My prediction is 6930. The minimal drop in the S&P 500 on December 26 appears to be characteristic of subdued post-holiday trading, combined with typical sector rotation and market consolidation after a recent rally. Short-term market fluctuations are normal and driven by a confluence of factors including economic data, corporate news, and investor sentiment. $IREN Ltd (IREN.US)$ is one of the utility/AI play I'm watching closely. Within efficient and reliable power supply, AI will not take flight and the bubble will burst. I took some last minute option trades to see what happens. 2 other older option:sell trades looks like it's going to expire with the worthless if nothing major happens in the next few hours.
The minimal drop in the S&P 500 on December 26 appears to be characteristic of subdued post-holiday trading, combined with typical sector rotation and market consolidation after a recent rally. Short-term market fluctuations are normal and driven by a confluence of factors including economic data, corporate news, and investor sentiment.
$IREN Ltd (IREN.US)$ is one of the utility/AI play I'm watching closely. Within efficient and reliable power supply, AI will not take flight and the bubble will burst. I took some last minute option trades to see what happens.
2 other older option:sell trades looks like it's going to expire with the worthless if nothing major happens in the next few hours.