According to @KobeissiLetter, the S&P 500 Communication Services sector has surged 184% over the last three years, marking the strongest 3-year gain on record, surpassing the 155% peak from the 2000 Dot-Com era (source: @KobeissiLetter). Since the 2022 bear market low, the sector has rallied nearly 200%, with META up 588% and GOOGL up 259%, driving outsized sector returns (source: @KobeissiLetter). The Communication Services index now trades 39% above its March 2000 peak, underscoring an unprecedented momentum regime in US tech (source: @KobeissiLetter). For crypto traders, prior cycles have shown that BTC’s correlation with US tech equities can rise during risk-on phases, suggesting sector momentum may inform BTC and ETH beta monitoring (source: Kaiko).

According to @StockMKTNewz, Tesla TSLA has confirmed it will report earnings after the market close on Wednesday, January 28, 2026, setting a clear near-term catalyst for traders; source: @StockMKTNewz on X, January 2, 2026. Earnings announcements typically drive elevated options implied volatility into the event and a post-report volatility crush in single-name equities like TSLA, a dynamic documented by the Cboe Options Institute and OptionMetrics research; source: Cboe Options Institute and OptionMetrics. Because BTC and ETH have shown periods of positive correlation with US tech equities, crypto traders monitor mega-cap tech earnings such as Tesla’s for risk sentiment cues that can spill over to digital assets; source: Kaiko Research 2023–2024 and Coinbase Institutional 2024.

According to @StockMKTNewz, the worst-performing S&P 500 stocks in 2025 include Trade Desk down 67.7%, Fiserv down 67.3%, Alexandria Real Estate down 49.8%, Deckers down 49.0%, Gartner down 47.9%, Lululemon down 45.7%, Dow down 41.7%, LyondellBasell down 41.7%, and Molina Healthcare down 40.4% (source: @StockMKTNewz). The scale of these declines spans roughly 40% to nearly 68%, which the source characterizes as the official worst performers list for 2025 (source: @StockMKTNewz). Periods of equity stress have historically coincided with higher short-term correlations between crypto and stocks, so BTC and ETH traders may monitor cross-asset flows as S&P 500 laggards capitulate (source: IMF Global Financial Stability Note Jan 2022; BIS Bulletin 2022 No. 52).

According to @StockMKTNewz, the Russell 2000 closed the year with an 11.4 percent gain. source: @StockMKTNewz on X, Dec 31, 2025. The Russell 2000 represents U.S. small-cap equities and can be accessed via the iShares Russell 2000 ETF, ticker IWM. source: FTSE Russell index overview; iShares IWM fund description. For crypto market participants, equity risk sentiment is a tracked input because Bitcoin and other digital assets have exhibited periods of positive correlation with U.S. equity indices in 2023–2024. source: Kaiko Research correlation reports 2023–2024. The index’s 2025 gain provides a reference point for cross-asset risk sentiment tracking alongside BTC and ETH price action. source: @StockMKTNewz; Kaiko Research.

According to @lisaabramowicz1, the S&P 500 is up 17.4 percent year to date as of Monday’s US close, while the MSCI All Country World ex US index is up 29 percent, the widest US underperformance versus the rest of the world since 2009, source: @lisaabramowicz1. This implies an 11.6 percentage point performance spread favoring non US equities, offering a concrete relative strength measure that traders can monitor for cross asset positioning, source: @lisaabramowicz1. Crypto traders can reference this spread when evaluating BTC and ETH risk exposure within broader global risk sentiment analysis, source: @lisaabramowicz1.

According to @StockMKTNewz, Kalshi’s prediction market currently implies just a 10% chance that the S&P 500 will cross above 7,000 in 2025. Source: @StockMKTNewz; Kalshi. On Kalshi, Yes contract prices map directly to market-implied probabilities, so a 10% probability corresponds to roughly $0.10 per contract. Source: Kalshi. Crypto traders track these equity odds because Bitcoin has shown increased correlation with U.S. equities since 2020, making equity risk signals relevant for digital asset sentiment. Source: IMF 2022; BIS 2022.

According to The Kobeissi Letter, earnings growth explains 79% of the S&P 500’s year-to-date 2025 return, up 24 percentage points year over year, nearly triple the 2023 share, and on track for a second consecutive annual increase in earnings’ contribution (source: The Kobeissi Letter). For crypto traders, IMF research documents that Bitcoin and U.S. equities have exhibited significantly higher return correlations since 2020, implying that equity rallies led by fundamentals such as earnings can coincide with stronger crypto risk appetite (source: International Monetary Fund). This makes upcoming S&P 500 earnings prints and revisions a relevant macro input for BTC and ETH volatility via the cross-asset correlation channel identified by the IMF (source: International Monetary Fund).

