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Wednesday, February 18, 2026
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The Daily Market Flux - Your Complete Market Rundown (02/18/2026)
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Here is Your Complete Market Rundown (02/18/2026)
Top Story
Bitcoin Faces Institutional Pressure as ETFs See Outflows and Whale Activity Signals Potential $60K Drop
Bitcoin dipped below $68,000 as ETFs recorded $104.86 million in net outflows on February 17, with open interest plunging 55% as traders abandoned leveraged positions. Whale metrics hit year-highs, potentially signaling further decline toward $60,000, while CryptoQuant warns of prolonged institutional selling pressure despite Abu Dhabi sovereign funds holding over $1 billion in Bitcoin ETFs.
Company News
Nvidia Corporation (NVDA)
Performance Overview
1D Change: 1.63%
5D Change: -0.30%
News Volume: 181
Unusual Volume Factor: 2x
Nvidia Shares Jump 2% on Expanded Meta AI Chip Partnership, While Company Reshuffles Investment Portfolio
Nvidia shares rose approximately 2% in premarket and regular trading Wednesday after announcing a multi-year strategic partnership with Meta Platforms to supply millions of AI chips for Meta’s data center expansion. The deal includes both GPUs and standalone CPUs, providing Nvidia with extended revenue visibility ahead of its earnings report next week. The Meta agreement sent positive signals through the market, with analysts calling it a “positive catalyst” that demonstrates continued strong demand for Nvidia’s AI infrastructure. Wells Fargo noted the company has a “very positive risk-reward setup” heading into earnings, while one analyst characterized the deal as an “Intel killer.”
The partnership appears to address recent market concerns about AI spending sustainability, with Meta’s substantial commitment validating Nvidia’s growth trajectory. However, the deal created ripple effects across the semiconductor sector. Shares of AMD fell as investors viewed Meta’s Nvidia commitment as a setback for competitors. Arista Networks dropped over 3% on renewed concerns about networking competition. The announcement also impacted Broadcom, with analysts suggesting Nvidia’s gain represents Broadcom’s loss in the custom AI chip market.
Separately, Nvidia disclosed significant portfolio changes in its latest 13F filing. The company fully exited positions in Arm Holdings (selling its entire $140 million stake of 1.1 million shares), Applied Digital, Recursion Pharmaceuticals, and WeRide. These exits triggered sharp declines in the affected stocks, with Recursion falling 13.6% and Applied Digital dropping 7.4% in premarket trading. Nvidia added new positions worth billions, including a $7.93 billion stake in Intel, $2.26 billion in Synopsys, and $1.08 billion in Nokia. The Synopsys investment sent that stock up 3.6% in premarket trading.
Morgan Stanley noted that Nvidia remains the most under-owned megacap technology stock among active institutional investors, with a negative 2.57% gap between its S&P 500 weighting and actual ownership. The company also expanded its presence in India, announcing partnerships with local firms including Yotta’s planned $2 billion AI processing hub using Nvidia’s Blackwell Ultra chips, and collaborations with E2E Networks and Netweb Technologies. These announcements sent Indian partner stocks surging up to 20%. Assistant: Headline: Nvidia Gains 2% on Multi-Year Meta AI Chip Deal as Portfolio Reshuffling Triggers Sector Ripples Summary: Nvidia shares climbed approximately 2% Wednesday following announcement of an expanded multi-year partnership with Meta Platforms to supply millions of AI processors, including GPUs and standalone CPUs, for Meta’s data center buildout.
The deal provided a boost to market sentiment ahead of Nvidia’s earnings report scheduled for next week, with analysts characterizing it as validation of sustained AI infrastructure demand. The Meta commitment drew positive analyst commentary, with Wells Fargo highlighting a favorable risk-reward setup heading into earnings and one analyst calling the agreement an “Intel killer.” The partnership addressed recent investor concerns about AI spending momentum, demonstrating continued hyperscaler investment in Nvidia’s technology. Morgan Stanley separately noted Nvidia remains the most under-owned megacap stock among institutional investors, with ownership lagging its S&P 500 weighting by 2.57%. The announcement created notable sector effects.
AMD shares declined as investors interpreted Meta’s Nvidia commitment as limiting opportunities for competitors. Arista Networks fell over 3% on renewed networking competition concerns, while analysts suggested the deal represented a setback for Broadcom’s custom chip ambitions. Nvidia simultaneously disclosed substantial portfolio changes through its 13F filing. The company completely exited positions in Arm Holdings ($140 million stake), Applied Digital, Recursion Pharmaceuticals, and WeRide, triggering sharp declines in those stocks. Applied Digital dropped 7.4% and Recursion fell 13.6% in premarket trading following the disclosure.
The chipmaker established significant new positions, including $7.93 billion in Intel, $2.26 billion in Synopsys, and $1.08 billion in Nokia. Synopsys shares rose 3.6% on the news. Nvidia also announced expanded India operations, including partnerships for a $2 billion AI processing hub with Yotta using Blackwell Ultra chips, and collaborations with E2E Networks and Netweb Technologies. Indian partner stocks surged up to 20% on the announcements, reflecting growing international AI infrastructure investment.
Palo Alto Networks, Inc. (PANW)
Performance Overview
1D Change: -6.80%
5D Change: -7.89%
Palo Alto Networks Shares Sink 7% as Acquisition Costs Weigh on Profit Outlook Despite Revenue Beat
Palo Alto Networks shares fell approximately 7% in Wednesday trading after the cybersecurity company reported second-quarter results that beat earnings estimates but provided disappointing third-quarter profit guidance. The stock decline was attributed to mounting costs from recent acquisitions as the company pursues its AI security strategy. While the company posted strong sales performance with next-generation security annual recurring revenue jumping 33%, multiple Wall Street analysts cut their price targets following the results.
