In partnership with
Starting this week, the Prosperiax Brief is moving from Sunday mornings to Friday after market close. The goal is simple: deliver a clean, complete recap of the full trading week while the data is still fresh.
Here’s how the updated schedule now looks:
Friday at 3:00 PM PT — Free Friday Brief
A full recap of the week across markets, crypto, and commodities.
Sunday at 8:00 AM PT — Sunday Gold Gameplan
A forward-looking framework focused on positioning, risks, and what matters most for the week ahead.
Wednesday at 7:00 PM PT — Gold Wednesday Check-In
A midweek reset to reassess market conditions, momentum, and key developments.
Same structure. Same discipline. Just better timing.
Want the Forward-Looking View?
Upgrade to Prosperiax Gold for deeper context, weekly positioning frameworks, and midweek check-ins focused on what comes next.
Your Sunday Market Brief
Opening Insight
This week was about recalibration rather than resolution. Markets opened under pressure as investors reassessed the pace and payoff of AI spending, then steadied after inflation data reinforced expectations for easier policy ahead. That shift helped arrest early weakness, but it did not produce broad follow-through.
Instead, the week settled into a familiar pattern: selective strength, rotation under the surface, and hesitation at the index level. Technology remained volatile, energy weakened further, and defensive areas quietly absorbed capital. By Friday’s close, the data reflected a market still constructive — but increasingly discriminating about where risk is rewarded.
Market Recap
U.S. equities finished the week mixed after a volatile stretch. The S&P 500 edged modestly higher, the Nasdaq outperformed, and the Dow lagged. Early-week pressure followed renewed concerns around AI capital spending, while midweek inflation data eased rate expectations and supported a rebound. Lower yields and a softer dollar helped sentiment stabilize, but gains remained uneven as sector rotation continued into the close.
The S&P 500 ended the week roughly flat. Losses in technology and energy weighed on the index, while healthcare provided support. Stock-specific moves drove performance, leaving the index range-bound despite internal rotation.
The Nasdaq finished higher after a volatile week. Midweek selling tied to valuation concerns gave way to a late rebound as semiconductor earnings and easing rate pressure revived appetite for large-cap growth.
Stocks That Won The Week
Trump Media & Technology Group
$DJT
+51.17%
DJT surged following news of a major strategic transaction involving a proposed all-stock merger with fusion energy firm TAE Technologies. The announcement drove a sharp repricing as investors reacted to the scale and ambition of the deal.
Affirm Holdings
$AFRM
+12.46%
Affirm advanced as investors rotated back into consumer-linked growth names. The move reflected renewed confidence in discretionary spending trends and improving sentiment toward buy-now-pay-later platforms following recent stabilization in credit conditions.
Texas Pacific Land Corp
$TPL
+9.06%
Texas Pacific Land climbed as energy-linked land and royalty exposure regained favor. Strength in the stock was supported by its unique asset structure, strong balance sheet, and continued leverage to Permian Basin activity.
Stocks That Lost The Week
Bloom Energy
$BE
−7.80%
Bloom Energy declined amid broader weakness in clean energy equities. The move followed investor reassessment of demand visibility and margin pressures across the hydrogen and fuel cell space.
Oklo
$OKLO
−6.50%
Oklo sold off as nuclear-related momentum cooled. The pullback appeared driven by profit-taking after a strong prior run and fading geopolitical urgency tied to energy security narratives.
Inspire Medical Systems
$INSP
−26.68%
Inspire Medical moved lower as medical device stocks faced pressure. The decline reflected valuation sensitivity and rotation away from higher-multiple healthcare names rather than company-specific developments.
Sector Snapshot
Sector | Weekly Change | YTD Change |
|---|---|---|
Technology - $XLK | − 1.59% | + 23.40% |
Energy - $XLE | − 4.14% | + 2.22% |
Financials - $XLF | − 0.58% | + 12.89% |
Industrials - $XLI | − 1.49% | + 17.43% |
Healthcare - $XLV | + 0.77% | + 12.06% |
Technology lagged as investors trimmed exposure to extended AI winners, while energy sank further amid oversupply concerns and falling crude prices. Financials and industrials drifted lower but remained relatively stable as capital rotated away from growth. Healthcare outperformed, supported by defensive positioning and positive pharmaceutical developments.
