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As We Close Out 2025

As We Close Out 2025

December 31, 2025

What the Market Is Telling Us Heading Into the New Year

As the year comes to a close, many investors naturally pause and ask a simple question:

“What kind of market are we heading into next?”

Rather than guessing, it’s often helpful to look at what the market itself is signaling—particularly through tools that reflect how investors are positioning for the future, not just what prices have done in the past.

One of those tools is implied momentum, which uses options pricing to gauge where strength, weakness, and uncertainty are building beneath the surface of the market.

Here’s what it’s telling us as we head into the new year.


A Market That Is Stable—but Thoughtful

As of the final trading days of 2025, implied momentum data shows a market that is neither euphoric nor fearful.

  • Roughly half of all stocks are sitting in neutral or transitional momentum ranges

  • About 30% are showing strong or improving momentum

  • Just over 20% are in weaker momentum zones

  • Overall implied volatility remains elevated, but controlled

In plain language, this points to a market that is stable, but cautious—one that is absorbing a lot of information and waiting for clarity rather than moving aggressively in either direction.


Why This Matters for Investors

Markets like this tend to reward discipline over prediction.

When uncertainty is elevated:

  • Leadership becomes selective, not universal

  • Volatility can create opportunity—but also test patience

  • Risk management matters as much as return potential

This is often when investors benefit most from staying aligned with a clear strategy, rather than reacting to headlines or short-term market swings.


A Natural Moment to Pause and Review

The end of the year isn’t about making bold predictions—it’s about making sure your plan still fits your life.

As we move into 2026, it can be helpful to revisit a few grounding questions:

  • Am I comfortable with the amount of risk I’m taking right now?

  • Does my portfolio still align with my long-term goals?

  • Do I understand how my plan is designed to respond if markets remain volatile?

These questions tend to matter far more than where the market may go next month or next quarter.


Closing Thought

The market is entering the new year balanced, watchful, and selective—not broken, not euphoric, and not without opportunity.

If you’ve been meaning to revisit your own strategy—or simply want a clearer picture of how your plan is positioned heading into the new year—I’m always open to having that conversation.

Sometimes a short, thoughtful discussion is all it takes to bring clarity and confidence into the year ahead.