Weekend Update & Market Outlook 2 16 26
February 16, 2026
Video description: 30-day stance: Neutral (lean bearish until proven otherwise) Why: The tape just put in a down week across SPY/QQQ/IWM, with QQQ weakest and leadership narrowing—classic “risk-off / rotation” behavior. That said, the next week is stacked with Retail Sales + FOMC minutes + GDP, and big consumer bellwethers (WMT) can quickly change the narrative. If price reclaims key levels quickly, neutral flips bullish; if we keep failing rallies and breaking support, neutral flips bearish.