A brief overview on the last week of positive market action.

Analyst Commentary:

• The S&P 500 rose 1.40% last week as we are midway through the historically strong “Santa Claus Rally” period. While the last two “Santa Claus Rallies” saw the market dip lower, this stretch has historically seen above average market returns.

• International equities had a similarly positive week, seeing proxy AXWX gain 1.5%, bringing its return across the full year to nearly 30%. International equities are on pace to beat the S&P 500 by more than 10% for the first time since 2007.

• Technology has been the best performing major sector this year, seeing proxy IYW gain 27.2%. However, it has averaged a 31.6% gain in years the S&P 500 is positive, meaning that technology is typically up even further in a good year for the market.

• After putting on an outstanding performance in 2025, both gold and silver moved to new all-time highs over the past week. Precious metals sit at the top of our asset class group scores page, maintaining an extremely strong average score above 5.4.

• It’s been a strong year for momentum, seeing representative MTUM outperform the S&P 500 by 5.4% YTD. When MTUM beats the market across a calendar year, it has outpaced the S&P 500 in 68% of following quarters, which bodes well for Q1 2026.

• Interested in finding out where the "Weight of the Evidence" sits for major markets as we move into 2026? Join our team of experts on Thursday, January 8th, at 1:00 PM EST for our quarterly webinar. See you there!

Nasdaq Dorsey Wright’s Weekly Featured Chart:

 To read more on sector performance in up and down years, you can read Monday's featured article HERE.

Major US Index Technical Review:

A summary of the performance of major indices, in addition to their Point & Figure information. 

The Group Score Minute:

Senior Equity Specialist Steve Raymond dives into the latest trends and changes within our Asset Class Group Scores. To listen now, click HERE.

Nasdaq Dorsey Wright Products:

The AdvisorShares Dorsey Wright FSM U.S. Core ETF (DWUS) is comprised of 2 ETFs—primarily in domestic large-cap equities—that demonstrate in our opinion, favorable relative strength characteristics.  During periods in which the Advisor believes the market indicates broad equity weakness and cash strength, the Fund invests in fixed-income ETFs with a short or ultra-short duration, money market funds, cash and cash equivalents.  To learn more about DWUS, Click HERE.

Want More? Don't Miss Out on Our Podcasts!

This week, we discussed the least surprising, the most surprising, and others securities that were among this year's most clicked on charts. To listen now, click HERE or on the image below. 

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