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Good morning Investors!
TL;DR: Pre-market tech sentiment is fractured as a massive upgrade for Intel battles a broader retreat in cybersecurity and high-multiple software names following reports of Chinese software crackdowns.
Pre-market data as of: January 14 at 8:53 AM EST
—Charlie F.
🟢 TOP GAINERS
Intel Corp (INTC) - $47.29 | 7.33%
Price Action: 2.1x Avg (vs 30-day)
RSI Momentum: 67 🐂
Insight: Shares are surging after KeyBanc upgraded the stock to Overweight with a $60 target, citing breakthrough progress in the "Panther Lake" chip cycle and surging data center CPU demand.
Alphabet Inc. (GOOGL) - $335.97 | 1.24%
Price Action: 0.8x Avg (vs 30-day)
RSI Momentum: 54 ⚖️
Insight: Alphabet is outperforming mega-cap peers as investors favor its relatively lower valuation multiple amid a broader rotation toward "AI value" plays in 2026.
Netflix Inc. (NFLX) - $91.27 | 1.05%
Price Action: Data N/A
RSI Momentum: 56 🐂
Insight: Sustained momentum from late 2025's ad-tier expansion is providing a defensive cushion against the morning's broader tech volatility.
NVIDIA Corp (NVDA) - $185.81 | 0.47%
Price Action: 1.1x Avg (vs 30-day)
RSI Momentum: 55 🐂
Insight: The semi-leader is clinging to green territory as it holds a key technical demand zone at $184, though upside is capped by macro-economic jitters.
Apple Inc (AAPL) - $261.05 | 0.31%
Price Action: 0.7x Avg (vs 30-day)
RSI Momentum: 53 ⚖️
Insight: Trading is largely neutral as the market awaits fresh consumer hardware signals following the CES 2026 product cycles.
🔴 TOP LOSERS
Palo Alto Networks (PANW) - $185.40 | -2.86%
Price Action: 1.4x Avg (vs 30-day)
RSI Momentum: 39 🐻
Insight: Cybersecurity stocks are leading the morning decline following a Reuters report detailing fresh Chinese authorities' crackdowns on Western software.
Fortinet Inc. (FTNT) - $76.51 | -2.32%
Price Action: 1.2x Avg (vs 30-day)
RSI Momentum: 41 🐻
Insight: Similar to PANW, Fortinet is seeing heavy selling pressure as geopolitical friction threatens its international software licensing margins.
Intuit Inc. (INTU) - $595.86 | -1.56%
Price Action: Data N/A
RSI Momentum: 44 🐻
Insight: High-multiple SaaS names are under pressure as the market prices in a "higher-for-longer" interest rate environment following the morning's PPI data.
Advanced Micro Devices (AMD) - $217.80 | -1.43%
Price Action: 1.5x Avg (vs 30-day)
RSI Momentum: 48 ⚖️
Insight: AMD is failing to follow Intel's lead as profit-taking hits the name after its recent January run-up, with technicals showing a brief rejection of 52-week highs.
Broadcom Inc (AVGO) - $349.69 | -1.39%
Price Action: 0.9x Avg (vs 30-day)
RSI Momentum: 52 ⚖️
Insight: Despite long-term AI networking optimism, pre-market traders are de-risking positions ahead of more bank earnings and the Fed's next move.
Quick Guide
Price Action:
Today’s trading activity is X.X times higher than the stock’s average daily activity over the past 30 trading days.
Relative Strength Index (RSI):
🐻 Bearish (0-44) = Weak momentum; Sellers in control
⚖️ Neutral (45-64) = No clear momentum; Rallies tend to fade
🐂 Bullish (55-69) = Buyers in control; Healthy uptrend
⚠️ Overbrought (70+) = Strong momentum but higher pullback risk
The valuation reset is the big story for 2026... we're paying a high multiple for growth stocks without clear evidence of near-term monetization in some pockets.
