Looking Back — and Thinking About 2026.
What if... everything changes (again).
100+ Charts & Commentary on all major Markets — for your weekend reading.
“Don’t start the week without it”
The NYSE Christmas tree has been a downtown New York tradition since 1923, and is one of New York City’s oldest. The first tree was lit to celebrate the completion of Wall Street’s electrical grid, a significant milestone at the time. The tradition grew from a small local event to a major NYC holiday fixture on Broad Street, older than the famous Rockefeller Center tree.
KEY TOPICS COVERED
In today’s report:
ONE YEAR AGO:
From our original December 2024 post:
“One of many indicators flashing orange/red as we head into 2025…
After one of the best 12-month rallies ever, and with Stock flows & positioning near the most crowded levels in history, what if 2025 is more volatile than what everyone’s grown accustomed to?
Beware extreme complacency — especially when even a moderately cautious view is considered deeply contrarian...”
2025 was one of the toughest, but most rewarding years I ever saw as an investor.
Thankful and proud of the work we did — and thankful to our great readers, who share our passion and dedication to markets.
LOOKING AHEAD:
✅ Where are we now?
✅ Studying the data.
✅ Thinking About 2026: A New Series, continued…
*Don’t miss this chance to lock in our best and lowest price forever. Rates will go up on Jan 1. Join us — and let’s go through 2026 together.
Onwards and upwards, have a good weekend.
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