$Dow Jones(.DJI)$ $NASDAQ(.IXIC)$ $S&P 500(.SPX)$ Midday Market Check: Stocks gave back early gains midday as tech weakness lingers. $DJI & $IXIC turned red, with Nasdaq eyeing a THIRD-straight loss, while $SPX hovering near flat. AI/data-center valuations remain a drag & $BTC slipping to $85K range again.

If traders are right, Treasuries could be setting up for their best year since 2020! Options traders are already positioning for a sentiment shift toward a Q1 rate cut, even as futures don’t fully price the next move until mid-year, with a second cut penciled in for October. 👇

Wall Street is warming up to $RUT in 2026.

BofA, JPM, BTIG all see falling rates, accelerating growth, and rotation out of frothy megacaps driving Russell 2000 / S&P Small Cap 600 outperformance next year. BofA sees 17% earnings growth for small caps vs 14% for large caps.

𝓗𝓪𝓹𝓹𝔂 𝓣𝓻𝓪𝓭𝓲𝓷𝓰 𝓐𝓱𝓮𝓪𝓭! 𝓒𝓱𝓮𝓮𝓻𝓼, 𝓑𝓒🍀🍀🍀