{"id":236831,"date":"2026-01-06T11:37:01","date_gmt":"2026-01-06T16:37:01","guid":{"rendered":"https:\/\/ibkrcampus.com\/campus\/?p=236831"},"modified":"2026-01-06T11:42:30","modified_gmt":"2026-01-06T16:42:30","slug":"navigating-market-risk-heading-into-2026-with-tyler-wood","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/podcasts\/ibkr-podcasts\/navigating-market-risk-heading-into-2026-with-tyler-wood\/","title":{"rendered":"Navigating Market Risk Heading Into 2026 with Tyler Wood"},"content":{"rendered":"\n<p>Markets are sitting near record highs, but are investors overlooking key warning signs? Tyler Wood of the Chartered Market Technicians Association joins Andrew Wilkinson to break down Fed policy, sector rotation, AI enthusiasm, commodities, and the technical signals that could shape market risk and opportunity heading into 2026.<\/p>\n\n\n\n<iframe title=\"Navigating Market Risk Heading Into 2026 with Tyler Wood\" allowtransparency=\"true\" height=\"150\" width=\"100%\" style=\"border: none; min-width: min(100%, 430px);height:150px;\" scrolling=\"no\" data-name=\"pb-iframe-player\" src=\"https:\/\/www.podbean.com\/player-v2\/?i=sd68a-1a0ec2a-pb&#038;from=pb6admin&#038;share=1&#038;download=1&#038;rtl=0&#038;fonts=Arial&#038;skin=1b1b1b&#038;font-color=ffffff&#038;logo_link=episode_page&#038;btn-skin=c73a3a\" loading=\"lazy\"><\/iframe>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-summary-ibkr-podcasts-ep-338\">Summary \u2013 IBKR Podcasts Ep. 338<\/h2>\n\n\n\n<p><em>The following is a summary of a live audio recording and may contain errors in spelling or grammar. Although IBKR has edited for clarity no material changes have been made<\/em>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-andrew-wilkinson-nbsp\"><strong>Andrew Wilkinson<\/strong>&nbsp;<\/h3>\n\n\n\n<p>Welcome everybody.&nbsp;I&#8217;d&nbsp;like to welcome back to the program Tyler Wood from the Chartered Market Technicians Association, or the CMT. Tyler, welcome.&nbsp;It&#8217;s&nbsp;December. How are you?&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-tyler-wood-nbsp\"><strong>Tyler Wood<\/strong>&nbsp;<\/h3>\n\n\n\n<p>I am doing great, Andrew. Good to see you. Happy holidays.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-andrew-nbsp-wilkinson-nbsp\"><strong>Andrew&nbsp;Wilkinson<\/strong>&nbsp;<\/h3>\n\n\n\n<p>And&nbsp;happy&nbsp;holidays to you.&nbsp;Let&#8217;s&nbsp;start&nbsp;by&nbsp;a little discussion. From a 10,000-foot view,&nbsp;we&#8217;re&nbsp;hovering at&nbsp;record highs for stocks. Give us your sense of the overall health of the market.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-tyler-wood-nbsp-0\"><strong>Tyler Wood<\/strong>&nbsp;<\/h3>\n\n\n\n<p>Well, last time I checked, when markets are at all-time highs,&nbsp;that&#8217;s&nbsp;not&nbsp;a bad thing.&nbsp;Tends to&nbsp;happen in bull markets, not bear markets. And last Thursday, we&nbsp;broke&nbsp;above that&nbsp;6,900. What everybody is aware of is the fragility of this market, so we&nbsp;couldn&#8217;t&nbsp;hold those highs. Friday was a selloff, and we came into the week understanding that&nbsp;there&#8217;s&nbsp;some weakness in the technology sector, which has been the leading group for most of this year. But&nbsp;we&#8217;re&nbsp;a thousand points higher than we were at the start of 2025 in the S&amp;P 500, and&nbsp;that&#8217;s&nbsp;not something to look away from.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-andrew-wilkinson-nbsp-0\"><strong>Andrew Wilkinson<\/strong>&nbsp;<\/h3>\n\n\n\n<p>How different does the stock market look today compared to a year ago? You say&nbsp;we&#8217;ve&nbsp;done a thousand points on the S&amp;P,&nbsp;probably 20%. What does it look like in terms of leadership?&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-tyler-wood-nbsp-1\"><strong>Tyler Wood<\/strong>&nbsp;<\/h3>\n\n\n\n<p>So&nbsp;coming into 2025, we certainly saw technology as a theme&nbsp;emerging, but we also saw a lot of concentration, narrow breadth. And&nbsp;so&nbsp;if&nbsp;I&#8217;m&nbsp;comparing mid-December to where&nbsp;we&#8217;re at&nbsp;in the beginning of January, and some of the fears about just how stretched and thin the leadership was, I&nbsp;don&#8217;t&nbsp;see that right now.&nbsp;We&#8217;ve&nbsp;had a broadening not just across all sectors of the market, but also across the technology sector itself. And&nbsp;we&#8217;re&nbsp;seeing broad-based participation up and down the cap scale, which is&nbsp;a very healthy&nbsp;sign.