The S&P 500 just scraped a new all-time high (+0.24%), which means it’s time for CNBC talking heads (read: Jim Cramer) to lose their minds and tell you that now is the best time to buy stocks—as if they wouldn’t say the same thing if the market was down 20%.

(Source: Giphy) 

Additionally, the Dow barely budged Tuesday, up a microscopic 0.02%, which is basically a rounding error—as the Nasdaq followed suit with a tiny 0.07% gain. Meanwhile, energy stocks were out here acting like they run the show—Halliburton and Valero popped off +2.2% and +2.10%, respectively as oil prices held strong.  

(Source: Giphy) 

But, but, but… not everyone had a stellar day today. Meta plunged as their 20-day winning streak officially got nuked. The stock dropped nearly 4%, marking its worst day of 2025 (which, to be fair, is only like six weeks old). Additionally, Amazon dropped 0.89%, and consumer discretionary stocks got slapped around. Turns out, people don’t love paying $14 for a Big Mac and $400 for a flight to a city they already hate. 

The big picture here? We’re still stuck in the same chop fest we’ve been in since December. The market wants to break out, but every time it gets close, some new macro boogeyman shows up to ruin the party. Today, it’s inflation fears and trade war drama. Tomorrow, it’ll be something equally exhausting—maybe Jerome Powell blinking too aggressively on live TV. Chris Larkin over at Morgan Stanley’s E-Trade says the market is trying to escape consolidation, but Washington drama could throw a wrench in things. 

(Source: Giphy) 

So yeah, continue to enjoy the mind-numbing range trading while it lasts (said no one ever). Hopefully, tomorrow brings some actual movement when we get the Fed’s January FOMC meeting minutes–Ha! Who am I kidding? Big Daddy Powell & the Boys probably just repacked some vague, noncommittal B.S. about “remaining data-dependent” while simultaneously gaslighting us into thinking they have a clue where this economy is headed. Meaning, stay on your toes, friends and place your bets accordingly! Until next time.. 

If you read all of this, congrats for having a 10 second attention span (better than me). As always, here’s our heatmap for today.

Stocks.News holds positions in Meta and Amazon as mentioned in the article.