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There are 23 S&P 500 stocks reporting earnings on Tuesday, January 27, and in this update I’m walking through eight of them — a mix of large-cap names with a light emphasis on defense.
As always, I’m looking at price action, market timing, and momentum. But the key theme I want to reinforce in this walkthrough is the importance of having enough chart data to understand where you are in the bigger-picture trend. Sometimes that means compressing your chart. Other times, it means stepping up a timeframe altogether.
🔍 Highlights
1️⃣ UnitedHealth Group (UNH)
UNH is trading around 350.00 and has been recovering since the November 19 low. Price appears to want to trade higher toward the October 28 range, but it hasn’t been able to push cleanly above it yet, which is common behavior around key levels. As long as price remains above the January 28 low, there is room for additional upside, though that upside may be limited toward the 370.00 area.
2️⃣ United Parcel Service (UPS)
UPS has been climbing higher, but when more historical data is pulled into the chart, it becomes clear this move is taking place after a longer-term downtrend. Price has reclaimed the July 2025 high, which is constructive, but momentum is currently pausing. While above the January 2 low, a pullback would be more attractive than chasing strength, with potential scope back toward the March 2025 high.
3️⃣ Nextera Energy (NEE)
NEE continues higher within the context of significant historical congestion. The level that matters most is a daily closing break above the October 28 high. If that level clears while price stays above the January 6 low, a longer-term pathway toward 100.00 could begin to develop over the coming months. Until then, the latest sequence of daily bar highs limits fresh long opportunities without a pause.
4️⃣ Boeing (BA)
BA has advanced back toward 250.00, with RSI pushing into the Bull Resistance Power Zone, detailed in my Four Zones RSI Coverage System, which is something I like to see in a strong market. However, stepping out to a higher timeframe shows that price is not at new highs. The December 2023 high remains an important reference point, putting 260.00 on the radar as a short-term upside target as long as BA holds above the January low.
5️⃣ RTX Corporation (RTX)
RTX is an example of why perspective matters. On a higher timeframe, price is at actual all-time highs. In the near term, the stock is pulling back, which can be constructive for those looking to enter on weakness. As long as price stays above the January 9 low, a resumption higher could target the 215.00 area.
6️⃣ Union Pacific (UNP)
On a daily chart alone, it’s difficult to understand where UNP sits within its broader structure. When the chart is compressed or viewed on a higher timeframe, it becomes clear that this stock has been consolidating for years. In the short term, price is pulling back from the December 16 high, with a potential downside move toward the October 29 range if weakness continues.
7️⃣ Northrop Grumman (NOC)
NOC has pushed above its prior highs, and higher-timeframe charts confirm these as true all-time highs. If this is a longer-term holding and the goal is to re-accumulate on pullbacks, patience may be warranted. With RSI Power Zones pausing, a pullback toward the January 7 range — around 600.00 — would be a more attractive area to evaluate if price rotates lower.
8️⃣ Texas Instruments (TXN)
TXN remains within a wide consolidation that has been developing since late 2024. Despite that backdrop, price is moving higher off the most recent low, keeping bulls in control for now. There is potential resistance ahead near the August 22 range, which could invite a pause or short-term pullback, but as long as momentum holds, upside toward 205.50 remains in focus.
Final Thoughts
Several of these stocks highlight why it’s important to either pull more history onto your charts or step up a timeframe before drawing conclusions. Understanding whether you’re at new highs, reclaiming old ground, or still trapped inside a longer-term range can completely change how you frame risk and opportunity — especially heading into earnings.
If you found this walkthrough helpful, go ahead and hit the Like button over on YouTube!
~Hima
📅 PS — Trader Trainings THIS Week!
Here’s what’s on deck:
TODAY Four Zones RSI Coverage System LIVE Training Update
📅 Kicks of Monday, January 26 at 4:30 PM ET
Ticker Request Live — free weekly trading show
📅 Tuesday, January 27 at 4:30 PM ET
You can view the full lineup here himareddy.com/events
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