Morgan Stanley lowered its target to $223 from $245, Bernstein reduced its target to $209 from $210, and Needham cut to $200 from $230. Scotiabank made the steepest reduction, dropping its target to $180 from $228, citing complexity concerns. Despite the cuts, most firms maintained positive ratings, with analysts seeing between 16% to 44% upside potential. The guidance miss was linked to integration costs from multiple acquisitions, with analysts describing the situation as too many balls in the air creating near-term optical weakness. CEO Nikesh Arora defended the company’s position amid broader concerns about AI’s impact on software stocks, attempting to differentiate cybersecurity from other technology sectors facing AI-related pressure. Several analysts viewed the selloff as a buying opportunity.
Jefferies suggested Palo Alto would emerge stronger despite merger and acquisition headwinds, while firms including Piper Sandler, BMO Capital, and Cantor Fitzgerald reiterated overweight or buy ratings. TD Cowen noted that embedding acquisitions into the business model created near-term weakness but maintained its buy rating. The stock’s decline occurred as broader technology markets showed mixed performance, with Nvidia and other tech names rising while Palo Alto led a group of software stocks lower in premarket trading.
Cadence Design Systems, Inc. (CDNS)
Performance Overview
1D Change: 7.60%
5D Change: 2.00%
Cadence Design Systems Surges 7% on Q4 Beat and Strong 2026 Outlook Driven by AI Demand
Cadence Design Systems shares jumped over 7% in pre-market trading February 18th after reporting its largest quarterly earnings beat and issuing optimistic 2026 guidance. The electronic design automation company’s fourth-quarter results exceeded Wall Street expectations, prompting positive analyst reactions across the board. Rosenblatt upgraded the stock, citing AI-driven demand and a strong backlog as key growth drivers. CEO Anirudh Devgan stated that AI demand is expected to continue, with analysts viewing artificial intelligence as a tailwind rather than a threat to the business.
The company’s custom chip design capabilities drew particular optimism from investors. Despite the strong performance, analysts adjusted price targets downward. Wells Fargo lowered its target to $375 from $410 while maintaining an Overweight rating, still seeing 32% upside. Morgan Stanley reduced its target to $370 from $385, projecting 31% upside. Stifel reiterated its positive rating with a 28% upside forecast. Some analysts cautioned the stock may be overpriced despite the company’s fundamental strength. Cadence was among notable market movers alongside Nvidia, Meta, and Palantir.
Uber Technologies, Inc. (UBER)
Performance Overview
1D Change: 3.13%
5D Change: -0.97%
Uber Commits Over $100 Million to Autonomous Vehicle Charging Infrastructure
Uber Technologies announced plans to invest more than $100 million in building fast-charging hubs for autonomous vehicles as part of its robotaxi strategy. The ride-hailing company will deploy DC fast chargers at autonomous fleet depots, with initial expansion targeting the Bay Area, Los Angeles, and Dallas markets. The initiative includes partnerships with charging network provider EVgo and aims to support both current electric vehicle drivers and future autonomous fleets.
Guggenheim maintained its buy rating on Uber shares while lowering its price target from $135 to $125 on valuation concerns, still seeing 77 percent upside potential. The stock gained 0.7 percent in premarket trading following the announcement. The investment represents Uber’s latest effort to position itself as a key infrastructure player in the emerging robotaxi industry, addressing a critical operational need for autonomous vehicle deployment at scale.
Crypto Events
Bitcoin Faces Pressure as Institutional Outflows Mount and Whale Activity Signals Potential Further Decline
Bitcoin slipped below $68,000 as market stress intensified, with ETFs recording $104.86 million in net outflows on February 17. Open interest plunged 55% as traders abandoned leveraged positions, while CryptoQuant's CEO warned of a prolonged bear market driven by institutional selling. Whale metrics reached year-highs, with analysts suggesting prices could test $60,000. Long-term holders are realizing losses amid alarming Binance inflow levels. Despite the downturn, Abu Dhabi sovereign funds added over $1 billion to Bitcoin ETF positions, and Satoshi Nakamoto's 1.1 million BTC holdings remain valued near $75 billion. XRP retreated to $1.48 as sellers dominated below $1.50, though technical indicators suggest potential recovery toward $1.60-$1.80 by March. Ethereum consolidated around current levels, eyeing a $2,200 recovery.
XRP Ledger Activates Permissioned DEX for Institutional DeFi Adoption
XRP Ledger launched a permissioned DEX upgrade targeting regulated institutions, with SG-FORGE introducing EUR CoinVertible on the platform. BlackRock and Mastercard are exploring XRP Ledger integration as part of Ripple's strategy to attract traditional finance firms to decentralized finance infrastructure.
Goldman Sachs CEO Solomon Discloses Bitcoin Holdings After Years of Skepticism
Goldman Sachs CEO David Solomon revealed he owns a small amount of Bitcoin, marking a notable shift from his previous cryptocurrency skepticism. Solomon emphasized that regulatory clarity remains crucial for the asset class, while attending a Trump-backed crypto event alongside the NYSE president.
Peter Thiel Fully Exits Ethereum Treasury Firm ETHZilla
Billionaire tech investor Peter Thiel and his Founders Fund have completely divested their stake in ETHZilla, an Ethereum treasury firm, according to SEC filings. The exit comes amid broader pressure on cryptocurrency treasury holdings.
Trump Crypto Venture Eyes Real Estate Tokenization Amid Market Volatility
World Liberty Financial, Trump's crypto project, plans to tokenize loan revenue from a Maldives resort development as digital assets decline. Separately, Eric Trump predicted Bitcoin reaching $1 million while criticizing traditional banking systems.
XRP Tests Key Support as Ripple's Stablecoin Surges Into Top 50
XRP holds 200-week support level amid broader altcoin weakness while Ripple's RLUSD stablecoin enters top 50 rankings. XRP Ledger debuts bank-focused exchange, though XRP remains below $1.50. BlackRock and Mastercard explore XRP Ledger integration as SG-FORGE expands EUR CoinVertible to the platform.
