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December 26, 2025 at 10:00 a.m. EST
Welcome back to the handful of you checking in today. Hopefully you enjoyed Christmas and Santa came through with everything you hoped for. As expected, it is a very quiet day unless you’re trading metals which are snapping back after a brief reversal ahead of the holiday. The measuring period for the Santa Clause Rally began on Tuesday with the S&P 500 closing modestly higher hitting a new all-time high. US equities are off to a mixed start after a quiet overnight session with pockets of Asia and all of Europe closed.
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