals and miners are broadly supported by the prevailing uncertainty, with risk-off moves boosting their prices.
• S&P 500 futures, as well as Nasdaq and Dow Jones futures, are tracking lower in early trading, reflecting trader concerns over U.S. policy unpredictability and global economic headwinds.
• Asian markets have proven resilient, while European stocks are expected to open weaker as tariff policy reverberates internationally.
• Energy markets remain sensitive to geopolitical news from the Middle East and inventory data, with the short-term outlook closely tied to diplomatic developments and OPEC+ responses.
• The general market mood is cautious, with active monitoring of faster-moving economic indicators and hesitation around major indices.

Market News Sentiment:

Market News Articles: 20

• Negative: 55.00%
• Neutral: 30.00%
• Positive: 15.00%

Sentiment Summary:
Today’s market news sentiment is predominantly negative, with 55% of articles reflecting a negative tone. Neutral coverage accounts for 30%, while only 15% of the articles show a positive sentiment.

Conclusion:
The overall market news flow is tilted towards negativity, indicating a cautious or risk-averse atmosphere based on current media coverage. Neutral and positive sentiment are comparatively limited in today’s articles.

GLD,Gold Articles: 7

• Positive: 57.14%
• Negative: 28.57%
• Neutral: 14.29%

Sentiment Summary: Among 7 recent articles related to GLD and Gold, 57.14% present a positive outlook, 28.57% are negative, and 14.29% are neutral.

This reflects a predominantly positive sentiment in the recent news coverage surrounding GLD and Gold.

USO,Oil Articles: 5

• Neutral: 60.00%
• Negative: 40.00%

Sentiment Summary:
Out of the five articles related to USO and oil, 60% maintain a neutral tone while 40% present a negative sentiment.

Conclusion:
Market news coverage is predominantly neutral, with a noteworthy portion reflecting negative sentiment.

Market Data Snapshot

ETF Snapshot of major stock market ETFs, Mag7, and others as of: February 23, 2026 07:16

• GOOG 314.90 Bullish 3.74%
• AMZN 210.11 Bullish 2.56%
• GLD 468.62 Bullish 1.97%
• META 655.66 Bullish 1.69%
• AAPL 264.58 Bullish 1.53%
• NVDA 189.82 Bullish 1.02%
• IBIT 38.42 Bullish 0.92%
• QQQ 608.81 Bullish 0.88%
• SPY 689.43 Bullish 0.72%
• IJH 72.11 Bullish 0.63%
• DIA 496.08 Bullish 0.34%
• TSLA 411.82 Bullish 0.03%
• IWM 264.61 Bullish 0.00%
• TLT 89.41 Bearish -0.23%
• MSFT 397.23 Bearish -0.31%
• USO 80.85 Bearish -0.42%

Higher Time Frame Analysis

Summary of the current state of US Indices Futures based on higher time-frame (HTF) technical analysis as of: 2026-02-23: 07:16 CT.

US Indices Futures

• ES Neutral short/intermediate, bullish long-term, price below NTZ centers, uptrend pivots, 7040 resistance/6569 support, MA benchmarks up, corrective/consolidating after rally
• NQ Bearish short/intermediate, neutral long-term, below all Fib grids NTZs, pivots and benchmarks down, resistance 26555/26548, support 23976/21601/17168, corrective phase prevails
• YM Bearish short-term, bullish intermediate/long-term, above YSFG, MSFG NTZs, higher-high pivots, resistance 50,000/50,611, support 48,542/48,686, long MAs up, in corrective uptrend
• EMD Neutral short-term, bullish intermediate/long-term, above MSFG/YSFG NTZs, uptrend pivots, resistance 3592.6/3638.8, support near 3468.7, all MAs up, momentum strong, possible pullback
• RTY Neutral short-term, bullish intermediate/long-term, above MSFG/YSFG, uptrend pivots, resistance 2724–2749, support 2561/2577, volatility elevated, consolidating after rally, mixed signals
• FDAX Bearish short-term, bullish intermediate/long-term, below WSFG NTZ, above MSFG/YSFG NTZs, uptrend pivots, 25,641 resistance, 23,739 support, all MAs up, recent retracement, consolidating

Overall State

• Short-Term: Neutral to Bearish
• Intermediate-Term: Neutral to Bullish
• Long-Term: Bullish (except NQ neutral, ES bullish, others supportive)

Conclusion

US Indices Futures on higher time frames are generally consolidating or in corrective phases after strong rallies, with short-term pressures reflected by price action below WSFG and NTZ centers in most instruments. Intermediate to long-term structures remain supported by higher-lows, rising benchmark moving averages, and positive MSFG/YSFG context across ES, YM, EMD, RTY, and FDAX, though NQ shows increased downside pressure and a more fragile long-term posture. Major swing pivots identify clear resistance and support zones, suggesting present conditions favor range-bound or corrective action while broader uptrends hold unless key higher timeframe supports are broken. Directional correlations indicate leading instruments (EMD, RTY) remain strongest, while tech-heavy NQ is lagging, reinforcing the uneven nature of the current HTF environment.

Note: Intra-day counter-trend pullbacks or retracements may occur, HTF is context for informational usage and market structure. Glossary: Session Fib Grids periods of YSFG:’Yearly’, MSFG:’Monthly’, WSFG:’Weekly’

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Tech Weekly View

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