According to The Kobeissi Letter, Meta stock ($META) is on the verge of achieving a historic 20-day streak of closing higher, a feat never accomplished before. The stock has surged 19% since January 16th, indicating strong market confidence. Traders should monitor Meta closely as it tests this resistance level, which could influence future trading patterns.

According to The Kobeissi Letter, the NFIB Small Business Uncertainty Index surged by 14 points in January, climbing to 100, which is the third-highest level in history. This represents the largest monthly increase ever recorded and surpasses the spikes seen during the 2020 pandemic and the previous high in 2017. Traders should consider the implications of heightened uncertainty on market volatility.