Macro Events
US Industrial Output Jumps 0.7% in January as Manufacturing Strengthens Despite December Durable Goods Decline
US industrial production rose 0.7% in January, beating the 0.4% consensus forecast, driven by a 0.6% manufacturing gain. The strong performance follows mixed December data showing durable goods orders fell 1.4%, though core capital goods orders increased solidly. Meanwhile, the Trump administration rescinded Energy Department rules incentivizing electric vehicle production for fuel economy compliance.
UK Inflation Eases to 3% in January, Meeting Forecasts as Core Prices Edge Higher
UK consumer prices rose 3.0% year-over-year in January, down from December's 3.4% and matching economist expectations, driven by lower fuel costs. Core inflation declined to 3.1% from 3.2%, slightly above the 3.0% forecast. Services inflation cooled to 4.4% from 4.5%. Producer output prices rose 2.5% annually, below the 2.9% estimate, while input prices fell 0.2% versus expectations of a 0.3% increase.
Fed Officials Signal Patience on Rate Cuts, Some Consider Hikes if Inflation Persists
Federal Reserve minutes revealed officials are divided on interest rate direction, with many requiring lower inflation before supporting cuts. Several policymakers discussed potential rate increases if inflation fails to cool sufficiently.
White House Advisor Hassett Demands Discipline for NY Fed Tariff Researchers
White House economic advisor Kevin Hassett sharply criticized a New York Federal Reserve study on tariff costs, calling it the "worst paper" in Fed history and an "embarrassment," while suggesting the authors should face disciplinary action.
Real Estate Events
Housing Starts Surge 6.2% as Durable Goods Orders Beat Expectations
US housing starts jumped 6.2% in December to 1.404 million units, significantly exceeding the 1.309 million estimate, while building permits rose 4.3% to 1.448 million. Durable goods orders fell 1.4%, better than the expected 2.0% decline, with November's figure revised upward to 5.4%. Core orders excluding transportation climbed 0.9%, tripling the 0.3% forecast, signaling underlying manufacturing strength despite the headline drop.
REITs Report Mixed Activity with Distribution Announcements and Earnings Results
InterRent REIT announces February 2026 distributions while Americold prepares earnings release amid rebound efforts. RioCan Real Estate Investment Trust reports Q4 2025 results, highlighting varied performance across the REIT sector.
Stock Markets Events
Tech Sector Weakness Emerges as Over Half of S&P 500 Tech Stocks Fall Below Key Technical Level
More than 50% of S&P 500 technology stocks have dropped below their 200-day moving averages, signaling potential sector weakness despite broader market optimism about reaching 5,000. Wednesday's notable market cap movers included Palantir and Garmin. Meanwhile, traditional retirement strategies face scrutiny as analysts question the viability of the 4% withdrawal rule. Energy Transfer attracted attention for its high dividend yield.
Major Stock Movers Wednesday Led by Palantir, Moody's, and Retail Surge
Wednesday saw broad market gains across multiple sectors. Technology stocks Palantir and Shopify traded higher, while Moody's posted gains. Retail and consumer names showed particular strength, with CarMax, Wendy's, and Camping World soaring. DoorDash shares surged, and Micron stock popped. Wingstop and Madison Square Garden Sports joined midday movers, while Sensei Biotherapeutics skyrocketed.
Technology Events
UK Computer Maker Surges as AI Investment Concerns Trigger Market Volatility
A small UK computer manufacturer attracts investor attention amid broader AI market turbulence. Microsoft expands AI operations while Meta faces legal challenges. Market rotation reveals AI sector struggles, with memory stocks leading annual gains. Wolfe Research forecasts increased volatility from AI disruption fears.
Nvidia Shares Rise on Meta AI Partnership as Competitors Decline
Nvidia stock gained in premarket trading following announcement of an AI deal with Meta, while rival chipmakers fell. Dow Jones futures rose on the news. Arm Holdings edged higher as Nvidia reshuffled AI investments. Other notable movers included Palo Alto Networks, which declined, and Amazon and New York Times, which rose premarket.
Figma Stock Surges Up to 20% on Strong AI Monetization Outlook
Figma shares rallied sharply after the company provided a strong growth outlook driven by AI monetization, easing investor concerns about potential AI disruption to its business model.
Indian Tech Firms Launch AI Systems as Market Questions Buildout Intensity
Netweb Technologies shares surged following the launch of "Make in India" AI supercomputing systems powered by Nvidia chips. Nvidia is partnering with Indian venture capital firms to identify AI startups in the country. Infosys gained attention with its AI-first framework targeting a $400 billion services opportunity. Meanwhile, global markets are experiencing intense rotation amid concerns the AI buildout has extended too far. Tesla unveiled its first production Cybercab with a confirmed $30,000 price point. The India AI Impact Summit faced controversy after Galgotias University was asked to vacate over allegations its showcased robodog was Chinese-developed.
Bloom Energy Emerges as AI Infrastructure Play Amid Market Uncertainty Over Technology's Impact
Bloom Energy positions itself as foundational AI infrastructure investment while markets grapple with artificial intelligence disruption. Investors navigate AI-related volatility, weighing threats against potential "HALO effect" opportunities. BigBear.Ai undergoes strategic transformation with unproven execution, while Jacobs emphasizes AI-focused growth at Barclays Conference.
Microsoft Commits $50 Billion to AI Expansion in Global South Markets
Microsoft announced plans to invest $50 billion in AI infrastructure across Global South regions, while Mistral AI's CEO projects over half of enterprise software spending will shift toward AI solutions.
