Podcast
Next Day Prep #181: Bears Bite Back Market Exhausted, Metals in Freefall – Wednesday 12/31/2025
Key takeaways
- Market Strategy: Stay defensive post-holiday. Focus on relative strength and support/resistance levels. Recharge for potential Friday trading opportunities.
Next Day Prep: Bears Bite Back Market Exhausted, Metals in Freefall
A quick analysis of today’s market outlook and key trading opportunities to start your day.
Intro & Market Mood
2025 Market Closing: The final bell of the year saw a lackluster performance with a drift lower and low volume, signaling year-end exhaustion. The bears controlled the narrative as the market headed into the holiday break.
Overnight Headlines
- Nvidia (NVDA): Reported approaching Taiwan Semi for chip production, yet stock slipped. Semiconductor sector felt heavy.
- Commodities: Precious metals plunged as CME Group raised margin requirements, forcing leveraged traders to liquidate positions.
- Vanda Pharmaceuticals (VNDA): Soared over 25% on FDA approval for Nereus drug. Nike (NKE) outperformed in the S&P 500.
Economic Announcements
No major economic announcements.
Earnings Highlights
No significant earnings announcements.
Top Movers
- Vanda Pharmaceuticals (VNDA): Up over 25% on FDA approval.
- Nike (NKE): Best performer in the S&P 500 with CEO’s significant share purchase.
Quick Trade Ideas
Key Levels Post-Holiday Break: Watch SPY at 681.80 and QQQ at 613.87 for cues. Closely monitor setups in CNTB and DBRG showing relative strength.