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-andrew-wilkinson-nbsp-1\"><strong>Andrew Wilkinson<\/strong>&nbsp;<\/h3>\n\n\n\n<p>I was just going to come on to the dominance of AI. Isn&#8217;t this repricing of big tech&nbsp;somewhat healthy?&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-tyler-wood-nbsp-2\"><strong>Tyler Wood<\/strong>&nbsp;<\/h3>\n\n\n\n<p>Yeah, great question.&nbsp;So&nbsp;we held a conference for global investors in Dubai about a month ago. And one of the discussions that really&nbsp;resounded to&nbsp;me was the idea of this AI bubble. And we lined up&nbsp;a number of&nbsp;CMT charter holders and&nbsp;really prominent&nbsp;investment managers and strategists, and they said, \u201cOh,&nbsp;there&#8217;s&nbsp;a bubble? Show me where it is. Like,&nbsp;I&#8217;m&nbsp;running towards it.\u201d Because you can make your&nbsp;career in&nbsp;a bubble if you understand what&nbsp;you&#8217;re&nbsp;doing.&nbsp;So&nbsp;let&#8217;s&nbsp;break that down.&nbsp;The structural elements, right?&nbsp;Maybe what&nbsp;Dave Lundgren has referred to as the&nbsp;fundamentals&nbsp;bubble, meaning&nbsp;we&#8217;re&nbsp;still seeing earnings beats by companies like Nvidia.&nbsp;That&#8217;s&nbsp;a wonderful sign. We also know that the forensic accountants, the Michael&nbsp;Burrys&nbsp;out there, have noticed the circular financing\u2014the same sort of elements that were present in the late 1990s with the dot-com bubble.&nbsp;<\/p>\n\n\n\n<p>So&nbsp;knowing that there is that kind of concentration, knowing that we have some circular financing happening,&nbsp;that&#8217;s&nbsp;not the trigger.&nbsp;That&#8217;s&nbsp;simply the ingredients for this bubble. And what the commentary from our conference several months ago was that most human beings tend to underestimate what technology can do&nbsp;in the long run, right?&nbsp;So&nbsp;the internet is still around. There are plenty of dot-com companies that went&nbsp;outta&nbsp;business in 2001. The internet has changed life as we know it.&nbsp;And&nbsp;so&nbsp;to understand that artificial intelligence and&nbsp;all of&nbsp;the expressions of what this AI revolution might do for our day-to-day life, for business practice, for efficiency\u2014that is&nbsp;really hard&nbsp;for us to&nbsp;comprehend. But in the short run, we tend to overdo it. We get excited.&nbsp;<\/p>\n\n\n\n<p>But what you tend to see is that Wall Street analysts underestimate what these companies can do, and quarter after quarter,&nbsp;they&#8217;re&nbsp;beating estimates.&nbsp;That&#8217;s&nbsp;what&nbsp;we&#8217;re&nbsp;seeing right now. And finally, the analysts of Wall Street will start to price these securities so much higher that they&nbsp;can&#8217;t&nbsp;beat earnings estimates. And&nbsp;you&#8217;ll&nbsp;see this slew across the dominant names where we just have earnings&nbsp;misses&nbsp;quarter after quarter. And that&#8217;s&nbsp;sort of the&nbsp;fundamental downfall to what was a bubbly bull run.&nbsp;For us in the technical field,&nbsp;we&#8217;re&nbsp;waiting for a trigger. Even if we know that there is a bubble happening and this is not sustainable, you still&nbsp;have to&nbsp;participate&nbsp;on behalf of your clients or your firms. You&nbsp;can&#8217;t, because of your personal bias, decide to sell out of these things early. You wait for technical levels to be broken, for securities to start trading below their 50- and 200-period moving average, to break key levels.&nbsp;All of the traditional signs and triggers that we would use to know that indeed the selling is beginning.&nbsp;We&#8217;re&nbsp;not seeing that yet.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-andrew-wilkinson-nbsp-2\"><strong>Andrew Wilkinson<\/strong>&nbsp;<\/h3>\n\n\n\n<p>Well, how does the technical analysis toolkit help us navigate a bubble if and why it happens?&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-tyler-wood-nbsp-3\"><strong>Tyler Wood<\/strong>&nbsp;<\/h3>\n\n\n\n<p>So&nbsp;there are a couple of sides to this equation. One is you can spot when securities prices start to move parabolic. And there are tools like parabolic stop and reverse\u2014PSAR is a tool that you can put on any chart of any security to start to see when things get extended to the upside or over-accelerating.&nbsp;That&#8217;s&nbsp;typically a time&nbsp;where&nbsp;it&#8217;s&nbsp;gonna&nbsp;struggle to make meaningful moves higher, continue to make those kinds of gains.