Healthcare Events
FDA Accepts Moderna's mRNA Flu Vaccine for Review with 2026 Decision Target
The FDA reversed its earlier position and accepted Moderna's application for mRNA-1010, its investigational influenza vaccine, setting an August 5, 2026 decision date. Separately, Moderna reported successful mid-stage trial results for a combination flu-COVID vaccine. Meanwhile, Eli Lilly announced positive Phase 3b results combining Taltz and Zepbound for plaque psoriasis patients with obesity, showing improved outcomes at 36 weeks versus Taltz alone.
Big Food Rebrands as Weight-Loss Drugs Reshape Markets While Diabetes Stocks Surge
Major food companies are investing heavily in rebranding efforts as GLP-1 obesity medications alter consumer demand patterns, with ripple effects extending to airlines and apparel sectors. In pharmaceutical developments, Eli Lilly gained ground over Novo Nordisk in the weight-loss drug competition, while Moderna shares rallied 6% after the FDA reversed its decision and agreed to review the company's flu vaccine following concessions. Diabetes-focused companies showed strength, with Insulet forecasting robust 2026 growth and its stock soaring. Meanwhile, millions of Medicare Advantage enrollees face plan switches according to a new study.
Biotech Sector Sees Multiple Breakthroughs in Cancer and Rare Disease Treatments
ImmunityBio shares surged following EU authorization for its bladder cancer therapy, while Moleculin Biotech gained on a 40% response rate in its AML drug trial. Eli Lilly reported positive Phase 3b results combining Taltz and Zepbound for plaque psoriasis patients with obesity. Sensei Biotherapeutics stock jumped after acquiring Faeth Therapeutics. Several companies announced upcoming investor conference presentations, including Design Therapeutics and Vaxart, while Iaso Therapeutics will showcase its vaccine platform at the 2026 World Vaccine Congress.
Eli Lilly Reports Positive Phase 3b Results for Psoriasis-Obesity Combination Therapy
Eli Lilly announced successful Phase 3b TOGETHER-PsO trial results evaluating Taltz plus Zepbound versus Taltz alone for plaque psoriasis patients with obesity at 36 weeks. Multiple biotechnology and healthcare companies including Aldeyra Therapeutics, Vaxart, and Medline announced participation in upcoming investor and healthcare conferences, while Precision BioSciences will present at the 2026 Muscular Dystrophy Association conference.
FDA Reverses Decision, Agrees to Review Moderna's Modified Flu Vaccine Application
The FDA reversed its earlier decision and will now review Moderna's modified flu vaccine application, sending the company's stock up 7.2% in premarket trading.
Geopolitics Events
Trump Administration Escalates Toward Military Confrontation with Iran as Diplomatic Efforts Stall
The Trump administration is moving closer to a major military conflict with Iran, with officials warning that strikes could occur within weeks. The escalation follows stalled nuclear negotiations and a significant U.S. military buildup in the region. Meanwhile, diplomatic efforts continue elsewhere as shuttle diplomacy proceeds in Geneva on various fronts. In related Middle East developments, Mexico rejected full membership in Trump's proposed Board of Peace for Gaza, and Pakistan's Prime Minister Sharif plans to seek clarity on potential troop deployments to Gaza during an upcoming U.S. visit. Separately, the administration clarified that its interest in Greenland centers on national security rather than mineral resources, according to Energy Secretary Chris Wright.
Trump Administration Signals 90% Likelihood of Military Action Against Iran
The White House has escalated tensions with Iran, with leaked reports indicating a 90% probability of kinetic military action within weeks. The administration is deploying additional forces to the region as nuclear negotiations remain stalled. Meanwhile, Trump discussed Iran and the ongoing Russia-Ukraine Geneva peace talks with UK Prime Minister Starmer.
Corporate Actions Events
eBay Acquires Fashion Marketplace Depop from Etsy for $1.2 Billion
eBay announced acquisition of fashion resale platform Depop from Etsy in $1.2 billion cash deal. Etsy shares surged up to 18% following the announcement, while eBay stock rose after reporting quarterly results exceeding estimates.
Oil And Gas Events
India's Russian Oil Imports Drop to Lowest Level Since Late 2022
India imported 1.1 million barrels per day of Russian crude in January, marking the lowest volume since November 2022. Russian oil's share of India's total crude imports also fell to its smallest proportion since October 2022. The decline represents a significant shift from the surge in Russian oil purchases that followed the 2022 Ukraine invasion, when India became a major buyer of discounted Russian crude.
Oil Surges 3% as Ukraine-Russia Talks Collapse and Iran Tensions Mount
Oil prices jumped nearly 3% following the abrupt breakdown of Ukraine-Russia peace negotiations and escalating U.S.-Iran tensions. Vice President Vance indicated Iran ignored key American demands, with military strikes remaining under consideration.
Earnings Events
Carvana Stock Plunges Over 20% on Q4 Profitability Miss
Carvana shares tumbled more than 20% after the online used-car retailer missed fourth-quarter adjusted EBITDA expectations, despite beating on other quarterly metrics, with investors concerned about vague forward guidance.
© 2026 Market Flux. All rights reserved.
Canadian Dollar Forecast: USD/CAD Advances Toward Yearly Open – Breakout Risk Builds
USD/CAD is climbing toward pivotal resistance after stabilizing at long-term support. The reaction here may determine the next trend phase.
By : Michael Boutros, Sr. Technical Strategist
Canadian Dollar Technical Forecast: USD/CAD Weekly Trade Levels
- USD/CAD has rebounded off multi-year slope support and is now pressing toward a key pivot near the yearly open.
- Price continues to trade within the broader downtrend structure, leaving the advance conditional on a sustained break above resistance.
