Thursday Market Update – December 4, 2025

In today’s video, we reviewed key developments across the major indices, crypto, and several leading stock themes:

* Indices (SPY, QQQ, IWM, DIA):

A bullish consolidation continues, with the S&P and Nasdaq drifting sideways near highs, while small caps (IWM) and the Dow (DIA) show notable relative strength. Buyers remain in control for now, but we may see some digestion after a strong run.

* Crypto (BTC, ETH, SOL):

Early signs of constructive basing, but major tokens are still facing resistance. Momentum is building, but caution remains warranted.

* MAG-7 Check-In:

* Apple & Google continue to lead with bullish consolidation.

* Meta popped on cost-cutting news but hit overhead resistance.

* Microsoft, Amazon, Nvidia, and AMD are mixed to weak and mostly range-bound.

* Thematic Strength – Rotation in Play:

* Nuclear (e.g., NLR, OKLO)

* Quantum computing

* Aerospace & drones

All showed strong upside today, suggesting rotation into speculative and growth themes as large caps rest.

* Takeaway:

Momentum remains healthy with selective strength. We’re watching for potential short-term consolidation in overheated areas and continued rotation as the market prepares for its next leg.

The Disclosures

***This is NOT financial advice. This is NOT a recommendation to buy, sell, or trade any security. The content presented here is intended for educational purposes only.

This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.trading-adventures.com/subscribe