Before we get started, remember that the market is closed Monday for Martin Luther King Jr. Day.

We also have the Presidential Inauguration day, and it seems like the market is feeling optimistic for the new administration, though there are concerns about fiscal policy.

The big question is whether the market will see a "sell the news" reaction to the inauguration, particularly in the crypto space, which has been leading in 2025.

But for now, the SPX is above the downtrend line near 5964-5980, which is definitely a good thing.

The longer we stay above that, the better for our longs.

The tricky thing will be figuring out which sectors are going to lead.

Banks and energy are winning in 2025, and we're even seeing some stability in small caps.

Make sure you keep an eye on rates.

Thankfully, TLT has come off the lows (as rates have backed down), which helped give the market a shot in the arm.

If TLT starts breaking down, the rally could be disrupted. So put it on your radar.

Now let's go through our names.

Amazon (AMZN) gapped up Friday and is holding most of the gains for now. I'd obviously like a strong close, but for now, it looks like one of the stronger Mag7 names.

DoorDash (DASH) has been building a nice upper channel and is one of my top names for 2025. I'd like to see it clear and hold $175.

ON Holding (ON) hit $58.33 today which was nice to see. This stock has a nice tight pattern and it seems like it's only a matter of time before it tests the $60 area.

-Scott