December 23, 2025

Markets

U.S. equity futures hovered near unchanged Tuesday after a strong kickoff to the shortened holiday week.

The S&P 500 is coming off its third straight green session, powered by a 1.5% surge in Nvidia and continued strength in Micron and Oracle. Breadth was strong — 10 of 11 sectors finished higher. Materials and financials led the charge, with Newmont and Freeport-McMoRan jumping roughly 3% as gold and silver futures pushed to record highs.

Reminder: The NYSE will close early Wednesday at 1:00 PM ET for Christmas Eve and will be closed Thursday for Christmas Day.

Portfolio

Outstanding start to the week.

We enter the new day holding setups in TSLL, CONL, and PATH.  We booked LUNR yesterday to start the week with a profit.

One chart we remain highly constructive on is SPY. With current momentum, the gamma wall magnet near 700 looks very achievable. We also expect QQQ to press toward year-end highs as we close out 2025.

The final piece we’re watching closely: Bitcoin reclaiming and holding above 94K. A clean move there could reignite broad-based euphoria and fuel upside momentum into the first few weeks of the new year.

Looking ahead, keep this framework front and center:
As long as the trend remains intact, the market will manufacture crises to induce fear, only to resolve them and push to new highs. We saw it twice in 2025: tariffs earlier in the year, and more recently the AI-bubble narrative around Oracle. The storyline will change in 2026, but the objective won’t.

These moments are not warnings, they’re opportunities.

This market is increasingly psychological. Headlines move emotions; structure and trend move price. Understand the game, and you stay in control. Miss it, and you’re forced to chase.

We are in a generational cycle. It’s in play until it isn’t — and we’ll respect it when that changes. Until then, we stay aggressive, prepared, and disciplined.

Our community will not be driven by headlines or day-to-day noise.  We learned alot from the new playbook the market created with the two events in 2025.

2026 is setting up to be a banner year.

Let’s finish 2025 strong.