December 2, 2025

Markets:

Stock futures rose slightly on Tuesday, boosted by gains in bitcoin and technology stocks, as traders tried to recover from a weak start to December Trading.

Bitcoin rose about 2% Tuesday, recouping some of its losses from the prior day. Tech players linked to the artificial intelligence trade supported the broader market as well, with names like Oracle and Broadcom similarly reversing course from the previous session’s losses. Those two names were last up more than 1% in the premarket. AI chip darling Nvidia increased almost 1%.

The major U.S. indexes began the week in the red, ending five-day win streaks on Monday. Risk-off sentiment has pressured the bull market in recent weeks as worries of persistent inflation, elevated valuations and returns on artificial intelligence spending weigh on investors.

December tends to be a strong month for the broader market. The S&P 500 averages a gain of more than 1% in December, making it the third-best month of the year for the benchmark in records going back to 1950, according to the Stock Trader’s Almanac.

Portfolio:

We’re stepping into today’s session positioned in AMPX and BMNR. The queue is lighting up with real strength this morning, and this is exactly the type of action we want heading into December’s momentum window.

Earnings season for the AI infrastructure names kicked off yesterday with CRDO—and they absolutely delivered. Tonight brings PSTG along with a few other key players. These smaller but mission-critical companies driving the AI build-out remain front and center for us. This is a pivotal moment in the cycle, and their numbers matter. Block out the noise—seriously. Every major technological shift in history has been met with doubt right before liftoff. Most people only “believe” once the move is nearly over. Don’t be that person.

On the index side, SPY ripped directly into the 685–687.5 supply zone—an area that has rejected price multiple times this past month. A clean break above this wall could unleash a run straight toward 700. On the downside, we’re watching 678, 675, 672, and 669 as firm support layers. Eyes on this.

We’ve also got a major announcement coming from President Trump at 2 p.m. He’s well aware of market levels, and when he chooses a formal announcement (not a casual post), it often carries weight. Let’s see if he adds fuel to this setup.