Markets held above key volatility triggers, keeping risk-on sentiment intact. Tech leaders like AAPL, NVDA, and AMD helped lift the Nasdaq, while META and MSFT cooled. Wave 2 pullback still expected before upside resumes.

In this video, Ira Epstein discusses the current state of the financial markets as of December 1, 2025, focusing on the correction in stock indices and anticipating a pullback as a potential buying opportunity during the seasonal rally.

Silver price falls to around $56.70 during the Asian trading hours on Tuesday. The white metal faces some profit-taking after reaching a record high in the previous session.

The NZD/USD pair ticks lower during the Asian session on Tuesday and moves further away from an over one-month peak, around mid-0.5700s, touched the previous day.

GBP/USD slid at the start of December, dropping about 0.25% as the pair retreated from a key resistance zone. The move signals renewed bearish pressure on the Pound unless broader market flows shift away from the strengthening US Dollar.

Gold miners rallied. Silver popped. The market squeezed higher all week. Then Monday morning happened. TLT dropped hard at open. Long bonds got hammered over the weekend. Nobody saw what came next.