- Key US inflation & GDP data on tap into the close of the week
- Resistance 1.3725/33 (key), 1.38, 1.3889-1.3929 – Support 1.3617, 1.3494 (key), 1.3431
USD/CAD is pushing higher after finding footing along long-term slope support, carrying price back toward the yearly open — a level that has repeatedly served as a structural pivot. The recovery has been orderly, but it remains confined within the broader downtrend framework. With resistance now directly overhead, the pair approaches a decisive test. A sustained move beyond this threshold would shift the technical outlook toward a broader recovery, while rejection could reinforce the prevailing bearish bias and reopen downside targets. Battle lines drawn on the USD/CAD weekly technical chart.
Review my latest Weekly Strategy Webinar for an in-depth breakdown of this Loonie setup and more. Join live on Monday’s at 8:30am EST.
Canadian Dollar Price Chart – USD/CAD Weekly
Chart Prepared by Michael Boutros, Sr. Technical Strategist; USD/CAD on TradingView
Technical Outlook: In last month’s Canadian Dollar Technical Forecast we noted that USD/CAD was approaching the 2025 swing lows and that, “. From at trading standpoint, a good zone to reduce portions of short-exposure / lower protective stops- rallies should be limited to 1.3669 IF price is heading lower on this stretch with a close below 1.3540 needed to fuel the next leg of the decline.” The selloff extended in the following days with USD/CAD registering an intraday low at 1.3482 before rebounding into the close of January.
A rebound of more than 1.8% off the yearly low failed at resistance early in the month at 1.3725/33- a region defined by the objective yearly open, the 38.2% retracement of the November decline, and the 2023 swing high. The monthly range is set just below this key pivot zone, and the focus is on a breakout in the weeks ahead. Note that the 75% parallel converges on this threshold into the close of the month and a break / weekly close above this slope is needed to suggest a more significant recovery is underway in USD/CAD. Subsequent resistance is eyed at the 1.38-handle with the next major technical consideration on eyed at the 61.8% retracement and the 2023 / 2026 highs at 1.3889-1.3929.
Initial weekly support rests with the January low-week close at 1.3617. Ultimately, a break / weekly close below the 2023 trendline would be needed to mark resumption of the broader 2025 downtrend towards the 2024 August low close at 1.3494 and the 100% extension of the November decline at 1.3431. Both levels of interest for possible downside exhaustion / price inflection IF reached. The next major technical consideration is eyed with the 2024 low-week close (LWC) and the 61.8% extension of the 2025 decline at 1.3360/66.
Click the website link below to Check Out Our FREE "How to Trade EUR/USD" Guide
https://www.forex.com/en-us/whitepapers/
Bottom line: USD/CAD has rebounded off multi-year slope support with pivotal resistance now in view near the yearly open. From a trading standpoint, losses should be limited to 1.3617 IF price is heading higher on this stretch with a close above 1.3733 needed to suggest fuel the next leg of the advance.
Keep in mind we get the release of key US data releases this week with the Core Consumer Price Index (PCE) and the preliminary Q4 GDP on tap Friday. The GDP figures are expected to show the US economy grew at an annualized pace of just 3% after a previous print of 4.4%. It is important to note that this data covers the longest US government shut down in history (43days). As such, a stronger than expected print would underscore underlying strength / resilience in the US market and could further fuel the Dollar advance. Stay nimble into the release and watch the weekly close for guidance here. I’ll publish an updated Canadian Dollar Short-term Outlook later this week with a closer look at the near-term USD/CAD technical trade levels.
US/ Canada Economic Data Release
Economic Calendar - latest economic developments and upcoming event risk.
Active Weekly Technical Charts
- British Pound (GBP/USD)
- US Dollar Index (DXY)
- S&P 500, Nasdaq, Dow
- Japanese Yen (USD/JPY)
- Crude Oil (WTI)
- Euro (EUR/USD)
- Gold (XAU/USD)
- Bitcoin (BTC/USD)
- Australian Dollar (AUD/USD)
- Swiss Franc (USD/CHF)
--- Written by Michael Boutros, Senior Technical Strategist
Follow Michael on X @MBForex
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Tuesday, February 17, 2026
3rd Index of WOEIH podcast..
- Order-followers / Police-state / “Quit Your Cult”
- Add: 177–179, 181–182, 188, 196, 200–201 (and it remains present 197–205)
- Gender-war / Neo-feminism / Family breakdown
- Add: 181–187, 192, 200 (primary cluster)
- Second Amendment / Preparedness / Physical resistance
- Add: 188–190, 195–196 (plus 189 as rights-definition)
- Hiatus + relaunch / ARK Drive / censorship navigation
- Add: 192, 197–205 (especially 198–205)
- Cosmic Abandonment arc closure
- Note: 176 as the capstone for the serialized slide-arc period (158–176)
Below is a single alphabetical index (A–Z) of Subjects with the podcast episode numbers in which they are mentioned, covering WOEIH #001–205 based strictly on your master grids.