According to the source, the S&P 500 closed at a new all-time high; traders should verify the official closing level with S&P Dow Jones Indices before acting. Source: the source post dated Dec 24, 2025; Source: S&P Dow Jones Indices. Since 2020, Bitcoin has shown increased comovement with U.S. equities during risk-on phases, suggesting an equity breakout can raise BTC’s short‑term upside beta. Source: Bank for International Settlements, Bulletin No. 57 on crypto and risk-asset correlation. For confirmation and timing, monitor U.S. spot Bitcoin ETF net flows, Treasury yields, and the U.S. Dollar Index, which desks commonly track as crypto drivers alongside equities. Source: U.S. Securities and Exchange Commission approval of spot Bitcoin ETFs in Jan 2024 and issuer flow disclosures; Source: Federal Reserve H.15 Selected Interest Rates; Source: ICE U.S. Dollar Index methodology; Source: Kaiko research on macro drivers and BTC-equity correlation.

According to CNBC, the S&P 500 is showing signs there may not be a Santa Claus rally this year, undermining the typical late-December seasonal tailwind for equities. According to the Stock Trader's Almanac, the Santa Claus rally spans the last five trading days of December and the first two of January, and a negative outcome in this seven-session window is historically viewed as a cautionary signal for near-term market strength. According to Kaiko Research, BTC’s correlation with U.S. equities tends to rise during risk-off episodes, making equity weakness into year-end an important signal for crypto risk sentiment and momentum positioning.

According to @CNBC, the European Union Chamber of Commerce in China says supply chain diversification away from China is progressing from talks to action, as reported by CNBC. According to @CNBC, traders can treat this CNBC headline as a macro catalyst to reassess exposure in China-linked equities, European industrials, Asia FX, and risk assets including crypto given the reported shift toward execution. According to @CNBC, crypto market participants may watch BTC and ETH for changes in risk appetite around this macro headline, with CNBC providing the primary source report.

According to Matt Hougan, markets are signaling that the latest development is unlikely to derail Hassett, implying perceived event risk remains low for risk assets and crypto exposure, source: Matt Hougan on X. Hougan did not provide price or volume data, but his comment indicates a neutral near-term read-through for crypto market positioning and volatility, source: Matt Hougan on X. Absent corroborating stress in market metrics, the remark suggests no immediate repricing pressure for crypto, source: Matt Hougan on X.

According to @CNBC, the latest Daily Open asks whether the year-end setup will deliver joy to 2025, signaling a focus on how December momentum could carry into the new year for risk assets, which traders often track for positioning and rotation. source: CNBC on X, Dec 1, 2025 For crypto traders, equity risk appetite into year-end matters because BTC and major tokens have shown stronger co-movement with U.S. stocks since 2020, making cross-asset cues relevant for allocation and risk management. source: International Monetary Fund, Crypto Prices Move More in Sync with Stocks, 2022 Given the headline’s emphasis on year-end momentum, traders can monitor S&P 500 trend, the U.S. dollar, and broader risk sentiment as inputs for crypto exposure, aligning with the correlation dynamics highlighted by research. source: CNBC on X, Dec 1, 2025; International Monetary Fund, Crypto Prices Move More in Sync with Stocks, 2022

According to @StockMKTNewz, Mastercard SpendingPulse reported U.S. Black Friday retail sales excluding autos rose 4.1% year over year, while e-commerce sales increased 10.4% year over year, offering a bullish holiday read-through for consumer demand (source: Mastercard SpendingPulse via @StockMKTNewz, Nov 29, 2025). SpendingPulse measures in-store and online sales across all forms of payment, providing a broad, near-real-time view of retail activity during the holiday season that traders use for Q4 demand tracking (source: Mastercard SpendingPulse methodology, Mastercard Inc.). On equity watchlists, stronger holiday spend data often centers attention on consumer discretionary and e-commerce exposures such as XRT, XLY, AMZN, SHOP, and on payment networks MA, V, PYPL whose revenues are tied to transaction volumes (source: State Street Global Advisors fund descriptions for XRT/XLY; Mastercard, Visa, PayPal 10-Ks). For crypto, macro demand surprises are monitored given the documented increase in crypto–equity correlations since 2020, meaning BTC and ETH can be sensitive to shifts in risk sentiment from U.S. growth data (source: International Monetary Fund, Crypto Prices Move More in Sync With Stocks, 2022). Next catalysts include Cyber Monday and subsequent holiday-season updates from Mastercard SpendingPulse and the National Retail Federation that traders use to refine Q4 revenue expectations for retail and payments sectors (source: Mastercard SpendingPulse holiday reports; National Retail Federation seasonal outlooks).

