The last FOMC week in 2025.
We get the Fed rate decision this Wednesday at 2 PM. Thursday morning, we get the PPI numbers.
We got a little bit in the ass by Tom the Turkey, but I hear sleigh bells in the distance.
Small-cap $RTY $RUT $IWM (TNA). Short interest remains high in small-cap stocks: The median Russell 2000 stock has a short interest of 5.5% of its market cap, the highest among major indices. This is more than double the 2.5% for Nasdaq-100 stocks and 2.4% for S&P 500 stocks, with the S&P 500 figure the highest in 7 years.o hit their absolute most bullish part of the fund flow year in the final 2 weeks of December (83% hit rate). TNA
This week is TSLA’s most reliable bullish window. Nine of the last ten years have been green, with an average gain of +3.7%.
Bitcoin is up about $2K from this morning’s low, which is a good sign for risk-on heading into the week if it can hold gains overnight.
I like all our longs and may look to add some new ones this week. In the meantime, some P&L names that are still OK to buy include: OPEN, MSFU, CARR, TEM, and NBIS, if it dips a couple of points.
I very much like the look of ORCL here; they are expected to report earnings this week, but be careful around the report, as earnings are a 50/50 proposition.
Some new names I am looking at include: ROKU, CIFR, NVDA, EOSE, and NXT.
See you in the chatroom in the morning. If anyone needs a link to access the room, send an email.
Have a great night.