PickAlpha Evening Insights | 2026-01-23 - Three Trades For The Next Trading Day
• Stocks mixed intraday as corporate earnings drove sector rotations today. • After hours saw no material company or policy headlines.
Market Wrap
Market Recap — Earnings led the tape, with mixed results across regional banks and a defense contractor; guidance moves stood out. Booz Allen posted weaker revenue but stronger adjusted EPS and raised FY2026 guidance while declaring a quarterly dividend. First Citizens reported sequentially higher net income, repurchased $900mn of Class A stock and paid a dividend. BV Financial showed improving profitability with higher FY2025 and Q4 net income versus prior year.
Intraday — Between 08:00 and 16:00 ET, Booz Allen reported Q3 FY2026 revenue of $2.62bn (down 10.2% y/y), adjusted diluted EPS of $1.77 (up 14.2% y/y), updated FY2026 guidance to adj EPS $5.95–$6.15 and declared a $0.59 quarterly dividend; First Citizens posted Q4 2025 net income of $580mn (net to common $566mn, $45.81/share), repurchased 479,470 Class A shares for $900mn and paid a $2.10/share dividend; BV Financial reported FY2025 net income $13.5mn ($1.43) and Q4 net income $4.8mn ($0.57), both higher year-over-year.
After Hours — Per the payload, there were no material company releases or policy/court headlines between 16:00 and 20:00 ET.
Three Trades For The Next Trading Day
1/1 Short $DXY — If between Sunday 2026-01-25 18:00 ET and 20:00 ET $DXY trades at least 0.6% above its Friday 2026-01-23 17:00 ET close, enter short at market; target a 0.4% pullback from entry by Sunday 21:30 ET, with a stop 0.4% above entry or time-stop at Sunday 21:30 ET…
With no scheduled U.S. macro prints or Treasury auctions over the weekend, systematic data surprises are absent and any Sunday FX gap is likely headline-driven. A sizeable safe-haven pop in $DXY on thin liquidity is prone to mean reversion once immediate weekend news flow is absorbed into prices.
Trade credibility: actionability 8.0 | timeliness 8.0 | clarity 8.0