Looking ahead to 2026, I don’t think it’s as simple as “another straight bull run” or “market crash incoming.” It feels more like a year where returns are still there, but you actually have to be selective. For U.S. equities, I think the S&P 500 can still move higher, but probably not with the same easy momentum we saw before. Earnings growth will matter more than just multiple expansion. If rate cuts come gradually and the economy avoids a hard landing, double-digit gains are still possible — but they won’t be evenly spread. On AI, I do expect some rotation. Semiconductors won big early, but I wouldn’t be surprised if leadership slowly shifts toward memory, software, and SaaS companies that actually turn AI spending into recurring revenue. Hardware started the race, but monetisation c
The recent move in the S&P 500 feels very technical to me. After triple witching cleared out a lot of options pressure around 6,700–6,800, the market suddenly feels lighter and more willing to push higher. Right now, 6,900 is the level I’m watching closely. It’s not just a round number — it’s where price is pausing and testing commitment. If we can hold above this zone and not immediately get rejected, I think the path toward 7,000 opens up pretty naturally, especially with year-end seasonality on our side. That said, I don’t expect a straight line up. A bit of chop or consolidation around 6,900 wouldn’t be a bad thing at all — it would actually make a breakout healthier. My bias stays bullish as long as price holds above the recent breakout zone. If we lose it, then it’s probably just