&nbsp;Similarly, there is no better toolkit for risk management, right, to be&nbsp;objective, to remove your emotions from the decision, than&nbsp;looking&nbsp;at the information the&nbsp;market&#8217;s&nbsp;giving us.&nbsp;So&nbsp;when price breaks key levels, when you start to see trend conditions breaking down or moving lower, reversing into downtrends, those are all different tools that you can use to get out of a bubbly bull market when indeed the party has&nbsp;come to an end.&nbsp;So&nbsp;I love the analogy that&nbsp;many of the&nbsp;analysts and strategists use. You want to go to the&nbsp;party,&nbsp;you just want to keep an eye out for when the punch bowl is emptying out. When the only people who are left at the party&nbsp;can&#8217;t&nbsp;really dance anymore,&nbsp;it&#8217;s&nbsp;no longer fun, and the&nbsp;cops&nbsp;are&nbsp;gonna&nbsp;break this up&nbsp;pretty soon. You&nbsp;wanna&nbsp;leave before those&nbsp;cops&nbsp;arrive. And&nbsp;that&#8217;s&nbsp;the idea behind having&nbsp;objective&nbsp;levels for exits.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-andrew-nbsp-wilkinson-nbsp-0\"><strong>Andrew&nbsp;Wilkinson<\/strong>&nbsp;<\/h3>\n\n\n\n<p>Tyler, one question that I always know&nbsp;I&#8217;m&nbsp;gonna&nbsp;ask you whenever we speak is about the health of the small-cap sector.&nbsp;It&#8217;s&nbsp;like we had kids at school, and&nbsp;I&#8217;m&nbsp;obliged to ask you, how is Russell doing?&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-tyler-wood-nbsp-4\"><strong>Tyler Wood<\/strong>&nbsp;<\/h3>\n\n\n\n<p>You know,&nbsp;let&#8217;s&nbsp;see.&nbsp;We&#8217;ve&nbsp;struggled to pass the third grade a couple of&nbsp;times, I think. But what&nbsp;I&#8217;m&nbsp;seeing right now on the Russell 2000 is a healthy breakout, retesting that breakout level in terms of price action. But the trend conditions in my work are very healthy, and we&#8217;re seeing momentum sort of test that neutral level, where when we see momentum resurging in the direction of the underlying trend, the price\u2014that&#8217;s really the condition that all trend followers are looking for, to confirm that indeed this move has a sustainable characteristic.&nbsp;It&#8217;s&nbsp;very constructive.&nbsp;The other thing that I would note, Andrew, is&nbsp;it&#8217;s&nbsp;important to look at equal-weight versions even of the S&amp;P 500 when we&nbsp;wanna&nbsp;take a look&nbsp;at how the average security is performing and not just the leading mega-cap technology, Mega Seven names. Looking at an equal-weight version of any of the indices that you track is important. When we see that heavyweight leadership&nbsp;start&nbsp;to struggle,&nbsp;it&#8217;s&nbsp;going to put pressure for any of the other securities in the index to hold up that cap-weighted performance.&nbsp;So&nbsp;I would encourage everybody to get under the hood.&nbsp;It&#8217;s&nbsp;not a stock&nbsp;market,&nbsp;it&#8217;s&nbsp;a market of stocks, and&nbsp;there&#8217;s&nbsp;a lot of opportunities out there.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-andrew-nbsp-wilkinson-nbsp-1\"><strong>Andrew&nbsp;Wilkinson<\/strong>&nbsp;<\/h3>\n\n\n\n<p>2026 potential red flags that&nbsp;you&#8217;re&nbsp;seeing right now. Any?&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-tyler-wood-nbsp-5\"><strong>Tyler Wood<\/strong>&nbsp;<\/h3>\n\n\n\n<p>Well, you know, you&nbsp;didn&#8217;t&nbsp;say the Fed directly, but&nbsp;let&#8217;s&nbsp;just go there, because we got some employment numbers this morning. Today&#8217;s December 16th, and the data had lapsed as the government was shut down. And what we saw was a surprise to the upside in the unemployment numbers, and markets were&nbsp;kind of pricing&nbsp;in about a 4.4%.&nbsp;I think we&nbsp;came in at 4.6%.&nbsp;So&nbsp;unemployment&nbsp;rising. Well, what does that mean for the Fed and the scenario of our path for future rate cuts? Well,&nbsp;that&#8217;s&nbsp;their dual mandate. They want to keep unemployment low, and a rise in unemployment\u2014so&nbsp;bad news&nbsp;can become good news in terms of the liquidity provisions from the central bank.&nbsp;The other piece of data&nbsp;that&#8217;s&nbsp;coming out this week, which we&nbsp;haven&#8217;t&nbsp;seen in a while, is CPI and inflation. And I think the\u2014use whatever phrase you want\u2014thread the needle, you know, the balancing act, the tightrope walk that&nbsp;Chairman&nbsp;Powell is doing. We are expecting that the Fed will have more instructive commentary for us once we have some inflation data to pair with this jobs number.