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KG: Expect SPX Into FOMC Meeting, MRVL Hit on MSFT & AVGO Deal

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There's a lot on the docket for this week, but Kevin Green says he "won't be surprised" to see SPX compression before the Fed's interest rate decision on Wednesday. However, it could set the stage for a Santa Claus rally to close 2025. On the A.I. trade, KG notes Marvell's (MRVL) steep selling action as Microsoft (MSFT) eyes Broadcom (AVGO) for custom chip orders. Broadcom briefly traded at an all-time high Monday morning ahead of Thursday's earnings. He mentions Oracle (ORCL) as another key earnings print this week.

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