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Silver Volatility Heats Up Amid Document Run

December 31, 2025
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We’re into the final week of 2025 as silver’s rally is hitting a roadblock and as Apple bulls search for a bounce. The Day by day Breakdown digs in.

Earlier than we dive in, let’s ensure you’re set to obtain The Day by day Breakdown every morning. To maintain getting our every day insights, all it’s worthwhile to do is log in to your eToro account.

Weekly Outlook

We’ve reached Week 52 of 2025, and with the Santa Claus Rally window now open, bulls are hoping for extra positive aspects throughout one other abbreviated buying and selling week. US inventory markets will function as regular from Monday by Wednesday, shall be closed on Thursday for New Yr’s Day, and Friday will mark the primary buying and selling day of 2026.

There are few financial occasions to give attention to this week, and no main earnings experiences on the calendar. That leaves buyers watching the belongings exhibiting essentially the most pronounced strikes as year-end approaches.

Silver Isn’t Only for Second Place

Silver has captured Wall Road’s consideration currently. Costs are up greater than 150% thus far this yr, following an 18% achieve simply final week. Whereas silver is off to a tough begin this week — down about 5% — expectations for volatility proceed to rise alongside costs. At present driving a five-week profitable streak, with positive aspects of greater than 50% over that span, the important thing query is whether or not silver can finish the yr on a excessive notice or lastly submit a crimson week.

383.1 million shares of the SLV ETF traded final week, its highest complete since February 2021.

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The Setup — Apple

Since its August low, Apple has been on a gentle march greater, with assist coming into play earlier than the inventory examined its 50-day transferring common. Now AAPL shares are literally testing the 50-day, giving bulls cause to consider a bounce might be in retailer. 

Chart as of the shut on 12/29/2025. Supply: eToro ProCharts, courtesy of TradingView.

If the inventory can discover assist close to the $270 stage, bulls may search for a bounce again towards the current highs. Nonetheless, if assist fails to materialize, a bigger correction might proceed to play out in Apple. 

Choices

As of December twenty sixth, the choices with the very best open curiosity for AAPL inventory — which means the contracts with the most important open positions within the choices market — had been the January $270 calls. 

Traders who’re bullish might think about calls or name spreads as one method to speculate on additional upside, whereas bearish buyers might think about places or put spreads to take a position on an additional transfer to the draw back. For choices merchants, it could be advantageous to have satisfactory time till the choice’s expiration. 

To study extra about choices, think about visiting the eToro Academy.

What Wall Road’s Watching

GOLD

Silver has been on fireplace, however gold has completed nicely too because it lately hit document highs. Using a three-week win streak, bulls have seen the GLD ETF and the gold miners ETF — the GDX — rise in current weeks as nicely. To this point, the steel is up virtually 70% thus far this yr. Try the charts for the GLD. 

BTC

After a robust return by Q3, Bitcoin has wavered in This fall and is presently down about 23% for the quarter — although it’s down simply 6.5% yr to this point. That mentioned, value motion has been comparatively quiet in current weeks, with BTC down lower than 1% since November 24. Now bulls are asking the important thing query: Will Bitcoin reawaken in Q1 and supply a carry to Ethereum, Solana, and different main cryptoassets? IBIT stays the most important ETF by belongings, whereas additionally supporting choices buying and selling. 

XLF

The Monetary Choose Sector SPDR Fund — XLF — hit new 52-week highs final week, as shares like JPMorgan, Financial institution of America, and Morgan Stanley all pushed to recent annual highs on Friday. These positive aspects proceed to energy the sector greater. Up 15% thus far this yr, financials stay firmly on bulls’ radar as we head into 2025.

Disclaimer:

Please notice that on account of market volatility, a number of the costs might have already been reached and situations performed out.



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