&nbsp;The path of rate cuts, I think, next year is one of the factors folks are&nbsp;gonna&nbsp;need to keep in mind.&nbsp;So&nbsp;some of the smaller-cap names that are more financing-dependent\u2014if we continue to see sharp moves higher in long bonds,&nbsp;that&#8217;s&nbsp;going to be a headwind for some of those more debt-dependent companies.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-andrew-wilkinson-nbsp-3\"><strong>Andrew Wilkinson<\/strong>&nbsp;<\/h3>\n\n\n\n<p>What are your reflections on the commodity market at this point? Anything jumping out to you there?&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-tyler-wood-nbsp-6\"><strong>Tyler Wood<\/strong>&nbsp;<\/h3>\n\n\n\n<p>You know,&nbsp;lumber&#8217;s&nbsp;still looking a little soft.&nbsp;We&#8217;ve&nbsp;had an incredible run in 2025 for precious metals. You know, I know we don&#8217;t make any investment recommendations on podcasts like this, but word to the wise: if everyone at the holiday dinner table is talking about, you know, melting their grandma&#8217;s old gold jewelry to sell it or buying more precious metals, it could be towards the end of that trend and that run.&nbsp;So&nbsp;I would expect that&nbsp;we&#8217;re&nbsp;gonna&nbsp;see some&nbsp;pullback&nbsp;in precious metals.&nbsp;Silver had an amazing catch-up to gold just in the last six weeks, but I&nbsp;don&#8217;t&nbsp;see&nbsp;those as&nbsp;long-lasting trends, certainly not at the pace that they have been moving.&nbsp;The other side of the&nbsp;commodities&nbsp;market, and an important part of the inflation recipe, is the energy sector. And where crude oil goes in 2026 is&nbsp;gonna&nbsp;be\u2014well,&nbsp;I&#8217;m&nbsp;gonna&nbsp;leave it to the experts in the commodity space. And for those of you who&nbsp;wanna&nbsp;learn more about that, the CMT Association is&nbsp;gonna&nbsp;host a number of sessions specifically on commodities. January will be metals and minerals. February,&nbsp;we&#8217;re&nbsp;gonna&nbsp;be talking about commodities. And in March,&nbsp;we&#8217;ll&nbsp;dig into the agricultural landscape as well.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-andrew-wilkinson-nbsp-4\"><strong>Andrew Wilkinson<\/strong>&nbsp;<\/h3>\n\n\n\n<p>From a sector stance, Tyler, where is the future juice, and can you name a couple of sectors that you expect to lag going forward?&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-tyler-wood-nbsp-7\"><strong>Tyler Wood<\/strong>&nbsp;<\/h3>\n\n\n\n<p>So&nbsp;I spent a lot of time looking at relative strength.&nbsp;So&nbsp;the leadership groups in 2025 have really just been technology, and we&#8217;ve seen a little bit from healthcare, which has been kind of an interesting runner-up. Technology has turned lower in terms of its relative strength trends against the S&amp;P 500 index, but&nbsp;we&#8217;ve&nbsp;seen broad-based outperformance from lots of other sectors.&nbsp;So even communications and consumer discretionary&nbsp;starting&nbsp;to peek their heads out.&nbsp;We&#8217;ve seen financials and industrials do really well in the last few weeks.&nbsp;So&nbsp;these are new emerging trends, and healthcare continues to be a strong outperformer, which I think bodes well going into 2026\u2014that&nbsp;you&#8217;ve&nbsp;got more rotation, more participation, and not such a narrow leadership group.&nbsp;And I just refer back to that comment about a cap-weighted index.&nbsp;If&nbsp;we&#8217;re&nbsp;seeing that those leadership names in the mega-cap tech category struggle, even with&nbsp;strong performance&nbsp;from lots of other securities, because&nbsp;it&#8217;s&nbsp;a cap-weighted index, you might not see it show up in the S&amp;P 500 or the NASDAQ 100 itself. But look to those names individually, or to the sector and industry groups, to find those opportunities.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-andrew-nbsp-wilkinson-nbsp-2\"><strong>Andrew&nbsp;Wilkinson<\/strong>&nbsp;<\/h3>\n\n\n\n<p>Brilliant. Thank you very much for joining me today, Tyler Wood.&nbsp;It&#8217;s&nbsp;been a&nbsp;pleasure, and&nbsp;just wishing you and your family a happy holiday season.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-tyler-wood-nbsp-8\"><strong>Tyler Wood<\/strong>&nbsp;<\/h3>\n\n\n\n<p>Thank you so much, Andrew.&nbsp;Hopefully&nbsp;we&#8217;ll&nbsp;get to start the new year off in style in a sunny Florida environment with a bunch of technicians and find out where this year might take us.