It feels like those lazy summer days, when all the wealthy folks from Wall Street have camped out in the Hamptons or somewhere even more glamorous. It's tricky to decipher a valid message beyond ‘let’s rest up’ for January 5, 2026. The market will close near the all-time high, as the ball drops tonight.

No Fear, No Greed?

It's kind of cool that the so-called Fear & Greed Index is closing out right smack dab in the middle. A week ago, it was in the “greed” zone; a month ago, in the “extreme fear” zone.

There is a vast gulf between names down only fractionally from 52-week highs, and those down a country mile (Oracle Corp (ORCL), UnitedHealth Group (UNH)). It will be interesting to see which fetches the most action going into 2026.

Happy New Year

It's been an honor and a privilege to help so many investors.

We pledge to continue the commitment and work.

Thank You

Charles V. Payne