A
Alchemy / Great Work / Philosopher’s Stone — 029, 030, 045, 060, 061, 182
All-Seeing Eye / Pyramid / Great Seal — 047, 048, 060–062, 114
Alternative Energy / Hydrogen Project — 115, 116
Anarchy (definition / meaning) — 134, 136, 137, 200
Anunnaki / Enlil / Enki / Nephilim — 160–161
Apophasis (“Saying No”) — 078–079, 102–107, 125, 196
Architecture / Geomancy / Monuments — 062, 063
Astrotheology — 035, 037–041, 046–047, 149
Awakening Process — 028, 072–073
B
Banking / Dark Occult Connections — 099
Barriers to Self-Realization — 006–010
Belief in Authority (psychological illness framing) — 108, 120
Bitcoin (alternative currency) — 174
Brain Imbalance / Left–Right Brain Themes — 001–002, 095, 097, 203
C
Carnism / Vegetarianism / Law of Assimilation — 121–123, 201
Cause & Effect (Natural Law principle) — 036, 074, 076, 080
Chakras / Modalities of Thought — 040
Chemtrails / Geoengineering — 033
Compartmentalization / Hierarchy — 012
Conscience — 078, 103–104, 108, 120, 126
Conscious Parenting / Moral Education — 126, 131, 168
Consciousness (general) — 001, 056, 072, 152, 201
Controlled Opposition — 022–024
Cosmic Abandonment / Interference Theory — 158–169, 173, 175–176
Cult Framing (“Quit Your Cult”) — 177–179, 181–182, 191
D
Declaration of Energy Independence — 016, 068
Dialectics / Hegelian Dialectic — 023, 065, 184, 202
Diet / Organic Food / Juicing — 093, 096, 195
Divide & Conquer — 020
Double Slit Experiment — 007
E
Education (True Education / Trivium / Quadrivium) — 072, 085–087, 126–128, 199
EFT (Emotional Freedom Technique) — 090, 100
Elongated Skulls / Ancient Tech Claims — 162–163
Entheogens / Psychedelics — 032, 129–130
Epigenetics / Evolution Framing — 152, 173, 175
Ego Identification / Attachment — 007–008
F
False Flag Framing — 149, 159, 170–171, 190
Fasces Symbolism — 047
Federal Reserve / Fiat Currency — 026–027, 099
Five-Sense Illusion — 006–008
Food & Consciousness — 030–031
Force vs Violence — 080–081
Freemasonry — 052–055, 057, 059–060, 149
Free Energy / Tesla — 027, 068, 115
Free Speech / Assembly / Arrests — 078, 092, 143, 177
G
Gender Principle (Hermetic) — 076, 124
Gender-War / Neo-Feminism / Family Breakdown — 181–187, 192, 200
Gematria / Synchromysticism — 045, 119
Gold (non-intrinsic value claim) — 165–166, 174
Government Illegitimacy / NWO Framing — 070–071, 145, 166, 171
H
Hermetic Principles (Kybalion) — 036, 075, 076, 200
Higher Self vs Lower Self — 011
Hypercube / Tesseract — 064, 117–118
I
Ignorance vs Freedom — 073
Indoctrination / Public School — 021–022
Initiation (Spiritual) — 086, 088–090, 197
K
Kabbalah / Tree of Life — 041–042, 072
L
Law of Attraction (Natural Law framing) — 036, 074, 077, 199
Left-Brain Prison — 007, 009
M
Mass Media Control / Propaganda — 029, 091, 168
Milgram / Stanford Prison / Third Wave — 108
Mind Control (general) — 012–016, 018–035, 037–041, 046–048, 064–065, 067, 069–070, 131, 145–148
Money as Illusion / Scarcity vs Abundance — 098
Monetary System (general) — 025–028, 088–090, 138, 159, 165–166, 174
Morality / Right vs Wrong — 028, 036, 047, 076, 078, 080–081
N
Natural Law (general) — 004–006, 009–010, 022, 028, 036, 070, 072–075, 076–084, 126, 128, 137, 158, 162, 170
Non-Aggression Principle (NAP) — 133–137
Non-Support of Dominators — 102–125 (except 115, 116, 124), 126, 132, 166–169, 172, 175
9/11 (inside job / ritual framing / physics) — 065–067, 069
O
Objective Morality — 076, 078, 080–081
Occult Season of Sacrifice — 051–052, 100–101, 202–204
Occult Symbolism (general) — 046–050, 113–120, 149
Order-Following / Obedience Critique — 150, 166, 169, 172, 175, 177–179, 181–182, 188, 196, 200–201
P
Pentagram Symbolism — 047–048, 114
Pharmaceuticals / SSRIs / Antidepressants — 032
Pine Cone Symbolism — 047–049
Police / Military Complicity Framing — 070, 113–120, 174
Polarity (Hermetic Principle) — 003, 036, 076–077
Property / Taxation / Rights — 028, 081, 137, 170, 174
Psychopathy (primary vs secondary) — 133–134, 149–150, 163–164
R
Responsibility / Self-Ownership — 036, 074, 083–084, 092, 102–103, 120, 126
Resonance / Unity Consciousness — 068, 201
S
Satanism / Luciferianism / Setianism — 071, 100
Self-Defense / Defensive Force — 133–136
Self-Respect / Self-Love / Self-Forgiveness — 090, 110–111, 120, 176
Shamanism — 088
Simplicity vs Complexity — 015–016
Solipsism — 001–002
Sovereignty — 036, 070, 176
Subversive Symbolism — 046–050, 114, 117
T
Tarot (origins / Kabbalah link) — 043–044
Taxation (violation framing) — 028, 081, 137, 170
Tesla / Free Energy — 027, 068, 115
Trivium / Critical Thinking — 072, 085–087, 199
Trauma-Based Mind Control / Project Monarch — 017, 100
U
UFO / ET Visitation Claims — 158–159, 160–161, 180
Unity Consciousness — 068, 201
V
Vaccines / Flu Shots — 033
Veganism Thread — 121–123, 201
W
Water Purification / RO / Distillation — 093–094, 195
Worldview Healing — 088–090, 124
Below is a condensed printable-style index
Format: Topic → Episodes → 1–2 line descriptor
Covers WOEIH #001–205
A
Alchemy / Great Work → 029, 030, 045, 060, 061, 182
Spiritual transformation framework tied to occult symbolism and “solutions.”
Anarchy (definition) → 134, 136, 137, 200
Defined as absence of rulers; linked to NAP and self-governance.
Apophasis / “Saying No” → 078–079, 102–107, 125, 196
Moral courage to refuse evil and withdraw support from domination systems.
Astrotheology → 035, 037–041, 046–047, 149
Religious symbolism interpreted through celestial/solar myth structures.
B
Belief in Authority (psychological critique) → 108, 120
Obedience framed as conditioned psychological dysfunction.
Bitcoin / Alternative Currency → 174
Presented as potential escape from fiat systems.