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-andrew-wilkinson-nbsp-5\"><strong>Andrew Wilkinson<\/strong>&nbsp;<\/h3>\n\n\n\n<p>You are heading to Tampa, right? January six and seven.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-tyler-wood-nbsp-9\"><strong>Tyler Wood<\/strong>&nbsp;<\/h3>\n\n\n\n<p>That&#8217;s&nbsp;the next big CMT Association conference. Every winter, we try to get&nbsp;outta&nbsp;the Northeast and get together with some wealth managers in Tampa, Florida.&nbsp;That&#8217;s&nbsp;January 7th through the 9th.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-andrew-nbsp-wilkinson-nbsp-3\"><strong>Andrew&nbsp;Wilkinson<\/strong>&nbsp;<\/h3>\n\n\n\n<p>Brilliant.&nbsp;Thanks&nbsp;for joining me, Tyler, and to the audience, thank&nbsp;you for joining us today. And&nbsp;don&#8217;t&nbsp;forget, if you enjoy today&#8217;s episode, please do subscribe wherever you download your podcast from.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Markets are sitting near record highs, but are investors overlooking key warning signs? Tyler Wood of the Chartered Market Technicians Association joins Andrew Wilkinson to break down Fed policy, sector rotation, AI enthusiasm, commodities, and the technical signals that could shape market risk and opportunity heading into 2026.<\/p>\n","protected":false},"author":111,"featured_media":236833,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":true,"footnotes":""},"categories":[10842,13857],"tags":[14545,20987,9581,4006,20985,12681,5531,3029,20986,10995,1081,2896,16031,3559,20234,18118,3647,11838,1291,19619],"contributors-categories":[13752,13576],"class_list":{"0":"post-236831","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ibkr-podcasts","8":"category-podcasts","9":"tag-ai-stocks","10":"tag-commodities-outlook","11":"tag-crude-oil-prices","12":"tag-fed-policy","13":"tag-inflation-cpi","14":"tag-interest-rate-cuts","15":"tag-investment-strategy","16":"tag-market-leadership","17":"tag-market-risk-2026","18":"tag-market-volatility","19":"tag-nasdaq-100","20":"tag-precious-metals","21":"tag-relative-strength","22":"tag-russell-2000","23":"tag-sp-500-outlook","24":"tag-sector-rotation","25":"tag-small-cap-stocks","26":"tag-stock-market-outlook","27":"tag-technical-analysis","28":"tag-unemployment-data","29":"contributors-categories-cmt-association","30":"contributors-categories-interactive-brokers"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Navigating Market Risk Heading Into 2026 with Tyler Wood<\/title>\n<meta name=\"description\" content=\"Markets are sitting near record highs, but are investors overlooking key warning signs? Tyler Wood of the Chartered Market Technicians Association joins...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/236831\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Navigating Market Risk Heading Into 2026 with Tyler Wood | IBKR Campus US\" \/>\n<meta property=\"og:description\" content=\"Markets are sitting near record highs, but are investors overlooking key warning signs? Tyler Wood of the Chartered Market Technicians Association joins Andrew Wilkinson to break down Fed policy, sector rotation, AI enthusiasm, commodities, and the technical signals that could shape market risk and opportunity heading into 2026.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.com\/campus\/podcasts\/ibkr-podcasts\/navigating-market-risk-heading-into-2026-with-tyler-wood\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus US\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-06T16:37:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-06T16:42:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2026\/01\/pod20251216tylerwood_coverimage.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"563\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Andrew Wilkinson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Andrew Wilkinson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"11 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"NewsArticle\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/podcasts\\\/ibkr-podcasts\\\/navigating-market-risk-heading-into-2026-with-tyler-wood\\\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/podcasts\\\/ibkr-podcasts\\\/navigating-market-risk-heading-into-2026-with-tyler-wood\\\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"Andrew Wilkinson\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/d9f9f59fce942ef53aba42e7ff844803\"\n\t            },\n\t            \"headline\": \"Navigating Market Risk Heading Into 2026 with Tyler Wood\",\n\t            \"datePublished\": \"2026-01-06T16:37:01+00:00\",\n\t            \"dateModified\": \"2026-01-06T16:42:30+00:00\",\n\t            \"mainEntityOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/podcasts\\\/ibkr-podcasts\\\/navigating-market-risk-heading-into-2026-with-tyler-wood\\\/\"\n\t            },\n\t            \"wordCount\": 2698,\n\t            \"commentCount\": 0,\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/podcasts\\\/ibkr-podcasts\\\/navigating-market-risk-heading-into-2026-with-tyler-wood\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2026\\\/01\\\/pod20251216tylerwood_coverimage.jpg\",\n\t            \"keywords\": [\n\t                \"AI Stocks\",\n\t                \"commodities outlook\",\n\t                \"crude oil prices\",\n\t                \"Fed policy\",\n\t                \"inflation cpi\",\n\t                \"interest rate cuts\",\n\t                \"investment strategy\",\n\t                \"Market Leadership\",\n\t                \"market risk 2026\",\n\t                \"market volatility\",\n\t                \"Nasdaq 100\",\n\t                \"precious metals\",\n\t                \"relative strength\",\n\t                \"Russell 2000\",\n\t                \"S&amp;P 500 Outlook\",\n\t                \"sector rotation\",\n\t                \"small cap stocks\",\n\t                \"stock market outlook\",\n\t                \"technical analysis\",\n\t                \"unemployment data\"\n\t            ],\n\t            \"articleSection\": [\n\t                \"IBKR Podcasts\",\n\t                \"Podcasts\"\n\t            ],\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"CommentAction\",\n\t                    \"name\": \"Comment\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/podcasts\\\/ibkr-podcasts\\\/navigating-market-risk-heading-into-2026-with-tyler-wood\\\/#respond\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/podcasts\\\/ibkr-podcasts\\\/navigating-market-risk-heading-into-2026-with-tyler-wood\\\/\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/podcasts\\\/ibkr-podcasts\\\/navigating-market-risk-heading-into-2026-with-tyler-wood\\\/\",\n\t            \"name\": \"Navigating Market Risk Heading Into 2026 with Tyler Wood | IBKR Campus US\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\"\n\t            },\n\t            \"primaryImageOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/podcasts\\\/ibkr-podcasts\\\/navigating-market-risk-heading-into-2026-with-tyler-wood\\\/#primaryimage\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/podcasts\\\/ibkr-podcasts\\\/navigating-market-risk-heading-into-2026-with-tyler-wood\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2026\\\/01\\\/pod20251216tylerwood_coverimage.jpg\",\n\t            \"datePublished\": \"2026-01-06T16:37:01+00:00\",\n\t            \"dateModified\": \"2026-01-06T16:42:30+00:00\",\n\t            \"description\": \"Markets are sitting near record highs, but are investors overlooking key warning signs? Tyler Wood of the Chartered Market Technicians Association joins Andrew Wilkinson to break down Fed policy, sector rotation, AI enthusiasm, commodities, and the technical signals that could shape market risk and opportunity heading into 2026.\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/podcasts\\\/ibkr-podcasts\\\/navigating-market-risk-heading-into-2026-with-tyler-wood\\\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"ImageObject\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/podcasts\\\/ibkr-podcasts\\\/navigating-market-risk-heading-into-2026-with-tyler-wood\\\/#primaryimage\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2026\\\/01\\\/pod20251216tylerwood_coverimage.jpg\",\n\t            \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2026\\\/01\\\/pod20251216tylerwood_coverimage.jpg\",\n\t            \"width\": 1000,\n\t            \"height\": 563\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"name\": \"IBKR Campus US\",\n\t            \"description\": \"Financial Education from Interactive Brokers\",\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": {\n\t                        \"@type\": \"PropertyValueSpecification\",\n\t                        \"valueRequired\": true,\n\t                        \"valueName\": \"search_term_string\"\n\t                    }\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"Organization\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\",\n\t            \"name\": \"Interactive Brokers\",\n\t            \"alternateName\": \"IBKR\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"logo\": {\n\t                \"@type\": \"ImageObject\",\n\t                \"inLanguage\": \"en-US\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t                \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"width\": 669,\n\t                \"height\": 669,\n\t                \"caption\": \"Interactive Brokers\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t            },\n\t            \"publishingPrinciples\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/about-ibkr-campus\\\/\",\n\t            \"ethicsPolicy\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/cyber-security-notice\\\/\"\n\t        },\n\t        {\n\t            \"@type\": \"Person\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/d9f9f59fce942ef53aba42e7ff844803\",\n\t            \"name\": \"Andrew Wilkinson\",\n\t            \"description\": \"Andrew Wilkinson is director of IBKR\u2019s trading education team and has been with the company since 2007. Before joining Interactive Brokers, Andrew began his career trading cash, interest rate products and derivative products in London before coming to the United States where he took his masters degree in Finance. He continued his career as a financial writer and commentator for publishers in London and the US. Andrew presents webinars and podcasts with contacts across the financial industry and helps educate investors via IBKR\u2019s Traders\u2019 Academy within the IBKR Campus.\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/author\\\/andrew-wilkinson\\\/\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Navigating Market Risk Heading Into 2026 with Tyler Wood","description":"Markets are sitting near record highs, but are investors overlooking key warning signs? Tyler Wood of the Chartered Market Technicians Association joins...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/236831\/","og_locale":"en_US","og_type":"article","og_title":"Navigating Market Risk Heading Into 2026 with Tyler Wood | IBKR Campus US","og_description":"Markets are sitting near record highs, but are investors overlooking key warning signs? Tyler Wood of the Chartered Market Technicians Association joins Andrew Wilkinson to break down Fed policy, sector rotation, AI enthusiasm, commodities, and the technical signals that could shape market risk and opportunity heading into 2026.","og_url":"https:\/\/www.interactivebrokers.com\/campus\/podcasts\/ibkr-podcasts\/navigating-market-risk-heading-into-2026-with-tyler-wood\/","og_site_name":"IBKR Campus US","article_published_time":"2026-01-06T16:37:01+00:00","article_modified_time":"2026-01-06T16:42:30+00:00","og_image":[{"width":1000,"height":563,"url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2026\/01\/pod20251216tylerwood_coverimage.jpg","type":"image\/jpeg"}],"author":"Andrew Wilkinson","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Andrew Wilkinson","Est. reading time":"11 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ibkrcampus.com\/campus\/podcasts\/ibkr-podcasts\/navigating-market-risk-heading-into-2026-with-tyler-wood\/#article","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/podcasts\/ibkr-podcasts\/navigating-market-risk-heading-into-2026-with-tyler-wood\/"},"author":{"name":"Andrew Wilkinson","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/d9f9f59fce942ef53aba42e7ff844803"},"headline":"Navigating Market Risk Heading Into 2026 with Tyler Wood","datePublished":"2026-01-06T16:37:01+00:00","dateModified":"2026-01-06T16:42:30+00:00","mainEntityOfPage":{"@id":"https:\/\/ibkrcampus.com\/campus\/podcasts\/ibkr-podcasts\/navigating-market-risk-heading-into-2026-with-tyler-wood\/"},"wordCount":2698,"commentCount":0,"publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/podcasts\/ibkr-podcasts\/navigating-market-risk-heading-into-2026-with-tyler-wood\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2026\/01\/pod20251216tylerwood_coverimage.jpg","keywords":["AI Stocks","commodities outlook","crude oil prices","Fed policy","inflation cpi","interest rate cuts","investment strategy","Market Leadership","market risk 2026","market volatility","Nasdaq 100","precious metals","relative strength","Russell 2000","S&amp;P 500 Outlook","sector