Were There Many Surprises In Monday Morning's Markets?

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Should You Buy, Sell, or Hold MP Stock for 2026?Is AI Driving Silver Prices Higher?Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today!China increased its military activity around Taiwan following a weekend earthquake and recent arms sales by US defense companies to Taiwan.Morning Summary: As I was settling into the office early Monday morning, the last Monday morning of 2025, the host of CNBC’s Worldwide Exchange program Frank Holland asked his guest for thoughts on the fact an ounce of silver is worth more than a barrel of oil. Honestly, I had not thought of it in those terms before, but that is what we’ve seen for much of December. What does this mean? My Blink reaction is the world, except for the United States, continues to move forward with high tech and green technology, continuing the evolution away from fossil fuels. As for markets to start the week, the spotlight was again on silver as the March contract (SIH26) initially rallied as much as $5.47 (7.0%) before running out of buy orders and falling as much as $8.96 from its early high. March was sitting $2.09 (2.7%) lower at this writing. While I don’t think silver has hit a tipping point, it is worth noting the market was showing volatility of 63%. As for news pre-dawn, one of the first stories I saw was China’s military getting more active around Taiwan following the weekend earthquake[i]. As expected, global equity markets were mostly lower to start the week. Corn: The corn market was quietly lower overnight through early Monday morning. It is only fitting I start the last week of 2025 with the opening line that has become synonymous with corn. After closing at the round number $4.50 last Friday, the nearby March issue (ZCH26) posted a 4.0-cent trading range – actually a large range considering what we usually see pre-dawn – from up 1.0 cent to down 3.0 cents on trade volume of 16,000 contracts. March was within sight of its session low at this writing. The latest CFTC Commitments of Traders report, for the week ending Tuesday, December 16 and released on Tuesday, December 23, showed Watson decreased its net-long futures position by 52,870 contracts, fitting with March closing 11.5 cents lower from Tuesday-to-Tuesday. However, March also posted a low daily close on Tuesday, December 16, rallying 11.0 cents through December 23 and 14.5 cents through December 24. This tells us Watson was defending the last of its net-long, likely based on the continued fundamental bullishness indicated by the May-July futures spread. This spread covered 29% calculated full commercial carry at last Friday’s close. The National Corn Index ($CNCI) was calculated at $4.11 last Friday, still below the previous 5-year end of December low near $4.3175.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,896.24 -9.50 (-0.14%)Dow 3048,367.06 -94.87 (-0.20%)Nasdaq23,419.08 -55.27 (-0.24%)Russell 20002,503.37 -16.43 (-0.65%)VIX14.13 -0.07 (-0.49%)Gold4,359.90 +16.30 (+0.38%)Trending tickersBTC-USD Bitcoin USD 87,821.83 +664.05 (+0.76%)NIO NIO Inc. 5.52 +0.17 (+3.28%)EKSO Ekso Bionics Holdings, Inc. 10.58 +5.12 (+93.77%)CETX Cemtrex, Inc. 2.9800 +0.8700 (+41.23%)PFSA Profusa, Inc. 0.1218 +0.0535 (+78.33%)PortfolioSign in to access your portfolioSign inTop gainersRARE Ultragenyx Pharmaceutical Inc. 22.78 +3.06 (+15.52%)FTAI FTAI Aviation Ltd. 197.69 +24.86 (+14.38%)FRMI Fermi Inc. 8.09 +0.57 (+7.58%)UAA Under Armour, Inc. 5.15 +0.37 (+7.74%)ONDS Ondas Holdings Inc. 8.99 +0.53 (+6.26%)Top losersCORT Corcept Therapeutics Incorporated 70.19 -9.63 (-12.06%)DJTWW Trump Media & Technology Group Corp. 6.85 -0.65 (-8.67%)VIPS Vipshop Holdings Limited 18.02 -1.35 (-6.95%)UUUU Energy Fuels Inc. 14.20 -0.88 (-5.81%)RIVN Rivian Automotive, Inc. 19.59 -1.08 (-5.22%)Most activeNVDA NVIDIA Corporation 187.54 -0.68 (-0.36%)NIO NIO Inc. 5.52 +0.17 (+3.28%)PLUG Plug Power Inc. 1.9350 -0.0350 (-1.78%)TSLA Tesla, Inc. 454.43 -5.21 (-1.13%)ONDS Ondas Holdings Inc. 8.99 +0.53 (+6.26%)Top economic eventsEarnings eventsMy earnings eventsEarnings events