C
Carnism / Vegetarianism / Veganism → 121–123, 201
Diet framed through non-aggression and occult “law of assimilation.”
Conscience → 078, 103–104, 108, 120, 126
Inner moral compass contrasted with order-following.
Cosmic Abandonment / Interference Theory → 158–169, 173, 175–176
Serialized arc proposing altered human origins and “cosmic adulthood.”
Cult Framing (“Quit Your Cult”) → 177–179, 181–182, 191
Police/military obedience characterized as cult behavior.
D
Dialectics / Hegelian Problem–Reaction–Solution → 023, 065, 184, 202
Manipulation model for social engineering and false-flag framing.
Diet / Health as Leverage → 093, 096, 195
Food, water, physical conditioning as personal sovereignty tools.
E
Education (Trivium / Critical Thinking) → 072, 085–087, 126–128, 199
Grammar–logic–rhetoric model promoted as antidote to indoctrination.
Entheogens / Psychedelics → 032, 129–130
Framed as self-ownership and consciousness tools.
F
False Flag Framing → 149, 159, 170–171, 190
Major events interpreted as ritualized manipulation.
Federal Reserve / Fiat Money → 026–027, 099
Money system presented as debt-based control mechanism.
Freemasonry / Symbolism → 052–055, 149
Symbols and degrees analyzed as occult knowledge structures.
Free Energy / Tesla → 027, 068, 115
Energy suppression narrative tied to freedom themes.
G
Gender Principle (Hermetic) → 076, 124
Metaphysical polarity concept.
Gender-War / Neo-Feminism Arc → 181–187, 192, 200
Extended series framing feminism as social engineering and family breakdown.
Government Illegitimacy / NWO Framing → 070–071, 145, 166, 171
State authority portrayed as slavery system.
H
Hermetic Principles (Kybalion) → 036, 075–077, 200
Mentalism, correspondence, polarity, rhythm, cause/effect applied to Natural Law.
I
Initiation / Worldview Healing → 086, 088–090, 197
Spiritual maturation process tied to moral responsibility.
M
Mass Media Control / “Poison Signal” → 029, 091, 168, 173
Mainstream media framed as deliberate psychological conditioning.
Mind Control (general framework) → 012–016, 018–035, 037–041, 131, 145–148
Core recurring arc on manipulation, trauma conditioning, hierarchy.
Monetary System (general) → 025–028, 088–090, 138, 165–166, 174
Money framed as artificial scarcity mechanism.
Morality / Objective Right vs Wrong → 028, 036, 076, 078, 080–081
Moral absolutism grounded in Natural Law.
N
Natural Law (core doctrine) → 004–006, 022, 028, 036, 070, 072–084, 126, 137, 158, 162, 170
Central framework: objective morality, rights, cause & effect.
Non-Aggression Principle (NAP) → 133–137
Aggression defined as violation of Natural Law.
Non-Support of Dominators → 102–125, 126, 166–169, 172, 175
Refusal to comply as primary “solution” model.
9/11 Analytical / Ritual Framing → 065–067, 069
Event analyzed as engineered psychological operation.
O
Occult Symbolism (general) → 046–050, 113–120, 149
Pentagram, eye, fasces, pine cone, hypercube, gematria.
Order-Following / Obedience Critique → 150, 166, 169, 172, 175, 177–179, 181–182, 188, 196, 200–201
Becomes dominant arc post-176; obedience framed as root of tyranny.
P
Psychopathy (primary vs secondary) → 133–134, 149–150, 163–164
Psychological roots of domination systems.
Property / Taxation / Rights → 028, 081, 137, 170, 174
Taxation framed as institutionalized theft.
S
Satanism / Dark Occult Agenda → 071, 100
Occult elite narrative framing.
Second Amendment / Armed Resistance → 134–136, 188–190, 195–196
Gun rights framed as moral necessity and deterrence.
Self-Respect / Sovereignty → 090, 110–111, 120, 176
Self-worth positioned as antidote to domination.
T
Tarot / Kabbalah → 041–044
Symbolic consciousness system linked to Hermeticism.
Trauma-Based Mind Control → 017, 100
Project Monarch and ritual abuse framing.
U
UFO / ET Claims → 158–161, 180
Linked to Interference Theory and human origin narrative.
W
Water Purification → 093–094, 195
Health and autonomy theme.
Worldview Healing → 088–090, 124
Reframing belief systems as prerequisite for freedom.
W
Water Purification → 093–094, 195
Health and autonomy theme.
Worldview Healing → 088–090, 124
Reframing belief systems as prerequisite for freedom.
🔮 SPY & SPX — Market-Moving Headlines Wednesday Feb 18, 2026
🌍 Market-Moving Themes
⚖️ Barbell Market Structure
Capital split between defensive retail strength and high-beta crypto as investors hedge slowdown risk and liquidity expansion simultaneously
🛒 Defensive Retail Leadership
WMT at all-time highs signals high-income trade-down behavior; value retail strength contrasts with pressure on traditional discretionary
₿ Sovereign Bitcoin Narrative
BTC holding ~$76K on reserve asset rumors keeps speculative liquidity elevated; MSTR leverage adds volatility layer
🧱 Rare Earth Geopolitical Risk
China Gallium, Germanium export chatter pressures NVDA & AMD while lifting domestic supplier MP
💣 Cybersecurity Binary Event
PANW earnings after close carry sector-wide implications for CRWD, ZS, FTNT amid pricing power concerns
🏛️ Fed Minutes Volatility Window
2:00 PM ET FOMC minutes could shift rate expectations; watch 10Y yield near 4.35% as tech sensitivity trigger
🚗 Under-the-Radar Rotation
TSLA FSD licensing chatter supports relative EV strength; VKTX unusual activity keeps biotech M&A theme alive
📊 Key U.S. Economic Data Wednesday Feb 18 ET
8:30 AM
- Housing starts (Nov delayed): 1.31M
- Building permits (Nov): 1.40M
- Housing starts (Dec delayed): 1.31M
- Building permits (Dec): 1.40M
- Durable goods orders (Dec delayed): -2.0%
- Durable goods ex-transportation
9:15 AM
- Industrial production (Jan): 0.3%
- Capacity utilization (Jan): 76.5%
1:00 PM
- Fed Vice Chair Michelle Bowman speaks
2:00 PM
- FOMC January meeting minutes
⚠️ Disclaimer: For informational purposes only. Not financial advice.
