A NDW Christmas Story
Published: December 24, 2025
This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.
NDW's take on a Christmas Classic

A NDW Christmas Story

‘Twas the night before Christmas and all through the market

Not a ticker was stirring, not even Tesla nor Target.

The Point and Figure charts were updated after close with great care,

In hopes that more buy signals would soon be there.

 

The traders were nestled all snug in their bed,

With all-time highs dancing at the front of their head.

The analysts on their laptops, working hard as hard as can be.

“The markets are up!” They said with great glee!

 

When over on DALI there arose such a clatter, 

I sprang to my screen to see what was the matter. 

Midyear they drifted, a change in the tide, 

But Domestic’s back leading, with Global beside.

 

The intra-day upticks they caused me to rue

With equities at all-time highs, pullbacks sometimes seemed overdue.

When what to my wandering eyes did appear,

MMPR below 5? That’s a reason for cheer.

 

Oh how the markets can turn on a dime,

A reason to be tactical each and all of the time.

Although just buying tech has been fun…

You never know when a new trend has begun.

 

Oh what a treat to see what was before me

Coming down the chimney was Good Old Tom Dorsey

Tactically tilted, the accounts settled in,

As RS charts will find the places that win.

 

“On NVDA, on GOOGL, on Large-Cap Growth we depend, 

Off Staples and Real Estate, Energy we can’t recommend

This year’s returns have been ones to display,

Now rally, now rally, may the market rally each day!"

 

From here our little story is not worth predicting,

As leaders and laggards they are always shifting.

And while no one can tell what’s next on the docket,

It’s the ability to adapt that keeps money in our pocket.

 

From Bitcoin, to Equities, to Crude to TIPS

The one constant is change, so have a plan for the dips.

With alerts set on the models and eyes on the bell,

Momentum can help identify the right time to sell.

 

And with that, we close the book on what's been a pretty good year,

We can hope these returns continue, and don’t disappear.

From the team at Dorsey Wright as 2026 comes into sight,

"Merry Christmas to all, and to all a good night!"

 

Back to report

DISCLOSURE

This report is for Internal Use Only and not for distribution to the public. While we make every effort to be free of errors in this report, it contains data obtained from other sources. We believe these sources to be reliable, but we cannot guarantee their accuracy. Investors who use options should read the Options Disclosure Document before making any particular investment decision. Officers or employees of this firm may now or in the future have a position in the stocks mentioned in this report. Dorsey, Wright is a Registered Investment Advisor with the U.S. Securities & Exchange Commission. Copies of Form ADV Part II are available upon request.
Equity prices provided by Thomson-Reuters. Cross Rate prices provided by Tenfore Systems. Option prices provided by OPRA
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