Invest right from your couch
Have you always been kind of interested in investing but found it too intimidating (or just plain boring)? Yeah, we get it. Luckily, today’s brokers are a little less Wall Street and much more accessible. Online stockbrokers provide a much more user-friendly experience to buy and sell stocks—right from your couch. Money.com put together a list of the Best Online Stock Brokers to help you open your first account. Check it out!
Crypto Recap
Cryptocurrencies weakened alongside broader risk assets. Bitcoin slipped modestly and failed to participate in late-week equity gains. Ethereum and higher-beta altcoins declined more sharply as year-end rebalancing and fund outflows weighed on sentiment. ETF withdrawals and regulatory uncertainty continued to pressure the space despite a more favorable macro backdrop.
Performance Overview
Asset | Weekly Change | YTD Change |
|---|---|---|
Bitcoin ($BTC) | − 1.51% | − 5.90% |
Ethereum ($ETH) | − 4.39% | − 10.38% |
Solana ($SOL) | − 4.15% | −38.47% |
XRP ($XRP) | − 3.15% | − 8.40% |
Mover Of The Week
Ethereum
Ethereum fell 4.39% on the week, underperforming peers. The decline reflected portfolio rotation toward Bitcoin, continued outflows from ETH-focused funds, and technical weakness after breaking below key support. The move appeared structural rather than fundamental, tied to positioning and liquidity rather than network health.
Commodities Recap
Precious metals led the complex higher as gold and silver benefited from easing rate expectations and safe-haven demand. Silver significantly outperformed amid tight supply conditions. Oil remained under pressure, stabilizing after recent declines as oversupply concerns offset geopolitical developments. Copper edged higher, holding near record levels on continued supply constraints.
Asset | Weekly Change | YTD Change | Context |
|---|---|---|---|
Gold - $XAUUSD | + 1.30% | + 65.28% | Fed pivot expectations lifted demand |
Oil - $CL1! | − 0.58% | − 21.28% | Oversupply capped prices |
Copper - $HG1! | + 0.68% | + 36.06% | Supply tightness supported gains |
Silver - $XAGUSD | + 5.75% | +127.25% | Safe-haven demand accelerated |
Macro Drivers
Commodity markets were shaped by shifting policy expectations and supply dynamics. Cooling inflation reinforced expectations for easier monetary policy, weakening the dollar and supporting precious metals. Energy markets faced headwinds as oversupply projections and easing geopolitical risk weighed on crude. Industrial metals remained supported by long-term demand and constrained supply, though gains were moderated by currency moves and year-end positioning.
All the stories worth knowing—all in one place.
Business. Tech. Finance. Culture. If it’s worth knowing, it’s in the Brew.
Morning Brew’s free daily newsletter keeps 4+ million readers in the loop with stories that are smart, quick, and actually fun to read. You’ll learn something new every morning — and maybe even flex your brain with one of our crosswords or quizzes while you’re at it.
Get the news that makes you think, laugh, and maybe even brag about how informed you are.
Final Take
This week reinforced a theme that has been quietly building: markets are not short on liquidity, but they are increasingly selective about where it flows. Inflation data helped steady sentiment and revive growth late in the week, yet leadership remained narrow and sector performance diverged sharply.
Technology’s volatility, energy’s continued weakness, and healthcare’s resilience point to a market balancing optimism about policy with caution about valuations and demand. Crypto and commodities echoed that tension — sensitive to macro shifts, but restrained by positioning and structural forces.
As markets move deeper into year-end, attention will turn to positioning, seasonality, and whether easing financial conditions can broaden participation. For now, the data suggests stability without conviction — and a market still deciding where the next durable trend emerges.
If you value this detailed, weekly market analysis from Prosperiax, please consider sharing this edition with a colleague or friend!