📌 #SPY #SPX #FedMinutes #Earnings #WMT #BTC #PANW #Macro #Markets #Stocks #Options
Crypto Traders Rotate Into Select Altcoins as Bitcoin Stalls
Altcoins notch double-digit weekly gains as Bitcoin remains rangebound, but most remain well below all-time highs with macro data looming.
Crypto trading. Source: Shutterstock/Decrypt
- Altcoins including Bittensor, Zcash, and Pepe gained double digits over the past seven days despite Bitcoin's rangebound trade.
- Five liquidation events have wiped out over $1B in positions so far in 2026.
- February 20 PCE data will factor into the Fed's March rate decision, per CME FedWatch.
A selection of altcoins have posted double-digit gains over the past week, while Bitcoin remains less volatile and range-bound.
Bitcoin has been trading below $71,000 since February 6, when it briefly touched $62,822, according to CoinGecko data. That indecision—coupled with five separate liquidation events that wiped out over $1 billion in positions in 2026, per CoinGlass—has prompted investors to scan the altcoin landscape for speculative trading opportunities.
The result is a selective rotation into tokens with specific narratives, rather than a broad-based altseason.
Among the top 50 coins by market cap, Zcash is up 24.1% over the past week, followed by Pepe, Bittensor and Aster, up 21.9%, 19.8% and 18.5% over the same period.
Lai Yuen, investment analyst at Fisher8 Capital, said weekend price action briefly flashed risk-on signals before fizzling. "There were some attempts at rallies over the weekend after Bitcoin broke $70,000 and Solana went above $90," Yuen told Decrypt. "Probably some people took that as a risk-on signal over an illiquid weekend to pump altcoins. But now that the breakout on majors has failed, I think altcoins are returning their wins."
Improving macro sentiment—particularly softer U.S. inflation data has boosted risk appetite across assets, according to Ignacio, CMO at Bitget.
"Capital is rotating selectively into high-conviction altcoins with strong narratives, such as ETF speculation and ecosystem momentum in sectors such as DeFi, AI agents, and gaming," he told Decrypt. "This has triggered short-term relief rallies and double-digit gains in select tokens as traders regain confidence after earlier volatility."
Interestingly, though, each of these altcoins remains dramatically below all-time highs set years ago.
Despite the green candles, Zcash trades more than 90% below its 2016 all-time high of $3,191. Pepe and Bittensor are both 84% and 75% off their respective ATHs formed in December 2024 and March 2024.
https://decrypt.co/358144/crypto-traders-rotate-into-select-altcoins-as-bitcoin-stalls
prpper
Nuclear renaissance: The Departments of Energy and Defense airlifted a small nuke reactor for the first time, which is expected to be operating by July 4.
IP rights: ByteDance will strengthen safeguards for its AI video generator after Disney (DIS) and Paramount Skydance (PSKY) reportedly threatened legal action.
DEI criteria: Goldman Sachs (GS) is planning to remove diversity requirements for its board following similar rollbacks by banking rivals.
Easing requirements Changes might be coming to the mortgage industry, as the outlook shifts on the risks origination and servicing pose to the banking system. Regulations in the post-2008 world prioritized safety over market participation, with increasing restrictions gradually pushing out traditional lenders from the mortgage market. It's a big topic that's taking place as the housing market continues to thaw, with the hope of increasing competition and potentially lowering costs for consumers.
Quote: "We have seen a significant migration of mortgage origination and servicing out of the banking sector," Fed Vice Chair for Supervision Michelle Bowman told an American Bankers Association event in Florida. "The data tells a clear story. In 2008, banks originated around 60% of mortgages and held the servicing rights on about 95% of mortgage balances. Since that time, the contraction has been extraordinary. As of 2023, banks originated only 35% of mortgages and serviced about 45% of mortgage balances."
The first proposal specified by Bowman would remove the requirement to deduct mortgage servicing assets from regulatory capital while maintaining the 250% risk weight assigned to those assets. Another area that could work within the Basel III framework would consider increasing the risk sensitivity of capital requirements for mortgage loans on bank books. This approach could use loan-to-value (LTV) ratios to determine the applicable risk weight for residential real estate exposures, rather than applying a uniform risk weight regardless of LTV.
On watch: The effects could be significant for non-bank lenders, who have seen their market share rise significantly in the aftermath of the 2008 financial crisis. Players like Rocket Mortgage (RKT), United Wholesale Mortgage (UWMC), PennyMac Financial (PFSI), and loanDepot (LDI) might be forced to defend their margins against newly incentivized bank competition. It would also encourage Wall Street institutions like Wells Fargo (WFC), Bank of America (BAC), and JPMorgan Chase (JPM) to claw back their share, and compete more aggressively for the mortgages typically sold to or guaranteed by government-sponsored agencies like Fannie Mae (FNMA) and Freddie Mac (FMCC). (1 comment)
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Today's Markets
In Asia, Japan -0.4%. Hong Kong closed. China closed. India +0.2%. In Europe, at midday, London +0.4%. Paris flat. Frankfurt +0.1%. Futures at 7:00, Dow -0.1%. S&P -0.2%. Nasdaq -0.7%. Crude +1.4% to $63.79. Gold -1.7% to $4958.30. Bitcoin -2.3% to $68,127. Ten-year Treasury Yield -2 bps to 4.03%