December 8, 2025

Markets:

Stock futures were relatively unchanged on Monday, following another winning week for Wall Street, as investors look toward the Federal Reserve meeting.

Stocks received a boost on Friday after the delayed release of September’s core personal consumption expenditures price index came in softer than economists anticipated. That was one of the last major economic releases ahead of the Fed’s policy gathering taking place this week.

Traders have grown increasingly hopeful over recent weeks that the Fed will lower interest rates at the Federal Open Market Committee meeting, which is the final one of the year. Fed funds futures are pricing in a roughly 90% chance of a decrease, up from under 67% a month ago, according to CME’s FedWatch tool.

There is no economic data of note due Monday, but the New York Fed is releasing its survey of consumer expectations in the morning. Investors will keep an eye on earnings from companies such as Lululemon, Costco, Broadcom, Oracle and Adobe slated for this week.

Portfolio:

We enter FOMC week holding setups in BMNR, MSTU, RR, and RIVN.

Historically, FOMC weeks can produce sharp swings, but the best approach remains simple: patience. The initial moves leading into the announcement — and even the first reaction immediately after — are often noise. The real trend typically begins shortly afterward, sometimes a full day or two later. That’s been the pattern for months, and the post-FOMC environment has consistently delivered some of the strongest trading conditions of the year. Even better, this meeting feeds directly into the historically bullish holiday period.

Heading into the Fed decision, the market’s tone has been quietly impressive. Last week’s gain in the S&P 500 was modest (up just 31 bps), but the behavior was what mattered. The equal-weight S&P hit fresh all-time highs, realized volatility cooled further, and every dip was absorbed with ease. The recent wobble is now fully digested.

That shakeout a few weeks ago brought the typical noise — wider intraday ranges, a spike in implied vol, thinner liquidity — all hitting at a time when forced selling was already expected into Thanksgiving. That phase is behind us. The market has transitioned from “fighting supply” to behaving like a market that has completed its reset. That’s exactly what you want heading into an FOMC.

One more point: this administration is highly motivated to support markets and drive asset prices higher. Combine that with the full-force tech cycle ahead, and 2026 is shaping up to be a remarkable year.  Be ready today and please say patient this week.  Its the best game plan!