To The Moon

A Quiet but Strong Finish to 2025 U.S. stocks wrapped up last week just shy of record highs as the Santa Claus rally continued to unfold. After five straight positive sessions, markets paused slightly on Friday, but the broader picture remained upbeat: $S&P 500(.SPX)$ : +2.3% for the week Nasdaq Composite: +2.5% Dow Jones: +1.6% With trading volumes light and volatility muted, Wall Street is entering another sleepy holiday week, but sentiment remains constructive as investors look ahead to the new year. Santa Claus Rally: Momentum Into Year-End Santa Claus The Santa Claus rally, typically covering the final five trading days of December and the first two of January, appears firmly in place. After a volatile year marked by tariff shocks and pol

Markets Extend Their Momentum U.S. stocks started the week on a positive note, building on last week’s strength and raising hopes of an early Santa Claus rally. Santa Rally Dow Jones: +0.5% $S&P 500(.SPX)$ : +0.6%, now just 0.3% below its Dec. 11 record high $NASDAQ(.IXIC)$ : +0.5% With major indexes hovering near all-time highs, investor confidence appears to be improving as the year winds down. Santa Rally Back in Focus The so-called Santa Claus rally, traditionally spanning the last five trading days of the year and the first two of the next (Dec. 24 to Jan. 5), is firmly back on investors’ radar. Market watchers suggest the trend favors further upside, potentially allowing stocks to close 2025 at

U.S. equity markets ended the week on a firmer note, extending a late-week rally that helped major indexes stabilize after recent volatility. While the gains were modest, the tone was constructive, with investors increasingly focused on cooling inflation, a supportive central bank backdrop, and the prospect of a broader market rally as 2025 draws to a close. The $S&P 500(.SPX)$ rose 0.9% on Friday, securing a small weekly gain of 0.1% and avoiding a second consecutive weekly decline for the first time since June. The Nasdaq Composite outperformed, climbing 1.3% on the day and 0.4% for the week, driven largely by renewed strength in technology stocks. $NVIDIA(NVDA)$

Investors received an early holiday gift Thursday as inflation came in well below expectations, boosting stocks and reviving optimism that the Federal Reserve may have more room to cut interest rates. The consumer price index rose 2.7% year over year in November, significantly under economists’ 3.1% forecast. Core inflation, which excludes food and energy, increased 2.6%, also below expectations. Inflation Markets React Positively Stocks rallied on the softer inflation data: $NASDAQ(.IXIC)$ : +1.4% $NVIDIA(NVDA)$ $Palantir Technologies Inc.(PLTR)$ $Micron Technology(MU)$ S&P 500: +0.8% Dow Jones Industrial Average: +6

If one word defined the session, it was mixed. Economic data lacked a clear message, equities struggled for direction, and visibility for the rest of the week remains limited as investors parse noisy signals from both the consumer and the labor market. Mixed Signals Markets End the Day Split $NASDAQ(.IXIC)$ : +0.2% (recovering from earlier losses) $S&P 500(.SPX)$ : –0.2% Dow Jones: –302 points (–0.6%) Market breadth was weak, and sentiment soured as investors reacted to rising unemployment and inconsistent economic indicators. Market Snapshot Hot Stock: $Comcast(CMCSA)$ +5.4% Biggest Loser: Phillips 66 –6.9% Best Sector: Information Technology +0.3% Worst S

Morning Brief: Tech Slips as Markets Await Key Data: U.S. stocks edged lower Monday, led by tech, as investors turned cautious ahead of delayed economic data that could reshape rate expectations into 2026. [USD] Market Moves Nasdaq: –0.6% S&P 500: –0.2% Dow: –0.1% [Call] Snapshot Top stock: $Gartner(IT)$ +5.3% Worst stock: $ServiceNow(NOW)$ –11.5% Best sector: Healthcare +1.3% $Eli Lilly(LLY)$ Worst sector: Tech –1.0% $Broadcom(AVGO)$ $Palo Alto Networks(PANW)$ [Warning] Why tech lagged: Profit-taking after prolonged AI-driven gains Rising Treasury yields pressured l

U.S. stocks drifted lower on Monday, led by renewed weakness in technology shares, as investors positioned cautiously ahead of another round of delayed economic data that could reshape expectations for interest rates into 2026. Market Pullback Led by Tech Nasdaq Composite: –0.6% $S&P 500(.SPX)$ : –0.2% Dow Jones: –0.1% Index Hot Stock: $Gartner(IT)$ +5.3% Biggest Loser: ServiceNow –11.5% Best Sector: Healthcare +1.3% Worst Sector: Information Technology –1.0% Technology stocks were the main drag: Tech Investors locked in profits after years of AI-driven outperformance. $NVIDIA(NVDA)$ $Palantir Technologies Inc.(PLTR)$

For the second straight day, a heavyweight tech name shattered investor confidence in the AI trade. After $Oracle(ORCL)$ ’s spending shock on Thursday, $Broadcom(AVGO)$ became the latest casualty on Friday, raising fresh questions about whether expectations for AI-linked profits have simply run too far, too fast. AI Reality Check AI Reality Check Broadcom shares plunged 11% after earnings failed to clear an increasingly high bar. Oracle fell another 4.5%, extending its post-earnings selloff. The Information Technology sector dropped 2.9%, the worst-performing group of the day. The Nasdaq Composite slid 1.1% Friday, ending the week down 1.6%. $MGK Why it matters: Not long ago, Oracle was viewed as one of t

After a shaky open, U.S. equities staged a powerful intraday reversal, closing with fresh records for both the Dow Jones Industrial Average and the S&P 500, even as tech stocks lagged. Dow Jones: +1.34% $S&P 500(.SPX)$ : +0.21% Nasdaq: –0.25% $NVIDIA(NVDA)$ Hot Stock: Royal Caribbean +7.4% Biggest Loser: Oracle –10.8% Best Sector: Materials +2.2% Weakest Sector: Communication Services –1.0% The late-session surge reflected resilient investor sentiment, continued rotation into cyclicals, and a stabilizing policy backdrop from the Federal Reserve. Market Drivers: Tech Weakness vs. Broader Strength Tech Under Pressure $Technology Select Sector SPDR Fund(XLK)$

Markets closed on an exuberant high after the Federal Reserve delivered the widely anticipated quarter-point rate cut, while offering an even more encouraging surprise: a more optimistic outlook for 2026 and an open door to additional easing. The reaction was immediate: Dow Jones: +1.05%, its best Fed Day since December 2023 $S&P 500(.SPX)$ : +0.67% Nasdaq: +0.33% $Microsoft(MSFT)$ Hot Stock: $GE Vernova Inc.(GEV)$ +15.6% $GEV Biggest Loser: $Uber(UBER)$ –5.5% Best Sector: Industrials +1.8% Worst Sector: Utilities –0.1% Investors had waited six weeks for this moment. They got the cut, and a narrative that was far more