When we said the shutdown would be more noise than news, we meant it.

Since the government shut down on October 1st, the S&P 500 is actually up 1.1% — right in line with what history told us to expect.Our confidence in that outlook wasn’t guesswork. It’s grounded in the research we subscribe to and enhanced by our custom AI model, which helps us recognize when historical patterns and current market dynamics start to align.That same playbook continues to guide us. After strong years like this one, October often serves as a digestion month— some chop, a little pause — before markets typically deliver stronger-than-average November and December performance.At RollingWave Capital, we’ve outlined where we want to focus portfolios for the year-end push — but our approach is dynamic by design. We adjust as new opportunities emerge, balancing long-term conviction with the ability to capitalize on short-term setups.If you’ve been considering making a change, now’s the time to get your ducks in a row — so you’re positioned for the final stretch of 2025 and beyond