With bitcoin (BTC-USD) creeping closer to $100,000 by every day, and another blockbuster Nvidia (NVDA) earnings report in the rearview mirror, do markets still have room left to run? And where will the next market catalyst come from?

In a conversation with Josh Lipton, Slatestone Wealth partner and chief market strategist Kenny Polcari finds the market to be looking "tired," and doesn't expect the next driving force to be courtesy of the Federal Reserve or a high-profile earnings report.

"I think the catalyst from a negative perspective is gonna be a geopolitical event." he says. Polcari goes on to say that if an event on that scale can be avoided, investors are optimistic about next year:

"Look what happened today. The Dow (^DJI) rallied massively, right? So that tells you that the rally continues to broaden out and that people are very excited, and they're positive, they're optimistic about 2025."

To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.

This post was written by Conor White.