rotation","small cap stocks","stock market outlook","technical analysis","unemployment data"],"articleSection":["IBKR Podcasts","Podcasts"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ibkrcampus.com\/campus\/podcasts\/ibkr-podcasts\/navigating-market-risk-heading-into-2026-with-tyler-wood\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ibkrcampus.com\/campus\/podcasts\/ibkr-podcasts\/navigating-market-risk-heading-into-2026-with-tyler-wood\/","url":"https:\/\/ibkrcampus.com\/campus\/podcasts\/ibkr-podcasts\/navigating-market-risk-heading-into-2026-with-tyler-wood\/","name":"Navigating Market Risk Heading Into 2026 with Tyler Wood | IBKR Campus US","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ibkrcampus.com\/campus\/podcasts\/ibkr-podcasts\/navigating-market-risk-heading-into-2026-with-tyler-wood\/#primaryimage"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/podcasts\/ibkr-podcasts\/navigating-market-risk-heading-into-2026-with-tyler-wood\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2026\/01\/pod20251216tylerwood_coverimage.jpg","datePublished":"2026-01-06T16:37:01+00:00","dateModified":"2026-01-06T16:42:30+00:00","description":"Markets are sitting near record highs, but are investors overlooking key warning signs? Tyler Wood of the Chartered Market Technicians Association joins Andrew Wilkinson to break down Fed policy, sector rotation, AI enthusiasm, commodities, and the technical signals that could shape market risk and opportunity heading into 2026.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ibkrcampus.com\/campus\/podcasts\/ibkr-podcasts\/navigating-market-risk-heading-into-2026-with-tyler-wood\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/podcasts\/ibkr-podcasts\/navigating-market-risk-heading-into-2026-with-tyler-wood\/#primaryimage","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2026\/01\/pod20251216tylerwood_coverimage.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2026\/01\/pod20251216tylerwood_coverimage.jpg","width":1000,"height":563},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.com\/campus\/#website","url":"https:\/\/ibkrcampus.com\/campus\/","name":"IBKR Campus US","description":"Financial Education from Interactive Brokers","publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.com\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibkrcampus.com\/campus\/#organization","name":"Interactive Brokers","alternateName":"IBKR","url":"https:\/\/ibkrcampus.com\/campus\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","width":669,"height":669,"caption":"Interactive Brokers"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/"},"publishingPrinciples":"https:\/\/www.interactivebrokers.com\/campus\/about-ibkr-campus\/","ethicsPolicy":"https:\/\/www.interactivebrokers.com\/campus\/cyber-security-notice\/"},{"@type":"Person","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/d9f9f59fce942ef53aba42e7ff844803","name":"Andrew Wilkinson","description":"Andrew Wilkinson is director of IBKR\u2019s trading education team and has been with the company since 2007. Before joining Interactive Brokers, Andrew began his career trading cash, interest rate products and derivative products in London before coming to the United States where he took his masters degree in Finance. He continued his career as a financial writer and commentator for publishers in London and the US. Andrew presents webinars and podcasts with contacts across the financial industry and helps educate investors via IBKR\u2019s Traders\u2019 Academy within the IBKR Campus.","url":"https:\/\/www.interactivebrokers.com\/campus\/author\/andrew-wilkinson\/"}]}},"jetpack_featured_media_url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2026\/01\/pod20251216tylerwood_coverimage.jpg","_links":{"self":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/236831","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/users\/111"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/comments?post=236831"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/236831\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media\/236833"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media?parent=236831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/categories?post=236831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/tags?post=236831"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/contributors-categories?post=236831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}