12/8/25 Recap

The SPY remains in an uptrend over the 8 ema as it continues to flag sideways. I imagine we won’t do much until FOMC passes on wednesday. This week we have Oracal reporting and their last report ignited lots of tech names after their OpenAI announcement, but other than that, there isn’t really much else in the news cycle right now into a slow end of the year period. The VIX is up over 10% today to nearly 17 which should be a warning sign that some caution is warranted.

My Open Book