S&P 500 Could Remain Range-Bound as 2025 Closes Out
The S&P 500 remains range-bound as 2025 closes, with neither bulls nor bears in control. Historically, the second half of December is strong for the SPX, but recent resistance around 6,900 poses a challenge. The index fluctuates between 6,550 and 6,900, influenced by sector performances. Selling options premium has been profitable, and the upcoming quarterly expiration could impact movements. Global asset managers' cash holdings are at a record low, potentially limiting buying power. The market remains uncertain as the year ends.
Schaeffers·
