Here is my outlook for the market and some of my core positions for December 30th, 2025. This outlook is pure technical view based on simple technical rules:

 

SPX – I trade options against SPX (and /ES futures) to generate income that can be invested into dividend stocks or growth stocks. Trading was still muted with a slight retread (the media told us due to NVDA, but no one really knows). It could be expected given the recent rally that a pullback was coming. With no volume, anything can happen now. But the market is still bullish. I still expect it to continue up until the end of the year and we may see an uptrend in the first week in January 2026 too.

 

TQQQ – this is my core growth position. TQQQ is a 3x leveraged SPX fund. It goes up three times the market move. It also goes down three times, so if you decide to ride it down be prepared for two whacks (slaps in your face) – steep drawdown and rebalancing decay. The chart is now bullish but still weak. Today, we had a gap down and a pullback. There was a chance that it would close below 50 day MA and change the overall picture. The end of the session rally changed it and TQQQ finished above the support.  I am now in TQQQ position (I fully converted my holdings into  LEAPS) and started also selling covered calls. So far the trades are showing nice profit but I am ready to get out should the trend change.

 

 

BTC – not a big fan of Bitcoin, but trading it for a good potential of good gains if you catch the trend. Bitcoin staged a rally but it was decisively rejected at 50 day MA. It is creating a base pattern (range bound stage 1) and we need to wait to see which direction BTC wants to go. If we break up from the base, we can see a new rally up. Of course, we may see the opposite too. Bears still have an upper hand here.  As it is approaching the 50 day MA we will need to decide how to play it, but since the MA trend is down, we will most likely have to wait and see rather than jumping in right away. However, this consolidation pattern tells us one thing: the longer the pattern lasts, the most meaningful and significant the breakout will be. And if we break up, expect fast and strong rally up. If not, brace for another leg down. I still recommend to stay away. I am in cash.

 

 

 

Happy trading/investing!

 

Here is my entire spreadsheet with all positions.

—