According to @charliebilello citing WSJ, shoppers spent over $5.5 billion at Goodwill retail stores across the US and Canada last year, a record total and 37% above 2019, highlighting resilient thrift demand. According to @charliebilello citing WSJ, foot traffic to Goodwill locations rose 9.5% in the first 10 months of this year versus 2024, more than double the increase at other clothing stores, underscoring relative outperformance in thrift versus broader apparel. According to @charliebilello citing WSJ, traders can use this relative performance as a signal when positioning in consumer discretionary equities and as a macro input for broader risk sentiment, including crypto.

According to @KobeissiLetter, Nasdaq 100 futures extended gains to about +1.5% after Nvidia (NVDA) beat earnings expectations, indicating a strong bid in mega-cap tech futures. source: @KobeissiLetter BTC and ETH have exhibited periods of positive rolling correlation with the Nasdaq 100 during 2023–2024, making equity-led risk moves relevant to crypto trading setups today. source: Kaiko Research

According to @StockMKTNewz, Netflix has completed a 10-for-1 stock split and NFLX is now trading on a split-adjusted basis (source: @StockMKTNewz). In a forward stock split, the share price is divided by the split ratio and the number of shares increases proportionally while total market capitalization remains unchanged, which explains the apparent ~90 percent drop in price post-split (source: SEC Investor.gov). For derivatives traders, standard equity options are adjusted so strikes are divided by the split ratio and contracts continue to represent 100 post-split shares under OCC adjustment procedures (source: Options Clearing Corporation). Historically, crypto assets such as BTC and ETH have shown positive correlations with U.S. tech equities, so heightened attention around mega-cap tech events can coincide with shifts in crypto risk sentiment and liquidity (source: International Monetary Fund).

According to @KobeissiLetter, mentions of job cuts and economic slowdown on US earnings calls fell to 59 in October 2025, the lowest since February 2022 (source: The Kobeissi Letter on X, Nov 8, 2025). The post adds that September recorded 137 such mentions, the fewest for any September since 2021 (source: The Kobeissi Letter on X, Nov 8, 2025). Since April, references to negative macro headwinds have declined 90 percent (source: The Kobeissi Letter on X, Nov 8, 2025). For context, the 2022 peak was about 1,500 mentions, roughly 24 times current levels (source: The Kobeissi Letter on X, Nov 8, 2025). The author highlights that this improvement in corporate commentary stands in sharp contrast to the recent slowdown in job-market hiring (source: The Kobeissi Letter on X, Nov 8, 2025). For trading, this decline in negative macro mentions can be used as a macro sentiment input when sizing beta exposure across equities and crypto, including BTC and ETH, while monitoring remaining earnings calls for confirmation of the trend (source: The Kobeissi Letter on X, Nov 8, 2025).

According to @StockMKTNewz, the combined market capitalization of the top ten global stocks rose to USD 26.92 trillion from USD 26.03 trillion last week (source: @StockMKTNewz on X, Nov 1, 2025). That is an increase of USD 0.89 trillion, approximately 3.4 percent week over week, based on the reported figures (source: @StockMKTNewz; derived calculation). For trading context, the reported mega-cap equity strength can serve as a cross-asset risk gauge; crypto traders can monitor BTC and ETH for potential spillover in risk appetite during US hours using this equity data as context (source: @StockMKTNewz for the equity figures).

According to @CNBC, premarket stock movers highlighted on Oct 20, 2025 include Cleveland-Cliffs (CLF), Liberty Energy (LBRT), and Hologic (HOLX), with @CNBC identifying them among the biggest U.S. premarket moves. @CNBC lists these tickers in its premarket roundup of active names before the cash open, per @CNBC. While @CNBC focuses on equities, crypto traders can watch whether the equity risk tone reflected by @CNBC’s premarket movers aligns with intraday momentum in BTC and ETH, as @CNBC provides no direct crypto-specific commentary in this post.

According to @business, Morgan Stanley reported zero dollars in loan-loss provisions in its latest results amid emerging concerns about US credit quality, marking a notable stance on reserve builds this quarter, source: Bloomberg via @business, bloomberg.com. A zero provision removes incremental credit expense under CECL for the period, mechanically supporting reported earnings relative to quarters with reserve builds, source: FASB ASC 326 Current Expected Credit Loss. For traders, this datapoint is central to pricing Morgan Stanley credit risk and bank equity volatility, and bank-stress shifts have historically transmitted to crypto risk sentiment through tighter financial conditions, source: IMF Global Financial Stability Note 2022 on equity-crypto correlations; BIS Bulletin 2023 on crypto risk linkages. Key watch items now include management guidance on net charge-offs and reserve outlook, ICE BofA US High Yield OAS for macro credit tone, and BTC and ETH volatility and funding metrics for spillover, source: FASB ASC 326; ICE BofA Indices; CME CF and Deribit volatility benchmarks.