Goldman Sachs' Christmas Present: The 2026 Playbook As the year winds down and investors look ahead, Goldman Sachs’ 2026 outlook arrives like a thoughtful Christmas gift — not flashy, but genuinely useful. The cycle is still alive, growth is holding up, and opportunities are opening up in new places, even as markets sit near record highs. The $S&P 500(.SPX)$ is trading close to all-time highs, the $NASDAQ 100 Index (.NDX.US)$ continues to reflect confidence in long-term innovation, and $iShares Russell 2000 ETF (IWM.US)$ are showing early signs of renewed participation after years of lagging. Rather than signaling an ending, Goldman’s message is one of renewal and rotation. Returns are still there, bu
Goldman Sachs' Christmas Present: The 2026 Playbook As the year winds down and investors look ahead, Goldman Sachs’ 2026 outlook arrives like a thoughtful Christmas gift — not flashy, but genuinely useful. The cycle is still alive, growth is holding up, and opportunities are opening up in new places, even as markets sit near record highs. The $S&P 500(.SPX)$ is trading close to all-time highs, the $NASDAQ 100 Index (.NDX.US)$ continues to reflect confidence in long-term innovation, and $iShares Russell 2000 ETF (IWM.US)$ are showing early signs of renewed participation after years of lagging. Rather than signaling an ending, Goldman’s message is one of renewal and rotation. Returns are still there, bu
2025 Full Year Recap: Here Are the Top 10 IPO Gainers and How They Performed The U.S. IPO market demonstrated resilience in 2025, navigating volatility from tariffs and political gridlock to post a four-year high in issuance. Data from Renaissance Capital confirms a "strategic thaw": 202 offerings raised a combined $44.0 billion, marking a decisive, albeit selective, recovery. However, the "Class of '25" bears little resemblance to the speculative bubbles of the past, the market has shifted fundamentally away from "growth-at-all-costs" software plays. Instead, institutional capital has concentrated heavily on 'Industrial Logic': companies with physical infrastructure, proven cash flows, or strategic necessity. The top performers of the year—all boasting market caps above $4 billion—tell th
The Year's Biggest Winner Was Not AI, It Was Materials If you thought 2025 was solely about the AI narrative, the final numbers might surprise you. The Reality Check: Leadership Shifted Away from the Obvious Through December 22, 2025, the market leadership underwent a significant rotation. The leaderboard shows that capital flowed into physical assets rather than just digital ones: ~1st Place: Materials: Up 37.99% – The clear outlier. ~2nd Place: Communication Services: Up 30.30% – Strong recovery. ~3rd Place: Financial: Up 22.73% – Solid, but trailing the leaders. ~Last Place: Real Estate: Down 1.02% – The only sector to finish in the red. That is the tell. 2025 was not a one narrative year. Investors still paid up for growth, but the strongest bid went to areas with raw operating leverag
Nvidia Hits Historic Lows vs. the SOX, Entering a Sweet Spot Ahead of Upcoming Catalysts After a strong run into July, $NVIDIA(NVDA)$ 's shares have traded in a relatively tight range. Even with a roughly 30% year-to-date gain, NVDA has meaningfully lagged the broader semiconductor sector on a relative basis, while its valuation multiple has continued to compress (around 24x foward P/E) over the past period. Moreover, a recent Bernstein report noted that NVDA sits around the 11th percentile of its own 10-year forward P/E range and in the first percentile versus the SOX, implying an unusually large relative valuation reset. The note also cites a striking historical statistic: over the last decade, buying NVDA be
Options Market Statistics: Nvidia Surges 1.5% as Major H200 AI Chip Shipment to China Takes Shape $NVIDIA(NVDA)$ ranked second in options activity with a neutral put/call ratio of 0.49 and a low IV rank of 2.86%, indicating subdued volatility bets as volume hit 1.64 million contracts against 16.92 million in open interest. Shares gained 1.5% following Reuters reports that the company intends to deliver between 40,000 and 80,000 H200 AI processors to China, with insiders noting initial batches could arrive before the Lunar New Year. $Tesla Motors(TSLA)$ led overall volume with a neutral put/call ratio of 0.61
Santa Rally Trades Favor Google as Rivian and Circle Cool Off Against a backdrop of steadily cooling inflation and improving expectations for liquidity conditions, overall risk appetite in U.S. equities has rebounded, with technology, crypto-related, and new energy stocks showing notable gains. As the Christmas holiday approaches, market attention has increasingly shifted toward the potential for a Santa Rally. However, options data suggest that institutional capital is far from indiscriminate in chasing the rally. Instead, investors continue to position for upside in $Alphabet(GOOG)$ $Alphabet(GOOGL)$ toward year
2025 Full Year Recap | Decoding the Top Performers That Propelled the STI to New Peaks As we draw the curtains on 2025, the Singapore equity market has emerged as one of the most consistent performers in the Asia-Pacific region. While global markets grappled with high-interest rate fatigue and geopolitical shifts, the $Straits Times Index(STI.SI)$ successfully crossed major psychological resistance levels, recently stabilizing above 4,500 points. What defined 2025 wasn't just a simple recovery, but a fundamental shift in investor perception. Backed by the government’s S$5 billion initiative to revitalize the local equity market, liquidity began returning to home-grown blue chips. Compared to the high-va
Rocket Lab, Intuitive Machines, ASTS, FLY Rally as U.S. Space Policy Shift Ignites Sector U.S. space stocks rallied broadly, with sector sentiment heating up as policy support and industry catalysts converged, pushing several names to double-digit gains. $Intuitive Machines(LUNR)$ surged more than 34%, $Firefly Aerospace Inc.(FLY)$ soared 24%, $Rocket Lab USA, Inc.(RKLB)$ climbed over 17%, $Redwire Corp.(RDW)$ rose more than 15%, $AST SpaceMobile (ASTS.US)$ gained over 14%, and $Planet Labs PBC (PL.US)$ advanced mo
Oracle, Nvidia, Tesla See Short Sellers Pull Back, DJT's Shorts Jump 36X Oracle, $NVIDIA(NVDA)$ and $Tesla Motors(TSLA)$ saw short sellers pull back, tracking the decline in total trading volume as investors and traders wind down their activities ahead of the holidays. Trading in borrowed $Oracle(ORCL)$ stock fell to 3.99 million shares Thursday, from 4.38 million shares a day earlier. Still, short volume accounted for 11% of the total number of shares that changed hands when the stock bounced 0.9%, tracking gains of the wider