Week of Dec 22–26, 2025 (Holiday-shortened: early close Wed 12/24, markets closed Thu 12/25.)

Weekly Market Summary:

A classic, thin-tape Santa-rally week kept all three majors near or at record territory heading into the long weekend. Wednesday’s early-close session saw fresh highs with extremely light NYSE share volume, and the bid carried into Friday’s quiet trade. The S&P 500’s Friday print reflected another incremental record, with the Dow also firm. Macro attention shifted to early-January Fed expectations while holiday liquidity tempered volatility. Net: constructive drift, tech still influential but broader participation improving.

Five Stocks Worth Watching:

• Nvidia (NVDA) — remained a primary upside driver for cap-weighted indexes into year-end.
• Alphabet (GOOGL) — continued to outperform on AI news flow.
• Dynavax (DVAX) — deal momentum from earlier in the week kept small-cap biotech on the radar.
• Novo Nordisk (NVO) — headlines around weight-loss pill approval sustained interest.
• SPDR Gold Trust (GLD) — precious metals strength into year-end remained a secondary macro tell.

What The Prediction Markets Says (As Of November 21, 2025):

• Polymarket — Who will be named in newly released Epstein files? (27% to Tony Blair, 20% to Al Gore, 19% to Kirsten Gillibrand, 18% to Jamie Dimon)
• Kalshi — S&P close price end of 2025? (5% to 6,600 to 6,799.99, 81% to 6,800 to 6,999.99, 17% to 7,000 to 7,199.99)
• PredictIt — Kash Patel out as FBI director in 2025? (Yes @ $0.01, No @ $0.99)
• Smarkets — Most seats in UK Parliament? (47.62% to Reform UK, 26.32% to Labour, 18.18% to Conservative, 1.58% to Liberal Democrats)
• Manifold — Will Bad Bunny make a political statement of some kind during the SB halftime show? (54% to Yes, 46% to No)

Please note that stock market investments carry inherent risks, and past performance does not guarantee future results.

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